Bitmain and Canaan have launched new bitcoin mining devices, delivering higher hash rates at lower energy costs, in anticipation of the upcoming Bitcoin halving.
ASIC chip manufacturer Canaan Creative is closing the gap between itself and cryptocurrency mining industry leader Bitmain after a massive infusion of capital.
On February 22, 2019, Ebang reportedly announced this plan to expand dramatically throughout the fiscal year. Currently, Ebang is the third largest manufacturer of cryptomining equipment.
