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Author Topic: Bitmain co-founder in legal war against shareholders of the company  (Read 727 times)
btc_angela
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July 25, 2020, 10:55:18 AM
 #41

I haven't been following this dispute, but has it had any effects on miner shipping times? Could both of them actually produce ASICs separately, without working together?

Possible, but it will be the question on who has the intellectual property rights on ASICs per se. So I'm sure if Jihan produces his own, it will be another lawsuit coming his way from Micree. And this is really getting out of hand and turning into a shit-show and it could really bring the empire down and destroy it.

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July 25, 2020, 02:25:22 PM
 #42

I haven't been following this dispute, but has it had any effects on miner shipping times?

Yeah, some were lucky, some were not, delays are expected, not sure how much this will affect and for how long but it's clearly no smooth sailing.
Some very 'bad' news on s19 shipments
At this point is almost like playing the lottery if you deal with them, and your bet is on your product being in control of the part of the company that still works.

Could both of them actually produce ASICs separately, without working together?

No idea about this, and probably only insiders familiar with the logistic chain and with current knowledge of the financial situation would be able to answer, add on top of this the habit of Jihan to split everything into tens of companies is likely these guys are very few in numbers.

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July 25, 2020, 10:01:05 PM
 #43

I haven't been following this dispute, but has it had any effects on miner shipping times?

Yeah, some were lucky, some were not, delays are expected, not sure how much this will affect and for how long but it's clearly no smooth sailing.
Some very 'bad' news on s19 shipments
At this point is almost like playing the lottery if you deal with them, and your bet is on your product being in control of the part of the company that still works.

Could both of them actually produce ASICs separately, without working together?

No idea about this, and probably only insiders familiar with the logistic chain and with current knowledge of the financial situation would be able to answer, add on top of this the habit of Jihan to split everything into tens of companies is likely these guys are very few in numbers.

I think it's possible that either one of them can produce their own version of it. Remember Zuoxing Yang?  Who left Bitmain and founded his own company MicroBT, then sued by Jihan for patent infringement but eventually lost because the court rules that the design is widely used, thus revoking Bitmain's patent for that.

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July 27, 2020, 05:44:56 PM
 #44

Nah?

https://coingeek.com/bitmain-drama-continues-did-jihan-wu-steal-from-micree-zhan/

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