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.
+376 points in the past 30 days
About BITMAIN
BITMAIN is a manufacturer in the digital currency mining industry, associated with its ANTMINER brand. The company produces digital currency mining servers and offers technologies for hashrate infrastructure. Its products serve the blockchain and cryptocurrency sectors. It was founded in 2013 and is based in Beijing, China.
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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
1,309 items
Blockchain
8,887 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
7,494 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 55 patents.
The 3 most popular patent topics include:
- printed circuit board manufacturing
- electronics manufacturing
- chip carriers
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
5/21/2021 | 3/25/2025 | Electronics manufacturing, Printed circuit board manufacturing, Semiconductor device fabrication, Computer hardware cooling, Chip carriers | Grant |
Application Date | 5/21/2021 |
|---|---|
Grant Date | 3/25/2025 |
Title | |
Related Topics | Electronics manufacturing, Printed circuit board manufacturing, Semiconductor device fabrication, Computer hardware cooling, Chip carriers |
Status | Grant |
Latest BITMAIN News
Nov 15, 2025
With electricity costing $0.06 per kWh, even those miners who use efficient mining machines (27.5 watts per terahash) are barely breaking even at around $97,000 per Bitcoin. Machines that are less efficient or have higher electricity costs are already be losing money. Which miners are still profitable? The data provided by F2Pool shows a dramatic difference in profitability based on a miner's efficiency. The most efficient hardware, such as the Antminer S21 XP Hyd. (12.0 W/T), has an electricity cost rate of only 43% of the current BTC price. This means it only needs Bitcoin to be at $41,585 to break even on electricity. This elite tier of hardware remains highly profitable at the current price level. The other high-efficiency S21 models are close behind: all of them would manage to remain profitable with the Bitcoin price under $60,000. In stark contrast, many older and less efficient machines are currently unprofitable. For example, the Whatsminer M53 needs the price to be $100,694, and the Antminer S19 requires $118,641. The least efficient hardware on the list, the CopyMiner C7, needs an unsustainable price of $130,909 just to cover its electricity. Bitcoin is currently changing hands at $95,290 following an enormous price plunge. Source: https://u.today/bitcoin-miners-approaching-breakeven-point-amid-price-drop
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, EDBI, Crimson Ventures, Jumbo Sheen Group, Gortane Avatar Investments and 12 more.
Who are BITMAIN's competitors?
Competitors of BITMAIN include Argo Blockchain, Desiweminer, MAR Mining, XDLK Microsystem, Bitcore and 7 more.
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Compare BITMAIN to Competitors
Bitcore focuses on cryptocurrency mining solutions within the financial technology sector. It offers application-specific integrated circuit (ASIC) miner sales and hosting services to facilitate cryptocurrency mining for its clients. The company primarily serves clients globally who are interested in cryptocurrency mining. It was founded in 2021 and is based in New York, New York.
Wattum operates as a provider of Bitcoin mining equipment and services in the cryptocurrency mining industry. The company offers products including mining facility hosting, and management services for crypto mining operations. Wattum supplies new and used mining equipment and offers consulting services. It was founded in 2019 and is based in Miami, Florida.
D-Central is a company that provides solutions for the Bitcoin mining sector. They offer services including mining consulting, hardware sales, hosting, repairs, and educational resources. Their products and services cater to home miners and larger operations. It was founded in 2016 and is based in Laval, Quebec.
MAR Mining specializes in providing cloud mining services within the cryptocurrency sector. The company offers a platform for users to engage in the mining of various cryptocurrencies, including BTC, ETH, and LTC, simply and conveniently without the need for personal mining hardware. MAR Mining caters to individuals and businesses looking to earn passive income through cryptocurrency mining and investment. It was founded in 2018 and is based in London, United Kingdom.
Blockware Solutions is involved in Bitcoin mining and blockchain research within the cryptocurrency industry. The company provides services like the sale of mining rigs and colocation for mining hardware, as well as operating a Bitcoin mining pool. Additionally, Blockware Solutions conducts industry research and offers educational resources to clients. It was founded in 2017 and is based in Chicago, Illinois.
MicroBT focuses on the design and production of cryptocurrency mining hardware within the technology sector. The company offers miners under the WhatsMiner brand, which emphasizes computing power and energy use. MicroBT's products are used in the cryptocurrency mining industry, addressing needs for mining efficiency and power consumption. It was founded in 2016 and is based in Shenzhen, China.
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