Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Raziel__ on May 11, 2017, 10:38:41 PM



Title: Altcoin miners in trouble?
Post by: Raziel__ on May 11, 2017, 10:38:41 PM
Bitcoin Miner Canaan Raises $43 Million for Blockchain and AI Push.
For Canaan, however, the funding will serve as a means to facilitate the exploration of computing chips for use in artificial intelligence (AI) applications, and potentially, into hardware solutions for alternative cryptocurrencies that require different chips to optimize the mining process. Here is the link:
http://www.coindesk.com/bitcoin-miner-canaan-raises-43-million-blockchain-ai-push/?utm_content=bufferfa99a&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Are they gonna be able to make 'asic miner' for Monero, Zcash, Ethereum and Ethereum Classic? Or are they targeting Dash and Litecoin only?