Lava has reached strategic cooperation with Infichain Technology, a domestic top mining hardware & service provider in China, and secured it’s ten million level investment.
— Lava has reached strategic cooperation with Infichain Technology, a domestic top mining hardware & service provider in China, and secured it’s ten million level investment.
China is the world's largest producer of Bitcoin, raising a highly industrialized and large-scale mining company. Batches of "hidden-champion" enterprises have been fostered in every chain of the whole mining industry. Although these companies are rarely known to the public, they have a decisive influence on the industry.
Infichain Technology is one of these enterprises. Along with the Bitcoin mining boom in 2017, Infichain Technology has grown into an industry giant in the Bitcoin mining industry, providing miners with mining equipment sales & custody, mining farm construction & management, data centers, and blockchain-related technical support services.
Infichain Technology maintains stable cooperative relations with leading players in the mining industry, including big mining pools, mining hardware providers and the State Grid (the world’s largest power company). It’s the only announced strategic partner with Cannan (NASDAQ: CAN) AvalonMiner.
Infichain and the PoC consensus ecosystem
Infichain Technology is very optimistic about the PoC consensus ecosystem's potential and will move its mining company from mere PoW to "PoW+PoC". Infichain Technology aims to take advantage of its existing mining and digital energy services partnerships and expertise to facilitate the market model in the PoC ecosystem. The mining giant lays special stress on Lava that they expect to be the most promising one among all the players in the space.
What is Lava?
Lava is a distributed shared network founded on PoC consensus, positioning itself as the "the Root-of-Trust from Global Storage".
Lava is now open-source and available on GitHub：https://github.com/lavaio/lava
Learn more about Lava from the official website: https://www.lavatech.org/
Release ID: 88951051