TOKYO - February 17, 2020 - (Newswire.com)
February 17, 2020 (Newswire) -Zigmabit sold about 600,000 units of its flagship Zigbit series last year, Jon Zhang, sales head of the Tokyo-based headquarters of the Company, said in an online panel hosted by Chinese mining pool Poolin on Thursday in a WeChat group.
These miners can operate under multiple algorithms and are capable of mining Bitcoin, Litecoin, Ethereum, and Dash. Mentioned below are the hash rate powers offered by the three miners.
Bitcoin: ZigBit 2.0. 260 TH/s, ZigBit 3.0. 330 TH/s, ZigBit 5.0. 2000 TH/s
Litecoin: ZigBit 2.0. 44 GH/s, ZigBit 3.0. 55 GH/s, ZigBit 5.0. 300 GH/s
Ethereum: ZigBit 2.0. 11 GH/s, ZigBit 3.0. 14 GH/s, ZigBit 5.0. 75 GH/s
Dash: ZigBit 2.0. 6 TH/s, ZigBit 3.0. 9 TH/s, ZigBit 5.0. 50TH/s
Amid Bitcoin's price jump throughout 2019, the network's two-week average computing power more than doubled from just 40 EH/s around the end of 2018 to nearly 100 EH/s in December. That'd mean close to half of Bitcoin's computing power growth in 2019 may have come from equipment delivered by ZIGMABIT
Zhang didn't specify the precise average unit price of these batches, as they could fluctuate depending on Bitcoin's price over the year. But the firm's various models in its ZIGBIT product line are generally priced between $3500 to $23000 per ZIGBIT MINERS, meaning the firm has brought home a high nine-figure revenue in U.S. dollars for 2019.
Bitcoin's Price $9637. That also means ZIGMABIT may account for around 30 percent of Bitcoin mining power sold right now, making it one of the largest and fastest-growing miner makers in the world.
Situation in flux
Meanwhile, crypto research firm Coinshares estimated in a report on Dec. 12 that Bitmain's dominance of sold Bitcoin hash rate was about 65 percent at the time, already down from 75 percent in 2018.
About Zigmabit Inc.:
Zigmabit Inc. is a manufacturer of high-quality cryptocurrency miners that deliver extremely high hash power without consuming a lot of power. Their team comprises of several top-level professionals from renowned organizations such as Samsung, Microsoft, IBM, and many others. Headquartered in Tokyo, Japan, the company currently has a manufacturing facility in the United Kingdom and newly opened facility in Munich, Germany.
Media Contact:
Ken Naruto
PR Manager Zigmabit Inc
+815032044801
Press Release Service by Newswire.com
Original Source: Bitcoin Miner Maker Zigmabit Has Rapidly Expanded Market Share by Selling Over Half a Million Units in 2019, Chipping Away at Rival Bitmain's Dominance
