BITMAIN
Founded Year
2013Stage
Series B | AliveTotal Raised
$450MValuation
$0000Last Raised
$400M | 7 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-55 points in the past 30 days
About BITMAIN
BITMAIN manufactures the digital currency mining sector, specializing in mining servers. The company offers technology power efficiency and provides computational infrastructure solutions to the global blockchain network. It primarily serves the cryptocurrency mining industry. It was founded in 2013 and is based in Beijing, China.
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Research containing BITMAIN
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned BITMAIN in 1 CB Insights research brief, most recently on Aug 17, 2022.
Expert Collections containing BITMAIN
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BITMAIN is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,258 items
Blockchain
8,293 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Blockchain 50
50 items
Semiconductors, Chips, and Advanced Electronics
7,286 items
Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more
BITMAIN Patents
BITMAIN has filed 45 patents.
The 3 most popular patent topics include:
- integrated circuits
- computer hardware cooling
- chip carriers
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/31/2019 | 10/29/2024 | Printed circuit board manufacturing, Computer hardware cooling, Electronics manufacturing, Chip carriers, Cooling technology | Grant |
Application Date | 10/31/2019 |
|---|---|
Grant Date | 10/29/2024 |
Title | |
Related Topics | Printed circuit board manufacturing, Computer hardware cooling, Electronics manufacturing, Chip carriers, Cooling technology |
Status | Grant |
Latest BITMAIN News
Jan 17, 2025
Singapore's BitFuFu inks deal to acquire majority stake in bitcoin mining facility in Oklahoma BitFuFu Inc. , a Singapore-based bitcoin mining firm, announced Thursday that it has signed a letter of intent to acquire a majority stake in a 51-megawatt (MW) bitcoin mining facility in the State of Oklahoma, United States. BitFuFu said in a statement that strategically located in an unpopulated area, the facility has completed construction of its power and mining infrastructure. It boasts a reliable power supply of 51 MW from the grid at a competitive average cost of approximately 3 cents per kilowatt-hour. Operating air-cooled Bitcoin miners, the facility has consistently delivered high levels of hash rate efficiency. “This acquisition would represent a pivotal step in advancing our North American expansion strategy and 1GW global power capacity build-up plan, “By securing access to long-term, low-cost, and reliable power, we are not only enhancing our operational efficiency but also reinforcing our position as a leader in bitcoin mining,” said Leo Lu, Chairman and Chief Executive Officer of BitFuFu. “Our ability to identify and capitalize on strategic opportunities is a testament to the scale of our global hash rate network and the insights into mining operations, “This transaction underscores our unwavering commitment to delivering sustainable, long-term value to our shareholders while fostering strategic partnerships within the industry,” he added. The transaction, expected to close in the first half of 2025 if consummated, is structured as a majority equity acquisition. The proposed transaction is subject to a definitive agreement to be negotiated between the parties, conditioned upon further financial and legal due diligence, as well as other customary closing conditions. There is no assurance that any transaction will be concluded. BitFuFu is a global firm in bitcoin mining and comprehensive mining services, providing customers with one-stop solutions including cloud-mining. The firm received early investment from BITMAIN, a global digital asset mining hardware manufacturer, and remains BITMAIN’s strategic partner in the bitcoin mining and mining services space. BitFuFu aims to fostering a secure, compliant, and transparent blockchain infrastructure, providing a variety of stable and intelligent digital asset mining solutions to a global customer base. Leveraging its expanding global mining facility network and strategic partnership with BITMAIN, BitFuFu enables institutional customers and digital asset enthusiasts to mine digital assets efficiently.
BITMAIN Frequently Asked Questions (FAQ)
When was BITMAIN founded?
BITMAIN was founded in 2013.
Where is BITMAIN's headquarters?
BITMAIN's headquarters is located at Baosheng South Road, Haidian District, Beijing.
What is BITMAIN's latest funding round?
BITMAIN's latest funding round is Series B.
How much did BITMAIN raise?
BITMAIN raised a total of $450M.
Who are the investors of BITMAIN?
Investors of BITMAIN include HongShan, Noris Capital, Palace Investments, Crimson Ventures, CAS Investment Management and 9 more.
Who are BITMAIN's competitors?
Competitors of BITMAIN include Blaize, Tenstorrent, Horizon Robotics, Groq, Graphcore and 7 more.
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