Huawei chip ban: Bitmain may face a supply disruption from TSMC! L9 miners cannot be produced or delivered.

Computing Technology, a chip design company owned by Bitmain, the world's largest BTCMining Rig manufacturer, recently reported that it was suspected of violating the US chip export ban, acting as a white glove to buy TSMC chips, and then reselling them to the Chinese technology giant Huawei, which makes Bitmain face the crisis of TSMC cutting off supply, which will have a far-reaching impact on the mining circle. (Synopsis: TSMC disconnects high-end chips!) Foreign media exploded: "Huawei white gloves" is Bitmain's computing technology) (Background supplement: TSMC chips were urgently cut off by Mysterio "flowing into Huawei": the US Department of Commerce and US lawmakers have been notified for explanation) Chinese technology giant Huawei and 70 affiliated companies were included in the trade blacklist by the United States in 2019, and this background has not dumped to Huawei since mid-September 2020, but semiconductor research company TechInsights recently analyzed Huawei's latest AI chips HiSilicon Ascend 910B, however, discovered that it was manufactured by TSMC and notified TSMC of the discovery. TSMC reacted quickly this month when it discovered that chips it made for a specific customer ended up on Huawei products, stopping shipments to the customer in mid-October and informing the U.S. and Taiwanese governments of the situation, and more recently it was reported that the customer was Sophgo, a chip design company owned by Bitmain, the world's largest BTCMining Rig maker. Founded in 2019 by Bitmain co-founder Zhan Ketuan, focusing on AI and RISC-V chip product design, TSMC has been shipping "hundreds of thousands of chips" to Computing Technology, until this month, the Chinese enterprise registration database shows that Zhan Ketuan indirectly holds about 22% of the shares of Computing Technology, and some subsidiaries of Computing Technology also share domain name registration and email contact information with Bitmain. Bitmain is afraid of being cut off by TSMC? It is worth noting that this incident has a far-reaching impact on the cryptocurrency mining circle, and TSMC may choose to completely suspend the supply of Bitmain, or only supply ASIC Mining Rig chips, forcing Bitmain to face severe supply chain challenges in the short term. There has been news in the mining circle that BTC previously found TSMC to order chips and pay the full amount, but now due to suspected violations of the US sanctions ban, orders have all been locked and payments confiscated, Bitmain supports LTC, DOGE, BEL and other mining new Mining Rig ANTMINER L9, I am afraid that all can not be dumped. It is understood that the current demand for Bitmain's Mining Rig is extremely high, and the pre-order takes as little as three months to arrive, if Bitmain is cut off by TSMC due to violations of US sanctions, and then in the worst case, its ASIC chips may all face a supply cut. Bitmain has a long-term cooperative relationship with TSMC, but this also forms a middleman model, allowing middlemen to purchase Bitmain Mining Rig in large quantities, disassemble and resell chips to other technology companies, and Huawei's incident has a high probability of involving such transaction operations. Another Taiwanese semiconductor industry revealed that according to his judgment and that of other peers, it is speculated that Taiwan's IC design company buys products from TSMC, then packages them in Taiwan, and then sells them to another Chinese company, which may be sold to Huawei, which is equivalent to changing hands several times, this sales process of transferring several hands of customers, TSMC is difficult to verify. The semiconductor industry said that TSMC management is known for its rigor in the industry, and the industry estimates that the IC design company that placed an order with TSMC should be an old customer, and TSMC's 7nm chip is not cheap, and an order costs billions of Taiwan dollars. So, they should be familiar with each other. What is the impact on the price of BTC? bitinfocharts data shows that BTC Computing Power just hit a record high on the 21st, but if Bitmain's supply chain is interrupted and Mining Rig inventory is exhausted in the next few months, Computing Power's growth will be limited, in this case, BTC will benefit from the reduction of selling pressure from mining companies to form Favourable Information, but it is expected that more mining resources will turn to AI Computing domain. However, Computing Technology issued a statement on the 26th that the investigation of the possible relationship between TSMC and Huawei by the US Department of Commerce has nothing to do with computing technology and its products, and computing technology has never directly or indirectly established any commercial relationship with Huawei, and the company has been strictly abiding by applicable laws and regulations for business activities, including but not limited to all applicable US national export control laws and regulations, and has never violated any of these laws and regulations. TSMC said it had provided TSMC with a detailed investigation report to prove that the company had nothing to do with the Huawei-related investigation, and that it reserved the right to take legal action against any person or entity that infringed on the reputation of the company's industry, including hostile competitors and media outlets that published and disseminated false and misleading reports. Bitmain issued a statement on the 28th, saying that Bitmain focuses on the CryptocurrencyMining Rig business and has no connection with the supply investigation incident reported by the media recently, and any news alleging that Bitmain is involved in the aforementioned events is untrue, and Bitmain reserves the right to pursue the legal responsibility of the media that publishes and disseminates false information. Related reports Trump proposes to "abolish the federal income tax": collect tariffs and make a fortune in the United States! TSMC's biggest victim? Behind TSMC's new high stock price" Chief Financial Officer approves Taiwan's electricity bill "the world's most expensive" How did Taipower respond? TSMC US factory spread a big breakthrough: chip yield surpasses Taiwan, next year's quotation below 5nm or soaring again "Huawei-related chip ban" Bitmain may be cut off by TSMC! L9Mining Rig is completely unable to be produced and delivered" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".