AGM Group Holdings Inc (AGMH)

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Chinese crypto company.

On August 2021, AGMH announced its new growth strategy mainly focusing on crypto miner business and high-performance ASIC chip research and development, and supplemented by development of blockchain and fintech applications.

AGMH is one of the few publicly-listed companies at US market with both ASIC chip design and crypto miner production capabilities and its released crypto miner has competitive product performance and parameters.

AGMH’s in-house branded Crypto KOI MINER C16 (“C16”), release on August 2021, is equipped with the C3012 chip made by Semiconductor Manufacturing International Corp.’s N+1 process. It has a hash rate up to 113 TH/s and a power efficiency ratio of 30 J/T, supporting the mining of Bitcoin, Bitcoin Cash and other cryptocurrencies. C16’s parameters have surpassed its peer miners including Bitmain’s Antminer S19 pro and Canaan’s AvalonMiner1246.