Leading Crypto Mining Machine Maker Bitmain Said to Halt Sales in China – CoinDesk

Leading Crypto Mining Machine Maker Bitmain Said to Halt Sales in China – CoinDesk

Founded in 2013, Bitmain was one of the earliest manufacturing companies to make an application-specific integrated circuit (ASIC), which is a powerful, specialized machine for bitcoin mining. ASICs have enabled miners to scale up their mining operations and increased mining difficulty exponentially.