There’s No Point in Bitmain Developing an Ethereum ASIC Miner

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TheMerkle Ethereum ASICThere are rumors on the internet that Bitmain is working on yet another cryptocurrency mining hardware unit. While that in itself is not spectacular by any means – especially because it is the company’s business model – this latest venture would focus on Ethereum ASIC mining. Although it remains to be seen if there is any truth to these rumors, the prospect of an Ethereum ASIC mining unit is quite interesting, for obvious reasons. An ASIC Miner for Ethereum Makes no Sense While some people have speculated that Bitmain is working on a new ASIC mining device for Ethereum, there’s no real evidence

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