I think mining is the profitable business.. Growing mining industry attract the new competitors..
A new plans of advancing competitor to enter the mining hardware market by end of this year. A company of Canadian squire mining has raised almost $20 million to finance the design, btcoin mining rig, development and testing of a new ASIC chip. Squire also wants to set up its own mining facilities..
Are you expecting more companies to join the competition in the mining hardware system..??? share your thoughts in the section comment below..