Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

MicroBT

Explore full profile

Manufacturer of cryptocurrency mining equipment

Shenzhen, ChinaFounded 2016Fintech
Valuation $2.5–5B Latest valuation · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for MicroBT and the history behind them.

About MicroBT

MicroBT is a Shenzhen-based designer and manufacturer of high-performance hardware for the cryptocurrency mining sector. The company was founded in 2016 by Dr. Zuoxing Yang, a pivotal figure in the chip design industry who was previously the director of processor design at rival Bitmain. Yang's departure from Bitmain followed a disagreement over an equity stake, leading him to establish MicroBT and directly challenge the then-market leader. This history includes legal disputes with Bitmain over intellectual property, which were ultimately dismissed.

Read full description

The firm's core business revolves around the design and sale of Application-Specific Integrated Circuit (ASIC) chips and the corresponding mining rigs sold under the globally recognized 'WhatsMiner' brand. These machines are engineered specifically for mining cryptocurrencies based on the SHA-256 algorithm, with a primary focus on Bitcoin. MicroBT's business model is direct sales of this hardware to a range of clients, from large-scale, institutional mining farms to individual retail miners. The company generates revenue through the sale of these specialized machines. To support its global client base, MicroBT has established manufacturing facilities in the USA and Southeast Asia, in part to navigate international tariffs, and maintains a network of after-sales repair centers in key mining regions like North America and Kazakhstan.

The WhatsMiner product line is the company's sole focus, known for its power efficiency and high hash rates, which are critical metrics for profitability in the competitive crypto mining market. MicroBT differentiates itself by focusing on full-custom chip design and has pioneered advancements in cooling technology. The company offers a comprehensive suite of mining solutions, including traditional air-cooling models as well as more advanced hydro-cooling and immersion-cooling systems designed for greater efficiency and heat recapture. These advanced cooling systems allow for quieter operation, longer equipment lifespan, and the ability to repurpose waste heat for applications like agricultural or regional heating. This focus on thermal management and partnerships to promote green mining initiatives, such as solar-powered mining, positions the company for a more sustainable operational future.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Shenzhen, China
Employees
29
Open positions
None listed
Dealroom signal
49.0/100
Industry
Fintech, Semiconductors
Sub-industry
Crypto and DeFi
Sector
Fintech, Rumoured $1B, Crypto Mining, Crypto and Web3, Hard Tech, DT and LS, science-based
Technology
Blockchain, Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b
Investment activity
1 company, latest Apr 2026
Capital deployed
$0
Preferred round
EARLY VC

Latest news

Press, funding announcements and product moves mentioning MicroBT.

See all news

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES CEquity / VC Jan 2022 $4B Fefan Ventures
SERIES BEquity / VC Jan 2019 $0 Undisclosed
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

MicroBT website traffic

Latest recorded traffic for MicroBT is 1.8K monthly website visits, down 28% over the last three months. MicroBT's team grew 0% over the past year.

Latest monthly visits1.8K 3-month web change-28% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Fefan Ventures

Other known investors2 additional known investors

  • Bixin Capital
  • Bixin Ventures
Employees 29 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇨🇳 China62.5%
🇺🇸 United States18.8%
🇭🇰 Hong Kong6.3%
🇷🇺 Russia6.3%
🇦🇪 United Arab Emirates6.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about MicroBT on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See MicroBT’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.