Bitmain, a major cryptocurrency mining hardware manufacturer, has denied any involvement in a supply chain inquiry and labeled the accusations as false and baseless. The company reaffirms its focus on designing and manufacturing crypto mining rigs, particularly the Antminer series. Despite facing investigation due to its connections to semiconductor companies, Bitmain emphasizes its dedication to the mining sector and plans to increase production capacity for its Antminer machines. The company recently launched the Antminer S21+ Hydro, which utilizes water cooling technology to improve mining efficiency. Bitmain aims to maintain its leading role in the market despite outside challenges.



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