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Bitmain Technologies designs and manufactures application-specific integrated circuit (ASIC) chips for cryptocurrency mining. Its AntMiner series provides high-performance hardware essential for securing blockchain networks. Bitmain also operates mining pools and offers hosting services, creating a comprehensive ecosystem for digital currency extraction. It optimizes silicon for peak hash rate efficiency.
Founded in Beijing in 2013 by Micree Zhan and Jihan Wu, Bitmain addressed the growing demand for specialized cryptocurrency mining hardware. Zhan, leveraging chip design expertise, provided engineering acumen; Wu, a former financial analyst, brought business insight. Their vision developed ASIC solutions, boosting Bitcoin mining efficiency and profitability over general computing.
Bitmain serves individual and institutional cryptocurrency miners globally, with a vision centered on advancing digital currency mining server technology and infrastructure leadership. The company innovates hardware and software, supporting the digital economy’s foundational elements and exploring high-performance computing applications, including AI.
Bitmain has raised $400.0M across 1 funding round.
Key people at Bitmain.
Bitmain was founded in 2013 by Jihan Wu (Co-founder, Chairman & CEO).
Bitmain has raised $400.0M in total across 1 funding round.
Bitmain Technologies designs and manufactures application-specific integrated circuit (ASIC) chips for cryptocurrency mining. Its AntMiner series provides high-performance hardware essential for securing blockchain networks. Bitmain also operates mining pools and offers hosting services, creating a comprehensive ecosystem for digital currency extraction. It optimizes silicon for peak hash rate efficiency.
Founded in Beijing in 2013 by Micree Zhan and Jihan Wu, Bitmain addressed the growing demand for specialized cryptocurrency mining hardware. Zhan, leveraging chip design expertise, provided engineering acumen; Wu, a former financial analyst, brought business insight. Their vision developed ASIC solutions, boosting Bitcoin mining efficiency and profitability over general computing.
Bitmain serves individual and institutional cryptocurrency miners globally, with a vision centered on advancing digital currency mining server technology and infrastructure leadership. The company innovates hardware and software, supporting the digital economy’s foundational elements and exploring high-performance computing applications, including AI.
Bitmain was founded in 2013 by Jihan Wu (Co-founder, Chairman & CEO).
Bitmain has raised $400.0M in total across 1 funding round.
Bitmain's investors include Coatue, GIC, Hongshan Capital Group (Sequoia Capital China), SoftBank, Tencent.
Key people at Bitmain.
Bitmain has raised $400.0M across 1 funding round. Most recently, it raised $400.0M Series B in August 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 10, 2018 | $400.0M Series B | Coatue, GIC, Hongshan Capital Group (Sequoia Capital China), SoftBank, Tencent |
