Place/Date: China - August 20th, 2020 at 11:49 pm UTC · 5 min read
Source: HashCon 2020 & New Infrastructure Mining Summit
Bitcoin finally broke the resistance zone of $12,000, ETH transaction fees are also skyrocketing with the price of moving tokens around on the Ethereum blockchain continuing to balloon, China’s Sichuan has encouraged blockchain companies to help consume excessive hydroelectricity in the rainy season, Filecoin mining is in full swing now.
The excitement of making a fortune, the anxiety of new games and new things is what every practitioner in crypto mining space is experiencing.
Chengdu, the world’s bitcoin mining capital, is about to host a brand-new mega mining conference – the HashCon 2020 & New Infrastructure Mining Summit from Aug 22- Aug 23.
The traditional giants and the new rich in Filecoin from crypto mining industry will gather in Sichuan to share new information and explore the future potential of crypto mining industry.
The summit, an update of the New Era Mining Summit, will be held jointly by inbtc (Bitcoin mining machine maintenance service provider started by leading mining pool Poolin cofounder Zhu Fa), 8BTC (China’s oldest and most influential crypto and blockchain media), and ChainNode (China’s largest and foremost bitcoin forum), as well as supported by Chengdu’s government.
The direct and indirect investment scale of the new infrastructure is as high as 30 trillion Chinese yuan. On the morning of August 22, the first roundtable discussion focused on crypto mining industry, and how the supercomputing industry could make use of the new infrastructure to realize the compliant development.
Crypto exchanges like Huobi, Binance entered the mining pool field, traditional capital invest in mining, and mining finance was in full swing, ETH network miners have been raking in almost 5 folds the fees collected by their BTC rivals.
Change is opportunity. This roundtable invites mining pool and financial service providers. They will decode the new mining opportunities in 2020 and new strategies for transformation.
The participants of this roundtable are the most popular knowledge-oriented online celebrities in the cryptocurrency community. What are they thinking about recently? What are their judgments of the future of the industry? It’s going to be 40 minutes of high-speed brainstorming.
Mining practitioners are also ordinary investors. In 2020, apart from mining industry, how to maintain and increase the value of assets and even outperform the stock market through cryptocurrency investment? The participants of this roundtable cover financial institutions, miner makers, exchanges, investment institutions They are a group of people who know the most about capital and trading in the crypto space.
With the popularization of DeFi liquidity mining, the income of Ethereum miners skyrockets. The mainnet of Filecoin will be online soon. minor coins overtaking on the curve, GPU and IPFs is in its heyday. Guests of this roundtable will tell from respective fields how the mining industry is heading for a new blue ocean.
Bitcoin is the first application of blockchain in value storage, Ethereum is the first application of global computing network, while Filecoin is completely different, which will be the first application in global data storage. Today, although the mainnet of Filecoin hasn’t been launched, the related industry is growing rapidly. From miner manufacture to IDC machine room building, the whole industry chain is complete.
How do old-school miners transform into Filecoin miners? When is the right time for mining? Who is the leader in this industry? The guests in this roundtable are definitely the top players in the storage field.