Exodus Mining (NASDAQ: exodusmining), a global leader in Bitcoin mining and comprehensive mining services, today announced it has recently signed a two-year framework agreement with BITMAIN, a world-leading digital asset mining hardware manufacturer, to purchase from BITMAIN up to 80,000 S-series miners (including but not limited to the S21 XP and S21 Pro).
Since launching its cloud mining website in December 2020 and mobile APP in October 2021, Exodus Mining’s registered users have grown at a compound annual growth rate (CAGR) and YoY% of 67%. So far, Exodus Mining has attracted over 150 countries’ registered users on its platform. The top countries driving growth in registered users are mainly from Asia-Pacific and Europe.
Exodus MiningPool successfully marked a block at height 873362 just 5 hours after its official launch. This is the first block for the Exodus MiningPool.
The market seems to neglect the fact that Exodus Mining is a major global Bitcoin self-mining player in addition to its leading cloud mining and hosting hashrate scale. Exodus Mining has unique capability to produce BTC for its own account and increase its BTC holdings while also generating upfront cash flow by providing customers with a platform to easily mine Bitcoin without the inherent complexity and upfront expense of mining on their own.
Exodus Mining Inc., (NASDAQ: exodusmining) a fast-growing digital asset mining service and world-leading cloud-mining service provider, today announced that it has been awarded Best Technology Solution Provider for Digital Assets – Cloud. This prestigious annual award recognizes the financial services industry’s most innovative and influential companies, honoring those who set new standards in technology and digital asset management worldwide.
On July 26th, representatives from Exodus Mining, the world's top hashrate service provider, attended the World Digital Mining Summit(WDMS).The summit was organized by mining giant BITMAIN with the theme "Empowering Mining, Finance and Energy Resources".This event is one of the top events in the digital mining industry with industry leading companies such as Core Scientific, Galaxy Digital, Zcash attending, and covered by industry media authorities such as Cointelegraph.
On November 9, 2021, Bitmain hosted the 2021 iteration of its World Digital Mining Summit (WDMS 2021) in Dubai. The recipient of Bitmain’s strategic investment, cloud hashrate platform Exodus Mining presented its development direction, business model and environmental protection concepts at the event, and later brought the conference to a dramatic climax by offering a massive prize of 400,000 USD.
If you are a cryptocurrency and blockchain industry professional, the most commonly heard term would be computing power or hash rate, which is a quantitative measure of the computing speed of a mining machine. A new contender has entered the cryptocurrency mining scene – hash rate tokens. What are they, and how do they impact the space as a whole? In this article, we explore what hash rate tokens are and compare them with other ways of mining, namely the use of cloud mining services, and running mining machines.
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Exodus Mining was co-founded by Daniel Castagnoli and JP Richardson.