January 4, 2022, 2:44PM EST
• 6 min read
- Major Chinese Bitcoin miner manufacturers have been contracted to deliver at least 1 million units of ASIC miners in 2022.
- We break down their market shares based on known purchase orders by institutional Bitcoin mining companies, most of which are publicly listed in North America.
- In theory, these pre-orders could add at least 100 EH/s of computing power to the Bitcoin network. But there are several factors that could affect that progress.