Coronavirus Controls in China Are Delaying Crypto Miner Deliveries, Firms Say

MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government's quarantine of Wuhan following the coronavirus outbreak.

AccessTimeIconJan 30, 2020 at 5:41 p.m. UTC
Updated Sep 13, 2021 at 12:13 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Two leading manufacturers of crypto mining hardware notified customers their shipments would be delayed at least a week because of the coronavirus quarantine in China.

This week MicroBT, Bitmain and Innosilicon notified customers the application-specific integrated circuits (ASICs) they ordered would not be immediately sent, as the Chinese government extended New Year holiday hours due to the outbreak, according to Artem Eremin, product manager of the ASIC retailer 3Logic.

MicroBT published a notice on WeChat referencing a decision made by the Guangdong provincial government to extend the Chinese New Year holiday through Feb. 9, an additional week.

"The production, delivery, after-sales service, and send and receive documents and other arrangements" would be delayed as a result, MicroBT's notice said.

Eremin told CoinDesk that Bitmain and Innosilicon also warned clients about the delays.

The coronavirus, referred to formally as nCoV-2019, was first seen in the Chinese city of Wuhan in January. Officials quarantined the entire city of 11 million people, as well as several other regions nearby.

The virus has reportedly killed 170 people, with more than 7,700 infected worldwide.

EDIT (11:03 UTC, Jan. 11, 2020): A previous version of this article mistakenly mentioned Cannaan instead of Innosilicon.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.