What happened to Bitmain yesterday?
To sum up, Ketuan Zhan is using extremely aggressive means to ask customers to stand in line and employees to stand in line.
According to reports from Shenchao and Block Rhythm, Ketuan Zhan asked the Shenzhen factory to detain the mining machines of paid miners. A miner who ordered the Antminer S19 mining machine said that the Antminer S19 series mining machine, which was originally scheduled to be shipped last Saturday, has not been shipped for a long time.
A suspected Bitmain employee on Maimai said, "The Shenzhen company has been notified that it can only carry out the orders of the legal representative. Two days ago, a truck was blocked from leaving the factory. There are no trucks coming these days."
Wu said that the blockchain has confirmed from multiple channels that the current Shenzhen shipments are indeed at a standstill. From an analysis point of view, if the two parties fail to negotiate and resolve this issue in a timely manner, resulting in delayed delivery of the miners’ paid futures, it may lead to very bad consequences. After all, if the miners receive the machine one day later, they will earn less money by one day, and the electricity bill of the mine may have to be paid accordingly. No one knows what will happen.
According to Coindesk, Igor Runets, CEO of BitRiver, one of the largest mining custodians in Russia, said that customers are dissatisfied with the long waiting time, partly due to internal problems, and many of his customers have switched to Bitmain’s main Competitor Whatsminer.
What is more pessimistic is that since Zhan controls the supply chain and Wu controls the finances, the delivery issue will remain deadlocked for a long time. This deadlock will not be untied until one party completely gains full power, such as Wu retaking the Beijing legal person, or Zhan winning in the Cayman court, or one party negotiates to withdraw.
In the afternoon, Ketuan Zhan dismissed the former HRD, deputy director of legal affairs and others again. (This time I finally remembered that the ID number was not disclosed) It can be expected that Ketuan Zhan will gradually dismiss those who "do not return".
In addition, Ketuan Zhan's threat was issued again in the afternoon, requiring employees to end telecommuting, and full salary will be paid only after 13 days in June.
Wu Jihan asked employees to work remotely at home after Bitmain's office was locked and controlled. Bitmain employees revealed that Jihan Wu said that the company would continue to implement teleworking in response to Ketuan Zhan's threat.
What happened to Bitmain yesterday?
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