Geopolitics Meets Crypto: Bitmain Co-Founder Fallout Sends Shockwaves
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Recent reports from crypto veteran Chandler Guo have sparked speculation that Zhan Ketuan, co-founder of Bitmain, underwent a “deep-sea fishing” ordeal—a covert detention scenario with multi-billion-dollar implications.Advanced traders and analysts should note:
Internal corporate risk: The dual CEO system between Zhan and Wu reportedly collapsed, potentially affecting R&D and operational continuity.
Regulatory and geopolitical exposure: US and Chinese oversight over mining hardware and AI chips increases pressure on global supply chains.
Strategic vulnerability: Any gap in leadership may influence network security, mining profitability, and hardware innovation.
This situation underscores the interconnectedness of crypto mining, political influence, and global infrastructure, reminding investors and miners that even market leaders like Bitmain are not immune to state-level interventions.
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wait so does this mean hash rate will drop or just supply chain issues?
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Short term = supply chain risk, not immediate hash rate drop.
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Hash rate follows incentives, not headlines.