BITMAIN Successfully Hosted WDMS Global 2022 in Cancun, Boosting Industry Confidence

The World Digital Mining Summit Global 2022 was successfully held by BITMAIN—the world’s leading manufacturer of cryptocurrency mining servers through its brand ANTMINER, and its strategic partners ANTPOOL, ANTALPHA, and BITFUFU, in Cancun, Mexico, from November 8 to 10. Top-level speeches were delivered about PoW ecological construction, a new trend of hydro cooling, opportunities in a bear market, the potential of cryptocurrency mining in Latin America,  Bitcoin and carbon neutrality, and more, boosting the industry’s confidence and vitality.

During the first day of the summit, Javier Abraham Ayuso Sánchez, General Director of Technology and Innovation for Quintana Roo, and Aurora Aguilar, Public Relations of the Municipality of Cancun, spoke at the opening ceremony. They expressed utmost gratitude towards BITMAIN for holding WDMS Global 2022 in Cancun. They praised the employment opportunities and growth potential that the blockchain, cryptocurrency, and cryptocurrency mining industries would bring to Cancun.

Max Hua, CFO of BITMAIN, spoke on behalf of the company and thanked everyone in attendance for joining and continuing the long-lasting support of BITMAIN. Hua believed that challenges and opportunities coexist, and official stances toward cryptocurrency and Web3 development are expanding in countries and regions such as Hong Kong, the USA, Japan, Norway, Dubai, South Korea, and the United Kingdom. Hua mentioned the brilliant performance of the ANTMINER S19 series and expressed his confidence that the hydro cooling technologies delivered through the ANTMINER S19 XP Hyd. will help miners to prepare in the bear market and prosper during the bull market.

Shengqiang Xiao, President of the Mining Division at BITMAIN, delivered a speech on BITMAIN: Forging Ahead With a New Momentum. She introduced the various support, service, and partnership models offered to customers and partners and introduced the business team of the company. BITMAIN, partnering with trusted customers and partners, will strive to build a healthy business environment and create a sustainable mining ecosystem. She emphasizes that hydro cooling is the future of the mining industry, BITMAIN will provide the world’s highest-performance products at the most competitive prices.

Irene Gao, Head of Sales at BITMAIN, made a detailed introduction on the performance and advantages of the ANTMINER S19 XP Hyd. which is the latest generation of the hydro cooling miner of BITMAIN. During her speech, Gao introduced the hydro cooling consignment program of BITMAIN: BITMAIN and its partners jointly build a hydro cooling data center, where BITMAIN provides hydro cooling containers and data center construction solutions and hosts hydro cooling miners. Partners provide the site, power and water resources, and data center construction and operation. The two sides would reach a long-lasting partnership, preparing during the bear market and prospering during the bull.

Xmei Lin, Head of Marketing at BITMAIN, presented a speech on PoW: Now to the Future. She introduced that from a technical perspective, PoW consensus is more decentralized, more secure, and better able to cope with kinds of vetting. In regards to PoW mining, the general public has a misunderstanding about its waste of energy and environmental pollution. PoW mining does not produce carbon dioxide and other pollution emissions. Secondly, PoW mining accounts for less than 0.2% of global energy consumption, offering impressive economic benefits and employment opportunities.

Lin said BITMAIN had long been a PoW believer and evangelist, committed to PoW ecological construction and community development, including ETC, LTC, and other PoW currencies, and would also explore more cooperation opportunities with Tether. Lin also announced that BITMAIN had jointly launched ETC Grants DAO with ETC Cooperative, and ETC core developers to support ETC ecology. At the same time, to better support the long-term development of ETC, customers who purchase miners and containers from BITMAIN’s official website could enjoy a discount of 5% by using ETC to pay.

Representatives from BITMAIN’s strategic partner companies shared innovative speeches. Leon Lyu, CEO of ANTPOOL, and Max Liao, Managing Director of Business Development at ANTALPHA, introduced the business models and services of ANTPOOL and ANTALPHA. As the world’s leading PoW mining pool, ANTPOOL has been committed to providing safe, stable, and efficient mining pool services. ANTPOOL has also actively participated in the ecological construction of the PoW community. As the world’s leading venture capital and financial asset management institution, ANTALPHA is committed to providing miners with high-quality, low-risk financial services and products to help miners to survive the bear market and get new life in the bull market.

In addition to the speakers from BITMAIN, experts and scholars, community pioneers, and opinion leaders also made brilliant speeches. Paul Steiner, the President of the National Commission for Small and Micro Business of El Salvador, shared his ideas on the development of Bitcoin and mining in the country. Ruslan Zinurov, CEO of Merkle Standard, shared his experience in hydro cooling mining. Professor Haitian Lu from The Hong Kong Polytechnic University shared his latest research achievements in the field of Bitcoin and carbon neutrality. Paolo Ardoino, CTO of Tether, shared the importance of stablecoins to the cryptocurrency financial industry. Representatives from PoW communities shared the latest progress of their public blockchain and their mission and vision.

In addition to the speeches, several activities took place during the summit. BIMAIN launched the next-generation of CKB miner, ANTMINER K7, which boasts a hashrate of 63.5T, power consumption of 3080W, and power efficiency of 48.5J/T. WDMS Global 2022’s first-ever themed NFT commemorative ticket was well received, and the highest transaction price exceeded 10 ETH. The activity of registering for WDMS Global 2022 NFT to lock KA3 purchase priority attracted many customers’ active participation. At the much-anticipated Cancun S19 XP Hyd. Blast, the price of the ANTMINERE S19 XP Hyd. was revealed to be 19 $/T. In appreciation and support towards customers, the price was further reduced to 18.5 $/T finally, which made the customers excited.

In an era of continuous transformation, a period overwhelmed with uncertainty, only those who dare to step into the future of endless possibilities can seize the moment and unlock new opportunities. With detailed and rigorous data analysis and professional and accurate industry prediction, the speeches from BITMAIN and experts boosted the industry’s confidence. A variety of motivating activities stimulated the vitality and enthusiasm of the participants. Build together with BITMAIN during the winter of 2022 for a more prosperous spring in 2023! WDMS looks forward to meeting you again at WDMS Global 2023!