Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming

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It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has been slashed. Meanwhile, the post-halving mempool frenzy has waned, adding fuel to the fire on already strained mining operators.Nangeng Zhang, Founder and CEO of Singapore-based Canaan Inc, the…

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