WDMS Global 2022 brings together experts from the mining industry

  • Ultramining.com
  • 13:54 Nov 14, 2022
WDMS Global 2022 brings together experts from the mining industry

On November 08-10, the World Digital Mining Summit event was held in Mexico. The event was organized by Bitmain and brought together many mining enthusiasts and experts from the industry. The event has died down, and we will say a few words about how it went.

The main leitmotif

The main topics of the event were:

  • PoW algorithm;
  • the power required to mine virtual coins;
  • the development of the field of mining in general.

Much attention was paid to stimulating and finding new ways to improve various aspects of the industry. Such as energy efficiency, reducing the negative impact on the environment and so on.

Devices that are designed to farm crypto using the PoW consensus mechanism were also presented. One of the highlights was the Antminer S19 XP Hydro, a review of which you can read at Ultramining.com.

At the event presented and other devices, designed primarily for BTC mining. A lot of attention was paid to the system of hydrocooling of asics. Many investors see it as the future of mining.

Guests of the event had the opportunity to buy tickets in the form of NFT, which gave them access to priority rights to buy asics from Antminer and other bonuses.

Participants at the World Digital Mining Summit 2022

One of the most influential and anticipated guests was Paul Steiner, chairman of El Salvador's National Commission for Small and Micro Businesses. The expert planned to talk about the blockchain industry.

By the way, this is the first time this state has accepted the bitcoin as a legalized means of payment. Paul Steiner's speech could inspire the guests of the event to promote the idea of giving BTC a legal status in their countries.

Representatives from companies such as:

  • Foundry;
  • Core Scientific;
  • Tether;
  • S&P Dow Jones Index;
  • Merkle Standard;
  • Cryptovan;
  • Minto Lab DMCC;
  • JSbit; Atlas;
  • Starbase and so on.

Other speakers were featured in the event plan. Such as Sharon Leibowitz, Senior Director of Innovation and Strategy, S&P Dow Jones Index; Kyle Schnapps, Director of Public Policy, Foundry; PoW community leaders and representatives such as Litecoin, Ethereum Classic, Dogecoin, Nervos, Kadena and many others.

In addition, the organizers of the event also invited Porter Stowell, Director of Community at the Filecoin Foundation

There was also a large number of ordinary professionals in the field of mining, representatives of the public and people who study crypto for themselves, not pursuing any global goals.

What will make the World Digital Mining Summit 2022 memorable?

This was one of the most significant events dedicated to mining and held this year. Guests at the event had the opportunity to meet opinion leaders and learn about innovations in the industry.

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