Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
Panadacoin
on 05/04/2018, 09:27:05 UTC
ETH Asic Miner Released, Decentralized Mining in Jeopardy, Bitmain Likely Been Mining and Selling ETH for Months



https://twitter.com/BITMAINtech/status/981169456411021312?s=19

Ethereum is supposed to be ASIC resistant, or at least ASICs shouldn't be able to mine ETH better than normal hardware. Bitmain is putting an ETH ASIC miner out anyway.
https://coincodex.com/article/1473/bitmain-introduces-ethereum-asic-miner-how-will-the-ethereum-community-respond/

 I saw this also. It really makes me wonder what has been going on that we are unaware of. If they were mining with these for months it could very well be responsible for some of the huge value lost in that time. I hope that more info will be available soon about this.