Press Release
Press Release The cryptocurrency market has flourished tremendously in recent years, with cryptocurrency projects popping up one after another, providing a wealth of investment opportunities and market risks for blockchain industry participants. KDA is one of the emerging cryptocurrency projects. Unlike others, however, KDA is mentioned as the next cryptocurrency project that can be benchmarked againstand called the next cryptocurrency project that can be benchmarked against BTC. It is more scalable compared to BTC. 19} than BTC. because of its simplicity, low transaction costs, and scalability, with an expected circulation of 990 million tokens in the future. With the participation of BITMAIN, the world’s largest miner, KDA may represent a new opportunity for cryptocurrency investors.
HASHFROG, a diversified cryptocurrency investment platform, announced that it has reached a strategic cooperation with BITMAIN and ANTPOOL to jointly launch the KDA cloud mining product and provide low cost, flexible and efficient mining On September 13, 2022, the three parties held a joint online product launch event to learn more about the collaboration and their expectations for the future of the KDA market. Kadena development team and representatives of the Kadena Mining Club community also participated in the press conference to express their interest and support.
During the press conference, HASHFROG introduced BITMAIN’s newly developed ANTMINER KA3 (KA3), with a hash rate of 166T and an energy efficiency ratio of 19J/T, leading to a new era of energy saving and efficiency in KDA mining efficiency. The KA3 adopts the latest design and advanced air-cooled heat dissipation technology of BITMAIN’s flagship 19 series miners, allowing miners to enjoy the best mining experience under Blake2s algorithm. Xmei Lin, BITMAIN’s marketing director, also announced at the press conference that BITMAIN will present three KA3 miners to Kadena’s development team to support their technical research. as a firm believer in the POW consensus mechanism, BITMAIN will continue to contribute to the POW ecology and actively support the long-term development and ecological prosperity of outstanding POW projects like Kadena.
ANTPOOL, one of the world’s leading mining pools, is an important part of the mining industry chain providing pooling services for various cryptocurrencies. ANTPOOL, through this cooperation, will provide HASHFROG with sufficient KDA mining pool resources and security endorsements. So far, ANTPOOL is the only mining pool dedicated to KDA hash rate optimization, which ensures that KDA’s high hash rate miners can fully exploit their performance in the shortest possible time, technically guarantees the long-term stable operation of KDA miners, and maximizes mining revenue for its customers. ANTPOOL is the strongest guarantee of high quality output from KDA’s advanced algorithms, simplicity, transparency, and operational efficiency while simultaneously reducing energy consumption.
As a platform to offer KDA mining products under this partnership, HASHFROG will provide the hash rate of KA3 miners exclusively supplied by BITMAIN, divided into minimum order quantities of 10 tons. Customers have the flexibility to choose the mining units they purchase according to their needs, with multiple mining cycles available, including 90, 120, and 180 days, greatly increasing investment flexibility. For example, HASHFROG management announced at a press conference that it will offer a bonus benefit worth $1 million to users who purchase KDA mining products in this initial launch to encourage user involvement in cloud mining. This generous benefit further extends the return on mining output. Positioned as a diversified crypto service provider, HASHFROG will also launch mining services for various cryptocurrencies in the future, and plans to launch more crypto products on its platform around the end of October this year, offering investors a variety of asset allocation options.
HASHFROG is a one-stop platform dedicated to building a secure and compliant blockchain infrastructure and producing innovative and diverse digital currency investment products.41}
- cloud mining services,
- extensive crypto financial management,
- flexible digital asset allocation solutions for global digital currency enthusiasts.
This strategic cooperation with BITMAIN and ANTPOOL on KDA will allow the three parties to deeply integrate the resources of miners, sites and mining pools, increasing upstream and downstream value along the industry and providing solid assurance for long-term investments in cryptocurrency This is a sign that we will continue to deepen and enrich ecological cooperation not only in mining but also in the energy industry.
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