jihan wu

 

Jihan Wu, one of Bitmain's co-founders, is often regarded as the "godfather" of cryptocurrency mining. His net worth is reported to be more than $2 billion, and he is a regular speaker at crypto conferences all around the world. Finally, Jihan graduated from Peking University with a bachelor's degree in economics. He was born in 1986 in Chongqing, China. After moving on from Chongqing Nankai Secondary School, he entered Peking University, where he procured double degrees in financial matters and brain research in 2009. 

 

After school, Wu served as a monetary expert for a private value firm. In May 2011, he found bitcoin and raised 100,000 yuan from loved ones to buy 900 bitcoins. He and individual bitcoin devotee Chang Jia established Babite China's first bitcoin local area site. In late 2011, he was quick to interpret Satoshi Nakamoto's bitcoin white paper into Chinese.

 

In 2012, he put resources into the bitcoin mining organization ASICMINER, one of the principal organizations that delivered ASIC that is utilized to mine Bitcoin overall which was helped to establish by Fried. Albeit at first effective with more than multiple times of speculation return given to its investors, Friedcat later ran into specialized troubles and left the business. He additionally lost his venture buying equipment from another mining equipment organization, Cannon Creative.

 

In Hurun Report's debut Blockchain Rich List 2018, Wu was named the second most extravagant digital money business visionary in China, with expected total assets of 16.5 billion yuan (US$2.39 billion), behind just Micree Zhan. Hurun likewise positioned him as the 204th most extravagant individual in China. Around the same time, he was positioned No. 3 in Fortune's The Ledger 40 under 40, for changing business at the main edge of money and technology.