Bitcoin Hardware Manufacturer Bitmain Made a Profit of up to $4 Billion Last Year (news.bitcoin.com)

The wealth of bitcoin mining titan Bitmain has long been assumed to be north of “huge”. Thanks to its near-monopolization of the ASIC manufacturing business, Bitmain has effectively had a license to print money. This week, Bernstein analysts released a report into Bitmain’s operations. It estimates the Chinese firm to have made $ 3-$ 4 billion last year from mining cryptocurrency and for selling the equipment for others to do the same.
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Samson Mow on Twitter: “#DragonMint miners are just the start. Another manufacturer with miners more efficient than Bitmain’s is coming soon. Expect more news in the next few days. It’s time to decentralize mining.”

Samson Mow on Twitter: "#DragonMint miners are just the start. Another manufacturer with miners more efficient than Bitmain’s is coming soon. Expect more news in the next few days. It’s time to decentralize mining." submitted by /u/TheGreatMuffin
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Leading Japanese ATM Manufacturer Oki Gets into Bitcoin ATM Business (news.bitcoin.com)

As the number of merchants accepting bitcoin in Japan grows, companies are incorporating the digital currency into their business models in different ways. Japan’s leading printer, info-telecom and ATM manufacturer, Oki Electric Industry Co Ltd, has entered into the Bitcoin ATM business. Their first line of Bitcoin ATMs is launching this month.
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Bitcoin Mining Manufacturer Canaan Acquires Proof of Existence (news.bitcoin.com)

The first document timestamping service for the Bitcoin blockchain, Proof of Existence, has been acquired by Bitcoin ASIC mining hardware manufacturer Canaan. The company has also retained the founder of Proof of Existence, Manuel Aráoz, as an advisor on future product development.
Also read: Veriphant Helps

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