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HashPower Secures Up To $50M Investment MOU with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix at Consensus HK

Feb 27, 2025•over 1 year ago

Contract Type

partnership

Hong Kong SARBlockchainCryptocurrencyMiningMining TechnologyData Mining

Description

HashPower has secured a Memorandum of Understanding (MOU) for up to $50 million in investment during the AI & DePIN Powerhouse event in Consensus HK. The MOU, established with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix, aims to foster ecosystem growth, technological advancements, and industry-wide collaboration for AI-powered decentralized infrastructure.

Company Information

Company

HashPower

Location

Hong Kong SAR, China

About

HashPower is a newly launched startup focused on providing cloud mining solutions. They utilize a significant number of mining machines and aim to offer users a transparent and efficient way to access mining rewards. Users can deposit stablecoins to participate in the mining infrastructure. The concept integrates decentralized physical infrastructure (DePin) to create a more open execution environment.

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