Qitmeer Network and NEST POOL have entered into a strategic partnership

We are excited to announce that Qitmeer Network and NEST POOL 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 NEST POOL

The new era of cryptocurrencies had paved the way for more innovative mining facilities. This year(2021), Alpha Mining along with mining industries’ top names, had entered into a strategic partnership with an investment of $5M. The fund has been used to build a NEST POOL mine and launched its NEST POOL hashpower house, the first of its kind in Asia. Mining reserves will be facilitated in the Chinese regions, particularly in Dongguan, Hangzhou, Jiaxing, and Zhenzhou, creating an efficient and market-based offering of wide innovative services and products.

About Qitmeer

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.

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