The first ever three-day convention about mining, Bitcoin and other Crypto was held in Shenzhen this week. This convention, first labelled as a private gathering, demonstrated just how integral & important the region is for the world’s digital currency hardware infrastructure.
We have it from a credible source that told us “that the event was perhaps one of the most impressive conventions he had visited due to the sheer number of industry representatives present”. Our source guessed that the attendees were good for 30-45% of the world’s Bitcoin hashing rate.
Participants at the meeting openly shared their experiences, despite the fierce rivalry that exist in China’s Crypto mining community. However the purpose of this “gathering of the miners” was to promote friendship and possibly uniting the Crypto mining Business into one coherent block, where each mining company will be a member.
According to the creator of the the event, Mr.Chandler said he knew most of the attendees through various connection and that it was a great opportunity to get them all together. Because of the “private” label, the companies could share their experiences in friendship and thus the information-sharing could benefit the industry’s cause.
Some mining companies that attended this private convention were: mining equipment manufacturers in China, including Avalon, ROCKMINER, AntMiner, HashRatio, Gridseed, SilverFish, Zeus, LK Miner, LightningAsic, BTCGarden and SmartMiner. CEOs of Bitcoin exchanges OKCoin, Huobi and 796.com, plus the founder of BTC China have also been seen attending this convention.