Pacminer, a leading company in Cryptocurrency mining, has been invited to the Global Digital Mining Summit, casting an insightful gaze upon new potential of global mining

On February 24th, the curtains were drawn on the Global Digital Mining Summit, a platform which saw the participation of numerous renowned companies and experts from various fields. The latest industry insights were shared, and pertinent issues such as the scalability of water-cooled mining machines were delved into. Pacminer was among the invitees to exchange views on the topics. Committed to fostering high-quality development in the industry and aiding clients in harnessing new opportunities offered by the digital economy, Pacminer pledged to share its knowledge and capabilities.

The Global Digital Mining Summit, as a brand of global, regional, and online series of events, is one of the premier gatherings in the digital currency sector. Launched in 2018, it has since been a hot topic among digital economy enthusiasts. This year’s summit, themed ‘Long-term Companionship, Loyal Win-Win,’ brought together the leading enterprises of the global Web 3.0 and top-tier mining ecosystem companies to discuss new investment and financing opportunities and to envision the emerging trends in global mining

Speaking at the summit, the representative from Pacminer noted, “In the current context of the ongoing rise of the U.S. dollar, dollar-denominated assets may continue to be favored by capital. If the digital economy is further defined as having ‘non-securities’ asset characteristics, it undoubtedly bodes well for the cryptocurrency market. In the backdrop of the halving cycle, the further standardization of the crypto market could perhaps become the catalyst for a new bull market. For some crypto players, the intervention of traditional financial forces is a prerequisite for their long-term prosperity.”

Digital industries, represented by mining, have blazed a trail into and are gradually merging with mainstream financial markets and internet platforms. To an extent, the digital economy is a successful social experiment, serving as a model for global entrepreneurs to imitate, learn from, and modify. Digital currency mining has successfully spearheaded and dominated the DeFi and NFT waves, disseminating the concept of Web 3.0 worldwide. As the genesis of over 700 NFT platforms globally, it is poised for multiple significant upgrades in the future.

Mining machines, serving as the bridge between the physical and virtual worlds, have endowed digital currency with circulation value through liquidity mining mechanisms. The digital currency mining company, Pacminer, lends tangible significance to the entire digital currency market. Participants of Pacminer can join the mobile mining pool to participate in mining, even without Pacminer’s mining equipment. Its consensus mechanism, which relies on hard drive mining, has a low participation cost for miners and has thus been warmly received by many absentees.

The Pacminer representative further asserted, “The future world should be built by newer mechanisms and more new participants. Pacminer will construct a green development guideline for the sustainable development of the industry’s future, and through innovative measures and high-quality mining machines, will aid the green mining industry.” Especially in the focus market of Ghana, full cooperation will be given to local policies to allow more participants to realize their dreams.

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