Amaze Mining & Blockchain Research Ltd has Acquired 40% Stakes In China’s RockMiner

Burt Crouch
2 min readNov 8, 2016

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India’s Amit Bhardwaj Acquires 40% Stake in China’s RockMiner

Cryptocurrency pioneer in India, Amit Bhardwaj has entered into the new phase of merger & acquisition of Bitcoin companies. Amit Bhardwaj’s firm Amaze Mining & Blockchain Research Ltd. has acquired 40% stakes in the China’s RockMiner. RockMiner, a China based Company builds next gen hardware products for Bitcoin and other Altcoin Mining.

On the occasion of the stake acquisition, jubilant Amit Bhardwaj, said “I liked the vision of the company and what they are building is extraordinary and inspiring. After a series of exciting conversations and meetings with Alex (Co-Founder, RockMiner), the terms of the acquisition were finalized”.

Hong Kong based firm, Amaze Mining & Blockchain Research Ltd owns over 100 PH/s in Bitcoin Mining Industry which is more than 5% of world’s Bitcoin Hashing Power. Mr. Amit Bhardwaj also invested in GBMiners, which is the biggest mining pool in India and also the biggest one outside china. He is an early Bitcoin believer and he aims at building an ecosystem of Bitcoin products, Blockchain and Cryptocurrency. He built an online retail marketplace HighKart.com in 2013 — India’s first e-commerce website to accept ‘Bitcoin payment’ for products. Finance is in his DNA and his Fascination with Blockchain as a concept is what keeps him up at night. http://amitbhardwaj.com/.

Alex, co-founder of RockMiner also showed his happiness on the latest partnership with Amit Bhardwaj and said, “Joining forces with Amaze Mining & Blockchain Research Ltd allows us to double-up our focus on innovation and product development”.

Amit Bhardwaj and RockMiner have a shared vision. Whereas RockMiner is committed to the innovation in hardware products of Bitcoin and mining of other cryptocurrencies and working on a very innovative hardware research to build the most powerful miners, Amit Bhardwaj is on a mission to develop a chain of cryptocurrency ventures.

The New ‘Shared’ Journey

Mr. Bhardwaj is excited to see the progress of RockMiner in development of faster mining chips as he says it’s a very good thing for the decentralization of the currency. It’s a huge achievement and a big milestone for the company. He informs that 14nm chip will be able to see light in the next 2–3 months. Each 14nm chip in the miner will be able to attain up to 65 GH/s. This development comes after 3 years of hard work at RockMiner.

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