Hello guys today i will discuss Bitcoin Minings Technology or Ant miner S9, is a privately owned company headquartered in China. They are a bitcoin miner and designer of Asic chips.The company also operates Antmining pool, historically one of the largest bitcoin Mining in the world.
Bitmain was founded by Jihan Wu and Micre zhan in 2013, and has opened office in Shanghai, Hong Kong, US, Israel, Netherlands and Switzerland. Prior to founding Bitmain, Private equity fund manager was running a startup that allowed users to stream television to a computer screen.They originally met while was trying to raise money for the startup, however after discovering Bitcoin and becoming the first person to translate Satoshi Nakamoto. Bitcoin white paper into Chinese, he approached Zhan for help in developing a new ASIC chip capable of mining bitcoin, at which point Bitmain was founded.In June 2018, The CEO of mining Jihan told Bloom berg that the Company is considering IPO for producing capital to expand its producing hardware.In September 2017, provided the company with $50 million in funding to support the company goal of creating innovative chips for artificial intelligence.Bitcoin estimated that in 2017 the company generated $3-4 billion in profit.
In May 2016, Bitmain made a see level investment in Air development, a new platform which aims to bring creation and management to the mainstream by presenting users with a simple mining machines.
In May 2017, BitPay announced a development agreement with Bitmain to create advanced open source software for the miners, mining pools and full node operators maintain and secure Blockchain transactions.
Bitcoin mining machine is such a machine to earn bits from machine is data using process with power supply
{ANTMINER s9} with power supply watt in it.In ALIBABA the machines are Avaliable to purchase & using this mining machine & delivery in all the country.Machine rate are $1700 TO $2000 approximately.
Bitcoin mining machine are is been processed by CPU &GPU and other hardware found in typically is designed can be found in mining machine.
The mining machine is used into blockchain technology it work by connecting antminer s9 machine to earn highly profitable.
~ MINING IS SUCH A HIGHLY PROFITABLE THING ONCE WE HAVE TO SET UP & THEN ONLY EARN LOT OF BITCOIN.