According to the National Enterprise Bankruptcy and Reorganization Case Information Network, the Hangzhou Intermediate People's Court recently ruled to accept the bankruptcy liquidation case of the creditor Hangzhou Lingye Intelligent Engineering Co., Ltd. and the debtor Hangzhou Dark Star Electronic Technology Co., Ltd. Qichacha information shows,Hangzhou AnexMINER was established in January 2021, with a registered capital of 10 million yuan, is mainly engaged in the sales of integrated circuit chips and products, and blockchain technology-related software and services.

Simply put, this is to take advantage of the "mining" trend and provide mining chip products for blockchain and virtual currencies.

In August 2021, only half a year after its establishment, Dark Star Electronics launched two flagship ASIC chips for the global market, using the most advanced 7nm and 5nm processes at the time, with frequencies as high as 4.25GHz and 7.52GHz, and power consumption of only 2350W and 3000W. The chip has the highest computing power in the entire network and can mine mainstream cryptocurrencies LTC and DOGE.

Just three months later, Darkstar Electronics released its self-developed computing chip Anexet. Based on this chip, Darkstar ET7 is used to mine Ethereum with a computing power of up to 6000MH/S.

At its most prosperous time, Dark Star Electronics was selected into the list of "2021 Zhejiang Merchants Digital Service Benchmark Enterprises", and its founder Yang Ye was selected as the "Hurun Report 2021 Outstanding Young Entrepreneur".

However, with the changes in policies and situations, the "mining" industry quickly fell from the altar. Dark Star Electronics' products and technologies lost their place of use, and the company found it difficult to continue. It has been listed as a dishonest person subject to execution many times, restricted high consumption, and many contract sales disputes have arisen.

Eventually, it had to go into bankruptcy and liquidation.