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Bitmain In More Difficulty As All Antminer Deliveries Delayed By 3 Months


Troubled Bitcoin mining firm Bitmain has run into more difficulty as shipments of its Antminer ASICs mining rigs has been delayed by three months.


The announcement on Bitmain’s official WeChat account said the customers who were expecting delivery in June and July will have to wait until September and October.


Bitmain laid blame for the delay on ‘external interference over the company’s management.’ Which is being attributed to the internal fight between co-founders Jihan Wu and Micree Zhan Ketuan.


The two founders are known to be at loggerheads with each other as they each try and seize control away from the other.


Bitmain In an Absolute Mess


It’s even more embarrassing and amateurish display of incompetence from the world’s biggest mining manufacturer, who are seemingly never far away from ridicule.


Only last month co-founder Micree Zhan, armed with an entourage of heavies, forcefully took control back of Bitmain and coerced employees by paying them bonuses to do as he demanded and halt deliveries of all Bitmain ASICs mining rigs.


And the coup by Micree Zhan has led Wu to take legal action, albeit after Micree Zhan took out legal action against Wu and Bitmain’s parent company in the Cayman Islands.

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