MicroBT, has managed to increase its market share while industry leader Bitmain struggles with supply chain setbacks and internal strife.
Although Bitmain has long been recognized as the number one hardware supplier, MicroBT’s Whatsminer series has risen in popularity for ASIC miners.
Yang Zuoxing, founder and CEO of MicroBT, has been arrested and charged with embezzling nearly $15,000.
The new Whatsminer M30S claims some of the highest hash rates on the market with relatively comparable energy consumption rates.
Shenzhen police have arrested Zuoxing Yang, founder and CEO of crypto miner manufacturer MicroBT, according to news outlet.