Bitmain

blockchainexchanges/trading platform

FOUNDING YEAR: 2013
LOCATION: China
Last Update: 01/05/2020

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About

We produce cutting-edge ASIC chips, we're behind @Antminer_main, @AntPoolofficial, @btccom_official, @BitDeerOfficial, @SophonAI & we do more.

MEDICI Analysis

Bitmain Technology Holding Company (“Bitmain”) is a semiconductor which offers products, including chips, servers, and cloud solutions, for blockchain and artificial intelligence (AI) applications.

Focus

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

REVENUE MODEL

The company earns by charging fixed fee which is $0.5. The fee differs depending on the region.

MAIN CLIENTS

The company provides its solutions for retail customers

merchants

charity institutions

gaming zones and sports betting clubs

vending machine operators

etc.

Traction

VALUATION / MARKET CAP:

$15 B in 2018

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