Bitmain cryptocurrency mining - They are a bitcoin miner and designer of ASIC chips.[1]

in steemhunt •  6 years ago 

Bitmain cryptocurrency mining

They are a bitcoin miner and designer of ASIC chips.[1]

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Hunter's comment

Bitmain Technologies Ltd., or Bitmain, is a privately owned company headquartered in Beijing, China, with offices in Shenzhen, Shanghai, Chengdu, Hong Kong, Fuzhou, US, Israel, Netherlands and Switzerland. They are a bitcoin miner and designer of ASIC chips.[1] The company also operates Antpool, historically one of the largest bitcoin mining pools.[2]

Bitmain is highly profitable; analysts estimated that in 2017 the company generated $3-4 billion in profit.[3] However, the company has been criticised because of its dominance over cryptocurrency mining, a position at odds with the principle of decentralisation

Link

http://www.bitmain.com/

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6 years ago by

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      ·  6 years ago 

    Thank you for posting on Steemhunt!
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      ·  6 years ago 

    I dont like thiis big crypto mining companies I aggree that they kill one of the amazing things about crypto : decentralization.

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    5 votes
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      ·  6 years ago 

    Your settings are broadcast to all the miners on the data cable chain. Looks a little confusing at first but in reality it is super easy to setup.

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        ·  6 years ago 

      Great article, maybe you are interested in the one in these links related to crypto,mining:

      Il this comment you think is useful please consider vote it

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