# Bitmain spin-off of Bitdeer (2021): partnership

Canonical ID: `bccff5b2-4fdf-4651-88a6-de110c647a3a`

Bitdeer was spun off from Bitmain in January 2021 with mining farm operations in the US and Norway, under a settlement between Bitmain's co-founders.

- **Type:** other
- **Status:** concluded
- **Verification posture:** verified

## Parties (2)

- [Bitmain](https://registry.deploy.report/companies/bitmain.md) other
- [Bitdeer Technologies](https://registry.deploy.report/companies/bitdeer-technologies.md) other

## Timeline

- **Announced:** 2021-01-26

## Sources (1)

1. https://www.theblock.co/post/92580/jihan-wu-letter-officially-step-down-bitmain · 2021-01-26


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