Mining giant Bitmain invests in crypto standardization platform BitFuFu

HONG KONG, April 7, 2021BitFuFu, the world’s first crypto mining standardization platform, has made an official announcement that Bitmain, the biggest mining firm in the world, has invested in the previous’s platform. The funding might be used to additional assist the efforts of each firms towards reaching a mutually helpful collaboration and facilitating the continuing improvement of the mining trade.

Following bulletins of the strategic partnership, BitFuFu formally acquired funding funding from the world-renowned mining firm, Bitmain. Bitmain and BitFuFu are becoming a member of fingers to increase to future markets in mining, in addition to the total integration of instruments from each side, reminiscent of mining gear, mining amenities and trade experience.

The mining giant has been a strategic accomplice of BitFuFu, and in accordance with firm representatives, Bitmain intends to proceed to assist the BitFuFu platform by way of its invaluable mining assets and connections, together with mining machines, swimming pools, and so forth. BitFuFu and Bitmain intention to overtly collaborate with one another to realize mutual advantages in the long term and to additional bolster the event of the crypto mining ecosystem.

An organization consultant at Bitmain mentioned that the long run targets of Bitmain entail a heavy emphasis on the enrichment of cloud computing tech and the mixing of its assets. BitFuFu has presently launched a joint login perform with Antpool. Users now solely want one platform account to entry each providers, eliminating the necessity to construct, login and keep a number of accounts. This improves the person expertise and provides flexibility for purchasers to simply change between cloud computing providers and mining by way of the BitFuFu platform, which permits prospects to regulate in accordance with market circumstances and sentiments.

BitFuFu was formally launched on Dec. 15, 2020, because the trade’s first computing energy standardization portal. BitFuFu adheres to the beliefs of transparency and computing energy standardization, and in February this year, the platform reached a strategic settlement with Bitmain and has since established a dependable provide of mining assets and connections to the accomplice establishments of Bitmain.

For additional details about BitFuFu and its collaboration with Bitmain, please seek advice from the official website.

About BitFuFu

BitFuFu is the world’s first platform to supply crypto mining providers to customers with standardized mining hash charges. The intention of BitFuFu is to offer customers entry to Bitcoin at a decrease value. By collaborating with Bitmain, its hash fee merchandise have achieved first-class service by way of one-click transactions, eliminating difficult steps, reminiscent of deciding on correct mining and mining machines, upkeep of machines, and connection of mining swimming pools. The BitFuFu platform permits prospects to entry the world’s high miners, reminiscent of Bitmain, Whatsminer, Innosilicon and worldwide mining farms in Russia, the United States and China.

Official web site: https://www.bitfufu.com/

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