Largest producer of miners became interested in the market of artificial intelligence

The Chinese company Bitmain Technologies, the largest manufacturer of ASIC-miners for bitcoins and other cryptocurrencies, considers the release of devices for the artificial intelligence industry as an alternative source of income, fearing further strengthening of control over the sphere of cryptocurrency in China, Bloomberg reports. The head of Bitmain, supplying the miners with the necessary equipment and chips, Cihan Wu does not exclude that, following the ban on ICO and the work of cryptocurrency exchanges, the Chinese authorities can seriously restrict the work of the mining companies. In his estimation, sales of chips for artificial intelligence in 5 years can make up to 40% of operating profit of Bitmain Technologies.

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