Bitmain will present a comprehensive report on the state of the mining industry

Chinese mining giant Bitmain will present a detailed report analyzing data on global mining farms at the World Digital Mining Summit in October. This is stated in the press release of the company.

In the document, Bitmain will offer a comprehensive analysis of the mining industry, including data on existing mining farms, their energy costs, features of choosing a place to create a farm and construction costs.

The report will give investors detailed information about market opportunities and its risks.

“Bitmain is proud of its leadership role in the research and development of the cryptocurrency mining industry. This report is the result of our experience and efforts, ” Bitmain said.

The World Digital Mining Summit will be held in Frankfurt from October 8 to 10. The summit is dedicated to the current state of the industry and the problems it faces, key innovations in cryptocurrency mining equipment, as well as development prospects.

The event will bring together more than 30 speakers, including Bitmain co-founder Cihan Wu, CEO of Matrixport John Ge, head of Genesis Mining Marco Strang and other representatives of leading players in the mining industry.

In addition, during the summit, panel discussions will be held on the upcoming halving of bitcoin and the interaction of the traditional financial system with cryptocurrency.

Recall that in September Bitmain introduced two new ASIC miners – Antminer S17e and Antminer T17e.

Subscribe to BlockchainJournal news on Telegram: BlockchainJournal Feed – the entire news feed, BlockchainJournal – the most important news and polls.