Bitmain, the top manufacturer of Bitcoin mining machines, has announced plans to launch miners specifically designed for Aleo, a privacy-focused blockchain platform that uses zero-knowledge proofs (ZKP). The company revealed this information in a WeChat post, stating that they will introduce an “Antminer” model tailored for Aleo, which is currently in the testnet phase.
This development follows Bitmain’s recent internal announcement regarding payment delays for its staff in September, attributed to cash flow challenges. However, the company has resolved this issue and continues to actively expand its product range, although no specific timeline has been given for the release of the Aleo miner.
Bitmain has already launched its latest Antminer S21 model, receiving strong interest from mining firms. CleanSpark, an American Bitcoin miner listed on Nasdaq, recently disclosed a significant purchase of the S21 mining machines, expecting to improve efficiency by over 17% once all machines are installed.
This move into Aleo-based mining machines aligns with Bitmain’s strategy to diversify its product range and explore new opportunities within the blockchain space. Despite financial challenges, Bitmain remains a major player in the mining hardware sector as the leading manufacturer of ASIC mining machines. Additionally, Bitmain operates AntPool, the world’s second-largest Bitcoin mining pool after Foundry USA.