XY Miners, the world’s leading cloud mining platform, announced today that it has received $70 million in Series B financing to accelerate the deployment of AI-based cloud mining infrastructure. The new funds will be used to support the development of advanced computing facilities and further integrate AI to optimize mining efficiency, improve system performance, and increase user benefits by up to 20%.
The financing was jointly participated by a number of investment institutions with extensive experience in blockchain and sustainable technology, further confirming the market’s recognition and support for XY Miners’ long-term strategy and green mining model.
AI+Cloud Computing: Redefining Efficiency and Profit
By incorporating artificial intelligence algorithms into its cloud mining operations, XY Miners plans to dynamically adjust resource allocation, predict optimal mining windows, and reduce energy consumption in its renewable energy data centers. The application of artificial intelligence is expected to increase the success rate of block verification and bring more stable and predictable returns to users.
The financing will be used to Expand green energy data centers in North America, Europe, and Asia, powered by renewable energy (hydropower, wind power), to ensure low-cost, sustainable mining.
