The 2017 sales of Bitmain reached an amazing 14.3 billion yuan ($2.3billion USD) point and it becomes China’s second largest IC design company.Monthly profits of Bitmain in 2017 was up to $30 million USD and they achieved a net profit of more than 1 billion yuan in the first half of 2017. This is reported by 8BTC.
Bitmain had also designed and mass-produced a variety of different ASIC chips with the advanced quantity production technology in full-custom designed 28nm, 16nm, 12nm integrated circuit, the series of BM chip used in cryptocurrency miner could be the most representative one. Bitmian sales hundreds of thousands miners every year, each miner needs hundreds of ASIC chips, for example, an AntMiner S9 needs 189 ASIC chips.
Russians, together with Indians and residents of European countries, are more often than others on the list of customers of mining equipment sellers and usually pay in cash.
One of the most popular Bitmain products is AntMiner S9. On the official website, the miner costs 14,000 yuan ($ 2,300).