China's bitcoin mining giant Bitmain is expanding to Switzerland

China's bitcoin mining giant Bitmain is expanding to Switzerland

A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson

Chinese bitcoin mining giant Bitmain Technologies is expanding to Switzerland in a move that will be key to widening its reach, the group told a Swiss newspaper.

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