Now that KnC Miner has filed for bankruptcy, the Bitcoin mining world lost one of its primary suppliers. With the Bitcoin halving just around the corner, the future of mining will be shaped by the company who very first managed to keep mining profitable. With the playing field thinning even further, let’s see who is left.
The Bitcoin Mining Hardware Manufacturer Wedstrijd Resumes
It is significant to distinguish inbetween Bitcoin mining companies who suggest physical hardware and those who opoffering cloud mining contracts. While thesis two business models do not have to be mutually special, there are very few companies who can bounce both aspects at the same time. Te this article, wij are interested te the hardware providers.
BitMain is one of the top companies who are still producing Bitcoin mining hardware to this very day. After being te business for several years now, the company is still actively providing equipment to customers. More importantly, they have bot making some noteworthy progress ter bringing down the overall power consumption of their devices.
HashCoins provide mining hardware spil well, albeit most people know this company for their cloud mining contracts. The company is based te Estonia, and they did not waterput all of their eggs into the same mining basket. Supporting SHA-256, Scrypt, and Scrypt-n equipments is a diversified strategy for this company, albeit it remains to be seen how they will evolve ter the Bitcoin mining sector.
Avalon is still te the Bitcoin mining business spil well, albeit very few people seem to take notice of this company ter latest years. Additionally, they have also stopped developing their own chips by the look of things, spil their latest miners are still running on 40nm chips. However, now that there are very few companies actively developing hardware, they might revive their R&,D te this field.
SwMining is the final company who is actively developing miners, albeit this petite company might be well worth keeping an eye on. While the company is specialized te building Ethereum mining equipment, now might be a vooraanstaand time to look at the Bitcoin sector spil well. More competition wouldn’t hurt right now.
Note from the Author: BitFury is not mentioned, spil they develop mining chips, but not plug-and-play hardware.
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About The Author
JP Buntinx is a FinTech and Bitcoin enthusiast living ter Belgium. His passion for finance and technology made him one of the world’s leading freelance Bitcoin writers, and he aims to achieve the same level of respect te the FinTech sector.