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The third stop (Chengdu stop) of the "Sparks of the Prairie Fire·Mining China Tour" event, hosted by Lieyun Finance, co-hosted by Canaan, F2Pool, Diancun Technology, GSR, 99Ex, and 100P Computing Power Club, and strategically cooperated with Binance Mining Pool, came to a successful conclusion on August 21, 2020. In addition to receiving special support from partners such as VeryHash, Todek, Hundred Groups Battle Mining Summit, and RRmine Renren Mine, this event also received strong support from many media partners. At the beginning of the event, A Kun, a partner of Lieyun Finance, came to the stage as a representative of the organizer to deliver a speech. He said that Lieyun Finance is committed to becoming a resource integration service provider in the blockchain field from the perspective of in-depth content and activities. Lieyun Finance was established in Beijing in January 2018. Its parent company is Lieyun.com, which is a comprehensive platform for Chinese technology venture capital and has obtained strategic investment from Alibaba, Shanda, and Lenovo Capital. He also said that in the past two years, Lieyun Finance has held hundreds of offline blockchain events, including two summits with more than 1,000 people. In the future, it will work with more partners to jointly promote the development of the entire industry .
A Kun, partner of Lieyun Finance, followed by Yao Xianjun, vice president of overseas sales of Canaan, who gave a speech. In his speech, he pointed out that Canaan is a leader in super computing power solutions and maintains a leading position in both blockchain and artificial intelligence. Canaan designed and delivered the first batch of ASIC-based blockchain computing devices and is the second largest blockchain computing device design and manufacturing company, accounting for 22.9% of the total computing power of global blockchain computing devices. He also pointed out that as of March 31, 2020, Canaan has accumulated 93 patent intellectual property rights, 45 IC layout design rights and 89 software copyrights .
Yao Xianjun, Vice President of Canaan Overseas Sales, and Anjo, Head of GSR Asia Pacific BD, also gave a speech. She said that the entry of OTC funds has changed the original computing power economic system, the internationalization of the entire network computing power has increased, and the professionalization of mining companies has also increased. She also pointed out that GSR was founded in 2013 and is the first market maker in the field of digital assets . The long-term goal is to work with everyone to create a more efficient, professional and large-scale computing power economic ecosystem.
Anjo, BD Director of GSR Asia Pacific, followed by Wu Di, Business Director of Binance Pool, pointed out that miners face many pain points from the aspects of mining farms, mining pools, and finance. For example, the handling fee is low during the mining pool test, but the handling fee is high during the formal operation . He also said that Binance Pool has always been committed to improving miners' income . It solves miners' problems, increases miners' income, and solves miners' problems through financial and technological means, bringing the dividends of mining to ordinary users .
Wu Di, Business Director of Binance Mining Pool, and Wendy, Business VP of Diancun Technology, pointed out in their speeches that the inclusion of blockchain in new infrastructure will be more conducive to the innovation and application of blockchain technology , and help China's blockchain technology mature. She also said that in 2025, the annual increase in global data will reach 175ZB, which is approximately equal to the capacity of 46.976 billion 4T hard drives. It is expected that the global storage market value will reach the trillion-dollar level, and cloud storage will reach the hundred-billion-dollar level . Filecoin combines distributed storage and blockchain technology, and has great due value and market space. In addition, she also emphasized that Diancun Technology is a technology company that optimizes the technology of the Filecoin network, customizes hardware, and provides hosting services .
Wendy, VP of Business at Diancun Technology, finally, Cai Yongxu, COO of Miner Dad, delivered a wonderful speech. He said that this flood season has taught everyone another lesson, but compared with the past, this year may be the best flood season . He also said that mining settlements were based on mental arithmetic in the early days, and later progressed to using calculators. In the past 12 years, most people still use EXCEL for reconciliation. The Miner Dad mining circle management system was born for refined management .
During the roundtable session, Miner Dad COO Cai Yongxu had an interesting and informative discussion with Lieyun Finance Editor-in-Chief Wang Xuejing (guest host), F2Pool COO Dayu, Diancun Technology Business VP Wendy, Binance Mining Pool Business Director Wu Di, and Duomi Technology Co-founder Gao Fei .
Wang Xuejing, editor-in-chief of Lieyun Finance, said that the competition among platforms or projects is essentially a competition for users . Whoever wins the hearts of users will win the initiative in this competition. She also pointed out that the development opportunities and challenges of the industry coexist. Some challenges are opportunities from a side view. The key lies in how to grasp them. For the future, no matter what the market is like, whether it is a bull market or a bear market, we hope to be able to cross the bull and bear markets with everyone. F2Pool COO Dayu said that for large funds or practitioners who have not mined Bitcoin before , this is a good time to enter the market. However, it should not be done without scruples. It is necessary to cooperate with some better hedging methods. Such operations are basically risk-free . Wendy, VP of business of Diancun Technology, pointed out that the current market has a blood-sucking effect in the short term. Most of the investments will enter the market if they can make money in the short term, that is, they will enter the market at a high price . But in the medium and long term, large miners still focus on mining Bitcoin. Wu Di, head of business of Binance Mining Pool, told everyone that if financial means are used reasonably, stable returns can be obtained even in extreme market conditions . Although the yield rate is decreasing, the scale is actually increasing, especially with the entry of large funds. The current layout of Bitcoin mining is the best time to enter the market in recent years. Regarding the issue of mining and cryptocurrency speculation, Gao Fei, co-founder of Duomi Technology, said that mining is different from cryptocurrency speculation. Mining is playing with the industry, while cryptocurrency speculation is just a taste of the industry. The two paths are not the same, and the touch of the industry is also different . He also pointed out that mining is essentially a business of investing money to make money, and it is not like buying a good car. Mining does not necessarily require buying the most expensive machine, but a medium-to-high-end machine, and the timing of investment must be considered .
This event provides a borderless communication platform for industry practitioners and enthusiasts to jointly promote the development of new infrastructure, which has been well received by everyone. The next cities of Lieyun Finance Mining China Tour include Zhengzhou, Beijing, Shenzhen, Xiamen, etc., so stay tuned!
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