The Developer Of The First Bitcoin Miners Sold For $ 466 Million

The first manufacturer of asic-miners avalon canaan creative has passed to the ownership of the chinese firm for electronics production – shandong luyitong intelligent electric plc. The global bitcoin-industry transaction is estimated at $ 466 million, informs ifeng edition.Com.

Shandong luyitong completely bought out canaan creative approximately $ 466 million in stocks and cash. Now electronics plans to accommodate 6.79 billion shares of canaan creative at a cost of about $ 4 for 1 share.

The fact of the sale and placements of the shares of canaan creative on the stock exchange confirms the ceo of the micakenign company bitmain technology dzhikhan wu. From his words, canaan creative assets are estimated at about $ 470 million. Shandong luyitong wants to rescue about $ 102 million as a result of the company’s exit on the stock exchange.

Canaan creative began its activities in 2012. In 2013 introduced the first asic-chip avalon for minenga bitcoins. Shandong luyitong intelligent electric plc, officially registered on the shenzhen stock exchange, was founded in 2003.

Earlier it was reported that halling is expected in july 2016 – learning profit for the block in the bitcoin network. From that moment on, miners will receive 2 times less bitcoins for the resulting block.