BEVM, the BTC L2 project invested by Bitmain, announced to vigorously develop on-chain computing power finance (HashFi)

According to BlockBeats, on September 7, according to official news, BEVM released a long article to explain the reasons and goals of vigorously developing on-chain computing power finance (HashFi). The article pointed out that the reason why BEVM vigorously develops on-chain computing power finance is that the computing power market is a sustainable business model that has been verified for more than 10 years. Users who buy computing power have real mining income, and miners have real and huge borrowing and other financial needs. Vigorously developing on-chain computing power finance can bring real community users and sustainable on-chain business models to the BEVM ecosystem.

The article also pointed out that after several rounds of bull-bear transitions in the Crypto industry, the majority of community users have long been numb to various Crypto narratives, and only chains that return to their roots and have real business models can gain real communities and long-term healthy development. Therefore, after obtaining investment from Bitcoin mining machine manufacturer Bitmain, BEVM announced that it would vigorously develop the Bitcoin second-layer ecology featuring on-chain computing power finance, aiming to migrate the annual computing power market of nearly 20 billion US dollars to the chain, thereby leveraging the on-chain computing power financial market of over 100 billion US dollars. In order to implement this development strategy, BEVM will continue to promote the support plan for the 10 million US dollar computing power financial ecological project, and at the same time, announced that it will use the computing power RWA held by users on the BEVM chain as one of the most important airdrop certificates. In order to ensure the safety and benefits of computing power, BEVM said that it has established cooperative relations with many mining companies. BitFuFu, a US Nasdaq-listed mining company headquartered in Singapore, is also one of its computing power suppliers.

by blockbeats

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