Breaking down Bitcoin miner manufacturers’ multi-billion-dollar contracts for 2022
Quick Take
- Major Chinese Bitcoin miner manufacturers have been contracted to deliver at least 1 million units of ASIC miners in 2022.
- We break down their market shares based on known purchase orders by institutional Bitcoin mining companies, most of which are publicly listed in North America.
- In theory, these pre-orders could add at least 100 EH/s of computing power to the Bitcoin network. But there are several factors that could affect that progress.
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Author: Wolfie Zhao
