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Ebang eyes 400000 units of crypto miners for 2019 amid market woes

Ebang eyes 400,000 units of crypto miners for 2019 amid market woes

Chinese cryptocurrency mining hardware firm Ebang has said it is planning for upscaled production in 2019, after projecting growing demand for the firm’s Bitcoin mining machines, according to local news ports. The news comes despite dire market conditions for mining hardware manufacturers, with the third quarter of 2018 in particular reflecting heavy losses across the industry’s major players.