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Bitmain Follows Industry Trend, Shutters Operations in Israel

Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra’anana, Israel, according to reports from local news outlet Globes. The R&D center, which produced Bitmain’s first Israeli mining pool ConnectBTC, was launched in 2016 to

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