The post The Biggest Bitcoin Miner, Friedcat’s Shocking Bitcoin Mystery! appeared first on Coinpedia Fintech News
Jiang Xinyu, popularly known as Friedcat, once ruled China and the overall Bitcoin market. He established a crypto startup in 2012 and raised $100,000 to build the earliest ASIC miner machines for Bitcoin Mining. The company distributed 140,000 BTC among shareholders as the company value reached 2 million BTC. After two years of success, the ASICMiners machine began to explode due to heating issues. Later, his business partners embezzled all the investor’s money, leaving him in debt. Despite the rumors and theories of his disappearance, there is no news about this BTC Miner, making it the Friedcat shocking Bitcoin Mystery.