| Market Capitalization (Millions $) |
22 |
| Shares
Outstanding (Millions) |
70 |
| Employees |
399 |
| Revenues (TTM) (Millions $) |
530 |
| Net Income (TTM) (Millions $) |
-210 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Through our own high speed computing ASICs, we provide supercomputing solutions. Our outstanding ASIC chip design capabilities are supported by our founders and management teams knowledge and more than nine years of industry experience. As one of the few fabless IC design businesses with cutting-edge technology, established access to top wafer foundries, and shown internal capacity to manufacture Bitcoin mining equipment, we are uniquely qualified to independently develop ASIC. We are a prominent manufacturer of Bitcoin mining equipment on the worldwide market and have largely focused our technology and experience in ASIC applications to Bitcoin mining rigs.
We are a fabless IC designer engaged in the front-end and back-end of IC design, which are the major components of the IC product development chain. We currently dedicate our technology and expertise in ASIC chip design to Bitcoin mining machines and AI applications. We, through our PRC operating subsidiaries, independently design and develop our products in-house, including the design of proprietary ASIC chips for our Bitcoin mining machines. Front-end IC design and back-end IC design are the key parts of the IC design process. We determine the parameters of the IC chip, establish the basic logic of the design, map out the initial plan for the physical layout, and conduct back-end verification on the design. We then work closely with industry-leading third-party suppliers to fabricate, test and package the IC products we design. Moreover, we have established in-house production capabilities to assemble both Bitcoin mining machines and AI chips. We assemble our Bitcoin mining machines primarily at our assembly plant located in the PRC by integrating the ICs produced by us and related components we procure. We believe our outstanding technical expertise and production experience in IC development chain enables us to continuously introduce ICs with higher performance and power efficiency for application in both the blockchain and AI fields.
Bitcoin Mining Machines
Our technology and expertise in ASIC applications are primarily dedicated to the design, development, production and sales of our proprietary ASIC-based Bitcoin mining machines under the AvalonMiner brand. Set forth below is a summary of the milestones and status of the development of our ASICs developed for Bitcoin mining machines.
Company Address: 28 Ayer Rajah Crescent #06-08 0
Company Phone Number: 6305 6618 Stock Exchange / Ticker: NASDAQ CAN
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