From Bitcoin Evangelist to Encryption Financial Leader: A Decade Journey of an Industry Pioneer

In 2011, in an office building on Financial Street in Beijing, a 25-year-old young man accidentally came across the Bitcoin white paper. This document completely changed the trajectory of his life. With a vision for the future, he invested all his savings to purchase Bitcoin, which was only worth 10 dollars each at the time. Despite the skepticism of those around him, he persevered in translating the white paper into Chinese, introducing the concept of Bitcoin to the Chinese-speaking world for the first time.

This young man subsequently co-founded the country’s first blockchain media platform, creating a hub for information exchange in the industry. He actively promoted the value of “decentralization” on online forums, becoming an important early promoter of Bitcoin in China. His translation and sharing efforts ignited the Chinese community’s enthusiasm for encryption, laying the ideological foundation for the industry’s development.

In 2013, the price of Bitcoin soared, sparking a global mining frenzy. This young man collaborated with a technical expert to develop a high-performance mining machine in a humble residence. This product quickly captured 75% of the global market share. In 2016, their new generation of mining machines became a model of energy efficiency standards, leading a revolution in ASIC chip technology.

Their company has rapidly risen, with revenue scales comparable to tech giants. This young man is respectfully referred to as the “mining overlord” in the industry. Miners evaluate him by saying: “Without his mining machines, we can’t even cover our electricity costs.” He has reshaped the mining industry landscape through technological innovation and established a dominant position in global computing power.

In 2017, he led a Bitcoin fork, launching a new encryption coin, which triggered the “hash power war” in the industry. In the face of skepticism, he calmly stated: “To advance technology, we must forge new paths.” By participating in forks and forming mining pool alliances, he deeply engaged in the game of underlying protocols of encryption coins, gaining a voice in the industry’s rules.

Despite the setbacks to the company’s IPO plans in 2018 and parting ways with partners due to ideological differences, he continued to forge ahead. He took the mining pool business with him and founded a new company. He personally went deep into the mines, sharing hardships with the workers, and joked: “The psychology I learned in college was of no use, but I learned how to repair mining machines.” His resilience and pragmatic attitude created a new legend.

In 2019, he founded a new encryption financial company that pioneered the “safety cushion” model for managing encrypted assets, with assets under management exceeding $10 billion. He actively promoted the compliance of encryption finance operations and contributed to the formulation of regulatory frameworks in multiple regions, setting a benchmark for industry compliance.

The mining pool company he invested in went public on NASDAQ with a valuation of $4 billion, building a global computing power network. His strategic investments have also extended to the Singapore Freeport and compliant trading centers in the Middle East, leading the industry towards standardization. His vision has propelled cryptocurrency assets from the margins into the mainstream.

Today, he proposed a fusion strategy of “AI+DeFi”. His company is developing a cross-chain protocol that integrates AI computing power verification into decentralized finance, aiming at the future of distributed financial infrastructure. His layout is not limited to cryptocurrency but attempts to reshape the global financial landscape.

From translating white papers to leading computing power, from financial innovation to AI integration, the decade-long journey of this industry pioneer reflects the transformation of blockchain technology from geek experiments to a new global financial force. With the strategy of “technology commercialization + regulatory collaboration,” he defined the industry rules for mining machines, computing power, and asset management. His story is a microcosm of belief and perseverance, as well as a vivid portrayal of the rise of the blockchain industry in China.

The journey of this industry pioneer continues. How will the next decade rewrite the legend? The answer may already be quietly revealed in every step he takes.