Is Bitfury in a position to challenge Bitmain for supremacy of crypto mining ASICs?

Colleagues, flush with $80m in new capital Bitfury intends to take on Bitmain, NVidia and other mining ASIC vendors with the introduction of its Clarke ASIC chip. Not to be outdone, industry-leader Bitmain is launching its Antminer S15 and T15 machines featuring a 7nm ASIC tomorrow. This battle comes in the wake of relatively flat demand for NVidia GPUs and a decline in sales by AMD. In aggregate, these developments raise a fundamental question: What is the true size (and duration) of the crypto mining market? Is the size of this market in correlation with the market cap and number of crypto tokens – mostly Bitcoins – in the global market? Alternatively, as some suggest, is crypto mining reaching a market saturation point? The Cryptocurrency Academy believes that the number of crypto tokens is far from being usurped, however, we do not see the growth rates experienced in 2016-2018 to continue … with Bitmain remain the ASIC market leader. Share your comments today! Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)