Qitmeer Network and Coin Bank Mining have entered into a strategic partnership
We are excited to announce that Qitmeer Network and Coin Bank Mining have entered into a strategic partnership. Both parties will cooperate closely around serving the ecosystem of Islamic Finance, ethical finance, and socially responsible investment, thereby enhancing financial inclusion and creating social impact, cutting-edge situation research, and ecosystem resource sharing.
About Coin Bank Mining
Coin Bank Mining is one of the worlds leading one-stop blockchain hashpower cloud platforms. It is the by-product of the $300M capital funding by the Beechfontien Investment Fund. Committed to providing hashpower services to multi-currency digital assets and mainstream digital currency, for users worldwide. One of the main goals of the platform is to launch an ethereum hashpower mining quotas, its sole purpose is to allow and help investors mine valuable digital assets. The platform has coin management services that far exceed the industry benchmark revenue level, multi-national operations, adhering to the service concept of investors first, and unique BKH behavioural mining to create a new generation of hashpower mining platforms.
Qitmeer is the next-generation public chain based on BlockDAG which is dedicated to serving the ecosystem of Islamic Finance, ethical finance, and socially responsible investment, thereby enhancing financial inclusion and creating social impact.
In contrast to the competition model, BlockDAG’s collaboration model in the mining achieves a desirable balance of typical blockchain metrics among the security, openness, fairness, and scalability.
Qitmeer adopts a classic POW consensus and UTXO data model and designs a unique asset issuing mechanism which requires the reserve of native currency, which is in line with core ethical financial values.