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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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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The digital mining sector is only just ramping up and this year’s World Digital Mining Summit (WDMS) was proof of this.
The second annual industry-wide gathering of the digital mining sector was met with great anticipation with numerous attendees including leading founders, decision-makers and industry experts.
Here are five major highlights from the summit.
1. Bitmain’s co-founder, Jihan Wu, shares four initiatives to drive innovation in digital mining
Jihan Wu speaking to the attendees of WMDS
One of the major points of discussion at the WDMS was about ways to innovate the digital mining sector and during his keynote, Bitmain founder, Jihan Wu, shared four of Bitmain’s initiatives.
First, that Bitmain will soon launch a service called the World Digital Mining Map to provide a better platform to connect mining hardware owners with mining farm owners. This service will be free for BITMAIN customers.
It currently takes too long to repair mining rigs. In response to this issue, Jihan shared that Bitmain’s second initiative would be to launch repair centers worldwide to help cut down the turnaround time for repairs to just three days by the end of 2019.
For its third initiative, Bitmain will also boost its Ant Training Academy (ATA) program on troubleshooting easy-to-fix issues. Mining farm operators can send their technicians to be trained at the ATA where they will graduate with a certificate, which qualifies them to provide services.
Launch of the new Antminer S17+ and T17+
Finally, to keep up with the industry’s changing demands, Jihan shared that Bitmain will launch two new types of mining rigs – the Antminer S17+ and T17+. He also noted that Bitmain’s research and development team had made solid improvements in the design of future mining hardware models.
2. Matrixport’s CEO, John Ge, shared the company’s vision and mission
John Ge, CEO of Matrixport
Another session that drew in crowds was the talk by John Ge, the CEO of Matrixport.
He shared that Matrixport’s vision was to be a one-stop-shop, which will offer custody, trading, lending, and payment services. With its close ties to Bitmain, John also pointed out that Matrixport would give miners an accessible opportunity to enhance their crypto portfolio.
In many ways, he mentioned that Matrixport would be similar to an online bank，where account holders can customize services according to their needs and delegate tasks to a broker to service it.
With trading engines that connect to most exchanges and also to OTC (over the counter) providers, Matrixport would also be best placed to choose the most ideal marketplace for each user’s needs, offering discounts and a tailor-made algorithm to secure a better price and high liquidity. The company will also make it possible to access capital without missing investment opportunities by acting as a lender to the market.
3. Industry leaders discuss the impact of the bitcoin block reward halving
Panel Discussion 1: Impact of the bitcoin block reward halving
The 2020 bitcoin block reward halving event was one topic that was top of mind at WDMS. To discuss the implications for the mining community, industry leaders – including Jihan Wu; Matthew Roszak, Co-Founder and Chairman of Bloq; Marco Streng, CEO of Genesis Mining; Saveli Kotz, Founder of GPU.one; and Thomas Heller, F2Pool Global Business Director – came together to share their insights.
On the previous two halving rounds, the overall sentiment from the panel was positive. However, Jihan also pointed out that there is really no way to know whether the halving triggered the price surge during both events. “We just don’t know, there is no scientific data to support any theory. Crypto itself has a lot to do with psychology, some people thought the world would end when the price dropped dramatically in the past. In the long run, this is a rather small event in this industry. This industry is driven by adoption and that is a trend which is increasing,” he said.
When asked about strategies for miners around the halving, a key theme from the panel was that keeping up to date with innovations would be essential. Jihan shared that one of Bitmain’s strategies was to focus on power efficiency regardless of whether the price remained the same or not.
4. Panel discusses the traditional finance and crypto finance ecosystem
Panel Discussion 2: Traditional finance and crypto finance ecosystem
The WDMS also covered developments in the crypto finance ecosystem. Interestingly the experts dedicated to this panel all came from traditional finance backgrounds before entering the crypto sector. This included: Cynthia Wu, Matrixport Cactus Custody (Chair); Tom Lee, Head of Research, Fundstrat Global Advisor; Joseph Seibert, Managing Group Director, SVP of Digital Asset Banking at Signature Bank; Rachel Lin, Matrixport Head of Lending and Payment; and Daniel Yan, Matrixport Head of Trading.
On mainstream adoption, Rachel said that in time, authorities will have to catch up, as examples like Libra show. Adoption from the traditional finance sector ranges in many ways. Daniel shared about interested hedge funds, which eventually shied away from investing in cryptocurrencies because of regulatory insecurities and risks. Still, he believes this to be a gradual development and is convinced that it is good to go slow to give traditional players a chance to adapt to the changing environment.
When asked for a product that miners and the industry are in dire need of answers from the panelists ranged from better user interface and better interoperability, second-layer solutions over securitisation of assets and stable managing products to any product that is developed with client feedback to make sure that it will be a sustainable solution for the entire market that people will really use.
5. The top ten mining farms announced
WDMS: Winners of the Top 10 Mining Farms
To provide a platform for mining farm owners to share and exchange insights, Bitmain launched the search for the “Top 10 Mining Farms Around the World”. The contest was an invitation to those in the global mining industry to vote for the most innovative operations out there.
The top 10 mining farms were chosen based on what miners preferred the qualities a perfect mining farm must possess. Important qualities include but are not limited to the mining farm history, the condition of the mining farm, operation and management of the mining farm.
Winners from the top ten mining farms: Etix, Coinsoon, MineBest, GPU.One, Enegix, Bitriver, Block One Technology, CryptoStar Corp, DMG, and RRMine.
In order to further develop providing the industry with new opportunities and partnerships, preparation of the next World Digital Mining Summit will soon begin. The next summit will invite new and old attendees from the blockchain and mining sector to again be part of the world’s largest dedicated mining conference.
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SINGAPORE, 11 September 2019 –Bitmain – the world’s top 10 fabless chipmaker – is set to release the world’s first Big Data Analysis Report of Global Mining Farms during the World Digital Mining Summit (WDMS) on 8-10 October in Frankfurt.
The report will provide in-depth analysis and insights on the cryptocurrency mining industry – covering mining farms, to global electricity costs, site selection of mining farms and construction expenses – to help decision-makers have a more complete and comprehensive understanding of the market opportunities, risks and hurdles.
“Bitmain is proud to be leading research and development efforts in the cryptocurrency mining industry and this comprehensive big data analysis report is a successful outcome of it, thanks to our strength and experience accumulated in this industry,” said Matthew Wang, Director of Mining Farm of Bitmain.
The agenda for the two-day summit features industry investment and innovation for the mining sector. Jihan Wu (Bitmain Co-Founder), John Ge (Matrixport CEO), Marco Streng (Genesis Mining CEO), and more than 30 industry leaders will gather to share their knowledge and insights of the industry.
Keynote speech topics include but are not limited to: Decentralized Digital Mining, Mining and Power Generation，Higher Efficiency of Mining Operations, New Trends in Digital Mining, Innovating in Mining – New Revenue Streams, Development of Miner Firmware, Modular Design, and Construction of Data Center.
Participants of the WDMS can also expect panel discussions on Bitcoin Block Reward Halving and Traditional Finance and Crypto Finance Ecosystem, as well as networking dinners and opportunities of growing their network and business.
Cryptocurrency mining leaders to speak include: Jihan Wu (Bitmain Co-Founder), John Ge (Matrixport CEO), Marco Streng (Genesis Mining CEO), and more.
HONG KONG, JULY, 30 2019 – The World Digital Mining Summit (WDMS) hosted byBitmain – the world’s top 10 and China’s second largest fabless chipmaker – is set to return on 8-10 October in Frankfurt with a focus towards industry investment and innovation for the mining sector.
The second edition of the WDMS will expand its mining agenda to include various financial solutions into digital mining, mining optimization solutions, and showcase top mining and blockchain companies.
Over the two-day mining summit, attendees will have the opportunity to undertake workshops, hear keynote speeches from the industry’s leading minds, and meet new and old acquaintances from the mining industry.
Thought leaders confirmed to speak include Jihan Wu (Bitmain Co-Founder), John Ge (Matrixport CEO), Marco Streng (Genesis Mining CEO), amongst others. A full and updated list can be found here.
The 2019 WDMS will also provide attendees a chance to network with key industry decision makers, mining experts, investors and entrepreneurs.
The summit comes at an important time for the development of the cryptocurrency mining industry as the sector matures and demand for new and innovative ways to enhance digital mining grows.
WDMS continues to be the ideal setting for global miners to gather, share ideas and shape the future of the mining industry.
