Huge missed opportunity by AMD and Nvidia to create ASICs for miners. Bitmain makes more yearly revenue than both companies while being relatively new as manufacturers. With the experience and connections from the old guard, AMD/Nvidia could have been giants.
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Again without going into unproven details, imagine all the ways they could possibly exert power/influence/leverage at levels from b2b to key individuals, in order to effectively lock out competition.
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