It remains unknown how many employees are affected by the latest closure in Amsterdam, which Bitmain has officially confirmed.
Bitmain, which in November announced the first in what has become a series of cost-saving measures by shutting down a blockchain development center in Israel, said the move was part of its longer-term roadmap.
“As we build a long-term, sustainable and scalable business, we are making adjustments to our staff and operations. This includes the decision to close our Amsterdam and Israel offices,” the statement reads, adding:
“We are really focusing on things that are core to our…
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