Polychain’s Exit from TIA Sparks Debate Polychain Capital, a major crypto investment firm, has sold its remaining $62.5...
Crypto
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A mysterious Bitcoin whale from the early days of BTC has resurfaced, transferring 8,000 BTC (worth $469 million) after...
The U.S. dollar steadied on July 10, 2025, after a recent rally, while Brazil’s real faced pressure...
The cryptocurrency market is seeing a strong rebound, with Ethereum (ETH) and Dogecoin (DOGE) leading the charge as Bitcoin (BTC) surges to its...
Bitcoin (BTC) long-term holders (LTHs) are demonstrating unwavering confidence in the leading cryptocurrency, accumulating an average of 800 BTC...
Former Binance CEO Changpeng “CZ” Zhao has declared that Bitcoin (BTC) will soon replace traditional homeownership as...
The cryptocurrency and blockchain industry continues to expand rapidly, with job openings surging by 60% in early 2025. As...
Metaplanet, a forward-thinking investment firm, has seen an astonishing 7,500% return on its Bitcoin holdings, solidifying its...
Coinbase, one of the world’s leading cryptocurrency exchanges, has recently obtained a regulatory license in the European...
Leading Chinese manufacturers of bitcoin mining equipment are establishing production facilities in the United States to circumvent tariffs imposed on their products. This strategic move is aimed at maintaining their competitive edge in the global cryptocurrency market. bitcoin mining The decision to set up US production comes as a response to the tariffs imposed on Chinese-made goods, including cryptocurrency mining machines. By doing so, these manufacturers can avoid the additional costs associated with the tariffs and maintain their market share. Key Takeaways The Current State of Bitcoin Mining Equipment Manufacturing Bitcoin mining equipment manufacturing is a rapidly evolving sector, with Chinese companies at the forefront. The industry has seen significant advancements in technology, leading to more efficient mining hardware. This shift has been driven by the growing demand for cryptocurrency mining. Global Market Leaders in Bitcoin Mining Hardware The global market for bitcoin mining hardware is dominated by a few key players. Companies like Bitmain, MicroBT, and Canaan Creative are leading the way in terms of innovation and production capacity. Their products are known for their high performance and efficiency. Company Market Share Notable Products Bitmain 50% Antminer S19 Pro MicroBT 30%...