Mining industry welcomes big change: BitFuFu will become the official cooperation computing platform of BitFuFu mainland

On February 22, Bitfufu.com, a mining platform for global innovation and standardization of computing power, announced a strategic cooperation with Bitmain, a mining machine giant. The two sides will carry out in-depth cooperation in mining machines, mines and pools. Later, the two sides will also jointly launch the sales and supply of the new generation of products, and jointly explore the global market. With Ant Mining Machinery as the supplier of computing power and customer as the center, Beitfufu will continue to provide the best computing service for global customers.

Bit rich rich is a global innovation is not standardized mining platform, it will calculate their own force field and cooperation in the work force in time-sharing lease let users easily dig, the mill is placed in the professional mining machine hosting the games, the professional team is responsible for the search for cheap energy, and the mill management and operations, without user, the user you just need to press day get dig minerals out.

Today, mining has become a relatively mature industry, the size of the mines is getting bigger, more and more money into the industry. In the future, cloud computing power will play an increasingly large role in the mining industry. Cloud computing power can not only provide individuals with a more "neutral" investment method, the threshold is lower than the self-built mines, the risk is lower than short-term operation, the cost is lower than the market price to buy, but also allows the mines to share the cost and reduce the risk, to obtain more comfortable cash flow.

Why are mining giants working together to create computing platforms?

For Beitfufu, the choice of the global mining machine giant Ant mining machine as the computing power supplier can strengthen the promotion of its resource integration in the industrial chain, so that users can get high-quality resources at a low price, get stable and reliable services, and easier to cash in. On Bitfufu platform, the mining cost mainly includes the mining machine per T calculation force fee and each electricity fee. The platform will no longer charge anything for each electricity bill, which is cheaper than the market rate. In addition, the income from mining on Bitfufu is directly transferred from the third-party mining pool to the address of personal wallet. All mining output belongs to the user, and the platform does not participate in income distribution. From this point of view, whether it is a long-term stable mining miners users, or in the short term want to try a T income of computing mining investors, mining through bitfufu cloud computing power is a good choice. With the support of Bitmain, Bitmain can provide customers with better service and more secure guarantee, and provide customers with open, fair and transparent real mining services.

For Bitmain, the cooperation with Bitmain can help link up the resources of the upstream and downstream mines and pools of the industry, and bring long-term stable cash flow to Bitmain. At the same time, Bitmain will also be able to obtain and convert more potential mining machine buyers.

It is reported that Ant Mine Pool has decided to carry out deep cooperation with Bit Fufu, to provide stable access and operation escort for Bit Fufu users. Bitmain's mines will also provide hosting services for Bitmain. Bitundang Mine has an all-round professional team including mine operation and maintenance, maintenance, electrical, network and system development. The workshop construction is of high standard and high quality, and the intelligent operation and maintenance system is used to monitor the state of mining machines in real time. In the past, we have been providing services to its big customers. After this cooperation, we will bring more professional mine services to the users of its platform. At the same time, Bitfufu also launched the promotion of self-operated mining packages hosted in Bitmain Mine, including many high-discount limited mining packages such as 0 yuan purchase and half price purchase.

What impact will the two sides bring to the mining industry?

The cloud computing power platform can provide customers with more open, fair, transparent and cost-effective real mining services. At the same time, it can also use a decentralized way to release the intermediate link profits to users to a greater extent. As the cryptocurrency market enters a new bull cycle, the industry, led by Bitmain and BitFutu, is expected to see more mining machine manufacturers increase their presence in the cloud computing space, and thus attract more cloud computing service providers to cooperate.

What will be the impact of this trend on the mining industry?

We believe that when more and more mining machine manufacturers cooperate with cloud computing service providers, it is bound to promote the development of "computing standardization". This is because computing has gradually evolved into an abstract digital commodity after the emergence of Bitcoin. Standardization is the only way to better circulation in the future. In the process, mill manufacturers play a more "work force commodity producers, the role of the cloud to calculate force service providers would become" work force commodity distribution channels, when the two sides reached a cooperation, supply and marketing integration pattern is formed, then to calculate the force product trading and liquidity to become more efficient, to promote the benign development of mining industry. Take Bit Fufu as an example, they put forward the concept of mining computation standardization for the first time in the industry, that is, the same series of multiple models according to the intelligent scheduling into a unified standard power consumption (energy efficiency ratio), for users, can be more convenient, more intuitive to the mining calculation, selection; For partners, it is also easier for mining machine manufacturers and mines to settle in the market. The platform will soon launch computing trading and multi-computing mining direct business.

Just as BitFuFu pointed out on its product positioning when it launched: "Standardization avoids messy conditions and multiple variables, not only improves the transparency of commodity prices, but also standardizing the industry standards, reducing the information asymmetry between the two sides of the transaction and increasing the credibility of the industry.

The reason why the concept of cloud computing mining can be recognized by most people and quickly attract the attention of the market is that its product form has a strong market demand. With the mining machine giants increasing their investment in this field, the future prospect of the industry is predictable.

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