PRESS RELEASE. Since Might 30, the BTC mining problem has lowered for four instances in a row. The mining rig migration is constant, resulting in a surge of incomes in mining farms exterior China. With early format of mining farms exterior China, BitFuFu takes the result in restart working plan and restock new mining plans. As the primary cloud mining platform that restarts working plan within the , BitFuFu offers customers with a mining feast from a drop of problem.

Early transfer makes BitFuFu the industry-first platform to restart working plan

Due to its forward-looking format within the mining farms exterior China, BitFuFu outpaces different platforms to restart working plan.

As early as the start of this yr, BitFuFu has began its growth to mining farms exterior China. On April 16, affected by outage in some areas, the BTC community hashrate suffered a plummet. With quick response, BitFuFu transferred affected hashrates to different mining farms inside 12 hours and its customers have been barely affected. From this, BitFuFu turns into extra conscious of the significance of mining farms exterior China and accelerates its format efforts.

From the tip of Might, the shutdown of quite a few mining rigs has resulted in four consecutive declination of mining problem since Might 30. The cloud mining has not been spared and a number of other platforms refunded affected mining plans. Associated loses have been borne by customers, and a few platforms even instantly took associated companies off the cabinets.

At this level, BitFuFu has signed a ten-year strategic cooperation settlement with Bitmain and pre-booked masses from a number of mining farms exterior China to rapidly change mining plans bought by customers to those mining farms for operation and safeguard their pursuits.

BitFuFu quickens its mining rig migration and strives to restart working plan. One plane can transport about four,000 units of mining rigs. Emigrate mining rigs on the quickest velocity, BitFuFu takes complete actions and charters planes to ship mining rigs to Kazakhstan, North America and different locations for a number of instances. As well as, this platform assigns particular individuals to keep up 24h communication with logistics, airports, customs and mining farms for well timed negotiation and dealing with of issues in any hyperlink. All these efforts guarantee seamless, environment friendly and clean connection between transportation, customs clearance, and set up of mining rigs.

It takes solely round one week for the primary batch of BitFuFu mining rigs despatched to North America from takeoff to power-on. BitFuFu has efficiently migrated tens of hundreds of mining rigs in lower than one month to restart all working plans with little influence on bought working orders. All delivered mining rigs are newest Antminers S19i, together with 20,000 units and 80,000 units to mining farms in North America and Kazakhstan respectively.

Thus, BitFuFu turns into the primary cloud mining platform that restarts all working plans within the .

Let customers expertise the wonderful mining service from problem drop

The hashrate output per unit has risen considerably as mining problem declines. Based on, earlier than the plunge on Might 30, the revenue of per T (PPS) was zero.00000502 BTC, which soared to zero.00000920 BTC on July 20 by 83.27%. The currency-based incomes of mining rigs working in mining farms exterior China are rocketing.

At present, masses in mining farms exterior China are principally saturated, and newly-built or expanded mining farms received’t be put into operation till the tip of this yr. BitFuFu’s present mining farms can be found for fast mining, and customers can share the dividends from rising output inside the window interval with decrease mining problem. The brand new mining plan restocked by BitFuFu are wanted amongst customers.

Along with hashrate plans, this big platform additionally unveils the mixed service of spot and mining, which is bought out inside 1 hour after pre-sale. Customers can ship a sequence of operations to BitFuFu, reminiscent of number of mining rig, transportation, placing on shelf, operation and upkeep and accessing to swimming pools. BitFuFu not solely makes mining less complicated but in addition presents customers with advantageous costs and low electrical fees via platform batch buy.

Bitmain technique

Benefiting from full assist of the mining behemoth Bitmain, BitFuFu can guarantee mining rig provide with a beforehand format of mining farms exterior China and turn into the primary platform to restart working plan within the . In February 2021, BitFuFu introduced a strategic partnership with Bitmain to obtain premium mining rigs and swimming pools from Bitmain. In April of the identical yr, BitFuFu will get Bitmain’s strategic investments and good points additional fund and useful resource helps. Sooner or later, BitFuFu and Bitmain will joint arms to debut and provide new technology of knock-out merchandise the world over.


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On Behalf, Urllure P.L.


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