Hot News

Hot News

副标题

The Ready Player One, jointly created by several internationally renowned institutions such as Golden Collar U.S.Venture Capital Inc, is a digital ecological platform for games based on blockchain ...
2023-02-01
BitPencil (https://bitpencil.xyz/), a decentralized financial derivative agreement initiated by the Access Bitcoin Foundation, its business includes funds, insurance, options and other financial de...
2023-01-31
CoinGecko, a leading and comprehensive blockchain data statistics platform, has officially listed FAMEEX on its platform. FAMEEX is a secure global cryptocurrency exchange with a community spanning...
2023-01-06
The CATASTROPHY team has unveiled a pioneering offering, MultiPass, which repurposes non-fungible tokens (NFTs) as decentralized identities (DIDs) and serves as a cross-chain, cross-application mem...
2023-01-05
7*24

7*24

副标题

Funversy, the first NFT ecosystem built on the BNB network, recently launches its Beta Version and updates the functions of Launchpad, Farm and Trade, is committed to creating a new NFT platform wi...
2022-10-28
dYdX said on its social platform that due to excessive user participation, the activity of depositing more than $500 to get a $25 bonus has been stopped. Yesterday's news, dYdX announced that it wi...
2022-09-02
The data on the Tokenview chain shows that the current total holdings of Grayscale is 18.276 billion US dollars, and the trust premium rates of mainstream currencies are as follows: BTC, -32.69% ET...
2022-09-02
Yuga Labs metaverse project Otherside released a new promotional video on its social platform, and hinted that the project may announce new plans in Q4.
2022-09-02
The market shows that Ethereum hit $1,600 per piece, up 1.27% on the day.
2022-09-02
Johnnie Walker, a world-renowned whisky brand, has announced a partnership with NFT marketplace BlockBar and Web3 consultancy Vayner3 to release two new limited-edition "JohnnieWalker Blue Label Gh...
2022-09-02
According to the official Twitter, Volt Protocol and external auditors completed the economic and technical review of Compound Labs v2.0. It also identified risks common to loan pools, as well as C...
2022-09-02
Former Binance Labs head Bill Qian has joined Dubai-based cryptocurrency investment firm Cypher Capital as chairman. Qian will oversee the management and operations of Cypher Capital, which he said...
2022-09-02
According to Reuters, outflow documents show that the U.S. Department of Justice’s anti-money laundering unit in 2020 asked Binance to voluntarily hand over information about Changpeng Zhao and 12 ...
2022-09-02
According to the tip of Twitter user @SomerEsat retweeted by Yearn core developer banteg, the current updated versions of the Ethereum staking consensus client are as follows, Lighthouse's v3.1.0 v...
2022-09-02
Blockchain company Stably announced the issuance of its stablecoin USDS on the XRP Ledger (XRPL), and Ripple will provide Stably with the technical support needed to integrate USDS with the XRP Led...
2022-09-02
At the 2022 World Artificial Intelligence Conference, Qualcomm President and CEO Cristiano Amon's keynote speech pointed to the Metaverse. Ammon believes that the metaverse is the future of the Int...
2022-09-01
64 Celsius escrow account holders filed petitions in bankruptcy court, asking Celsius to return their funds outside of the proceedings. On Wednesday, the panel petitioned the New York Bankruptcy Co...
2022-09-01
The NFT series Fresh Fruit by Doja Cat x JBL released by Doja Cat and JBL headphones has been launched on the music NFT platform OneOf. NFT holders will have the opportunity to get front-row seats ...
2022-09-01
Middle Eastern cryptocurrency exchange Rain Financial has carried out a round of layoffs, although the number of layoffs was not disclosed. Rain Financial said, "We have to adjust future plans to e...
2022-09-01
Paul Veradittakit, a partner at Pantera Capital, said in his personal blog that now is a good time for well-capitalized crypto companies looking to expand their hiring, and Pantera Capital and its ...
2022-09-01
Indonesia’s government will launch a crypto exchange by the end of 2022, aiming to protect consumers amid growing interest in digital currencies, said Jerry Sambuaga, Indonesia’s deputy trade minis...
2022-09-01
According to Dune data, in August, the transaction volume of NFT platforms was US$750 million, down about 9% from the previous month, of which the transaction volume on OpenSea was US$496 million a...
2022-09-01
According to Tokenview data, Tether has officially frozen 16 USDT addresses since August, with a total amount of 18.98 million USDT.
2022-09-01
Binance Connect, a payment infrastructure provider backed by Binance, announced a new partnership with crypto wallet SafePal, according to an official Binance announcement. Users in SafePal will be...
2022-09-01

ANTPOOL participates in POW mining closed meeting at Miami Web3 Summit

Issuing time:2022-12-02 17:06

The highly anticipated Miami Web3 Summit, hosted by the CTH Group, Atlas and the City of Miami, was held from 28 to 30 November 2022 and brought together Web3 leaders, policymakers and investors to discuss the latest crypto technologies and the future of Web3. Even in the midst of a cryptocurrency market slump, it was worth noting that more established institutions and influential companies have participated in this conference.

0.1.png

As a globally advanced digital currency mining platform, ANTPOOL has always maintained a good relationship with Web3 infrastructure provider, Atlas. ANTPOOL was invited by Atlas to not only set up a booth at the summit to interact with the attendees, it has also participated in several BTC mining-related closed meetings led by ATLAS.

Those who participated in the closed-door meeting unanimously agreed that the profit margins related to mining have been greatly compressed due to the decrease in digital currency prices and the increase in energy costs. This is similar to the past cyclical decline of cryptocurrencies and this has greatly challenged the economic benefits of miners. As the Fed continues to hike up its interest rate, a potential economic recession is fast approaching, causing serious risks to the market.

0.2.png

Being in the midst of a bear market, ANTPOOL, Atlas and the participants also believe that it is currently the best time to plan for the future of the bull market. Through various brilliant sharing and discussions, here are three points that were unanimously agreed upon:

1.     The current bear market phase is the best time for companies and miners with better management to plan and enter the market. As more people and companies continue to join the market during this phase, it is believed that the distribution of BTC hashrates will be more decentralized and globalized in the future, which will also progress decentralization in the whole industry.

2.     At the same time, BTC mining will further promote the use of green energy and technology development. Mining companies will strive to find and promote clean energy technology development, lowering the cost of clean energy and hence significantly increase its usage in the future.

3.     Strengthen the collaboration with the government and meet regulatory standards to move the entire mining industry towards a more compliant direction. Both ANTPOOL and Atlas are working hard to cater to government policies and promote the betterment of relevant laws and regulations.

As one of the largest PoW mining pools in the world, ANTPOOL advocates decentralized PoW consensus by Satoshi Nakamoto, and fully supports BTC, ETC and other PoWs tokens. ANTPOOL has always devoted itself to the development and maintenance of the PoW ecosystem. It is committed to leading the blockchain industry using technology and to embracing a bright future with infinite possibilities.