Bitmain plans to expand its Israeli research and development center Chinese mining giant Bitmain plans to hire additional employees for its Israeli research and development center.

Bitmain plans to expand its Israeli research and development center

Chinese mining giant Bitmain plans to hire additional staff for its Israeli research and development center.

According to Israeli publication Globes, Bitmain will triple its workforce in this country. Gadi Glikberg, Vice President and Manager of Israeli Affairs at Bitmain, told Globes that 40 additional blockchain researchers, senior software and security specialists, marketing specialists, Python and JavaScript programmers are planned to be hired for the R&D center located in Ra'anana. as well as quality assurance specialists.

“Last year, Bitmain made a major breakthrough thanks to the growing distribution of blockchain technology, and in particular - digital currencies, - said Glikberg and added that despite the temporary lull that followed the loud wave of crypto-hype at the end of last year, the industry still sees opportunities for future growth.

Bitmain was founded in 2013 in Beijing. She is currently the global leader in the production of cryptocurrency mining devices and controls second largest in the world of mining pool - AntPool. Bitmain's ASICs can be used not only for mining, but also for complex calculations like machine learning and artificial intelligence. Bitmain co-founder Jihan Wu hinted last month that his company may be preparing for an IPO in Hong Kong..

Bitmain started operating in Israel in 2016. Her activities in this country focused mainly on the development of blockchain solutions, the ConnectBTC mining pool and work on AI as part of the Sophon project. Bitmain's clients include Blockchain Mining, a Tel Aviv listed company. stock exchange. Bitmain has similar centers in Amsterdam and Hong Kong, as well as offices in China, Singapore and Georgia..

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