The Bitcoin Miner Who Vanished Without a Trace 🧵

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In 2014, Jiang “Friedcat” Xinyu, the 28-year-old CEO of ASICMINER, mysteriously disappeared. Facing immense pressure from debt and mental health struggles, he left his home and was never seen again. His family—mother and wife—has no answers to his whereabouts.

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ASICMINER, once a dominant Bitcoin mining company, was revolutionary in the crypto space. Friedcat helped shape the early days of Bitcoin mining, but as competitors emerged, ASICMINER’s dominance began to decline, leading to increasing scrutiny on his leadership.

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The company had raised over $200 million in Bitcoin, but by late 2014, it was struggling to keep up with rapid technological advancements. Rumors surfaced that Friedcat was in debt, suicidal, and being chased by creditors.

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On a fateful September day in 2014, he left his home and vanished without a trace. Authorities couldn’t locate him, leaving his fate shrouded in mystery.

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What’s even more puzzling? None of ASICMINER’s Bitcoin holdings—worth hundreds of millions today—have been moved since his disappearance. Some believe he might have staged his own disappearance to escape the pressures, while others suggest foul play.

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The crypto community remains baffled. Some think he may have started a new life in a remote location, while others speculate he was a victim of external forces.

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Friedcat’s disappearance is one of the most enduring mysteries in the history of Bitcoin, sparking endless theories and speculations.

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What do you think? Did he vanish intentionally or fall victim to something darker? The truth remains elusive.---#bitcoin

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