Ebang Reported Dismal Unaudited Financial Results For The First Half Of 2020
On September 25, Ebang International Holdings Inc. (Nasdaq: EBON) released its unaudited monetary outcomes for the very first 6 months of the 2020 financial year. The cumulative computing power offered in the very first half of 2020 was 0.25 million Thash/s which is a YoY reduction of around 86.02%from 1.82 million Thash/s taped in 2019. The business tape-recorded a gross loss of US$ 0.97 million equating to a 94.59 %year-over-year decrease from US$ 17.87 million tape-recorded in the exact same duration in 2019.
