January 27, 2022

Bitmain employees stole 10 thousand ASICs from Mongolian mining farm

Bitmain employees stole 10 thousand ASICs from Mongolian mining farm

Bitmain has accused former employees of illegally moving 10,000 Antminer ASICs belonging to a mining farm in Mongolia.

According to the official announcement, mid-Julythe employees seized the S17, T17 and S9 series bitcoin mining equipment. Economic losses from theft were incurred not only by the company, but also by the customers, since some of the appropriated devices were bought out and only served on the farm, but in fact no longer belonged to the manufacturer.

Bitmain reported the incident to the police and other law enforcement agencies.

The founder of the company Mikri Ketuan Zhang in the Weibo microblog accused his former partner and founder Jihan Wu of involvement in the movement of equipment.

It seems that the power struggle at Bitmain that began last year not only continues to gain momentum, but is beginning to negatively affect the image of the Chinese giant.

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