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Zac Greenwood [ARCHIVE] /
npub1gymโ€ฆvff7
2023-06-07 22:53:29

Zac Greenwood [ARCHIVE] on Nostr: ๐Ÿ“… Original date posted:2021-05-17 ๐Ÿ“ Original message:> > > Are there people who ...

๐Ÿ“… Original date posted:2021-05-17
๐Ÿ“ Original message:>
>
> Are there people who can freely produce new mining equipment to an
> arbitrary degree?
>

Close. Bitmain for example produces their own ASICs and rigs which they
mine with. Antpool is controlled by Bitmain and has a significant amount of
the hash power. The marginal cost of an ASIC chip or mining rig is low
compared to R&D and setting up of the production lines etc. For Bitmain
itโ€™s relatively cheap to produce an additional mining rig.

Unfortunately I failed to make sense of your other remarks which looked
rather confused so I take the liberty to disregard them.

Zac


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