On November 24th, Bitmain joined hands with Matrixport to host the Mining and Investment
Summit 2020. This half-day online event brought together the top leading
companies in the fields of Cryptocurrency Mining and Digital Asset Financial
Services, which delivered the latest and most significant Global Mining Trends,
Risk Management, and Investment Opportunities currently happening in the industry.
The Mining and Investment Summit
featured three keynote speeches and three-panel discussions. Su Ke, Sales
Director of EMEA CIS Region of Antminer, participated and delivered the very
first keynote speech, in which he addressed the current market trends, especially
the growing demand for miners. He also announced the launch of Bitmain’s new
products – Antminer S19j and S19j Pro,
following the significant success of the 19 Series. The delivery date for this
miner is set in June for China and July for the overseas market.
Su Ke then introduced Bitmain’s recent rack-style new product – AntRack, highlighting its key features, such as its modular design with hot-swappable features, upgradable hash boards, and the water-cooling unit. Su Ke also announced the AntRack to have an estimated availability in May 2021.
Following Su Ke’s presentation, Cynthia
Wu, Head of BD and Sales of Matrixport, and Eugene Ng, Director of BD of
Matrixport, discussed how miners could maximize gains and hedge risks in
today’s market. They discussed Matrixport’s products of hedging with a
leveraged bear, buy an insurance (buy a protective put), dual currency product,
smart trend, and lending. This was followed by Thomas Heller, COO of Compass,
who explained the current state of Bitcoin mining. In the panel discussions,
industry elites talked about the global mining landscape, interesting mining
trends in 2020, as well as the operations and investment into mining.
The summit came at a crucial time for
the industry as the market demand for new and…