Asic Miners – Leader In Cryptocurrency Mining Technologies.
The pace at which Bitcoin ASIC Miners have been developed, for a previously non-existent market, has seen some academic interest. One paper titled “Bitcoin and The Age of Bespoke Silicon” notes:
We examined the Bitcoin hardware movement, which led to the development of customized silicon ASICs without the support of any major company. The users self-organized and self-financed the hardware and software development, bore the risks and fiduciary issues, evaluated business plans, and braved the task of developing expensive chips on extremely low budgets. This is unheard of in modern times, where last-generation chip efforts are said to cost $100 million or more
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