The world’s second-biggest maker of cryptocurrency mining rigs Canaan Creative now sells equipment at $200 USD per unit on flash sale that was once sold for $700. Mining Hardware Manufacturers are having bat times as the prices of the cryptocurrencies have fallen sharply. They are forced to offer a shiny discount to boost sale. Retailers are also facing the heat.
The post Crypto Mining Machine Manufacturers Hit As Market Dips appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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