Bitmain working on Ethereun ASIC Miners ?

in #ethereum7 years ago

ASIC miner for Ethereum...!!

There's a rumor going on in crypto-sphere that Bitmain is working on an ASIC miner for ethereum, it will cost around 2.5K ? is it just a rumor or there is some truth in it, what do you guys think?

What will happen to GPU mining if this true?

source: https://goo.gl/cCYuuj

Sort:  

It will effectively kill it, and those who jump on the miners will profit greatly until the difficulty spikes, to insane levels. We saw this when they rolled out the S9 miner, but that was also not the first iteration of miner they made for bitcoin mining.

Wow if the rumors is true a great opportunity may be created. Lower price gpu coins will get a huge mining advantage. Asic owners will point their miners to ethereum pools making ethereum hodlers very wealthy. Interesting post.

Its about sphere.com? Really ..
I diZzy about that

Congratulations @bigcrunch! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @bigcrunch! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.035
BTC 90703.90
ETH 3170.78
USDT 1.00
SBD 2.97