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MicroBT
Manufacturer of cryptocurrency mining equipment
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.
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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.
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.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Jan 2022 | — | $4B | Fefan Ventures | ↗ |
| SERIES BEquity / VC | Jan 2019 | $0 | — | Undisclosed | ↗ |
Growth signals
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.
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|---|---|---|---|---|---|
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
- FVFefan Ventures
Other known investors2 additional known investors
Bixin Capital
Bixin Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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
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