Former Bitmain Hardware Designer and Founder of Rival MicroBT Accused of Embezzlement in China

December 17, 2019 @ 1:22 am By Cali Haan |

Chinese authorities have arrested Yang Zuoxing, an electronics engineer who reputedly designed several of Bitmain’s most popular “Antmine” cryptomining rigs in 2016 before he left and started a rival firm called MicroBT. Since then, Coindesk reports, MicroBT, based in Shenzhen, has reportedly captured about 40% market… Read More

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Read more in: Asia, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged bitcoin, bitmain, china, microbt, yang zuoxing