Bitmain will spin Antpool into a separate business – Bits Media

Largest ASIC miner manufacturer Bitmain owns largest mining pool Antpool. However, the pool will now become a separate company..

The plan to split the business was adopted back in January, when Bitmain founders Jihan Wu (Jihan Wu) and Mikri Zhang (Micree Zhan) still fought for power. 26 July, an interim meeting of shareholders was held, during which the results of the separation of Antpool into a separate company were summed up.

“All legal issues have been settled by 1 May. At the moment, some issues are being resolved and the process will be completed in the near future.. Antpool will manage the pool from overseas, as soon as the transfer is completed and the support of new shareholders is received ", - noted in a statement by Bitmain.

Previously, Jihan Wu said, that Mikri Zhang will lead the new company. Besides, the separation of the mining pool into a separate business will allow the Bitmain management to focus on the main thing - the development and production of ASIC miners.

At the same time, Bitmain is not going to give up its mining business.. Recently, a Chinese manufacturer entered into an agreement with a Kazakhstan hosting provider Enegix to host ASIC miners..