Chinese Company Phoenix Technologies Increases Production of Asic Chips
A newcomer to the bitcoin mining community Phoenix Technologies have promised that production of ASIC chips will increase due to a sharp increase in demand. The public release of their bitcoin mining hardware has been met with excitement with social media channels buzzing due to the affordability of their bitcoin miner. The increased production is being reflected in the pricing of the units with prices set to fall. This pricing change is likely to have ramifications in the wider industry...
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