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Bitcoin Miners in Short Supply as Chinese Manufacturers’ Capacity Inadequate

Source said major Chinese miner makers including Whatsminer, Canaan, Ebang have sold out most of their stocks this year, while Bitmain is trapped in internal disputes and delivery delay. The bitcoin miners are now faced with the short supply of bitcoin miner.

At present, bitcoin mining machines are mainly divided into two schools, one incuding Whatsminer, Canaan, Ebang, and innosilicon, which adopts Samsung’s 8nm chip; the other including Bitmain, which adopts TSMC’s 7nm chip.

The former school is the lack of chip capacity as Samsung’s high-end technology level and production capacity are limited. It is reported that Samsung may have some problems with OEM orders for Qualcomm. Therefore, Qualcomm urgently asked TSMC for assistance in July.

During the end of the year 2019 and the beginning of the year 2010, Chinese miner makers had a negtive attitude towards the market. In the face of the negative factors of bitcoin halving, Bitmain has taken the initiative to lay off employees, and other manufactures kept more conservative in miner reservation orders. However, the price of bitcoin hit $12000 after a period of horizontal period.

In the second half of the year 2020, Canaan’s focus will be on the AI and the cost-effective miner by cooperating with SMIC. Meanwhile, it will try to order the production capacity of TSMC next year. The newly released A1166PRO futures are scheduled to be in January next year.

Innosilicon claims to launch a new generation of bitcoin miner in the second half of the year 2020, with an energy efficiency ratio of more than 20 W/T and adopting Samsung’s 8nm chip. At present, there is no accurate information about this product. It may be customized for customers and will not be sold publicly. At the same time, Innosilicon are developing customized Ethereum mining machine.

Ebang’s focus has shifted to government Telecom projects and crypto exchanges, while Whatsminer continues to focus on the next generation of bitcoin mining machine.

At the beginning of its release, most of M30S had been sold overseas, and Bitmain also received a large number of overseas orders, with more than 500 million yuan disclosed.

However, the second-hand mining machine market is very active. Some big miners choose to sell the previous generation of second-hand mining machines, such as M20S and T17, gaining a lot of profits.

However, due to the disputes between the two founders of Bitmain, the chip is controlled by Wu Jihan, and the supply chain is controlled by Micree Zhan. Both parties could not finish the production singly.

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