What happened to Bitmain yesterday, part 11 (Zhan created a new website and changed it to a payment company)

What happened to Bitmain yesterday? After a while of silence, something new happened.

On the evening of July 6, Bitmain’s official account and Weibo account controlled by Zhan Ketuan posted a message saying that the payment account, website and email address had been changed. Currently, the original website https://www.bitmain.com/ is still controlled by Wu Jihan, and Zhan Ketuan has changed it to http://service.bitmaincorp.com/.

The receiving accounts were changed to Fujian Zhanhua Intelligent Technology Co., Ltd. (100% controlled by Beijing Bitmain) and the Changle Branch of the Fuzhou Branch of China Merchants Bank. Fuzhou is the hometown of Zhan Ketuan.

Zhan Ketuan seems to take this very seriously. He reposted it twice after posting it on Weibo, and deleted the duplicate content on his official account and reposted it (it seems that only the header image is different). However, the website should have been made in an emergency, and the mobile version will be mismatched and the layout will be chaotic.

At the same time, Zhan Ketuan told the Planet Daily that the reason why the goods could not be delivered to paying customers was that the customer payment was received by Wu Jihan at Chongqing Silicon Yuan Mainland, but the payment did not enter Beijing Bitmain, so the delivery was suspended. The implication is that in the future, customers will have to pay the fees to this Fuzhou company.

At the same time, Zhan Ketuan also changed the employee email address to bitmaincorp.com/ and informed some employees in the Zhan employee group. Zhan also released an internal letter to employees through WeChat for Business, saying that he would return to the company's business and work hard to repair the cooperative relationship with customers and suppliers, so that the mining machine and AI businesses can return to normal as soon as possible. He will make some minor adjustments to the internal structure, and said that the equity acquisition is progressing normally and he believes that an agreement can be reached soon.

Zhan's internal letter seems calm, but it is more persuasive than practical, because there are still a large number of employees on Wu Jihan's side. For example, "the vast majority of employees have returned to the office" and "I believe the shareholder dispute will be resolved soon" may not be the actual situation, but it is influencing the employees who are still waiting and watching. It is reported that Zhan has begun to intensively guide the details of the business again, especially the AI ​​business he loves most.

Wu said blockchain learned that there was a suspected case of hiring a P2P debt collection team to randomly post notices in the employee community, exposing personal information and ID numbers. Wu said blockchain public account was also maliciously attacked by illegal users who bought water army for no reason. Zhan Ketuan’s internal letter especially emphasized that not breaking the law is the basic bottom line, and he hoped that it was also a warning to his subordinates. Both parties should perform their work within the scope of the law.

Previously, a statement of compromise and cooperation was published online, saying that a preliminary consensus had been reached on the company's production and operation. At present, we cannot judge whether the change of the collection account by Zhan will undermine this agreement. But the result of the undermining may be that Wu Jihan's side will stop paying suppliers and supplying chips again. Zhan's side previously threatened to purchase chips directly through Beijing Bitmain, but if futures are not sold, it will not have enough budget.

Zhan certainly hopes to master the entire process of sales, manufacturing and production, so whether anyone dares to buy futures at the sales level, whether the manufacturing level can get chip supply independently, and whether there is money to pay suppliers at the production level are the three major challenges to completing this chain. Of course, Wu Jihan also faces the problem of delivering the mining machines that have been sold.

Both sides have weaknesses, and everything is not over yet. The battles over finance, personnel, sales and other aspects are still going on. An employee told Wu Blockchain that mining is difficult now, mining pools are hard to make a profit, and AI is just a waste of money. He hopes that the consequence of such a fight will not be the company's liquidation and bankruptcy.