MIAMI — For the mining industry, Bitcoin 2022 was a moment to take center stage after spending previous conferences more in the shadows.
“Last year, it wasn’t that , they’ve got speakers that are more engaging, drawing in the crowds.
And there were plenty of them, including the top three mining rig makers, at least four providers of immersion cooling, three to four energy services providers marketing their environmentally friendly solutions and three miners serving retail clients.
Meanwhile, larger miner Hive Blockchain had its team scouring the convention to look for deals, given that so many participants in the mining sector were present, Hive Executive Chairman Frank Holmes told CoinDesk at the conference.
Mining rig manufacturers had a large presence at the conference, with China-based giants Bitmain, MicroBT and Canaan taking up plenty of floor space.
Meanwhile, Bitmain showed off not only its mining rigs but also giant mobile Antbox containers that can hold up to 180 machines, sparing miners from having to create their own costly infrastructure.
“I think we have some people here that are promoting products which are not proven so it could pose a risk for people who are interested in buying them,” Gibbs observed.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period.