I'm surprised to hear there aren't more manufacturers in China that reverse engineer Bitmain's circuits, replicate, and sell them in the local market where US IP law doesn't apply.
-Chinese reverse engineering and lax IP laws aren't actually that lax; Westerners just pretend it is.
-Bitmain isn't a US corporation, it is Chinese.
-The owner of Bitmain is Jihan Wu.
Whoa, thanks for calling out my biases O_O
> lax IP laws aren't actually that lax
I thought one of the big initiatives for the TPP was to enforce US IP in Asia?
...
Even if it was, how is this relevant to Bitmain, run by Jihan Wu, who is not American?