Ebang has 4th largest ASIC market share yet very low "mind share"; why?

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Biffa on January 31, 2020, 07:38:35 AM

They are pretty huge in China I understand.
Data probably coming from this article:
https://news.bitcoin.com/mining-report-highlights-chinas-asic-manufacturing-improvements-and-dominance/

Quote from: mrmoee on January 30, 2020, 10:32:31 PM

However, there is probably one Ebang post for every 70-100 Antminer posts. I'm just curious, as pretty much a newb, is this simply because Ebang miners are considered cheap/shitty/not worth the try or is it because it's mostly large farms buying their miners in bulk and pretty much running their own show in the shadows (relative to us)?

Something like that!
The norm is 20 posts if you have a miner, about 5 if you own 100 and zero if you have a thousand. Cheesy

mrmoee

newbie

Activity: 10

Merit: 48

I actually followed a retweet by "Braiins_Systems" of a post by "MinerUpdate" of the following article:

https://minerupdate.com/news/miner-insights/how-will-the-bitcoin-asic-manufacturer-market-evolve-in-2020

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

It has to be inaccurate data all around. Data is not comparable, there's no checking on figures, there's no way to know if companies have backround deals for relabeling their units or licensing chip designs... etc. This research might shed some light on who controls what market share but shouldn't be considered reliable. It's very hard to classify the sales of bitcoin mining units when they aren't even considered a specific category from official statistic authorities.

Also worthy of note is the fact that companies don't have to report sales or hashpower and it's easy to label it as somebody else's hashpower if that could serve a purpose at all. I remember back in the day BitFury claiming that they had their own chips, at a mm scale other companies hadn't yet reached. But afaik didn't go on to sell miners to the public imminently and never sold smaller scale units.

Biffa

legendary

Activity: 3234

Merit: 1221

They are pretty huge in China I understand.

Data probably coming from this article:

https://news.bitcoin.com/mining-report-highlights-chinas-asic-manufacturing-improvements-and-dominance/

Steamtyme

legendary

Activity: 1568

Merit: 2037

Shit my bad that's who I was thinking of Wink

. I was assuming this list was older and Whatsminer hadn't broke out yet as a real competitor. Apart from the likes of Bitfury I can't think of who else was even producing gear at the time whatsminer launched their first miners, and earlier.

philipma1957

legendary

Activity: 4326

Merit: 8950

'The right to privacy matters'

My guess is the info is wrong and that innosilicon made more gear then Ebit.

Steamtyme

legendary

Activity: 1568

Merit: 2037

All I can say is that the numbers are likely accurate and only represent the small selection of manufacturers that produced large amounts of gear. Despite them having absolutely shit hardware with massive failure rates, and shit customer service they pumped out a large amount of gear and presumably produced a couple of NEX-gen miners in late 2018/early 2019 though I don't think anyone ever saw them. Where did you see the listing? How old was it? I'm guessing it looked something like this.

1-Bitmain 2-Canaan 3- Whatsminer 4- Ebit

mrmoee

newbie

Activity: 10

Merit: 48

So I recently came across a market analysis of ASIC miner manufacturers and was shocked at the fact that Ebang is number 4 on the list with high single digits market share. Why was I shocked? Because I barely hear a thing about their miners. I barely come across posts regarding custom firmware, etc. This particularly stood out to me as I own a few of their miners and have always struggled to find good information regarding them or even custom firmware, etc.

I know that S9s pretty much take up most of the limelight but if we go by the numbers, there is one Ebang miner for every 7-10 Antminers. However, there is probably one Ebang post for every 70-100 Antminer posts. I'm just curious, as pretty much a newb, is this simply because Ebang miners are considered cheap/shitty/not worth the try or is it because it's mostly large farms buying their miners in bulk and pretty much running their own show in the shadows (relative to us)?

Back of the envelope math means there have to be hundreds of thousands of these deployed and that somewhat doesn't jive with the level of attention they get publicly. I just wanted to hear what you guys think about this and any explanations.

Thanks!
M

Topic: Ebang has 4th largest ASIC market share yet very low "mind share"; why? (Read 209 times)