Chinese mining machine manufacturers under the epidemic: Ant Shenma's announcement was postponed and Wuhan Xindong was affected by the city lockdown

Chinese mining machine manufacturers under the epidemic: Ant Shenma's announcement was postponed and Wuhan Xindong was affected by the city lockdown

Wu said blockchain learned that Chinese mining machine manufacturers are generally affected by the epidemic. As of January 31, Bitmain, Canaan, and Shenma have all issued announcements to postpone production, delivery, and after-sales. Innosilicon, located in Wuhan, has been affected by factors such as the city lockdown, and the situation is even more severe. Faced with the halving of Bitcoin and the impact of the epidemic, Chinese mining machine manufacturers will face greater pressure in 2020.


On January 31, Bitmain announced that due to the impact of the COVID-19 epidemic, Antminer after-sales service centers in mainland China will postpone their resumption of work and are scheduled to start operations on February 10, 2020. The start time of logistics delivery will be subject to the notification of each logistics company. Antminer shipments were originally scheduled to be suspended from January 20, 2020 to January 31, 2020, and will resume normal shipments from February 1, 2020.


On January 29, Shenma Mining Machine issued an announcement stating that in view of the current epidemic situation and in combination with the notices from the General Office of the State Council and the Guangdong Provincial Government, the end of the Shenma Mining Machine Spring Festival holiday will be extended from January 30 to February 9. Arrangements related to production, delivery, after-sales receipt and delivery, and maintenance have been delayed due to the impact of the epidemic.


On the 31st, Canaan issued an announcement stating that the product receipt, delivery, and repair of Avalon Maintenance Department (Lin'an) were postponed from February 3 to February 10 due to the epidemic. Avalon's online customer service resumed normal work on February 3, with working hours from 9:00 to 24:00.


Canaan Technology also stated that after the outbreak, Canaan Technology and its executives have donated a total of 1.2 million yuan in cash, and plan to donate cash (materials) worth no less than 2 million yuan. Shenma also subsequently stated that it would donate 2 million yuan.


Innomina is located in Wuhan, the epicenter of the epidemic. The lockdown and traffic restrictions will have a certain impact on logistics, and the adjustment of the factory's resumption time will also affect production. In addition, the time for employees to return to work depends on the development of the epidemic in Wuhan.


At present, the total network computing power has reached 112.69 EH/s, and the total network difficulty has reached 15.47 T, setting a new high. According to forecasts, it will reach 16.08 T in 10 days. Recently, perhaps affected by the Wuhan epidemic, the price of Bitcoin once soared to US$9,400. Due to the slowdown in production, the existing mining machine inventory may be robbed, and the price of mining machines will rebound.


In 2020, BTC, BCH, BSV, etc. will usher in halving, and the mining machine industry and miners are facing a big test. Major mining machine manufacturers have launched the latest high-computing mining machines based on TSMC 7nm and Samsung 8nm, intending to fight for the last flood season before halving.


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