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Jihan Wu

CEO

BITMAIN

POSITION

CEO

COMPANY

BITMAIN

Website

BITMAIN

SCENE

Technology

SOCIAL

LinkedIn

Twitter

What makes Jihan Wu a Global Shaker?

Referred to as “the undisputed king of cryptocurrency mining hardware and crypto mining pools” by Fortune magazine, Jihan Wu, co-founder of BITMAIN, is one of China’s crypto billionaires.

Before moving into the world of cryptocurrency, Jihan was a private equity fund manager at China Grand Prosperity Investment. He is one of the most influential people within the Bitcoin community and is a strong supporter for Bitcoin Unlimited, which has been viewed as a solution to Bitcoin’s scalability issues. At the moment, each Bitcoin block has a limited storage capacity of 1MB, which it has had since their creation. Bitcoin Unlimited argues that the size should be increased due to congestion issues.

BITMAIN, the company Jihan co-founded with Micree Zhan, is a private company that mines Bitcoins and designs ASIC chips. The company may be most famous for operating Antpool, one of the largest Bitcoin mining tools. It has been reported by Bloomberg that BITMAIN is responsible for 15 percent of all blockchain activity. In January 2019, he stepped down as the CEO of the company.

In 2017, Coindesk deemed him to be one of the top 10 most influential figures in the blockchain world. He was listed in Fortune’s The Ledger 40 Under 40 in 2018.

 

Last updated: April 12, 2019