The agreement will add 800 petahash to Foundry USA mining pool's computing power, the companies said in a joint statement.
The mining equipment maker said total shipments for the second quarter would either maintain or surpass Q1 2021.
Linzhi’s “Phoenix” Ethereum ASIC miner is three times more powerful than other machines on the market, as well as more energy efficient.
The Bitmain co-founder says ASIC miners are making blockchains more decentralized and ethereum's ProgPow proposal could still be "ASICable."