Jihan Wu

Bit Digital, Inc. completed the purchase of 4,871 bitcoin miners with total hash rate of over 324 Ph/s in the first quarter of 2021

Retrieved on: 
Tuesday, April 6, 2021
Cryptocurrencies, Payment systems, Bitcoin, Digital currencies, Cryptography, Currency, Bitmain, Hardware acceleration, Cryptographic hash function, Jihan Wu

NEW YORK, April 6, 2021 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a bitcoin mining company headquartered in New York, announced that the Company had completed the purchase of 4,871 bitcoin miners representing a total hash rate of around 324 Ph/s in the first quarter of 2021.

Key Points: 
  • NEW YORK, April 6, 2021 /PRNewswire/ --Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a bitcoin mining company headquartered in New York, announced that the Company had completed the purchase of 4,871 bitcoin miners representing a total hash rate of around 324 Ph/s in the first quarter of 2021.
  • The purchase will increase the Company's total hash rate from 2,250 Ph/s to 2,574 Ph/s, furthering its lead as one of the highest operating bitcoin mining computing power (or hash rate) among all listed bitcoin miners.
  • The 4,871 newly purchased miners are primarily composed of Bitmain S17+, Bitmain S17 and Bitmain S19Pro miners, all of which provide high hash rates and high energy efficiency.
  • We expect to continue to invest in miners to increase our overall hash rate capacity in the near future."

BOTS INC NOW OFFERS BITCOIN MINING RIG REPAIRS AND REMOTE DIAGNOSTIC SERVICES TO SERVICE MOSTLY UNTAPPED MARKET IN THE USA

Retrieved on: 
Monday, March 15, 2021
Cryptocurrencies, Payment systems, Blockchains, Cryptography, Bitcoin, Bitmain, Hardware acceleration, Concurrent computing, Ethereum, Jihan Wu

Estimated wait times for new mining equipment are at least six months, with leading manufacturers like Bitmain sold out until September 2021.

Key Points: 
  • Estimated wait times for new mining equipment are at least six months, with leading manufacturers like Bitmain sold out until September 2021.
  • BOTS Internal research indicates that demand for refurbished cryptocurrency mining electronic equipment in emerging nations is also a major driver augmenting the market.
  • There are millions of Bitcoin and Ethereum mining rigs deployed in the USA.
  • Bitmain customers report high failure rates occurring on leading Bitcoin mining hardware which are experiencing a 20 to 30% failure rate.

Code Chain New Continent Announces Purchase Agreement to Buy $10 Million Worth of Bitcoin Mining Machines

Retrieved on: 
Monday, March 8, 2021
Cryptocurrencies, Payment systems, Cryptography, Bitmain, Hardware acceleration, Bitcoin, Digital currencies, Computer engineering, Jihan Wu

NEW YORK, March 8, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company" or "Code Chain" or "We") (NASDAQ: CCNC), a leading eco-technology company, today announced that the execution of a purchase agreement (the "Agreement") with Bitmain Technologies Limited ("Bitmain").

Key Points: 
  • NEW YORK, March 8, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company" or "Code Chain" or "We") (NASDAQ: CCNC), a leading eco-technology company, today announced that the execution of a purchase agreement (the "Agreement") with Bitmain Technologies Limited ("Bitmain").
  • Per the Agreement, Code Chain will purchase 2,000 Antminer S19j (90 TH/s) from Bitmain for $10,034,000.00, which are expected to be delivered by October 31, 2021.
  • The company engages in application-specific integrated circuit chips for bitcoin mining, high-density server equipment, and large-scale parallel computing software.
  • David (Weidong) Feng, Co-CEO of Code Chain, commented, "Given this equipment purchase agreement with the leading mining operator, Code Chain is well-positioned to achieve rapid growth in our cryptocurrency mining business.

Bitdeer Group Established by Jihan Wu Announces New Business Venture

Retrieved on: 
Thursday, March 4, 2021
Bitmain, Hardware acceleration, Cloud infrastructure, Jihan Wu, Cloud computing, Jihan, Computer engineering, Computing, Technology

The Bitdeer Group has made official announcements regarding its upcoming business development roadmap with a smart mining service provider, among others.

Key Points: 
  • The Bitdeer Group has made official announcements regarding its upcoming business development roadmap with a smart mining service provider, among others.
  • BitDeer.com, the all-inclusive mining and cloud service platform, will officially be one of the companies under the Bitdeer Group, which is founded by Jihan Wu , the co-founder of Bitmain.
  • As the chairman of Bitdeer Group, Jihan Wu stated that the group is committed to providing digital asset mining services to global mining investors.
  • The Bitdeer Group includes the leading mining and cloud service platformBitDeer.com, as well as smart mining service provider Mining++.

The Russian Version of Matrixport Is Already to Make a Heavy Push Into Russian Market

Retrieved on: 
Wednesday, March 4, 2020
Countries, Continents, World, Bitmain, Hardware acceleration, Jihan Wu, Russia

SINGAPORE, March 4, 2020 /PRNewswire/ -- Recently, the one-stop digital asset financial service platform, Matrixport , has officially launched its Russian version of the official website and mobile app.

Key Points: 
  • SINGAPORE, March 4, 2020 /PRNewswire/ -- Recently, the one-stop digital asset financial service platform, Matrixport , has officially launched its Russian version of the official website and mobile app.
  • Meanwhile, Matrixport hired the first Russian representative to fully explore the Russian digital asset market.
  • Matrixport was founded in February 2019, and it is invested by Wu Jihan, the Chairman and CEO of Bitmain.
  • Opening up the Russian market this time is an exploratory attempt of Matrixport business in addition to English and Chinese regions, and also a key step to open up a new situation for Matrixport industry.

Matrixport is Gaining Traction in Russian Market

Retrieved on: 
Wednesday, March 4, 2020
Economy, Loans, Finance, Money, Bitmain, Hardware acceleration, Jihan Wu, Asia Pulp & Paper

SINGAPORE, March 4, 2020 /PRNewswire/ --The one-stop digital asset financial service platform, Matrixport , has officially launched their localized Russian website and mobile app.

Key Points: 
  • SINGAPORE, March 4, 2020 /PRNewswire/ --The one-stop digital asset financial service platform, Matrixport , has officially launched their localized Russian website and mobile app.
  • In addition, Matrixport has expanded their efforts in the area by hiring Russian representatives to fully explore the Russian digital asset market.
  • Matrixport was founded in February 2019, and received investment by Jihan Wu, Chairman and CEO of Bitmain.
  • Matrixport not only provides general pledge lending services to the market, but also can obtain zero-interest loans through pledged BTC.

Bitmain announces two new Antminer 17 series miners at World Digital Mining Summit

Retrieved on: 
Wednesday, October 9, 2019
Bitmain, Hardware acceleration, Financial technology, Articles, Jihan Wu, Cryptocurrency, Mining, Economy, Contents

FRANKFURT, Oct. 9, 2019 /PRNewswire/ -- Jihan Wu, Co-founder of Bitmain , announced two cryptocurrency mining models - S17+ and T17+ - from the Antminer 17 series at the World Digital Mining Summit (WDMS) in Frankfurt today.

Key Points: 
  • FRANKFURT, Oct. 9, 2019 /PRNewswire/ -- Jihan Wu, Co-founder of Bitmain , announced two cryptocurrency mining models - S17+ and T17+ - from the Antminer 17 series at the World Digital Mining Summit (WDMS) in Frankfurt today.
  • Bitmain leads the industry in the production of integrated circuits for cryptocurrency mining, as well as mining hardware under the Antminer brand.
  • World Digital Mining Summit (WDMS) is the largest digital mining event of the year.
  • This global mining summit showcased the leading minds and decision makers, which drove and pushed the crypto mining industry into the future.

Bitmain announces two new Antminer 17 series miners at World Digital Mining Summit

Retrieved on: 
Wednesday, October 9, 2019
Bitmain, Hardware acceleration, Financial technology, Articles, Jihan Wu, Cryptocurrency, Mining, Economy, Contents

FRANKFURT, Oct. 9, 2019 /PRNewswire/ -- Jihan Wu, Co-founder of Bitmain , announced two cryptocurrency mining models - S17+ and T17+ - from the Antminer 17 series at the World Digital Mining Summit (WDMS) in Frankfurt today.

Key Points: 
  • FRANKFURT, Oct. 9, 2019 /PRNewswire/ -- Jihan Wu, Co-founder of Bitmain , announced two cryptocurrency mining models - S17+ and T17+ - from the Antminer 17 series at the World Digital Mining Summit (WDMS) in Frankfurt today.
  • Bitmain leads the industry in the production of integrated circuits for cryptocurrency mining, as well as mining hardware under the Antminer brand.
  • World Digital Mining Summit (WDMS) is the largest digital mining event of the year.
  • This global mining summit showcased the leading minds and decision makers, which drove and pushed the crypto mining industry into the future.