Ahead of the imminent Bitcoin Cash difficult disk, mining giant Bitmain has rushed to set up approximately 90,000 Antminer S9 machines into the western region of Xinjiang.
Ahead of the imminent Bitcoin Cash (BCH) tough disk, mining giant Bitmain has rushed to set up approximately 90,000 Antminer S9 machines into the western region of Xinjiang, Chinese blockchain news origin DeepChain reports Nov. 8. As reported, the BCH network will hard fork Nov. 15, also Bitmain is reported to be strategizing its role in the forthcoming computing “power war” simply by reaching out to local mining farms in the coal-rich region of Xianjing.Local mining pool operator Yu Hao informed DeepChain that the mining titan has been in discussions by “nearly all” the neighborhood mining farms because late October, and persuaded them to sponsor almost 90,000 of its S9 machines:“[Bitmain’s] AntPool asked that a single mining farm should host more than 5,000 machines. However, in actuality, only a couple of mining farms can satisfy their need. ”An unnamed source “familiar with the matter” has claimed that “half [Bitmain’s] marketing staff have gone to Xinjiang to speak to local mining operators around deploying gear. ”Since DeepChain outlines, the power glut in coal-rich areas such as Xinjiang and Inner Mongolia has been valuable for firms such as Bitmain, as hydropower stations in southwest China are not able to supply sufficient power to satisfy their energy-intensive needs.Beijing-born Bitmain, that is a major holder of Bitcoin Cash, is financing BCH customer Bitcoin ABC, that has spearheaded the forthcoming hard disk. Since DeepChain notes, Binance continues to be joined by top U.S. crypto market Coinbase in endorsing the community upgrade.Bitmain proceeds to compete with other mining hardware makers to get the technological edge; this week, the company released two brand new 7nm (nanometer) Antminers, equipped with next-generation ASIC processors. […]