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 first managed to keep mining profitable. With the playing field thinning even further, let’s see who is left.
The Bitcoin Mining Hardware Manufacturer Race Continues
It is important to distinguish between Bitcoin mining companies who offer physical hardware and those who offer cloud mining contracts. While these two business models do not have to be mutually exclusive, there are very few companies who can juggle both aspects at the same time. In this article, we are interested in the hardware providers.
BitMain is one of the top companies who are still producing Bitcoin mining hardware to this very day. After being in business for several years now, the company is still actively providing equipment to customers. More importantly, they have been making some noteworthy progress in bringing down the overall power consumption of their devices.