HashPower Secures Up To $50M Investment MOU with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix at Consensus HK
HashPower Secures Up To $50M Investment MOU with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix at Consensus HK
02/27/25, 1:55 PM
Location
hong kong sarMoney
$50 million
Industry
mining technology
cryptocurrency
data mining
mining
blockchain
Type
partnership
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 Info
Location
hong kong sar, china
Additional Info
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.