News of Bitmain – s Fresh ASIC for Mining Negatively Impacts Ethereum – s Price, NewsBTC

News of Bitmain - s New ASIC for Mining Negatively Impacts Ethereum - s Price, NewsBTC

Following news of an ASIC mining equipment from Bitmain , spil well spil similar products te development from three other Chinese companies, Ethereum prices have dropped overheen $100, well below their one-week high of $585. An ASIC, or Application-specific integrated circuit, is a chip that is created with the specific and foot purpose of mining a single cryptocurrency. Continue reading News of Bitmain – s Fresh ASIC for Mining Negatively Impacts Ethereum – s Price, NewsBTC