Four companies control the Bitcoin mining industry

Four companies control the Bitcoin mining industry

Bitcoinmining

Bitcoinmining

A new report estimates that these four companies will take over almost the entire Bitcoin mining industry by the end of 2020.

A TokenInsight annual reportreleased today assumes that 98% of Bitcoin mining equipment’s market share will be limited to just four companies by the end of 2020. It is estimated that Bitmain, MicroBT, Canaan and Ebang will replace the rest of the competition by a further…

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