Bitmain is a manufacturer of Bitcoin mining hardware and other related services. It is world's most power-efficient bitcoin miner. World's best ROI for any bitcoin miner.
Bitmain transforms computing by building industry-defining technology in cryptocurrency, blockchain, and artificial intelligence (AI).
Bitmain was founded in 2013 by Wu Jihan, Micree Zhan & Yingfei Li. The company is headquartered in Beijing and has offices in San Francisco, Tel Aviv, Hong Kong, Chengdu and Shenzhen.
Bitmain supports a wide array of blockchain platforms and startups, and actively participates in industry and community development. And a leader in the still-nascent, high-growth blockchain technology ecosystem.
Bitmain launched its first AI deep learning chip in 2017 under the Sophon brand, followed by a second-generation AI chip with five times the performance. These AI chip products extend capabilities in applications such as machine vision, data centers, supercomputing and robotics.
Bitmain also operates the world’s largest and second largest Bitcoin mining pools in terms of computing power, BTC.com and Antpool.
Bitmain is backed by leading investors including Temasek Holdings, Sequoia Capital China, Crimson Ventures, Sinovation Ventures and many others. The company has acquired BlockTrail in Jul 20, 2016 for an undisclosed amount. Bitmain has also made over 20 investmentments totalling over $500M to date.
Bitmain was valued at a gigantic $15B in a pre-Initial Public Offering (IPO), as of Aug 2018.