Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers

Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers

Several years ago, the landscape of ASIC bitcoin mining producers was diverse. Yet, over the recent couple of years, a select few top manufacturers have sustained the production of bitcoin mining rigs.
ASIC Mining’s Changing Landscape
Once, numerous ASIC producers flourished, but today, only a few remain active in manufacturing bitcoin mining rigs. Currently, prominent names like Bitmain, Microbt, Canaan, and Auradine dominate the conversations.
Previously, industry leaders also included Bitfury, Innosilicon, GMO, Ebit, and Halong, alongside the still-active Canaan, Microbt, and Bitmain. Auradine, originating in California and known for its Teraflux miners, marks a relatively recent entry into the space.
Bitfury, while still engaged in the mining sector, has shifted its focus from ASIC production to blockchain infrastructure, offering services like operational management and optimal energy locales, alongside its Blockbox AC. The company continues to offer its Tardis server, launched

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