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WebApr 11, 2024 · In September 2024, Bitmain founder Jihan Wu set up a $250 million fund to support the mining industry affected by the prolonged cryptocurrency winter. After leaving Bitmain in 2024, Wu founded Bitdeer, a new crypto mining firm and a spin-off of Bitmain. Magazine: Asia Express: US and China try to crush Binance, SBF’s $40M bribe claim It was founded by Micree Zhan and Jihan Wu in 2013. Prior to founding Bitmain, Zhan was running DivaIP, a startup that allowed users to stream television to a computer screen via a set-top box, and Wu was a financial analyst and private equity fund manager. By 2024 it had become the world's largest designer of application-specific integrated circuit (ASIC) chips for bitcoin mining. The company also operates BTC.com and Antpool, historically two of th… WebDec 11, 2024 · 3. Notable Mining Hardware Companies Bitmain Technologies. The most well-known mining hardware manufacturer around, Bitmain was founded in 2013 in China and today has offices in several countries around the world. The company developed the Antminer, a series of ASIC miners dedicated to mining cryptocurrencies such as Bitcoin, … north kansas city youth soccer