Wiki / Companies / Bitmain

Bitmain

From the Bitcoin Takeover Wiki · ✓ 5 sources · 1 podcast anchors · built 2026-11-13

The Beijing ASIC maker co-founded by Jihan Wu and Micree Zhan, operator of Antpool and BTC.com, and a major Bitcoin Cash backer.

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The wiki's angle: no company shows up in more fork-history documents. Bitmain's co-CEOs signed in Hong Kong, it was on the New York list, its pool mined the last common block before Bitcoin Cash, and it backed ABC in 2018.[2][3][4]

Company

Bitmain was founded in 2013 by Micree Zhan and Jihan Wu and is headquartered in Beijing[1]. Its first product, the Antminer S1, produced 180 gigahashes per second[1]. It also operates BTC.com and Antpool, historically two of the largest Bitcoin mining pools[1].

In the block size war

Both co-CEOs, Jihan Wu and Micree Zhan, signed the 2016 Hong Kong Roundtable statement[2]. Bitmain was a supporter of the 2017 New York Agreement and offered engineering support for its upgrades[3]. The last block shared by Bitcoin and Bitcoin Cash, 478,558, was mined by BTC.com[4].

Bitcoin Cash

Antpool sent 12% of the Bitcoin Cash it mined to irrecoverable addresses in an effort to support the price[1]. Bitmain sided with Bitcoin ABC, alongside Roger Ver, in the 2018 split[1]. In December 2018 it laid off about half of its 3,000 staff[1].

Heard on Bitcoin Takeover

Braiins' Kristian Csepcsar said on S17 E14 (March 2026): “It's very difficult to challenge the position of Bitmain.”[5]

References

  1. secondaryWikipedia, “Bitmain” [archived]
  2. primaryBitcoin Roundtable, “Bitcoin Roundtable Consensus”, Medium, 20 Feb 2016 (Wayback Machine copy)
  3. primaryDigital Currency Group, “Bitcoin Scaling Agreement at Consensus 2017”, Medium, 23 May 2017 (Wayback Machine copy)
  4. btkBitcoin Cash: The Big Block Breakaway (BTCTKVR: Forks!) [archived]
  5. episodeS17 E14: Kristian Csepcsar on Bitmain's market position▶ listen at 1:10:33timestamp transcript-derived, pending a listen [archived]

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Categories: Companies
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