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Source? I mean, real technical capabilities not just mention of facilities in Texas or whatever.
by JackRabbitSlim 7y ago
Source?
I mean, real technical capabilities not just mention of facilities in Texas or whatever.
- astrodust 7y agoThey manufacture the bulk of Bitcoin mining gear. They hold all the IP. They have all the manufacturing contracts. They have heaps of their own hardware and the capability of manufacturing more at cost. They are the prime mover in the Bitcoin space, and have an outsized impact in other crypto mining spaces. They are the undisputed ASIC leaders.
- Priem19 7y agoWhat's your point? If Bitmain decided to 'overturn' Bitcoin all their gear would become worthless.
- astrodust 7y agoWhat if crashing Bitcoin helped them in some way, like pushing people to Ethereum where they also sell metric tons of mining equipment? You're saying it's impossible, and now you're saying nobody would bother. Don't move the goalposts.