Bitmine AG was a retailer of Bitcoin mining hardware and Bitcoin mining ASICs, both under the name CoinCraft.



On May 20th, 2015, Bitmine AG was declared bankrupt


The is claimed to have been initially designed by Bitmine and contracted out on a 1-year exclusive availability to Innosilicon, LTD. Co. In its public declaration regarding its bankruptcy, Bitmine AG singled out Innosilicon as one of the major reasons for its bankruptcy, stating:


On July 10th, 2015, Innosilicon, LTD. Co. responded to Bitmine AG’s allegations through a post on the BitcoinTalk Forums, stating:


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