Born to be perfect, Hummingbird has no boundaries——Interview with Wu Haoran, Vice President of Hummingbird Miner

The Hummingbird Miner was invested by Mr. Chen Weixing, the founder of Pancheng Capital, a well-known investor. It is a new product of Zhichen Technology, a chip company under Pancheng Group. It was created by a team of first-class technical experts in the industry for 7 months. The first mining machine has reached the level of first-line mining machines and successfully entered the mining circle market. Recently, Kiki, the currency website, was fortunate to invite Mr. Wu, the vice president of Hummingbird Miner, for an exclusive interview. The following is the content of this interview.

Kiki from CoinMiner: The launch of the Hummingbird Miner held in Chengdu on October 27 attracted a lot of attention. What is the brand positioning of the Hummingbird Miner?

Wu Haoran: Let me first tell you what our original intention was. Since hummingbird means speed and agility, we hope to achieve a mining machine brand with both excellent performance and good comprehensive services through differentiated positioning. We also want to take root in the underlying construction of Bitcoin, especially blockchain projects.

Kiki from MiningCoin.com: The Hummingbird Miner quickly entered the mining market soon after its launch. At this stage, are the users of the Hummingbird Miner global or mainly domestic?

Wu Haoran: Our user groups initially tried both domestic and foreign markets. Currently, we focus on the domestic market, while also developing overseas markets. Because overseas markets involve complex after-sales and customer systems, we hope to set a good example in China and then gradually improve our overseas markets.

Kiki: The detailed parameters of the next-generation chip H9pro were announced at the Hummingbird Miner Conference held in Chengdu. Mr. Wu, have the H9pro series chips been successfully taped out? When is it expected to be mass-produced and released?

Wu Haoran: We announced the parameters of the second-generation chip H9pro at the press conference. The energy consumption ratio of the first-generation chip is 65W/T, and the energy consumption ratio of our second-generation chip is 40W/T, reaching the mainstream level. We will also release other detailed information at the next meeting.

Kiki from the Coin Mining Network: Currently, the models released by Hummingbird Miner are mainly Bitcoin mining machines. Are there any plans to develop models for small mining currencies in the future?

Wu Haoran: Actually, during the research and development process, some small currency project parties came to us. Compared with Bitcoin, small currencies have greater risks and relatively less experience. We have no plans to make small currency mining machines at this stage.

Kiki from Miningcoin: The Hummingbird Index innovatively provides a comprehensive model that not only reflects the comprehensive performance and investment payback period of mining chips in a concise and intuitive manner, but also becomes a powerful tool to help investors make scientific decisions. It will also point out a new direction for the design optimization strategy of mining chips. What is the starting point for Hummingbird to contribute this industry indicator? Have you ever thought of using it as your own technical barrier?

Wu Haoran: Because the current energy efficiency ratio indicator in China is the main focus of competition among various mining machine manufacturers, a very beautiful energy efficiency ratio may eventually become unattainable. Customers who place an order and receive a mining machine may not experience the corresponding energy efficiency ratio. The original intention of releasing the Hummingbird Index is to allow investors to have another side indicator to look at the technology and actual situation of the mining machine.

The Hummingbird Index is only an observable evaluation standard, and it may require more professional and neutral organizations such as Wabi.com or other media organizations to jointly maintain, operate and build it. We still focus on extreme stability and better maintenance of the operating efficiency of mining machines.

Kiki from Miningcoin.com: Canaan Creative officially went public on November 21. What do you think of Canaan Creative's successful listing in the United States? Will Hummingbird choose this path in the future?

Wu Haoran: For us, at this stage, we need to make more competitive and better products, so that our brand can be recognized by the domestic and foreign markets, and we can serve the miners with a better service attitude. If there is a need for financing, we will not rule out this method, but it is still a little early for us to consider listing. We will refer to some countries that are more friendly to mining or Bitcoin, such as the United States, Canada and some European countries. We are optimistic about listing.

Kiki from MiningCoin.com: Can you briefly analyze your personal views on the future market trends of the mining machine industry?

Wu Haoran: Because the computing power has grown rapidly this year, I personally feel that the computing power has reached a relatively stable state so far. The reasons may be that the first is that the flood season has passed, and the second is that with the emergence of new models, old models are also being eliminated. There are now more and more mining machine manufacturers. In the future, mining machines, mining pools and other services will move towards a more refined and professional direction.

Kiki from MiningCoin.com: 2020 is coming soon, what is the future development plan for Hummingbird Miner?

Wu Haoran : In addition to making better products and surpassing performance as just mentioned, we will provide some services through some smart accessories and remote data analysis, and then combine our brand and characteristics with some important industrial nodes to form a high-quality industrial system. We will cooperate with more industries at home and abroad, including mining services other than mining machines, and introduce financial concepts. We will try to combine our greatest advantages with the strengths of others to create a more perfect service system.

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