February 22, 2026

Capitalizations Index – B ∞/21M

Bitmain Has Developed an Ethereum ASIC Miner, Wall Street Analyst Claims

News – CCN
Bitmain Has Developed an Ethereum ASIC Miner, Wall Street Analyst Claims

A leading Wall Street research firm has slashed price targets for leading chipmakers Nvidia and AMD, claiming that it has received confirmation that cryptocurrency mining hardware manufacturer Bitmain has begun producing Ethereum ASIC miners. Writing a Monday note to clients, Susquehanna analyst Christopher Rolland said that the firm had recently confirmed that the China-based Bitmain … Continued

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