Bitmain rushes to deploy 90,000 miners ahead of the Bitcoin Cash hard fork
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Bitmain, the crypto mining giant, is reportedly deploying 90,000 S9 Antminer machines to the western Chinese region of Xinjiang. According to reports, Bitmain is strategizing its role in the impending "Hash War" for bitcoin cash. Bitmain is requesting that local mining farms support over 5,000 Antminers for each farm. Bitmain is a major holder of bitcoin cash and is supporting the ABC implementation of the network. A split of the bitcoin cash network is potentially damaging to Bitmain's holdings. (Source: Cointelegraph)
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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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