Bitmain And The Institutionalization Of Bitcoin Mining Manufacturers

Bitmain And The Institutionalization Of Bitcoin Mining Manufacturers

Bitmain’s path toward a public listing can tell us a lot about the institutionalization of the Bitcoin mining industry at large.It seems that the ground under Bitcoin businesses is shifting daily, first with a major shutdown and hash migration out of China, then with some wobbly prices and now with an attempt to legislate bitcoin in the U.S. Congress.Compass Mining, a full-service mining host and equipment provider, recently released a detailed mining report that included a look at what it calls “hardware manufacturer institutionalization,” another major shift in the Bitcoin space.The....


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