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The World Digital Mining Summit 2021 Gathers Top Global Mining Firms to Meet in Dubai

Hong Kong, October 29, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware is organizing the World Digital Mining Summit 2021 (WDMS). This year marks the third year of WMDS hosted by Bitmain and Antminer.

As the most dedicated digital currency mining event of the year, Bitmain invites leading enterprises in the global mining space to join the summit. The summit brings together the top mining companies, hosting companies, mining pools, digital currency exchanges, cloud computing platforms, and more. Traditional finance companies and renewable energy providers will also be participating, showing the growing interest from the energy sector in digital currency mining.

WDMS successfully sold out all sponsorship positions and is honored to have industry-leading firms and experts join as sponsors of the summit. As the only Premium Sponsor, Phoenix Technology Consultants joins WDMS and four other level sponsors.

Exahash Sponsors: BitRiver AG, Compass Mining, Starbase Capital Ltd., and Core Scientific. 

Petahash Sponsors: Applied Blockchain Inc., White Rock, Burfa Tech, Enegix, Hash Go, Poolin, Emining, Uminers, Minto, and MINERY GLOBAL OU. 

Terahash Sponsors: Titan IO Inc., Cyberian Mine, Bitcluster, Bitcoin Energy Group, Asic Jungle, Minerset, My Rig, Terawulf, Marathon Digital Holdings, Global Mining Research, and VCV Digital Technology.

Additional Sponsors: CCU, Monbanc, and Bitfarms.

Various founders and business leaders will be invited to the summit to share remarkable keynote speeches and join panel discussions to share their experiences and insights into the industry. 

Bitmain will also be announcing the new generation of Antminer at the summit. Furthermore, Bitmain will share the latest updates and plans in building a global mining ecosystem, including upgrading global after-sales repair and talent training systems.

Bitmain will be preparing lucky draw activities for participants in the WDMS summit, including Antminers, Cloud computing capacity, and mining pool service discounts. The summit will also be streamed online for those who are unable to attend. For interested participants, kindly visit https://wdms.global/.

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Bitmain Will Hold the World Digital Mining Summit 2021 in Dubai From November 09-10

Hong Kong, September 27, 2021 –  Bitmain – the world’s leading producer of cryptocurrency mining hardware will hold the World Digital Mining Summit 2021 (WDMS) in Dubai from November 09-10. It will be the third WDMS event, this year hosted by Bitmain and Antminer.

WDMS will gather the world’s top leading data center operators, hosting providers, mining pools, exchanges, and other industry elites in the field of digital currency mining. At the same time, the summit serves to create a professional platform to introduce renewable energy providers and investors to enter the industry.

This comprehensive digital currency mining exchange platform integrates new innovative technologies, cultivates business cooperation, data center construction, green energy mining opportunities, industry information exchange, and the latest policy discussion for all partners who attend the Summit.

During the summit, Bitmain will reveal the latest all-in-one mining container solution and Antminer products. The company will continue to announce its progress and plans in building a global mining ecosystem, including the global after-sales maintenance and Antminer maintenance training center programs.

The summit will showcase dozens of speeches and engaging panel discussions regarding the development of green energy mining, mining globalization, data center construction, mining operations enhancement, global policies and regulations, and more。

Bitmain welcomes interested attendees to join the WDMS 2021. For more information and tickets, please visit https://wdms.global/.

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Bitmain Successfully Held the Digital Mining Conference, Gathering Top Experts to Discuss Future of the Industry

Hong Kong, September 13, 2021 –  Bitmain – the world’s leading producer of cryptocurrency mining hardware successfully held the Digital Mining Conference on September 09 in Miami, FL.  Industry elites, including the world’s leading mining manufacturers, clean energy suppliers, miner hosting service platforms, and financial companies gathered here to share new mining industry innovations.

Francis X. Suarez, Mayor of Miami, Maurice Daniel, Chief of Staff to the former US Vice President, Clark Du, Bitmain Mining Division, Vice President of Bitmain, and the founders and CEOs of companies including, Bit5ive, Foundry Digital, Compass Mining, Compute North, Core Scientific, Marathon Digital Holdings, Celsius Network, GryphonDigital Mining, CleanSpark, Greenidge, BlockQuarry, Asic Jungle, Applied Blockchain Inc., Minerset, DELV A Division of Cryptech Solutions, iMining, Monbanc, NFN8 Group LLC., GSV Futures, attended the conference.

Digital Mining Energy Conference Attendees

Thousands of digital mining supporters from all over the world watched the live broadcast. The conference highlighted topics such as green energy mining, mining globalization, mining infrastructure construction, mining policies, and regulations in North American.

Francis X. Suarez, Mayor of Miami providing the opening speech of the event

Francis X. Suarez, Mayor of Miami, opened the conference by sharing constructive words highlighting industry achievements. “Miami is ranked first in the nation for new tech job growth, creating 8000 jobs, and has moved over 800 billion dollars of assets under management in the last 16 months. None of these would be possible without understanding the technological movement, Bitcoin, the blockchain, and companies like Bitmain mean to power the infrastructure of this new generation and revolution.”

Irene Gao, BD Director of NCSA Region, Antminer

North America has been leading the expansion of digital currency mining on a global scale. The speech made by Irene Gao, BD Director of North, Central, South Americal region of Antminer, discussed the development of digital currency mining and talked about the local advantages in power resources, policies, and regulations. Gao mentioned how North America still has several disadvantages, such as slow construction of mining farms and insufficient talent accumulation in the industry.

To speed up the construction of mining farms, Bitmain launched its self-developed air-cooled container, the Antbox N5 V2 in August. At present, the delivery batches for August and September have sold out already and started shipping to the United States, and delivery batches for October have begun sales. At the same time, to match the speed of mining farm construction and strengthen the training of talents in the industry, the Antminer Maintenance Training Center (AMTC) has upgraded the miner maintenance training courses and added operations training and maintenance training courses. At present, the first batch of trainees recently completed the course and have begun to participate in practical undertakings.

In response to the relatively poor timeliness of miner maintenance overseas, Bitmain has launched HUB warehouse services. It is expected that the maintenance time of miners in North America would be reduced from three weeks to four days, the logistics time would be reduced by 79%, and the mining revenue loss would be reduced by 53%. Before December this year, HUB warehouse services will also be launched in Kazakhstan. In the future, Bitmain plans to set up more HUB warehouse outlets around the world

As discussed by the speakers at the conference, the digital currency mining industry still has growth potential. The industry is moving towards more advanced hardware equipment, better power resources, more innovative business models, better capitalization, participation in global business and policy activities, and longer-term sustainable development prospects.

Bitmain would like to thank all its valued customers from all over the world. Bitmain believes that the development and success of the company are inseparable from the trust and support of our customers. Bitmain will continue to adhere to the values of “Long-term Cooperation”, “Trustworthy Partnerships”, and Develop “Win-win Situations” to provide customers with excellent performance and quality products.

World Digital Mining Summit 2021 in Dubai

In November this year, Bitmain will host the World Digital Mining Summit 2021 in Dubai. The summit will deliver a broader and more efficient platform for information, exchange, and resource sharing. At that time, WDMS will bring more insightful industry prospects and policy analysis. The conference will also discuss advanced mining equipment information and brand new hosting service opportunities, water-cooled mining solutions, and many other excellent topics.

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Antminer S19j Pro Q1 and Q2 Quarterly Orders have Successfully Sold Out, New Orders Coming in September

As the global digital currency mining industry enters into a new stage of development, Bitmain places more attention on long-term investments and cooperation with its customers to adapt to market fluctuations.

The current Antminer sales model supports the value of long-term investing, which is widely recognized by global customers. The recent batch of Antminer S19j Pro for Q1 and Q2 orders of 2022 began sales during the middle of August and has successfully sold out in a short period of time. Carried by strong market demand, the confidence of customers remain at an all-time high, which stimulated the rapid sales of the miners.

The Antminer 19 series represents Bitmain’s capabilities as one of the world’s leading producers of cryptocurrency mining hardware, manufacturing excellent products, and leading the industry in computational power. In addition, Bitmain provides comprehensive after-sales services that guarantee assurance to long-term investors. This is realized through the successful launch and support which was provided to the S9 series. The 19 series receives the same support and is expected to have a remarkable lifecycle of over five years.

Due to the recent global chip shortage and the impact of the epidemic, the delivery cycle of semiconductor materials has been affected. In order to ensure customers with stable and quality products, Bitmain’s supply chain team actively worked with global partners to effectively enhance the production of Antminers to meet global demands. Currently, Bitmain will continue to steadily increase the production of its products.

Bitmain is grateful for the continuous support from its customers and is committed to providing better products and services. The sales plan for the next batch of Antminers is set to be released in September for Q2 and Q3 of 2022.

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Bitmain Hosts Digital Mining Energy Conference to Promote Renewable Energy Mining in North America

Hong Kong, September 20, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware is hosting the very first Digital Mining Energy Conference (DMC) on September 09, 2021, in Miami, Florida. DMC focuses on the development of mining in North America through the adoption of renewable energy and new mining technologies, co-hosted by Bitfufu and AntAlpha.

The conference provides an ideal platform for miners and renewable energy providers to gather and build new partnerships in setting up future facilities that utilize green energy. Participating companies will showcase the latest technological trends to incorporate into new mining infrastructures.

The event will bring valuable insights which cover current data center operations, investment opportunities, building partnerships with renewable energy suppliers, new mining technologies, mining regulations, and more. DMC will be joined by Bit5ive, Foundry, and Compass mining, along with other top leading mining companies.

DMC Participating Companies

As the mining industry continues to expand and mature, more industries have taken an interest to become a part of the digital currency mining space. The event invites interested parties to join Bitmain and its partners in promoting the global expansion of green energy mining.

Learn more about the event through the event website: https://digitalminingconf.com/

Participating Companies:

Bit5ive, Foundry, Compass Mining, Compute North, Core Scientific, Marathon, Celsius, Gryphon Digital Mining, CleanSpark, Greenidge, Blockquarry, Asic Jungle, Applied Blockchain, Minerset, Cryptech Solutions

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Bitmain Signs Agreement with ENEGIX to Host Miners at the 180MW facility

Hong Kong, July 23, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware, announces partnership with ENEGIX to host Antminer S19 Pro in their 180MW facility.

ENEGIX is the operator of one of the largest data centers in the world. The team is in the business of designing, building, and operating data centers since 2017. The current 180MW facility, commissioned in late 2020, is the company’s third data center. It is designed to host more than 50,000 current-generation mining rigs.

“Enegix is a clear leader in design and operation of large-scale mining facilities. Their success over the years has put them on the map for all major bitcoin miners. Bitmain is pleased to have a solid strategic partner in the region”, said Bitmain Mining Division Vice President.

“ENEGIX is pleased to be able to offer Bitmain the remaining capacity of its 180MW facility. This step from the leading manufacturer of ASIC miners is very important for our company, as it shows trust in our operation. We hope that starting this cooperation will be beneficial for both companies for the years to come.” – said Yerbolsyn Sarsenov, ENEGIX CEO   

In view of the recent surge in demand from miners, ENEGIX aims to develop additional mining infrastructure in the coming years. The company is in the process of securing power purchase agreements and developing design projects for additional mining facilities, planned to be executed in Kazakhstan.

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Antminer Maintenance Training Center is Now Open for Registration in the USA

Hong Kong, July 16, 2021 – Antminer Maintenance Training Center (AMTC), formally known as Ant Training Academy (ATA), has re-opened and begun registration for participants to learn mining hardware maintenance and mining facility optimization. AMTC is a training service program launched by Bitmain based on knowledge dissemination, technology inheritance, and accumulation. It is the only training institution and certification authority in the industry that is officially certified by Antminer.

AMTC has released two types of courses. The first is maintenance training, where customers can learn the skills to deal with the latest Antminer faults independently. The second course is operations and maintenance training. Participants will learn to understand the process and foundations of improving the efficiency of a mining facility. Participants can choose from the different courses according to their needs.

AMTC had mainly previously conducted training courses in China and held maintenance training in the United States in 2019. Now two years later, AMTC is returning to the United States. The training center will set up training courses in multiple states in the country, simultaneously offering Antminer maintenance courses and data center maintenance courses. The first training launch is in August. Kindly click the link below for more information.

Operation & Maintenance Training Maintenance Training
8.16-8.22 8.30-9.10
Atlanta, Georgia Atlanta, Georgia

Operation & Maintenance Training

https://support.bitmain.com/hc/en-us/articles/4402066168857

Maintenance Training

https://support.bitmain.com/hc/en-us/articles/360038899314

Contact us: [email protected]

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TeraWulf Signs a Purchase Order with Bitmain for 30,000 Units of Antminer S19j Pro

Hong Kong, June 29, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware, today announced a signed purchase order with TeraWulf Inc. (TeraWulf), which recently announced plans to become a publicly traded company that owns and operates fully integrated environmentally clean cryptocurrency mining facilities in the United States, for an order of 30,000 units of Bitmain’s latest generation miners, the Antminer S19j Pro.

The purchase order provides for a monthly allotment to be delivered from January to June of 2022. After full delivery and deployment of the order, TeraWulf is expected to increase its total mining hashrate by 3 EH/s, from the additional 30,000 Antminer S19 Series miners.

Paul Prager, Chairman & Chief Executive Officer of TeraWulf, said, “This agreement with Bitmain is the next step in TeraWulf’s plan to rapidly and efficiently scale our operations, which is based on a proven model for success. With Bitmain’s miners in place, we expect to substantially increase our total mining hashrate, furthering our efforts to generate environmentally sustainable bitcoin at an industrial scale. We are confident that we can continue to leverage our strong partner relationships as we seek to position our company as the leading miner of sustainable bitcoin globally.”

“Partnering with TeraWulf represents a big step forward in the transition to a more resilient, stable, and sustainable mining platform. We are excited to provide our most advanced bitcoin miners as they build the largest, most environmentally friendly bitcoin mining facility in North America,” said Du Shisheng, Bitmain Mining Division Vice President.

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Global Suspension Announcement of Antminer Spot Sales

Dear Valued Antminer Users,

In recent times, Chinese customers have been reselling miners to withdraw funds or reduce the time that their mining hardware remains in China. However, the setup of mining farms does not happen overnight, and the second-hand market is under pressure. To assist the industry towards a smooth transition, Antminer has temporarily decided to suspend global spot sales.

Kindly note that customers who have already placed previous orders will not be affected. Bitmain will continue to sell futures orders from September onwards. The suspension of spot sales shall be from June to August.

At the start of the year, the market demand of miners was high, and supply was low. Thanks to Bitmain’s R&D and supply chain teams’ efforts, Antminer has achieved the increased production capacity for the future.

Faced with the difficulties during the pandemic, Bitmain employees have risen to the recent challenge and urgently traveled overseas to the US, Canada, Australia, Russia, Belarus, Sweden, Norway, Kazakhstan, Angola, Congo, Indonesia, and other countries to help customers source high-quality power resources for the industry.

The development of Bitmain is inseparable from the support of its customers. Bitmain adheres to the values of “long-term, loyal, and a win-win” while striving to cope with the industry changes, together with our partners.

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CMF North America: The Current State and Future of the Cryptocurrency Mining Industry

On April 13, Bitmain held the Crypto Mining Forum (CMF) online for the North American Region. Antminer, AntPool, along with key customers and strategic partners all participated in the forum to deliver solid speeches and panels, aiming at bringing together the top leading mining companies’ insights on the current state and the future development of the cryptocurrency mining industry in the region.

Bitmain, Antminer, and AntPool Continues to Empower Users and Mining Industry

The cryptocurrency mining industry has entered a new stage of maturity and stability. Since Bitmain’s establishment in 2013, the company has spared no efforts to develop advanced technologies and innovations to move the industry forward.

Main Speakers

At the forum, Irene Gao, Sales Director of NSCA, Antminer, announced the new global sales strategy from Bitmain. The company will adopt an ordering method with insured clauses for users. To better meet the growing market needs for mining hardware, Antminer recently introduced an annual batch order purchase for the Antminer S19j Pro. Featuring a strong hash rate at 100 TH/s and a low energy efficiency ratio of 29.5 J/TH, the miner can truly bring a long-term investment value to customers.

Eric Wang, North American Operations Manager at AntPool, introduced the mining pool development. According to Eric, in recent years, he has witnessed a significant hash rate growth in the region and forecasts that the region will continue to grow.

To better empower miners, Bitmain announced at the CMF, the company will develop a global mining map to assist customers in finding the best/new locations for new facilities set-up. Besides, Bitmain will establish more cooperative mining centers in North America to empower the industry to flourish and promised to meet the goal of repairing miners in the region to achieve a turnaround time (TAT) of 3 days. As the world’s leading cryptocurrency mining platform, AntPool will continue to provide miners with more easy-to-use, safe and efficient services, bringing rich and transparent income for miners.

Foundry: Hardware Becomes the Focus of Bitcoin Mining Race

Michael Colyer, CEO of Foundry, the cryptocurrency mining subsidiary of Digital Currency Group (DCG), shared his observations and predictions on the current mining market. He said that due to the continuous advancement of Bitcoin mining technology, the mining industry’s demand for chips is competing with other cutting-edge technology companies such as Samsung and Apple, resulting in insufficient global chip supply and a situation of grabbing chip resources. Meanwhile, institutional miners have entered the game, making it harder for people to get miners, and resulting in more competition as intuitions have strong access to investments.

The specialty of the North American market is that companies have access to capital markets. Therefore, more and more companies are planned to go public in the next six months. Moreover, many energy companies have also begun to investigate the Bitcoin market, considering its huge growth potential and will be become more active over time.

In terms of the industry opportunity, Michael pointed out mining hardware will be a great investment option, as most of the mining products can continue to operate for 4-5 years, which will bring a long-term investment value to miners.

State of Mining 2021: Large Scale Operation with Green Development

Panel Discussion 1 Speakers

Moderated by BitOoda CEO Tim Kelly, Core Scientific Chief Customer Success Officer Russell Cann, Greenidge Chief Mining Officer Greg Ohanessian, Crusoe Energy CEO & Co-founder Chase Lochmiller and Crusoe Energy President & Co-founder Cully Cavness joined the panel themed in the State of Mining in 2021.

At the panel, discussers pointed out that as more and more users and institutions have joined the camp, the mining industry is no longer as fragmented and rough as the “wild west”, but it is now moving forward into a stage of institutional miners at a large scale. At present, larger financialization is happening in the space, which increases ways to finance the industry such as debt financing.

Moreover, mining companies pay more attention to relevant regulations and will also increase investment in environmental friendliness. The panel highlights that driving green energy for mining will bring more opportunities and will be crucial for the future.

In the United States, there is an interrelationship between energy and mining. Experts predict that the use of renewable energy and innovative technologies will become a new trend in the development of the mining industry. On one hand, more miners will attach more importance to the relations between mining and sustainable energy and will use renewable energy to promote the reduction of power consumption. On the other hand, the development and application of immersion mining technology is a future trend to keep an eye out for, which can effectively improve energy efficiency ratio of mining hardware, prolonging the life of miners, and provide mining companies with opportunities to open in better mining locations since favorable mining locations are usually in harsh environments.

Energy suppliers also starting to understand the mining industry’s demands, providing more resources and services for large-scale digital mining. Hosting service is also growing, as it comes with advantages such as low electricity prices and professional management.  

In the next few months, miners should consider that more hash rate will be added once mining companies receive their future orders, which can affect the profitability of mining. Altcoins, which provide different innovations, can be considered, nevertheless, Bitcoin will be the core cryptocurrency from a long-term perspective.

Trends & Innovation: New Business Model and the Influx of Institutions

Panel Discussion 2 Speakers

Gemini Asia Pacific Business Development Bureau Director Eugene Ng, Atlas Mining Founder Raymond Yuan, DMG CEO Sheldon Bennett, Clean Spark CEO Zachary Bradford, and Luxor Co-founder & CFO Ethan Vera discussed and predicted the mining trend and innovations at the second panel.

The panel pointed out the new trends in the mining industry. First, the adoption of cooling system leads the new trends, as immersion cooling provides the same hash rate with less power consumption.  Far more important, driven by the vigorous development of the Bitcoin mining industry along with multiple favorable factors, a large number of new investment institutions have entered the market, bringing in a new business model, i.e., the financialization of hash rate.

The influx of investors and institutions is just the beginning. When more speculators participate in the cryptocurrency mining field on a large scale, it will open the door for other digital currencies, and the cryptocurrency market will usher in more opportunities. In terms of technological innovation and application, topics were discussed at the panel around software upgrades, financial tools, and energy improvements to reduce mining costs.

The North American session of the Cryptocurrency Mining Forum was successfully concluded. The CMF Forum is a series of global events held by Bitmain, aiming to build an information-sharing platform for the global mining industry’s discussion, prediction, and prosperity. The forum has been successfully held in Miami, Toronto, Kuala Lumpur, and in other cities before, which has gained extensive support and large popularity from Bitmain’s customers, partners, and miners around the world. Soon, the CMF Forum will set sail again in Europe (online), let us look forward to more exciting insights brought by the European section!

Video link to CMF North America

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