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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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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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Bitmain Officially Announces the Antminer S19j Pro Annual Batch Order Purchase, Opening Next Week

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.

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Bitmain Signs a Milestone Deal of 42,000 Antminer S19j miners with Riot Blockchain

Once the new miners are deployed, Riot Blockchain will nearly double its total hash rate to 7.7 EH/s

Hong Kong, April. 08, 2021 – Bitmain – the world’s leading producer of cryptocurrency mining hardware today announces a new purchase deal of 42,000 Antminer S19j miners with Riot Blockchain, Inc. (“Riot Blockchain” or “Riot”), a Nasdaq-listed cryptocurrency mining company.  A minimum of 3,500 Antminer S19j ASIC miners are scheduled to be delivered monthly to Riot starting in November 2021, and the rest are planned for receipt and deployment through October 2022.

The new $138.5 million purchase represents a robust strategic plan and a growth milestone for Riot to increase its bitcoin mining hash rate. Once the new miners are fully deployed, Riot is predicted to gain a significant hash rate growth to 7.7 EH/s, which nearly doubles the company’s previously estimated mining rate capacity of 4.0 EH/s by October 2021.

“We are excited for our long-term cooperation with Riot as they continue to solidify their growth and position as one of the global leading companies in Bitcoin mining. This growing partnership is also a strong proof of our S19j. The model has inherited Antminer S19 series’ remarkable hash rate and industry-leading manufacturing quality with excellent power efficiency. The new order of Bitmain’s next-gen Antminers will undoubtedly assure the rapid growth and the long-term investment of Riot’s mining operations”, said Irene Gao, Antminer Sales Director of NCSA Region, Bitmain.

“This long-term purchase order marks a major milestone in the continued expansion of Riot’s mining operations,” said Megan Brooks, COO of Riot. “Our existing fleet of miners has already positioned us as a public-company leader in Bitcoin mining. By nearly doubling our planned hash rate capacity, we are taking a great stride in growing our share of the global hash rate distribution. We are proud of this accomplishment and remain focused on continuing to evaluate additional opportunities in the space.”

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The 2021 Bitmain Partner Summit was Successfully Held, Establishing a Stronger Platform to Foster a Win-win Partnership Approach

On March 12, Bitmain held the “2021 Bitmain Partner Summit” in Shenzhen, China. The summit aimed to foster a new win-win partnership approach with the company’s customers and partners for the future development of the mining industry. Many of Bitmain suppliers, customers, and strategic partners gathered at the summit. Chairman Zhan Ketuan and several company executives attended the summit.

At the meeting, Mr. Zhan presented a keynote speech on the current situation of the industry and reformation trends. Several executives from Bitmain also shared corresponding presentations on their respective segments.

2021 Bitmain Partnership Summit

Mr. Zhan pointed out that the current digital currency mining industry has entered a mature and stable period. As the total market value of global digital currencies is approaching USD 2 trillion, new changes have taken place in the global distribution of computing power. The share of overseas computing power has expanded and crypto mining concept stocks have emerged in the US capital market.

Since its establishment in 2013, Bitmain has had the ambition of developing advanced technologies and continuous innovation to achieve long-term technological leadership. At present, the Antminer brand covers all mainstream POW digital currencies and has maintained outstanding performance attaining the world’s largest market share.

Mr. Zhan also clarified the future development policy of Bitmain, explaining that the company will continue to expand the development of computing power. Adhering to the concept of “Openness, Cooperation, and a Win-win Partnership” approach, Bitmain aims to achieve long-term cooperation with more excellent supply chain partners and will continue to enrich mining pools, data centers, and cloud computing services. Ecological partners in the fields of energy, energy recycling, etc., will provide a solid guarantee for the long-term investment of customers.

Awarding Ceremony of Excellent Supply Chain Partners

Bitmain has always been committed to providing the world with the best computing power chips. The annual output of Antminers has reached one million units, requiring hundreds of millions of chips. The achievement of the brand was feasible thanks to the support of the leading technology and abundant output of excellent suppliers of Bitmain.

Sun Yonggang, IC Operations Director of Bitmain, said that being faced with the growing market demand and fluctuations in production capacity, Bitmain will award excellent suppliers who possess exceptional operations, especially under the pressure of the global pandemic and the surge in market demand. Bitmain will work together with many supply chain partners to advance the stable supply and production of mining hardware.

Distinguishing the long-term contributions of supply chain partners, Bitmain awarded 24 excellent supply chain partners from the three dimensions of chips, processing services, and materials.

Awarding Ceremony of Excellent Supply Chain Partners

Empowering Bitmain’s Business Model

Du Shisheng, Vice President of Bitmain’s Mining Division, shared the deployment plan of Bitmain’s mining hardware business. Since the launch of the Antminer S19 series, it has led the global market with the industry’s best computing power, energy efficiency ratio, quality, and after-sales service. The 19 series upgraded the chip packaging, integrated heat sinks, and anti-corrosion designs for the hash boards. The product’s life cycle is expected to reach more than 5 years in operation having a long-term investment. Du said, that the long-term sales strategy of Bitmain will adopt an ordering method with insured clauses. At the same time, he pointed out that after Antminers are shipped from the factory, it is just the beginning of Bitmain’s services to its clients, whether it is for data center construction, operation and maintenance, professional software services, maintenance requirements, or other related functions.

For the cultivation of talents, Bitmain will use the experience accumulated over the past eight years as a guide to solving the uncertainties of the industry, and in various fields such as data centers, mining pools, cloud computing, water-cooling, and energy recycling, Bitmain will adhere to the principles of openness, cooperation, and win-win partnership. Bitmain will select multiple partners to lead the industry’s ecology toward success.

Du Shisheng, Vice President of Bitmain’s Mining Division

Gao Yu, COO of AntPool, introduced the future development plan of the company. He believes that as the mining industry has stepped into a larger scale and specialization, the mining community is gradually transitioning from individuals to institutions and enterprises, from this, auditing problems have arisen due to the demand for listing companies. Therefore, AntPool will create a professional SaaS service platform for these important points and will provide customers with a more user-friendly interface, complete functions, and rich and transparent benefits. The company will also provide clients with professional financial services.

In addition, Guo Yiliang, Head of the Operation and Maintenance Department of Bitmain Supercomputing Research Center Institute, discussed the distribution of global mining resources, analysis of ecological changes, iteration of mining strategies, development and sharing of global high-quality power resources, water-cooling trends, and operation and maintenance services.

In terms of service innovation, Chen Jie, Customer Service Director of Bitmain, pointed out that the customer service team of Bitmain adopts a combined response model of manual and intelligent services, and actively accepts customers’ diverse needs in terms of business, support, and after-sales. The company will continue to uphold and offer the best customer service.

Annual Purchase Agreement Signing Ceremony for a Win-win Partnership

At the summit, Zhou Feng, Vice President of Bitmain’s Asset Management Department held an annual procurement signing ceremony with  13 companies. The companies: 大陆方舟、The9、Wayi, Valarhash, 西进数据, Atlas Mining 、Code Chain New Continent、Feixie Technology、General Mining Research、Parallel Ventures、Core Scientific、Phoenix technology, and Powerry.

Annual Purchase Agreement Signing Ceremony

Bitmain always puts great importance on a growing partnership with high-quality customers for “Long-term Planning, Investment Value, loyalty, and a Win-win Partnership”. In addition to achieving the best energy efficiency ratio, cost-effectiveness, manufacturing quality, and after-sales service, the company will also provide exclusive services for “VIP customers”. The guarantee of production capacity to ensure that these VIP customers can get a certain number of miners, to better allocate funds and resources for data centers.

Also, two distinguished partners from Bitfufu and 大陆方舟also shared themes at the end of the summit. Lu Haiyi, Director of Bitfufu, introduced the business advantages of the company. Lu said, as the mining industry enters a new stage of globalization and specialization, cloud computing has more room for development. As Bitmain’s official cooperation and standardized computing platform, BitFuFu provides users with more professional and open mining services. In the future, BitFufu and Bitmain will carry out in-depth cooperation in various aspects such as mining hardware, data centers, and mining pools, and jointly explore the standardization of computing power. The two companies will jointly carry out the first sale and supply of new generation products, jointly developing the global market.

Lu Haiyi, Director of Bitfufu

Sun Li, Chief Financial Officer of 大陆方舟, focused on the application prospects of blockchain in the new era. As a leading company in the blockchain distributed computing center, 大陆方舟will devote itself to establishing a “blockchain+” business model. Sun said, with the blessing of blockchain technology, the basic functions and applications of the digital platform can be upgraded and transformed, which will generate a stronger driving force for the economy and society.

The 2021 Bitmain Partner Summit was successfully held and witnessed the growth of Bitmain and its partners. Zhan Ketuan said, “In the current era of rapid development and changes in global digital currency and mining industry, Bitmain will work together with more customers and strategic partners and aim for a win-win partnership. Bitmain will continue to focus on developing computing power and a customer-centric strategy to provide customers with more excellent products, diverse service innovations, and long-term investment guarantees, and create a better ecology for the common prosperity of the industry.”

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