/NEWS/ BitFuFu Attended the World Digital Mining Summit/

BitFuFu Attended the World Digital Mining Summit

2022-07-28 10:00:00

On July 26th, representatives from BitFuFu, the world's top hashrate service provider, attended the World Digital Mining Summit (WDMS). The summit was organized by mining giant BITMAIN with the theme "Empowering Mining, Finance and Energy Resources". This event is one of the top events in the digital mining industry with industry leading companies such as Core Scientific, Galaxy Digital, Zcash attending, and covered by industry media authorities such as Cointelegraph.


During the summit, Irene Gao, the Sales Director of Bitmain, Max Liao, the Managing Director from Business Development Department of Antalpha, and Simon Wang, Sales Director of Antminer, shared how Bitmain and its partners were empowering the crypto mining industry from various perspectives, including finance, energy solutions, and product upgrades perspectives.

From the financial side, Antalpha will leverage its partnership with Bitmain to launch a creative hashrate-collateralized financing service to help miners go through the credit crunch of bear market. 

From the energy side, Antminer declared that with more efficiency, easy deployment, and environmental effectiveness hydro solutions,Bitmain will lead the future of mining into the new Hydro era.

From the product side, Bitmain is carrying out a series of initiatives, improving the lifespan of ANTMINERs and reducing the difficulty and cost of operation and maintenance while opening a new consignment model "consign-to-own".

At the summit, Bitfufu's cloud mining service and global business layout received extensive attention from the participants. BitFuFu attended the summit as Bitmain's strategic partner. Previously, Bitmain announced their intention to make strategic investment in BitFuFu and to cooperate as strategic partners. Bitfufu possesses rich resources of industry's leading miners and global mining sites, reflecting its exclusive advantages in the industry especially during the hard times of mining with volative cryptocurrency prices and high global temperature condition, not only bringing confidence to investors and other market participants, but also becoming a new focus in the industry.