THELOGICALINDIAN - During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain Jihan Wu batten about institutions absorption to cryptocurrency mining During the accident Bitdeer categorical the companys accretion partnerships and its affairs to accomplish agenda bill mining greener
Bitmain’s Cofounder Jihan Wu Is Optimistic About the Future of Cryptocurrencies and Mining
Two weeks ago, Bitdeer Group, the accumulated alignment abaft the web aperture bitdeer.com, appear the close has been accepted allotment for $12 actor from the Hong Kong accessory of Genimous Technology, Genimous Investment.
The allotment aims to be allotted against the development of Bitdeer’s billow mining services. Bitdeer was founded by Jihan Wu and is backed by Sequoia Capital, IDG, and added banking institutions.
At the Second 421 Wet Season Festival and Mining Ecology Conference, Jihan Wu, batten to the army about institutions dispatch into the agenda bill mining realm.
Wu said at the conference:
‘Creating Credible Value’
The Bitmain cofounder stressed at the accident that able-bodied accepted firms entering the crypto amplitude would abide and he expects the crypto abridgement to swell. While talking about a lot of positives in the cryptocurrency space, Wu said there will be some challenges and emphasized the industry needs to body “credible value.”
Wu added explained that agenda assets are not binding anymore and accept become accustomed by the world’s banking powers.
“This is acceptable for the industry as it indicates that it’s actuality added accustomed by boilerplate finance,” Wu remarked during his presentation. “Be it as a new operational administration for the aggregation or as a new blazon of banking investment, I accept that added and added big-name companies will abide to access this industry in the future.”
The accident additionally featured Bitdeer’s Matt Kong, Ye Jiejie, Liang Baoqing, and Matrixport’s Ge Yuesheng, carnality admiral at Bit Mining Meng Xiaoni and the CEO of Btc.top Jiang Zhuoer.
“Bitdeer Group has fabricated affairs in adjustment to acclimate to the mining industry trends and bazaar changes head-on,” Matt Kong, Bitdeer Group’s CEO said during the conference.
What do you anticipate about the statements Jihan Wu fabricated at the conference? Let us apperceive what you anticipate about this accountable in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Bitdeer Group
