$15 Billion Bitcoin Mining Firm Bitmain is Losing Competitive Edge: Analyst

The bad news continues to pile up for bitcoin mining giant Bitmain ahead of its historic public offering. According to Bloomberg, market research firm Sanford C. Bernstein & Co. has published a report alleging that the China-based Bitmain, the world’s largest manufacturer of the application-specific integrated circuit (ASIC) devices that dominate the cryptocurrency mining industry, The post $15 Billion Bitcoin Mining Firm Bitmain is Losing Competitive Edge: Analyst appeared first on CCN

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Ethereum ASIC Miners Set to Hit the Market as Bitmain Begins Taking Preorders

The first Ethereum ASIC miners are about to hit the market, ushering in a new — and potentially disruptive — era for the second-largest cryptocurrency. Chinese mining hardware manufacturer Bitmain announced on Tuesday that it was accepting preorders for the Antminer E3, which is believed to be the first ASIC miner compatible with the Ethash … Continued The post Ethereum ASIC Miners Set to Hit the Market as Bitmain Begins Taking Preorders appeared first on CCN

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