#cloudrush mining

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Who is driving the growth of meme coins?

At 6:33 am on September 13, Elon Musk, the CEO of Tesla, posted a picture of Shiba Inu on Twitter. It is reported that this is his Shiba Inu named Floki. Since its release on Twitter, the encrypted asset Floki Inu (FLOKI) has risen by 91.4% within 24 hours.

Floki Inu was created on the Binance Smart Chain on June 28, and on the same day, ElonMusk announced that his Shiba Inu would be named as Floki. Floki is said to be a deflationary crypto asset, driven by "proof of meme", rewarding users who hold tokens through automatic farming.

There used to be Doge and Shib, now there is another Floki. It is well known that Musk loves/prefers dog tokens. With Musk’s platform, Dogecoin suffered a short surge without exception, causing many community users to follow blindly. Regardless of the future development of the Meme coin, the rise and fall of the meme coin are often instantaneous from the current point of view. Most investors are advised to choose carefully and not to blindly follow the trend.

Encrypted assets such as BTC, ETH, and FIL have been tested by the market for a long time and have a fairly stable ecology and development prospects. Cloud Rush deploys mainstream crypto asset mining to provide a one-stop mining solution and establishes a mining site in California with abundant renewable energy and regulatory compliance, providing global users with managed operation and maintenance services that allowing all to mine worry-free.

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Cloud Rush helps build infrastructure in the digital age

Some time ago, the central bank released the “digital renminbi” news spread like wildfire. Subsequently, the Agricultural Bank of China, Industrial and Commercial Bank of China and other banks have successively opened “digital renminbi” reservation channels. So far, China’s financial system has started a new digitalization process.

For a country to develop, the first step is the development of science and technology. By using science and technology to drive agriculture, to lead finance and to bring about all-round reforms.

Now that we are on the cusp of the digital age, emerging areas where finance and technology are closely integrated are also receiving great attention. Simply put, the digital age is actually synonymous with the electronic information age. As all the machine language of electronic information is represented by numbers, people beautify its name as the digital age where everything is built on the basis of electronic information, and the information transmission is fast and convenient.

In e-commerce “let the world have no difficult business”, the representative of finance plus technology, Alibaba, has achieved an annual transaction volume of 5 trillion, 500 million active users, 10 million Taobao shop owners and Tmall merchants and other huge business and data scale. The demand for financial services such as payment, credit investigation, and loans brought about by consumer services such as e-commerce, and the marketing effects of operating user resources and traffic resources on other financial services have made Alibaba a financial technology giant.

In addition, big data and artificial intelligence also play an important role. With the help of convenient information collection technology, social and e-commerce networks can accurately and comprehensively record people’s behavior patterns, personality tendencies, hobbies and other data in real time. Through the corresponding intelligent algorithm, the data portrait of the character can be accurately drawn, and more accurate and professional services can be provided.

In this era, data security has become the most concerned issue of countries, enterprises, and individuals. The use of modern technology to improve the stability, security, and retention of data transmission is also a necessary condition for the development of various enterprises. Among them, blockchain technology has become the core, and digital finance, blockchain, and artificial intelligence have jointly formed a new era.

Cloud Rush is clear about its value and mission. Based on the application of blockchain technology combined with the closed-loop system of online APP and offline physical industry, it promotes the linkage and cooperation of upstream and downstream entities in the industrial chain. Not only will it accelerate the overall commercialization of the industry, but it will also form an effective closed loop of commercial value, which will drive the benign innovative development of the entire industrial ecology and provide support for the digitalization process.

Cloud Rush will also be committed to using AI technology to build a global super-distributed storage computing power platform, empowering the technology industry to realize blockchain reform, and promoting the rapid growth of the global distributed economy. It will also provide the bottom technology of the blockchain, blockchain project incubation, consulting services, blockchain computing power, mining pool incubation, computing power aggregation and other related businesses.

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Cloud Rush-A Large IDM Company Specializing in Chip Design and Production of Semiconductor Microelectronics Related Products

With the advent of the digital era, the rapid development and application of technologies such as artificial intelligence, blockchain, and big data have spawned a massive demand for the high-end chip industry. Especially represented by blockchain, deep learning, cloud platforms, smart cars, robots and other fields, the application scenarios of chips will become more and more abundant.

However, there are many difficulties in the research and development of chips required in various fields. For example, the core of current mainstream chips is to use multiplier and accumulation (MAC) arrays to accelerate the most important convolution operation in convolutional neural networks. A large number of operations of the MAC array will cause an increase in power consumption. However, many application scenarios have strict control over power consumption. Therefore, to design and develop a chip that achieves excellent craftsmanship, performance and power consumption ratio is a major difficulty in research and development.

Facing with the challenges of design and R&D technology, from the perspective of global chip competition, American chip giants occupy a dominant position. At this point, the chip industry chain technology is iterating rapidly. With the development of blockchain and artificial intelligence applications, the technological transformation of the chip industry has been accelerated, providing chip companies with strong technical strength and growing industrial scale with opportunities to change tracks and overtake. The development of chip technology is becoming more independent, and the industry trend is improving.

As a US technology company, Cloudrush gathers multiple industrial chain links such as chip design, chip manufacturing, chip packaging and testing. This collaborative optimization through design, manufacturing and other links will help fully explore the technological potential and be able to take the lead in experimenting and implementing new semiconductor technologies. Cloudrush cooperates with independent wafer fabs and packaging factories to form a production line and is committed to create high-performance multi-system multi-frequency SoC chips and ASIC chips in the blockchain field for artificial intelligence scenarios.

Introduction to Cloud Rush

Cloud Rush was established on May 17, 2021 and headquartered in Los Angeles, California, USA. It is an innovative technology company that has received investment from the CR Capital Foundation of Singapore. Cloud Rush lays out the global development of the company where it has offices set up in Los Angeles, Singapore, Hong Kong, Shanghai, China and other places. The technical department is located in Shanghai, China, and the operation centers are located in Singapore and Hong Kong.

Cloud Rush launched a global super computing platform based on AI technology, empowering the technology industry to realize blockchain reform and promoting the rapid growth of the global distributed economy. It also provides a variety of blockchain design solutions such as the construction of the underlying blockchain, blockchain project incubation, consulting services, blockchain computing power, mining pool incubation, and case aggregation.

In the future, Cloud Rush will provide services such as IC design, chip research and development, IC manufacturing, server construction, mining machine research and development, packaging and testing, and cloud solutions in the field of artificial intelligence and blockchain.

If you are interested in us, you can join us https://t.me/cloudrushglobalization

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Cloud Rush-The World’s Leading Distributed Storage Service Provider

As cloud services and extremely fast Internet services are ubiquitous today, the requirements for performance and access latency from people have become higher. Finding a way to preserve information as permanently as possible has always been the direction of human civilization. It has always been a dream of mankind to make human information perpetuate.

Today, the blockchain has formed a new technological revolution. After the comprehensive upgrade and optimization of the distributed ledger concept, distributed digital storage applications began to be implemented.

Fliecoin’s mission is to create a distributed, efficient and powerful infrastructure for social information storage. We believe that the most precious resource of mankind is information, and Filecoin is keen to store and protect this precious resource through effective pricing, distribution and protection.

The introduction of the IPFS network also set off a wave of distributed storage. Among them, FIL, as an incentive representative of IPFS, has also begun to replace the traditional blockchain mining industry, setting off the highlight of PoC (Proof-of-Capacity) storage.

One of the key cores of the Filecoin network is to provide any user with the opportunity to participate in the project. By using the Lotus Miner program developed by Protocol Labs to install the corresponding mining software, ordinary participants can use idle available hard disks to provide storage space and profit from it. In the future, the Filecoin network should be able to provide amazing storage space and information exchange speed.

At present, Filecoin’s market value has exceeded 4 billion U.S. dollars, with a fluid rate of 7.5%, making it one of the 30 cryptocurrencies with the highest market value. In addition, another amazing data is that the total storage on the Filecoin network is close to 7.9EiB (Exbibytes) with an average of 50PiB (Pxbibytes) of newly added storage per day.

For 7 years, the Filecoin team has been following the roadmap for project development, and has completed multiple network and Lotus upgrades. Many teams have developed their own projects based on the IPFS and Filecoin network and successfully launched them.

In the future, content addressing will become one of the mainstream technologies that people use on the Internet.

The American technology company Cloud Rush has deployed Filecoin’s distributed storage business and actively promotes the construction of a distributed storage ecosystem. Cloud Rush always firmly believes that the distributed storage network with Filecoin as the core will be applied to every corner of people’s lives and work.

Cloud Rush is committed to the research and development of the bottom technology and applications of the blockchain. Now Cloudrush has achieved good results in the field of distributed storage and artificial intelligence deep learning infrastructure. In the future, Cloud Rush will continue to deploy a distributed storage network, and get involved in non-fungible token (NFT) and other applicable blockchain projects, and create various immersive applications by improving distributed storage technology and AI technology.

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Popularization: The role of zero-knowledge proof in the Filecoin network

IPFS and Filecoin

IPFS is the underlying Internet distributed storage protocol, which proves the effectiveness of content addressing through scattered web pages. It provides billions of files for global peer-to-peer networks. Filecoin is a decentralized storage system based on the IPFS network protocol. It is the only incentive layer of the current IPFS protocol, which incentivizes storage providers to store directly through an economic model, thus providing the most powerful guarantee for data storage.

There is a core issue here. We all know that in the Filecoin network, miners get Fil rewards by providing storage space. In theory, the more effective storage space provided, the more rewards you will get. So in this process, how do we prove that the miners provided space and stored the specified data truly and effectively?

This proof process achieved through using a new type of proof mechanism: copy proof and space-time proof algorithms.

The first copy proof is to prove that the data has been processed correctly through zero-knowledge proof, and provides the root of the Merkle tree formed by the processed data.

The algorithm of spatio-temporal proof, randomly selects a leaf data at regular intervals, and requires miners to provide proof of the path from the leaf data to the root of the Merkle tree within a certain period of time. It should be noted that if the processed data is not stored in a reliable storage, the entire Merkle tree cannot be reconstructed in a reasonable time, and a valid proof cannot be provided.

Therefore, in the Filecoin network, the combination of copy proof and proof of time and space provides traceability for data storage and effective data storage. Among them, zero-knowledge proof is built at the bottom.

The most important encryption technology in zero-knowledge proof is zk-SNARK. It allows the prover to convince the verifier that a certain assertion is correct without providing any useful information to the verifier. This attribute ensures safe and private interaction in the blockchain environment, and makes it possible to use less space to prove the validity of storage.

Currently, the Filecoin network generates 6-7 million zk-SNARK proofs every day, where each of which has over 1 million algorithmic capacity. In order to ensure network security, Filecoin has improved and greatly optimized zk-SNARK to meet current needs.

This week, zk-SNARKs released a mini website. This website provides an overview of the applicability of zk-SNARKs on the Filecoin network and decentralized storage network by PL Research lab, as well as related future directions.

It has been more than half a month since the Filecoin network upgrade. With the reduction of Gas fees, the computing power of the entire network is also rapidly increasing, and the Filecoin ecosystem is constantly being upgraded and improved. As a member of the distributed storage ecosystem, Cloudrush has long been committed to the construction and development of projects such as Filecoin and Chia.

You can join our community to learn more  https://t.me/cloudrushglobalization

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Cloud Rush — embracing the digital age

With the rapid development of the digital age, digital finance has also received more and more attention.

Digital finance is an emerging field where finance and technology are closely integrated, and its connotation is constantly changing depends on the depth of the integration. Compared with concepts such as Internet finance and financial technology, the connotation of digital finance is broader and more profound. Although there is no clear definition for “digital finance”, both academia and industry have conducted extensive research and practice on it.

Digital finance represents a new approach to financial inclusion, making financial transactions more convenient, safe and transparent. At the same time, it can effectively establish a durable and inclusive economic infrastructure to improve governance, lay the foundation for innovative business models, provide related services customized for different needs, and create flexible and autonomous communities.

The infrastructure of digital finance built around digital assets is growing steadily; technology is maturing; regulatory policies are improving, and the industry demand is also growing. These changes will have a profound impact, especially for financial institutions.

The development of digital assets, whether it is cryptocurrency, stablecoin or central bank token, may change the way we seek to exchange value. The benefits include reduced settlement time and risk, and increased the liquidity across all asset classes.

Under the background that the total market value of global digital assets is approaching US$2 trillion, new changes have taken place in the global distribution of computing power: the scale of overseas computing power is gradually expanding, and mining concept stocks are gradually emerging in the US capital market. Domestic computing power has gradually decreased from 70% to 50% of the global computing power. Overseas computing power has developed well. The U.S. computing power has risen to 12%; while Russia and Kazakhstan account for 6% of the entire network computing power. The mining industry has a globalized layout. “

In addition, specialized equipment creates higher entry barriers, and it is often difficult for ordinary users to complete the global mining and large-scale operations on their own. The cloud computing platform that distributes computing power in various places can simply meet the needs of retail investors and institutions for “distribution”. In addition, limited production capacity has brought new “contradictions”. New miners are eager to enter the market quickly, while on the other hand, old miners have already achieved ideal profits in mining, and they also hope to sell part of the value-added computing power to ensure profit margins. Users need a platform with good transaction liquidity and efficient capital turnover to meet the need for “matching”. With that, the cloud computing platform can become such a value transfer center.

Cloud Rush is an innovative technology company registered in California, USA. It is committed to build a global super distributed storage and computing power platform by using AI, empower the technology industry to realize blockchain reform, promote the rapid growth of the global distributed economy, and provide the construction of blockchain’s bottom technology. In addition, it also provides the cultivation of blockchain projects and mining pools, consulting services, blockchain computing power, computing power aggregation and other related businesses.

Cloud Rush is based on the application of blockchain technology combined with the closed loop system of online application as well as the offline industries to promote the cooperation of upstream and downstream entities in the industry chain. It can accelerate the commercialization of the industry as a whole and form an effective closed loop of commercial value, driving the innovative development of the industry.

In the future, Cloud Rush will provide services such as IC design and manufacturing, R&D of chip and mining machine, server construction, packaging and testing, and cloud solutions in the fields of AI applications and blockchain.

If you are interested in us, you can join us https://t.me/cloudrushglobalization

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XRF mining machine will shine and become the first choice for these countries

On June 18, 2021, the relevant departments of Sichuan Province formally issued a notice requiring power generation companies to conduct examination and immediately stop supplying power to crypto "mining" projects for the purpose of implementing national clean-up requirements.

On June 19, the shutdown came as scheduled, followed by the continued decline in Bitcoin's computing power. As of 14:00 on June 22, the BTC blockchain browser showed that the computing power of Bitcoin's entire network was 115.63 EH/s, which was a drop of more than 30% from the historical peak of 181 EH/s on May 13 this year. The growth rate of computing power for most companies was decreasing.

It is foreseeable that under this crackdown, the number of Bitcoin mines and miners in China will continue to shrink, and its computing power has lost its leading position in the world. This may also mean that the era of China’s Bitcoin mining is over, while the mining industry for overseas Bitcoin such as North America began to rise.

In response to this problem, the leading mining machine manufacturer, Bitmain held a closed-door meeting in Chengdu in June 19, aiming to provide domestic miners and mine owners convenient conditions for oversea mining. Judging from the current situation, this has become an inevitable trend.

The mines that have been shut down are basically expanding to overseas. At present, the locations of large-scale miners and mines are led by the United States, Kazakhstan, Canada, and Russia.

U.S.

The United States is relatively more friendly to the political environment and supervision. For example, Texas has politicians who support crypto assets, and Kentucky is also adopting policy guidance to attract Bitcoin miners. In addition, power resources are abundant and cheap in some parts of the United States. Crescent has conducted statistics on the cost of Bitcoin mining in various states in the United States. The top five states with the lowest BTC mining cost are: Louisiana (mining a Bitcoin cost US$3,224), Idaho, Washington, Tennessee, Arkansas. According to sources, the founder of LTC mining pool has planned to move to Texas and Tennessee. This shows that most mining unions have chosen the United States as their first choice.

Kazakhstan

Kazakhstan is rich in coal resources and mainly thermal power. It is recognized as one of the regions with low electricity costs around the world. Data shows that the cost per kWh of electricity is US$0.03 (about 20 cents), and the cost of electricity in some places can even be reduced to less than 1 cent per kWh, which is very competitive. Furthermore, the border between China and Kazakhstan is open and containers can be imported for free. Imported products are subject to a 12% tax, and there is no additional customs fee. It is the cheapest among the CIS countries, and this may be the first choice for many large mines. However, Kazakhstan’s policy is changing as it only allows the mining of asset-backed cryptocurrencies. The mining of cryptocurrencies, such as Bitcoin, is prohibited.

Canada

Canada encourages and supports the innovation of cryptocurrency, mainly because its economy and financial market are much smaller than the United States. Canada is also a country of immigration, and it has lower trial and error costs. In addition, Canada has a higher latitude and more land in the Arctic Circle than the United States. As a result, many Chinese mines have decided "go out" in 2018. At present, Quebec, Manitoba, British Columbia, and Alberta, which are rich in hydropower resources, have attracted much attention.

Ekibastuz, Russia

Ekibastuz is a city in northern Kazakhstan close to Russia. The temperature during the hottest month of summer rarely exceeds 28°C. Many mines will control the temperature at about 20°C, so the temperature of Ekibastuz is very suitable for the operation of the mining machine. In terms of cost, Russia’s energy costs are low. Although Russia prohibits the use of cryptocurrency to purchase goods and services, it allows cryptocurrency mining and trading from 2021, and even the military has related projects. Therefore, Russia may become the next battleground for many strategists. At present, Irkutsk, Leningrad, and Krasnoyarsk territories have also received the attention of miners.

What are the factors to be considered?

In addition to safety issues, there are factors to be considered for oversea mining, which can be roughly divided into two aspects:

1) Policy factors

One, the price of electricity. This is the most important cost. The lower the electricity price, the more attractive it is to miners.

The second is temperature. There is no need to build a separate cooling device in areas with low temperatures. However, if mining in the city, we must consider the problem of the huge heat emitted.

The third is the network. The faster the network speed, the faster the speed of the entire mining process.

At present, the regions with these three advantages include the Nordic countries such as Russia, Canada, and Iceland.

2) Non-policy factors

First, the financial and foreign trade policies. Does it support cryptocurrency, or allow mining? Will the mining machine be confiscated? If there is a natural disaster, will it subsidize the power loss? Are there any new incentives in taxation? Are there any preferential or discriminatory policies for Chinese companies?

The second is the energy and environmental protection policy. How to reduce the emissions internationally? What is the current carbon emission situation? Is there enough clean energy to replace? If the country's environmental protection issues are more prominent, the high energy consumption activities must be restricted, and on the other hand, carbon emission rights must be purchased at a high cost. If you cannot make ends meet, cryptocurrency mines will inevitably become targets of criticism.

In any case, Bitcoin's computing power and its infrastructure are expanding to overseas and gradually leaving China.

As a large American technology company, Cloudrush provides one-stop solutions for the blockchain industry such as computing power services and blockchain creation. It has reached a strategic cooperation with Cyxtera, the second largest data center in the United States. The equipment can be hosted in Cyxtera regardless the size, enjoying a complete security system, dual-circuit power supply, dual-loop uninterrupted air-conditioning system, real-time monitoring, 7/24 operation and maintenance, etc., to welcome Chinese miners moving into Cyxtera.

If you are interested in us, you can join us https://t.me/cloudrushglobalization

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China's mining industry "619 Incident" is a foregone conclusion. What is the future of distributed storage projects?

Since China’s Bitcoin mining “619 Incident”, many large and medium-sized miners have targeted their future overseas. Small miners have sold equipment at a low price to reduce losses. All participants have accepted it and continue in an orderly manner. This may be a historic moment in China's Bitcoin mining industry. It is understood that the Sichuan Bitcoin mining machine, which has a shutdown load of about 8 million kilowatts and accounts for 10% of the entire network, has been shut down. At this point, the average computing power of the entire Bitcoin network has dropped by about 43% from the high point of 181EH/s to 104EH/s. China's computing power has ruled the global Bitcoin mining industry for nearly ten years, and this has come to an end.

Cloudrush, a large American technology company, and Cyxtera, the second largest data center in the United States, successfully assisted Bitcoin miners to complete the site construction, equipment transfer, custody, and maintenance, to solve the problem of going oversea in an all-round way, and to maintain the development of the Bitcoin network. Please contact V for more details.

Bitcoin, as a peer-to-peer token system, is used to replace traditional fiat currency to complete the payment. However, due to the lack of anchoring specific value and the difficulty of controlling the entire network, it was denied and attacked by many countries during the early stage.

In the end, under the high pressure of policy, the era of Bitcoin mining in China has come to an end.

The mining model that relies on hydropower will be eliminated. However, we can see from Filecoin, Chia, and Swarm, the energy requirements of subsequent blockchain projects are getting smaller, and they will gradually deviate from the energy requirements. It is an inevitable trend to move from independent mines to IDC or even data centers.

As the foundation of future storage, the distributed storage is in line with the national strategic development goals. The National Radio and Television Administration has written the leading IPFS of distributed storage into the white paper of blockchain technology application. Besides, many institutions have also established research groups. This shows that the country has a high degree of recognition to this technology.

IPFS is a revolutionary and practical technology targeting the traditional HTTP protocol. As a decentralized network, peers are connected through various methods such as BitTorrent, and shared files are formed. Compared to traditional Web, IPFS files provide services based on the content of the files, while the traditional Web provides services based on the location of the files.

For example, Google will host the privacy policy at the address:

On the Google server "https://policies.google.com/privacy", the policy content does not matter, so it is based on domain name addressing, which we call it as location-addressing (domain addressing) .

However, IPFS uses the hash value to identify the file by its content. For example, if you want to read: "XKCD#327—ExploitsofaMom". Then, its IPFS address is https://ipfs.io/ipfs/QmZVjV5jFV7Jo4Hfj6WPyRnHCxf8kbadkqtQBco2gef64x/. Anyone who cares about XKCD can host it. This makes broken links unlikely. As long as one node stores data, the IPFS network is unlikely to have a "404" error. We call this content-addressing.

Filecoin is the incentive layer of IPFS. Miners store useful files and receive Fil rewards. It is an asset used in the Filecoin network. Thus, Filecoin is very important to IPFS.

Recently, China proposed the biggest engineering strategy named “counting in the east and calculating in the west”, which will establish 8 hub nodes nationwide as the backbone connection point of the country’s computing power network, develop data center clusters, and network cloud computing big data. As the strategic fulcrum, it will promote the orderly transfer of computing resources to the west and promote the solution of the imbalance between the supply and demand of computing power between the east and the west.

With that, both Filecoin and Swarm can build a data center for the local area. This is a new infrastructure to support the development of this national project. Looking from the basic perspective of blockchain, distributed storage will become a new direction this year.

To improve the Filecoin network, Cloudrush, a large American technology company, provides a one-stop storage solution for Filecoin, so that everyone can participate and promote the network construction. Please contact V for more details.

If you are interested in us, you can join us https://t.me/cloudrushglobalization

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Big miners are going oversea. How about small miners?

Recently, after the introduction of virtual currency mining withdrawal policies in various places, large-scale mining has become a past. Many domestic miners and mining practitioners have turned their sights overseas.

Canaan released an article on June 23, stating that the company officially introduced its self-operated mining business in Kazakhstan, and the first batch of Avalon mining machines were put into operation. Another mining machine service provider, Bitmain, also announced that it held a closed-door customer information exchange meeting on June 19th. During the meeting, customers connected with overseas power, mines, and other resources to recover investment losses and strive to achieve a smooth transition.

In addition, an international logistics company in Guangzhou also provided information that a shipping order for a mining machine cost US$30,000 will be sent to Maryland, the United States. The order is 3 tons in total, and it may be Antminer S19 Pro (Ant S19). The person in charge said that "relevant orders have been received one after another and will be shipped regularly. This is only a small batch." Judging from the publicity of the logistics center, the freight price given by the company is very favorable, as low as US$9.37 per kilogram.

Under the drastic market volatility, large-scale miners have chosen to send their mining machines to Russia, Canada, the United States, etc. Especially Texas, Wyoming, Illinois, and Tennessee with friendly policies, wide areas, low population, and abundant energy resources.

However, today, sending mining machine oversea is still not a big trend for most miners.

Some small miners stated on social media that they are not accepted by overseas data centers due to factors such as small size and old equipment. In addition to the high cost of going oversea, they have sold all their mining machines at low prices and are ready to wait for overseas stability before buying the mining machines and restarting.

The senior miners in the United States stated, “In fact, most Chinese miners do not have the ability to go oversea, and their size is too small. Currently, the leading forces going oversea will only be medium and large mining companies and miners with strong capital advantages.”

In any case, after the introduction of the new regulatory policy, it has had a great impact on profitability. The policy caused the price of Bitcoin to plummet and the closure of some mines, but the subsequent decrease in the difficulty of Bitcoin mining has undoubtedly started to increase the profitability of mining machines.

In order to better maintain the development of the blockchain network, Cloudrush, a large American technology company, has now teamed up with Cyxtera, the second largest data center in the United States, to build exclusive IDC center for Chinese offshore mining machines in Washington and Idaho. The electricity price is as low as 0.26 cents, with abundant local energy and cheap computer room hosting. It accepts small Chinese miners unconditionally. Please contact Wechat:(a130620889888)  for more details.Maybe，you can join our community ：https://t.me/cloudrushglobalization

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乔布斯手写求职信以NFT结合实物被高价拍卖，NFT真有这么好吗

据外媒报道，近日由已故苹果联合创始人史蒂夫·乔布斯（Steve Jobs），在18岁时手写的一份罕见的求职申请书，以NFT版本与纸��版本在拍卖会上售出。其中纸质版的出价和成交金额远远高于作为NFT出售的数字版本。

According to foreign media reports, a rare job application handwritten by the late Apple co-founder Steve Jobs at the age of 18 was sold at auction in NFT and paper versions. . The bid and transaction amount of the paper version is much higher than the digital version sold as NFT.

这场拍卖会的组织者奥利·乔希（Olly Joshi）称，这场拍卖活动“是为了凸显当今时代人们感知价值的转变——实体的或数字的。”他还补充道，这可以打开一个全新的收藏品市场，让两种形式共存。

Olly Joshi, the organizer of the auction, said that the auction was “to highlight the shift in people’s perception of value in this era either inphysical or digital.” He added that this can open up a brand-new collectibles market which allows two forms to coexist.

这份由乔布斯在1973年填写的求职信，NFT形式托管于Rarible，纸质版实物则与软件公司Snoofa合作进行。纸质版与NFT版本在本周三的拍卖会上，分别以价值34.3万美元的ETH和2.3万美元售出。

This cover letter, which was filled out by Jobs in 1973, was hosted in Rarible in NFT form, and the paper version was carried out in cooperation with the software company Snoofa. The paper version and the NFT version were sold at the auction this Wednesday for 343,000 U.S. dollars worth of ETH and 23,000 U.S. dollars.

NFT再次被推上风口浪尖。有人禁不住问，NFT真有这么好吗？

NFT was once again pushed to the forefront. Some people can't help asking, is NFT so good?

在7月25日举办的“2021世界区块链大会·杭州”大会上，SOLV协议创始人孟岩发表演讲《NFT——价值互联网的未来》。他说，“未来的价值互联网主要是建立在非匀质通证NFT上，NFT是比FT更优秀的数字价值载体，也是价值互联网必然趋势，基于 NFT 的价值互联网仍需要大量基础设施创新。”

At the " Hangzhou 2021 World Blockchain Conference" held on July 25, Meng Yan, the founder of the SOLV protocol, delivered a speech "NFT-The Future of the Internet of Value". He said, “The future Internet of Value is mainly based on the non-homogeneous token NFT. NFT is a digital value carrier that is better than FT, and it is also an inevitable trend of the Internet of Value. The Internet of Value based on NFT still requires a lot of infrastructure innovation.”

本周三，Twitter在第三方数字资产交易平台Rarible上发布了7款不同的NFT，并表示将向感兴趣的用户送出每款NFT的20个版本。Twitter发言人表示，Twitter不会出售这些数字图片，也不会从中收费。

On Wednesday, Twitter released 7 different NFTs on the third-party digital asset trading platform Rarible, and stated that it will send 20 versions of each NFT to interested users. A Twitter spokesperson said that Twitter will not sell or charge for these digital images.

由此，twitter也开启了NFT的大门。

As a result, twitter has also opened the door to NFT.

从NFT接过DeFi热潮之后，在音乐、游戏、艺术等领域均有不俗表现，许多收藏家纷纷加入到数字资产收藏领域中��，因此越来越多的企业嗅到商机，也紧接着推出不同领域的NFT项目，甚至结合DeFi市场，试图激起更大的浪花。

After taking over the DeFi boom from NFT, it has performed well in the fields of music, games, and art. Many collectors have joined the field of digital asset collection. Therefore, more companies see business opportunities in it, and they have launched NFT projects in different fields. They even combined the DeFi market to try to stir up a bigger wave.

NFT究竟有何魅力呢？

What is the charm of NFT?

在区块链中，NFT是利用保存在区块链上的证书来确保艺术作品的真实性，NFT是不可变且有保证的数字资产，具有独一无二且不可分割的特性。

In the blockchain, NFT is the use of certificates stored on the blockchain to ensure the authenticity of works of art. NFT is an immutable and guaranteed digital asset with a unique and indivisible characteristics.

另一方面，NFT 具有高流动性，可随时交易以及鉴别，独一无二的艺术创作使其具备收藏属性，加密处理使得其难以复制仿造，最终成就了它的稀缺和价值。

On the other hand, NFT has high liquidity and can be traded and identified at any time. Its unique artistic creation makes it possess the attributes of collection. Encryption processing will make it difficult to copy and counterfeit. Thus, ultimately achieving its scarcity and value.

当然在很多人眼里，NFT可能只是一段“乱码”，是虚拟的，但随着现实生活中越来越多的实物以NFT形式呈现，直到实现万物皆可NFT，它的价值也在以不同的形式被赋予。就像孟岩说的，未来的价值互联网将建立在NFT上。

Of course, in the eyes of many people, NFT may be just a piece of "garbled", which is virtual. However, as more physical objects are presented in the form of NFT in real life, until everything can be realized as NFT, its valuewill also be given in different forms. As Meng Yan said, the future Internet of Value will be built on NFT.

[cloud-rush-en]

In the real capital market, the research value is very meaningful.💰💰💰 

 Filecoin has become a meaningful project with real application. 💻💻💻 

 It benefits Internet users all over the world. 🌎🌎🌎 

 Joining Cloud Rush makes you feel the value of filecoin.💪💪💪 

[cloud-rush-en]

Browsers 3000 Hackathon. Cloud Rush and Filecoin accelerate the development of Web3.0

On July 8, Beijing time, the IPFS/Filecoin partners will hold a 6-week online event "Browsers 3000" to explore and accelerate the development of web3 through experiments and awards.

The kickoff was the Browsers 3000 Summit (July 8). The speakers came from browser developers, as well as web3 and P2P developers.

The hackathon will be launched in the next six weeks. Both teams and individuals can participate in the hackathon, establish, and experiment with the superpowers of the network and browser, P2P and dweb, exploring new ways to give users the right to control their online life.

According to the official, Web3 is developing rapidly, and there is the best time to gather a group of people who will build the browser of the future. We bring together network builders, browser manufacturers, and the dweb community to expand their future vision and strengthen the community.

At present, projects based on Web3 gradually dominate the market, continuously providing new energy and innovative technologies into the development of Internet applications. Filecoin solves this problem technically through PoRep, PoST, and zero-knowledge proof. There is still a lot of room for development. The solution of storage proof enables storage to be decentralized, combined with network and computing decentralization, opening a door to Web3. With that, many content-heavy applications can be established in the Web3.

Cloud Rush fully understands the demand and development trends of Filecoin market. It provides a full range of Filecoin one-stop solutions, through professional knowledge and technology R&D, establishes a sound business model, and wins the market.

Cloud Rush is not only a distributed storage computing power provider. It also provides professional platforms, tools, and knowledge services for users to achieve the best results. Cloud Rush will design, implement, control, and continuously improve the business processes to help Filecoin in building a trusted and distributed data storage ecosystem.

Cloud Rush is headquartered in Los Angeles, California. It is an innovative technology company with operation centers and R&D departments across the United States, Singapore, Malaysia, Shanghai, Hong Kong, and other places.

Cloud Rush launches a global super computing platform based on AI, empowers the technology industry to realize blockchain reform, and provides a variety of blockchain design solutions such as blockchain’s underlying construction, mining pool cultivation, and computing power aggregation.

In the future, Cloud Rush will provide services such as IC design and manufacturing, R&D of chip and mining machine, server construction, packaging and testing, and cloud solutions in the fields of AI applications and blockchain.

You can join our community to learn more  https://t.me/cloudrushglobalization

[cloud-rush-en]

New Chia mining pool protocol released! Begin a new era of Chia mining

According to the Twitter of Chia’s founder, Chia Network version 1.2.0 has been launched on July 8, which includes a new mining pool protocol that supports multi-mining and dual-system operation. This will enable Chia to develop into a more efficient and complete distributed storage network.

The following is the updated content of the protocol:

1. Optimize current Plot speed, which is more than 3 times faster than the previous version; 2. Reduce the working rate of SSD, reduce hardware loss, and extend the hardware life; 3. There is no need to redraw after an interruption occurs during the Plot process. The new plotter improves the minimum settings. If an interruption occurs, it will reduce the loss of data. 4. In the new mining pool protocol, the fast plotter will not be used temporarily. (The official stated clearly that it will not use a plotter in the short term); 5. 1–2 optimizations to reduce TBW, support format changes, and the drawing size can be reduced by about 2% through optimization; 6. Change and improve the drawing format; 7. Adopt K32 format to reduce the invalid computing power of the mining pool.

After the Chia protocol update, the efficiency of block production has been greatly improved, which is conducive to maintaining the safety of the miners’ interests and the development of the Chia project. This has important and superior practical significance.

It is understood that Chia may conduct an IPO in the United States in August. The protocol update will add a bargaining chip to the IPO. After multiple rounds of financing, Chia Network’s mission will be accelerated, which is to operate a more energy-efficient, safer and user-friendly payment system for governments, financial institutions, enterprises and consumers around the world. Chia’s prospects are still promising.

Prior to this, the MASS network announced that it will be compatible with the Chia file format for parallel mining after the updated protocol. According to statistics, there are as many as 10 blockchain projects using Chia’s Plot file. Mining can be added directly without Proof of Capacity, which realizes multiple mining and shortens the return period.

Cloudrush has been paying close attention to the development of Chia’s new protocol and responded quickly. At present, Cloud has teamed up with Cyxtera, the second largest data center in the United States, to deploy Chia-related businesses and provide a series of solutions to help Chia in building a complete distributed storage.

Cloudrush is headquartered in Los Angeles, California. It is an innovative technology company committed to build a global super distributed storage and computing power platform by using AI, empower the technology industry to realize blockchain reform, promote the rapid growth of the global distributed economy, and provide the construction of blockchain’s bottom technology. In addition, it also provides the cultivation of blockchain projects and mining pools, consulting services, blockchain computing power, computing power aggregation and other blockchain design solutions.

Cloudrush has reached a strategic cooperation with Cyxtera, the second largest data center in the United States. The equipment can be hosted on Cyxtera regardless the size and enjoy a complete security system, dual power supply, dual loop uninterrupted air conditioning system, real-time monitoring, 7/24 operation and maintenance, etc.

[cloud-rush-en]

Cloud Rush helps Chinese miners go overseas

Since the full implementation of the 519 policy, large-scale Chinese miners have faced migration issues.

According to relevant data, China has the largest volume of Bitcoin mining in the world, accounting for about 70%, followed by the United States. Basically, miners choose places with cheap electricity prices and abundant site resources when they migrate. According to the previous overseas mining layout, North America, Russia, and Central Asia have become the preferred destinations for most of the miners going to sea.

However, as many countries have become increasingly strict with Bitcoin mining policies, can they still going oversea and where can they go has become the most concerned issue of the miners.

Recently, in Kyrgyzstan, where the cost of electricity resources is relatively low, the National Security Council of the country discovered a large illegal mine hidden in a private house. The raid confiscated 118 Bitcoin mining machines. The authorities stated that large-scale Bitcoin mining has caused huge damage to the country’s power grid where a wave of power shortages has occured.

Including Iran, which has also released related policies recently. Iran’s state-owned power generation, distribution and transmission company Tavanir issued a warning about the entry of Chinese cryptocurrency miners into Iran and banned Bitcoin mining that consumes electricity resources.

Due to the favorable climate and abundant thermal power resources in Russia, Russia’s policies are not much different from China’s in this respect in the face of China’s strong regulatory measures. Moreover, the resources used for mining are not clean energy, which is contrary to the country’s policy of responding to global energy conservation and environmental protection. Hence, Russia is not the preferred place.

Furthermore, factors such as tariffs and freight costs for equipment going overseas need to be considered, and most importantly, whether the national policy supports mining.

According to Bitcoin Magazine, as many as eight Chinese Bitcoin mining companies are planning to move their operations to Paraguay. Juanjo Benítez Rickmann, CEO of Paraguayan mining company Digital Assets S.A., stated that one of the companies is installing 90,000 Bitcoin mining equipment. In addition, there are other unnamed companies have contacted Paraguayan miners.

Paraguay’s policy on Bitcoin mining is relatively loose, and electricity prices are relatively cheap. It is also one of the countries that have publicly expressed support for Bitcoin mining. In another country, Argentina, the electricity bill is very cheap due to government subsidies. In addition, as the foundation of the miners are very good, there are some miners have settled in. However, Argentina has extremely strict control over equipment imports, and the country’s inflation is very severe, so it is not the best choice to go.

If it is a large-scale mining company going overseas, in addition to the aforementioned issues of whether the national policy permits, whether energy is sufficient, electricity prices and customs transportation costs, etc., the site must also be considered as self-built mines need to know whether there is a site to support the construction. The current period of self-built mines in North America is relatively long.

In general, the situation in Kazakhstan, Paraguay, and the United States is relatively suitable. The popularity of South America is also quietly increasing.

The American innovative technology company Cloudrush has teamed up with Cyxteara, the second largest data center in the United States, to use clean energy to help mining machines enter major states in the United States. Regardless of the size, equipment can be hosted in Cyxtera, and enjoy complete security system, dual power supply, dual loop uninterrupted air conditioning system, real-time monitoring, 7*24 hours operation and maintenance and other services to welcome Chinese miners to settle in Cyxtera.

If you’re interested in us,you can join our community:https://t.me/cloudrushglobalization

[cloud-rush-en]

Cloud Rush CEO Bruce "The crypto economy will become the mainstream economic form in the future"

As AI technology and blockchain technology have a good development foundation, some representative application ecosystems have emerged in the fields of deep learning, intelligent identification, distributed storage, blockchain traceability, and industrial chain management. Blockchain technology builds a new trust system through the technical characteristics of decentralization, openness, transparency, and non-tamperability.

Recently, discussion on the future of blockchain has been done with Cloud Rush CEO Bruce li.

Cloud Rush is an emerging American technology company dedicated to global development in multiple industries and fields. It is exploring the potential of blockchain applications and the distributed storage market. Cloudrush describes itself as a pioneer in the blockchain gold rush.

Cloud Rush announced last month that it had accepted an investment from the Singapore Foundation CR Capital for the construction and research of a distributed storage platform.

Why Cloud Rush chose to enter the field of blockchain

Burce explained that a huge open market is emerging globally, with open financial markets, industrial chains, supply chains, and technology. These links will face a problem, that is, trust, and the logic of blockchain technology meets this demand. At the same time, the Covid-19 epidemic has also accelerated the development of blockchain technology and the application of encryption economy.

Talk about your views on the crypto economy

Burce said that the impact of the Covid-19 epidemic on the global economy is huge, especially in regions with rapid economic growth such as Europe and the United States. A large number of workers are unemployed, large companies and the government have suspended their work, and the number of unemployed in the United States has exceeded 9 million. People unable to earn income and unable to guarantee a normal life is a hidden danger to the world. The development of the crypto economy has not only alleviated high inflation, but more importantly, people seek sources of income through the crypto economy. Whether it is cryptocurrency or NFT assets, they have formed the most direct income method. Therefore, you can see that since the outbreak of the Covid-19 epidemic, the crypto economy has poured in more participants. What's more interesting is that according to the theory of blockchain, the more participants there are, the fairer the market and the better the ecological development.

Currently, there are two types of cryptocurrencies, one is BTC and Chia, which are used as online payment methods. The other is ETH, FIL, etc., which will be applied to all aspects of their own ecology. BTC has actually become an effective currency in the eyes of major investment institutions and central banks, and other useful cryptocurrencies are also developing in an orderly manner. I believe that the crypto economy will become one of the mainstream economic forms in the future.

What are your experiences before entering the blockchain industry

After graduation, Burce stayed on Wall Street in the United States because of his great interest, and worked successively in investment banks and large investment institutions. Speaking of his experience on Wall Street, Burce said very emotionally that he faces pressure and challenges of working more than 100 hours a week.In 2001 to 2008 was the golden age of finance, and the US capital market developed rapidly.

The Internet bubble of 2000 and the financial crisis of 2008 had the greatest impact on Burce's personal and career. After experiencing the financial turmoil, Burce deeply realized that traditional finance has great limitations. Therefore, he chose to enter the blockchain industry and become a pioneer in the blockchain industry.

What is the future development direction of Cloud Rush

At present, Cloud Rush has launched a global super computing platform based on AI technology, empowering the technology industry to realize blockchain reform and promoting the rapid growth of the global distributed economy. It also provides a variety of blockchain design solutions such as the construction of the underlying blockchain, the incubation of blockchain projects, consulting services, the computing power of the blockchain, the incubation of mining pools, and the aggregation of calculation examples.

In the future, Cloud Rush will provide services such as IC design, chip research and development, IC manufacturing, server construction, mining machine research and development, packaging and testing, and cloud solutions in the field of artificial intelligence and blockchain.

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Cloud Rush-Where is the Company’s Advantage

At present, the lack of chips has developed into a major issue affecting global development and economic changes. Whether it is the innovative design and development of chips or the production demand of chips, the demand is constantly increasing.

According to statistics from the Semiconductor Industry Association (SIA), global chip sales has increase by 6.5% in 2020, reaching $439 billion. In January 2021, global semiconductor sales increased to 40 billion U.S. dollars, an increase of 13.2% from the 35.3 billion U.S. dollars in January 2020, and an increase of about 1% month-on-month. Among them, the proportion of chip production capacity has increased significantly.

Facing the huge order demand, almost all fabs around the world have resumed full capacity operation. However, the market demand still greatly exceeds the maximum supply that the factory can supply.

From the perspective of operating modes, the semiconductor chip industry has three main operating modes, namely IDM (Integrated Design and Manufacture), Fabless (fabless semiconductor company) and Foundry (fab, foundry) mode. IDM mode is a design and production mode in the field of chips. From chip design, manufacturing, packaging to testing, a company covers the entire industrial chain model. However, due to the improvement of the entire industry chain, the disadvantage of the IDM model is that it will be larger in scale and higher in management and operating costs.

Cloud Rush , as a large IDM company, has attracted talents from Silicon Valley and Wall Street since its inception. Recently, it has received investment from CR capital of Singapore Foundation and has sufficient funds to operate. It focuses on the field of blockchain and artificial intelligence applications to provide R&D work in IC design, chip R&D, IC manufacturing, server construction, mining machine R&D, packaging and testing, and cloud solutions.

The SoC chip independently designed and developed by Cloudrush has a high-performance core based on the SPARC V8 (IEEE-1754) instruction architecture, and a 5-stage pipeline supports two DSP instructions RISC processors (MAC and UMAC). Based on IEEE-754 standard 32/64-bit single/dual floating point processing unit integration, double Cache structure, AMBA2.0 standard interconnection bus, multi-clock mechanism and other features. It also uses a 64-core data center processor, which has 25% higher performance and 60% higher memory bandwidth than mainstream processors in the industry. At the same time, the CPU, bridge chip, network and disk controller “4 in 1” are specially optimized for the deep learning of artificial intelligence neural network to better control the functions and computing capabilities of the equipment and reduce energy consumption.

In addition, the ASIC chip customized by Cloud Rush directly uses the NAND gate to manually customize the macro template of the required algorithm. While not reducing the frequency, low-voltage technology is used to improve work efficiency to reduce energy consumption. In the chip design, it uses a 5nm process, which improves performance by 45% compared with mainstream 7nm chips. This can increase the blockchain digital signature and verification speed by 20 times, and the blockchain transfer smart contract processing speed by 50 times.

Now that the industry has entered the era of data-driven computing where huge demands have been generated from network architecture to computing architecture. As a technology-driven company, Cloudrush has always adhered to the technical route of independent research and development, and has so far applied for a number of invention patents.

Cloudrush will work hard to advance the research and development of next-generation AI SoC chips, ASIC chips and new mining machines. Focusing on the design, development and production of end-side chips and ASIC customized chips. We hope to provide high-quality products and high-value services to various industries and customers through the most advance innovative technologies to meet the intelligent needs of the market.

Introduction to Cloud Rush

Cloud Rush was established on May 17, 2021 and headquartered in Los Angeles, California, USA. It is an innovative technology company that has received investment from the CR Capital Foundation of Singapore. Cloud Rush lays out the global development of the company where it has offices set up in Los Angeles, Singapore, Hong Kong, Shanghai, China and other places. The technical department is located in Shanghai, China, and the operation centers are located in Singapore and Hong Kong.

Cloud Rush launched a global super computing platform based on AI technology, empowering the technology industry to realize blockchain reform and promoting the rapid growth of the global distributed economy. It also provides a variety of blockchain design solutions such as the construction of the underlying blockchain, blockchain project incubation, consulting services, blockchain computing power, mining pool incubation, and case aggregation.

In the future, Cloud Rush will provide services such as IC design, chip research and development, IC manufacturing, server construction, mining machine research and development, packaging and testing, and cloud solutions in the field of artificial intelligence and blockchain.

If you are interested in us, you can join us https://t.me/cloudrushglobalization