Crypto Startup Fabric Systems Raises $13M Seed Round to Provide Blockchain Hardware

However, bitcoin mining chip making is no easy task as the market is mostly controlled by large manufacturers like Bitmain and MicroBT. While there have been many false promises of competition, there have been some recent successes. Intel, for instance, has entered the bitcoin mining market, to help provide miners with more efficient and ESG friendly mining chips to compete with the incumbents.