About Bitmain
Bitmain designs and sells the machines used to mine bitcoin, sold under the Antminer brand. These rely on ASICs, which are chips built for one task, here the hashing calculation that secures the bitcoin network, so they do that single job more efficiently than general-purpose processors. It also operates mining pools and hosting services. Bitmain was founded in 2013 by Micree Zhan and Jihan Wu, is privately held and is headquartered in Beijing. By 2018 it was the largest designer of bitcoin mining chips. Its subsidiary Sophgo makes AI chips.
Bitmain was founded in 2013 and is based in Beijing, China. It is listed under ASICs.
Compute Technologies
- ASICs
What Bitmain works on
ASICs
An ASIC, or application-specific integrated circuit, is a chip designed to do one job or a narrow set of jobs. Its circuits are fixed when the chip is made. A CPU can run any program; an ASIC does what it was designed for and nothing else.
Also in China
SiEngine Technology, RoboSense, Momenta, Sunway, Actions Semiconductor
