Exits, Resolving Years-long ... - Bitmain Co-founder

: Zhan resumed control of Bitmain’s core manufacturing and China-based operations.

The years-long power struggle at Bitmain, the world’s largest Bitcoin mining hardware manufacturer, was officially resolved in . The conflict between co-founders Jihan Wu and Micree Zhan , which involved multiple lawsuits and even physical confrontations at government offices, ended with a $600 million settlement and a formal corporate split. Key Settlement Details (January 2021) Bitmain Co-Founder Exits, Resolving Years-Long ...

: Exited to lead the newly independent spinoffs: : Zhan resumed control of Bitmain’s core manufacturing

: Retained the hardware manufacturing business and the Antpool mining pool. Bitmain Co-Founder Exits, Resolving Years-Long ...