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Jihan Wu (Bitmain)

Jihan Wu (Bitmain)

Jihan Wu, born in Chongqing (China), is a renowned entrepreneur. He graduated from Peking University and was co-founder of Bitmain. Currently, he holds the position of Chairman at the BitDeer Group.

Jihan Wu co-founded Bitmain with Micree Zhan in 2013. Not long after, he was nominated by CoinDesk as one of the Most Influential in Blockchain. In 2020, Jihan Wu topped the Forbes World's Billionaires List as one of the five youngest billionaires in Asia.[25][26]

In January 2021, Bitmain split into multiple businesses and Jihan Wu resigned as its CEO and chairman. He now presides as chairman of BitDeer Group.

Education

Wu was born in 1986.

He attended Peking University and studied Psychology and Economics.

Career

Before Bitcoin

Jihan worked as a private equity fund manager in 2009 and also as a financial analyst.

At one point, he was an Investment Manager at China Grand Prosperity Investment.

Career in Bitcoin

Artwork of Jihan Wu

Artwork of Jihan Wu

Wu first discovered Bitcoin in May 2011 as a Venture capitalist looking to invest in Bitcoin related projects and first bought Bitcoins off Taobao and Mt. Gox. He created the first Chinese translation of Satoshi Nakamoto's whitepaper for Bitcoin and later founded the Chinese Bitcoin news site, 8btc.com. With 8btc.com, Wu was able to explain the fundamentals and value of Bitcoin which help put him at the forefront of Bitcoin in China.

Alongside Micree Zhan, Wu founded Bitmain in 2013 which developed ASIC mining chips and grew to be the world's largest manufacturer of Bitcoin mining equipment. Bitmain is the parent company for several brands including Antminer, Antpool, and Hashnest. For Bitmain, Wu is in charge of marketing, sales, and investment affairs.

Some of Wy's early investments in Bitcoin-related companies include a Seed investment in the smart contract platform Rootstock, a Series A in the Bitcoin market data provider Btckan, and a Series A in the mining pool ViaBTC.

Views on Increasing Bitcoin's Network Capacity

Although during an AMA in December 2015 Wu supported a lightning network to increase Bitcoin's network capacity, his views evolved and instead supported bigger blocks, leading to the Bitcoin Cash hard fork (in articles, Bitcoin Cash has been referred to as Bitcoin Unlimited.

References

[1]
Citation Linkeveripedia-storage.s3.amazonaws.comWith John McAfee
Oct 14, 2017, 8:38 PM
[2]
Citation Linkeveripedia-storage.s3.amazonaws.comSpeaking at an event
Oct 14, 2017, 8:39 PM
[3]
Citation Linkeveripedia-storage.s3.amazonaws.comArtwork of Jihan Wu
Oct 14, 2017, 8:39 PM
[4]
Citation Linkeveripedia-storage.s3.amazonaws.comArtwork of Jihan Wu
Oct 14, 2017, 8:39 PM
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Citation Linkeveripedia-storage.s3.amazonaws.comWith friends
Oct 14, 2017, 8:40 PM
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Citation Linkeveripedia-storage.s3.amazonaws.comBeing interviewed
Oct 14, 2017, 8:40 PM
[7]
Citation Linkyoutube.comInterview CEO Bitmain: one of the largest hardware deliverers for Bitcoin miners
Oct 14, 2017, 8:41 PM
[8]
Citation Linkyoutube.comJIHAN WU ON SEGWIT, ASICBOOST AND MORE!!![The Future of Bitcoin]
Oct 14, 2017, 8:42 PM
[9]
Citation Linkcointelegraph.comJihan Wu of Bitmain Confident that Bitcoin Will be Valued $100,000 in 5 years
Oct 14, 2017, 6:37 PM
[10]
Citation Linktwitter.comJihan Wu on Twitter
Oct 14, 2017, 6:38 PM
[11]
Citation Linkforum.bitcoin.comAMA of Jihan Wu
Oct 14, 2017, 6:43 PM
[12]
Citation Linkallamericanspeakers.comJihan Wu Bio
Oct 14, 2017, 6:44 PM
[13]
Citation Linknews.bitcoin.comJihan Wu Talks About Obedience to Authority in the Bitcoin Ecosystem
Oct 14, 2017, 6:45 PM
[14]
Citation Linkinvestopedia.comWho is Jihan Wu in Investopedia
Oct 14, 2017, 6:46 PM
[15]
Citation Linklendacademy.comWu Jihan: The Mysterious Man Behind Bitcoin Blockchain Split
Oct 14, 2017, 6:47 PM
[16]
Citation Linkeveripedia-storage.s3.amazonaws.comTwitter Bio of Jihan Wu
Oct 14, 2017, 6:49 PM
[23]
Citation Linkwww.youtube.comInterview CEO Bitmain: one of the largest hardware deliverers for Bitcoin miners
Oct 14, 2017, 8:41 PM
[24]
Citation Linkwww.youtube.comJIHAN WU ON SEGWIT, ASICBOOST AND MORE!!![The Future of Bitcoin]
Oct 14, 2017, 8:42 PM
[25]
Citation Linkwww.coindesk.com
Jul 25, 2021, 2:46 PM
[26]
Citation Linkwww.forbes.com
Jul 25, 2021, 2:46 PM