Bitcoin [BTC] mining firms join the “Unicorn” list released by Hurun Research Institute

On 18th July, Hurun Research Institute released a Q2 report of the Hurun Greater China Unicorn Index. Unicorn Index is valued at $500 million or more and it measures the share price performance of U.S. private companies. The report released by the firm shows the inclusion of three new companies in the blockchain space.

The blockchain companies are Bit continent also known as Bitmain, Billion International, popularly known as Ebang and Jia Nah Zhi Zhi, which is also called as Canaan Creative.

Hurun Report Inc. was established by Rupert Hoogenwerf, the Chairman of the firm. The firm is based in Shanghai, China, successfully grown into a leading publishing group.

Bitmain, headquartered in Beijing, China is the largest Bitcoin mining pool in the world. The company is also the leading producer of Application-specific integrated client [ASIC] chips. The mining company is ranked at the 13th position on the Hurun Unicorn Index. According to the report, the company’s estimated value is 70 billion yuan. In addition, the partial investment companies of Bitmain are Sequoia Capital, an American venture capital, and International Data Group (IDG), a media, data, and marketing services.

Bitmain's ranking on the Unicorn Index || Source: Hurun Report

Bitmain’s ranking on the Unicorn Index || Source: Hurun Report

Canaan Creative, also headquartered at Beijing, China, invented the first Bitcoin mining processors. The company is a computer hardware manufacturer with an integrated circuit design. As shown below, the company is ranked at the 32nd position on the Hurun Unicorn Index. As per the report, the firm is estimated at the value of 20 billion yuan. The partial investment institutions of Canaan creative are Jinjiang group, a Chinese state-owned tourism and hospitality company and Tunlan Capital, a venture capital management company.

Canaan's ranking on the Unicorn Index || Source: Hurun Report

Canaan Creative’s ranking on the Unicorn Index || Source: Hurun Report

Ebang is a Chinese manufacturer of miners using in-house ASICs. According to the Hurun report, the company is positioned at the 53rd rank having an estimated value of 10 billion yuan.

Ebang's ranking on the Unicorn Index || Source: Hurun Report

Ebang’s ranking on the Unicorn Index || Source: Hurun Report

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