I have lately made a post about miners creation near between Bitmain and Btminer. Now we have another mining company stepping into the game.

Ebang wants to get 100 million USD IPO from US sec.

In the filling we can read.

We are a pioneer in researching and developing ASIC chip technology used in blockchain applications in China. We are also one of the earliest contract manufacturers of Bitcoin mining machines in China to own self-developed proprietary ASIC chips, according to the F&S report. Our Ebit E10 model, launched in December 2017, was the first commercially available mining machine to use 10 nm ASIC chips among major mining machine producers, according to the F&S report. Our latest commercialized Ebit E12 series mining machines, which incorporate the most recent iteration of our proprietary 10 nm ASIC chips, are capable of a hash rate of up to 50 TH/s and a computing power efficiency of 57W/TH. We have completed the design of our 8 nm ASIC chips and 7 nm ASIC chips and are ready to mass-produce our proprietary 8 nm ASIC chips when the market conditions become suitable. We currently focus on developing our proprietary 5 nm ASIC chips and mining machines for non-Bitcoin cryptocurrencies such as Litecoin and Monero. We will continue to devote significant resources to new innovations applying blockchain technology.

So the company has products and claims to even have US$319.0 million and US$109.1 million in 2018 and 2019. Its very interesting to see them doing the IPO especially with US regulatory. We can read a bit about the company itself too.

Im sure the original Chinese version can say more yet worth to note it was last updated in 2017. Maybe one of my CN readers knows more?

If you want to read whole filling its here - https://www.sec.gov/Archives/edgar/data/1799290/000121390020010071/ea121021-f1_ebanginter.htm#a_001

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