Jihan Wu: Biography, Career, and Business Insights

Jihan Wu’s Profile Summary

Company	Bitdeer
Position	Chairman
Source of wealth	Income from Bitmain Technologies, investments in various blockchain-related ventures, Matrixport financial services, cryptocurrency mining and hardware manufacturing
Also known as	Cryptocurrency entrepreneur, Bitcoin Cash advocate, investor in blockchain technologies
Age	40
Education	Peking University - Bachelor’s degree in Economics
Citizenship	Chinese
Residence	Singapore
Family	Publicly available information does not detail his family members
Website, Social Media	https://www.bitmain.com/

Biography

Jihan Wu, born in 1986 in Chongqing, China, is a key figure in the cryptocurrency world, best known for co-founding Bitmain Technologies in 2013. Bitmain became a dominant player in the Bitcoin mining industry through its production of ASIC chips, which drastically improved the efficiency of cryptocurrency mining. Wu’s involvement in cryptocurrency goes back to his early interest in Bitcoin, and he is credited with translating Satoshi Nakamoto's Bitcoin whitepaper into Chinese, making the groundbreaking ideas accessible to the Chinese-speaking community. Under his leadership, Bitmain achieved substantial growth, generating billions in annual revenue. However, internal conflicts with co-founder Micree Zhan led to Wu stepping down from his role as CEO in 2020. Wu is also notable for his support of Bitcoin Cash, a fork of Bitcoin aimed at addressing scalability issues. After leaving Bitmain, he founded Matrixport, a financial services platform for cryptocurrencies, and Bitdeer, a cloud mining and blockchain infrastructure provider. Both ventures reflect his ongoing influence in the cryptocurrency and blockchain space

Exited Bitmain completely—no longer a shareholder as of April 2025 following a settlement; since then focused on Bitdeer and other blockchain ventures.

How did Jihan Wu make money?

Jihan Wu makes money in the following areas:

Income from Bitmain Technologies, investments in various blockchain-related ventures, Matrixport financial services, cryptocurrency mining and hardware manufacturing
What is Jihan Wu net worth?

As of 2026, Jihan Wu’s net worth is estimated to be $2B.

What is Jihan Wu also known as?

Jihan Wu is known for his advocacy of Bitcoin Cash (BCH), which he supported to address Bitcoin’s scalability issues through increased block size. He is also an angel investor in a range of blockchain and tech-related startups, and after leaving Bitmain, he expanded into cryptocurrency financial services by founding Matrixport. His efforts extend to promoting blockchain-based innovations and fostering high-performance computing via Bitdeer

Prominent achievements

Co-founded Bitmain Technologies in 2013, helping it become the leading Bitcoin mining hardware manufacturer, ranked No. 3 in Fortune's "The Ledger 40 under 40" for transformative contributions to technology, valued his new venture Matrixport at over $1 billion, positioned as one of Asia's youngest billionaires

Fully exited his Bitmain stake as of April 2025 following a settlement.

What are Jihan Wu’s key insights?

Jihan Wu emphasizes scalability and decentralization in blockchain technologies. He has been a vocal advocate for Bitcoin Cash, promoting it as a solution to Bitcoin’s scalability challenges. He also supports innovation in crypto-financial services, aiming to build an infrastructure that integrates blockchain technology with traditional financial systems

Personal life

There is no publicly available detailed information about his family, as Jihan Wu maintains a private personal life

Useful insights

Evaluate the team behind the project

If you’re interested in picking top crypto projects, learning from the experience of successful Crypto developers and Crypto Angel Investors can help you avoid common pitfalls. One of the key elements to consider when evaluating a crypto project is the team behind it. Here’s how to assess it effectively

Research the founders and developers

Crypto Angel Investors often stress the importance of knowing the people behind the project. A credible project usually has a transparent team with a strong background in blockchain technology or relevant industries. Make sure to look into their previous work, LinkedIn profiles, and their reputation in the crypto community.
Look for a track record of success

Many top Crypto Angel Investors, such as Anthony Pompliano, emphasize the value of a team's track record. If the developers or founders have successfully built or contributed to previous projects, it's a positive sign that they know how to deliver. Trustworthy teams are often recognized for their expertise and credibility in the space.
Assess transparency and communication

Good projects maintain transparent communication with their community, often using platforms like GitHub, Twitter, or Discord. If the team regularly updates their followers on milestones, developments, and challenges, it’s usually a sign of reliability. From my experience, projects with open lines of communication are more likely to succeed long-term.