Amid crypto crackdown Bitmain donates US$1.7M to Chinese lab Crypto mining rig manufacturer Bitmain donated 11 million yuan (approximately US$1.7 million) to Beijing National Research Center for Information Science and Technology, an interdisciplinary research institute backed by Tsinghua University. The university announced the donation to the press this week, although a ceremony marking the donation was held Nov. 9. Fast facts – Micree Zhan, chairman of Bitmain, and Dai Qionghai, dean of the School of Information of Tsinghua University, spoke at the ceremony. Zhan said that Bitmain is actively seeking comprehensive cooperation with universities and colleges to develop world-leading computer…