Yesterday, Bitmain announced a new ASIC (application-specific integrated circuit) mining rig specifically for ethereum.
Not only is it about 2.5 times more powerful than current GPU mining systems while costing only $800, RBC Capital Markets says it could make a dent in the boost Nvidia has seen from cryptocurrencies in the past year.
By: Graham Rapier (Business Insider).
Photo: Digital Trends.
Review: Emerging Market Formulations & Research Unit, Flagship Records.