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/.
--------------------- Liked this article? Share it with others:
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.
--------------------- Liked this article? Share it with others:
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.
--------------------- Liked this article? Share it with others:
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/
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.
--------------------- Liked this article? Share it with others:
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.
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.
--------------------- Liked this article? Share it with others:
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.
--------------------- Liked this article? Share it with others:
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!
In view of the current strong market demand for mining hardware, Bitmain will officially launch an annual batch order purchase for the Antminer S19j Pro, which will be opening next week. Starting from August 2021, customers can receive a batch of Antminer S19j Pro every month for a period of one year.
The hash rate of S19j Pro is as high as 100 TH/s, boasting a low energy efficiency ratio of 29.5 J/TH, and the life cycle of the miner is expected to exceed 5 years. In addition, Bitmain’s excellent manufacturing quality and after-sales service will be a strong guarantee for a long-term investment to customers.
Due to
the global shortage of chips, the order quantity of this batch is limited. Please
contact the respective account manager to order.
--------------------- Liked this article? Share it with others:
