HashPower Secures Up to $50 Million Investment MOU at Consensus HK 

[Hong Kong, February 22] – We are elated to announce that HashPower has finalized a Memorandum of Understanding (MOU) securing up to $50 million in investment for $HPX during the impactful AI & DePIN Powerhouse event held at Consensus HK by HashPower and DePIN X , signifying a crucial step toward advancing AI, DePIN, and groundbreaking decentralized infrastructure.

This declaration follows the remarkable success of the AI & DePIN Powerhouse , an elite Web3 event that attracted over 2,000 participants , including prominent founders, investors, and industry leaders. Attendees engaged in enlightening panels, fostered networking opportunities, and absorbed insightful keynote speeches, along with an exciting fireside chat with Invest HK discussing the burgeoning future of decentralized AI and infrastructure.

This forward-thinking MOU forged with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix aims to catalyze ecosystem enhancement, spur technological innovations, and promote collaborative efforts across the industry. By prioritizing targeted investments, resource sharing, and joint research projects, this alliance will champion sustainable growth in AI-driven decentralized infrastructure.

A Warm Thank You to Our Sponsors and Partners

The triumphant success of AI & DePIN Powerhouse would not have been achievable without the unwavering support of our esteemed Diamond sponsors and partners: Gaianet, DMC.AI, Wearfit, BIT, Likwid.fi, IO.net, IoTeX, Filecoin, elizaOS, Amber Group, Fenbushi Capital, Nubila, Cyberport, FBG Capital. This distinguished gathering explored the evolving cycle of crypto mining, the potential of AI, DePIN (decentralized hardware infrastructure), and RWA (real-world assets on the blockchain).

Network3:   Network3 is pioneering a revolutionary technology that constructs a decentralized Edge AI infrastructure, designed to empower AI developers across the globe to efficiently perform inference, training, or validation of models. With over 630K active nodes worldwide and more than 9,500 mining machines operational, Network3 has successfully raised $5.5 million in pre-seed and seed funding, and $N3 was officially listed on Bybit, Gate, and BingX on January 22, 2025.

Autonomys: Autonomys boasts a specialized decentralized AI (deAI) stack that features high-throughput permanent distributed storage, a robust data availability/access layer, scalable distributed computing capabilities, and a modular execution layer. Our deAI ecosystem encompasses everything required to create and deploy super dApps (AI-enhanced decentralized applications) and on-chain agents, outfitting them with advanced AI capabilities for autonomous and dynamic functionalities.

About HashPower

HashPower is reshaping the mining industry by transitioning traditional operations onto the blockchain. With a distributed global infrastructure and an unwavering commitment to transparency, HashPower is dedicated to making mining accessible and rewarding for all participants. Discover more at https://www.hashpowerx.com/ .

About DePIN X

DePINX stands as a front-runner in the mining sector and an influential investment institution within the AI and DePIN landscape, backed by seven years of considerable experience in DePIN mining. The organization manages a mining fund of $50 million and operates H100 and H200 GPU clusters valued at over $100 million. Collaborating closely with leading venture capital firms and mainstream exchanges such as Hashkey, Fenbushi Capital, and Waterdrip Capital, they have jointly initiated the “Super Node Program.” DePINX is committed to offering comprehensive mining design solutions, technical support, and a one-stop resource for AI and DePIN projects to accelerate their growth and advocate for long-term sustainable development. Keep up with our latest news on Twitter: 👉 https://x.com/depin_x