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Bitmain Technology Holding Company (“Bitmain”) is a semiconductor which offers products, including chips, servers, and cloud solutions, for blockchain and artificial intelligence (AI) applications.
PRODUCTS & SERVICES
The products offering of the company include - 1. Antminer - It is a powerful miner which has a hash rate of 12.93TH/s -+ 7% and can generate 0.5 Bitcoins every month. 2. Antpool - It is a mining pool based in China are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power. While mining pools are desirable to the average miner as they smooth out rewards and make them more predictable, they unfortunately concentrate power to the mining pool’s owner. 3. BTC.com - It provides an easy to use and popular block explorer, mining pool, secure mobile and web wallet Android Wallet iOS Wallet which allows
The company earns by charging fixed fee which is $0.5. The fee differs depending on the region.
The company provides its solutions for retail customers
gaming zones and sports betting clubs
vending machine operators
VALUATION / MARKET CAP:
$15 B in 2018
DATE OF LAST FUNDING
SERIES A · $50 M · Sep 2017
SERIES B · $400 M · Jun 2018
SERIES C · $1 B · Aug 2018
As per the source, the company is planning applying for the IPO through the Hong-Kong Stock Exchange in the month of September 2018.
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