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

arvindkhushi (55)in #steemhunt • 6 years ago

Bitmain cryptocurrency mining

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

Screenshots

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/

Contributors

Hunter: @arvindkhushi

This is posted on Steemhunt - A place where you can dig products and earn STEEM.
View on Steemhunt.com

#product #crypto #mining

6 years ago in #steemhunt by arvindkhushi (55)

Sort:

dayleeo (70) 6 years ago

Thank you for posting on Steemhunt!
However, your post has been delisted on Steemhunt because it does not meet the following posting guidelines.

###2. Types of Products to Post
Steemhunt generally covers unique IT or hardware products, including:
2-1. Web services
2-2. Mobile apps
2-3. API, IT solutions, bots, open sources or other types of software
2-4. Tech gadgets, hardware, IoT/connected/wearable devices
2-5. Games
2-6. Innovative Engineering/Design Products (It may cover non-tech products that have been invented based on high-level engineering/design approach to solve a major problem)

Please read our posting guidelines. If you have any questions, please join our Discord Group.