Co-founder of Bitmain is charged with monitoring the next generation of Bitcoin mining shipments


On June 11, 2020, regional reports revealed that Bitmain's co-founder, Micree Zhan, was still fighting Jihan Wu in an ongoing feud. The quarrel was alleged to cause shipping problems for customers, as the reports noted that Zhan was banning deliveries originating from the Shenzhen company's factory.

Bitmain co-founder Micree Zhan was charged with causing the delay in drilling operation stemming from the Shenzhen Firm's factory.
An account from financial expert, Vincent He, explained that the two co-founders of Bitmain continue to feud with the company's operations. The report from China stressed that internal issues of Bitmain, may be delaying drilling for some customers. The report explained that Bitmain offered a coupon when the delay occurred, but some buyers were disappointed.

During the last week of May, news.Bitcoin.com reported on how regional sources revealed that Micree Zhan was accused of being ousted. It is said that the co-founder was threatened with litigation if he interfered with the company's operations and was warned twice not to interfere with employees.

Following the move, new evidence showed that Zhan took control of the official media account on June 10. The report also stated that a new HR HR representative had been appointed by Micree Zhan.

Since Micree Zhan gave an open letter, one-third of employees have now returned to answer Micree's calls, mostly employees of AI businesses [artificial intelligence], Vincent Vincent wrote. . By obstructing the delivery of new miners, it was [a] counter [of] Micree Zhan against the mining sales departments led by Jihan Wu. So far, the bargaining chips in Micree's hands are Beijing's official Bitmian business license, seal and media account.

SHA256 Hashrates remains high, while four of the world's top five mining rigs, Bitmain, are producing Antminers.
Recent issues following Bitmain's Antminer T19 release handled at about 84 terahash per second (TH / s). At $ 0.04 per kilowatt hour (kWh), T19 is the fourth largest mining company in the world among the top five candidates.

In fact, Antminers represents four of the top five mining rigs, leaving only Microbtu with Whatsminer M3OS (86TH / s). M3OS earns more than $ 5 per day in BTC, while Antminer T19 also earns around $ 5 per day at $ 0.04 per kWh at today's BTC exchange rate.

T19 is one of the newer models that could be affected by delayed shipments. Vincent He discussed the situation with Shi Pu, a bitcoin miner and Bitmain buyer, who said he was currently angry and angry. According to statistics, the BTC network's hashrate (SHA256) is holding at 107 exahash per second and delayed shipments seem to be affecting the current performance.

Co-founder of Bitmain is charged with monitoring the next generation of Bitcoin mining shipments
Co-founders of Bitmain Micree Zhan (left) and Jihan Wu (right).

The Bitcoin Cash hashing rate (BCH - SHA256) has increased since May 8, 2020, from 1.4EH / s to today 2.6EH / s. Similarly, the Bitcoin SV hash function (BSV - SHA256) has increased from April 15, 2020, from 1.4EH / s to 2.23EH / s today.

In terms of the SHA256 overall hashrate, the mining operation does not experience any hashrate decline if there is any shipment delay. The Antminer S17 was released in December and the Antminer S19 was released in May, seemingly being shipped to destinations although the Covid-19 delay affected all manufacturers and mining customers. Chinese rig.

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