Bitcoin can be said to be a money-free startup. The mining chip company, founded in 2013, is considered by the outside world to account for more than 70% of the mining-specific chip market and control more than 50% of the Bitcoin world. It has become the world's largest provider of bitcoin chips and mining solutions, and has a complete bitcoin mining supply chain. As the instability of the bitcoin market is gradually exposed, Bitcoin is also moving to an AI chip. The company's transformation. In November 2017, Bitco's ASIC-based artificial intelligence chip SOPHON (Calculation) was officially announced. In March of this year, Bitcoin also released a second-generation AI chip BM1682, with a process of 28nm and a computing power of 3TFlops. With a power consumption of 30W, it can be separated from the X86 CPU and support the customer's secondary development. However, 'mining' is still its main business, and recently released the Etheme mining machine F3 and Monroe mining machine X3. 2017 The annual revenue of Bittland is US$2.5 billion, which is more than 8 times of 2016 revenue; 2017 net profit is 15 times of 2016 net profit; the first quarter of 2018 is close to the 2017 full year data.
Caixin.com also revealed that Bitland is undergoing pre-IPO financing, which will be handed over to the Hong Kong Stock Exchange in September this year. It will be officially listed before the end of the year. The market value of the listing can reach up to US$40 billion. Therefore, it is speculated that this round of financing should be more Most of them are due to the consideration of increasing the valuation before the IPO.