KuMining Turns One: Real Hashrate, Five PoW Assets, and What's next

excitingly the launch of Q mining 2.0. So there's going to be a really exciting conversation to look forward to and to talk about the second year and what we have on the roadmap. So joining me as you guys already heard, we have Joly do COO of Q mining to welcome Joly and happy first anniversary to you guys. Hey thank you Mike. Yeah same here. Also want to say happy anniversary for our best mining community is a really good moment to look at how far our service has come and the problem is for our user. It's my gift for our future computing power from real mining machines without you don't need to buy or manage the equipment yourself. So over the past year we have expanded the choice around the service and made an experience easier to manage. So I'm really looking forward to sharing more highlights today. Amazing amazing amazing again you know a huge congratulations to you guys. Joly in terms of the one year landmark right it's always it's always a big landmark when a project reaches that one year milestones congratulations. Looking back to mining's first year what are some of the achievements you guys are most proud to share. Okay thank you it's a really good question let me think about it. So it happened a lot for the past yeah like more than I think so I just start with three milestones according to our first year figures. Mining has served more than 200,000 users which I think we say it's incredible. It's amazing. Yeah experience for all our team and for our users. The cumulative Bitcoin hash rates sales have exceeded 5E hash rates per second of course in the visual and institutional customers. So I think the new the union maybe is a little bit new to you guys. So past rates simply measures the completely power used for mining. So this figure has hopped the Bitcoin hash rates sold over our first year. It helps store the scale of participation of course the service. And our total sales of coal mining service have passed 25 million US dollars. So those figures like show the reach of the service in its first year. So in the in the same wild they also reflect participation from both individual users and institutions which is a really important part of our story. Like so as for CoCo we are like a exchange so we also have a lot of where we cherished individual users. So professional mining involves equipment, power, facilities and also ongoing operations. CoMining gives users the access to those resources things through a managed service. They can choose them mining plan without arranging the physical operation themselves. So that's the connection between the numbers and our wider focus. We want to bring professional mining resources to more people to make it more reachable. So we are proud of what we have built so far and we are grateful for everyone who has used our service or followed our development. So this anniversary is a chance to recognize that support and look at the progress behind the figures which is all new in our community. Yeah that's amazing it's amazing, Jeremy. The numbers are impressive. Like you mentioned being able to serve the community is just fantastic. Obviously the fact that you guys are part of the Bitcoin ecosystem as well as incredible. I mean the figures that you shared there give a sense of the scale. That's maybe took you know put the milestones behind us a little bit and look at them into simple timeline. I mean beyond the numbers what wanted to keep mining build and improve during this last year. Because I'm sure there were many moments of improving and building. I can't imagine. Let me think about it. We have made a lot of progress in you know we have not only Bitcoin mining but also involved like different assets involved in our service. I think the key progress we made should be in these two main areas. The mining portfolio and the user experience. So we began the core mining and we Bitcoin.co.n and like mining. And then we also involved that like which is go to the moon really go to the moon right. We really woke up in July and followed by cast in August. So that brought our portfolio to you. Five proof of more assets. So for users that means more mining choices through the same platform. And then someone will look at who mining and launch can return today and explore the border manager for us. So we always want to find more assets for you to choose like that past etc. So the other major milestone was Bitcoin or cool mining 2.0 introduced in March. We add up more flexible ways to select a mining plan and they dedicate this mining account for managing your activity afterwards. We also developed the payments and asset management experience like mine now pay later and hold on to earn. So the year brought both the wider product ranch and changed to how user participate. So we focused on these two main parts for our users like the assets they can make money for them and also the service that they can use more smoothly with the money they earned from mining. And you can see the progress of course the journey choosing what to mine and selecting a plan following the outputs and managing the assets to receive. That's why the 2.0 points upgraded is such an important part for our universe. That's incredible. That's incredible. And again a huge congratulations to you guys. And for the guys tuning in line I can see we have quite a few people tuning in line. Make sure to connect and follow the x profile of Q mining. If you're listening on the recording to this again it's never too late. Make sure to connect with the guys are Q mining get involved. And it's really exciting to get to connect your lead because there's many different assets to mine. There's many different ways to earn revenue. There's many different ways to get involved. And we've covered the numbers in the milestones from a user's point of view. What is that first year of progress really mean? I see. This I have a lot of things that I want to share about these. Yeah yeah yeah about like farmer usage point of view because this is the thing that we cherish the most. Like the biggest thing she says people have a more accessible way to take part in mining as I just shared. So think about what it takes to run mining treatment yourself. You need a machine which is super expensive and somewhere to put them a power supply and people who can keep the operation running. So it's like a really really tough work. For many people who are interested in mining those practical requirements are the hardest part. So cool mining brings those resources together through a managed service. The platform and these partners handle the equipment and operations while users just need to choose a mining plan. Then we will work for you and make everything properly for you. The hash rate comes from real mining machines. This is also the only one in the market. The connection to physical infrastructure is central to what's cool mining office. All the first year we have built more voices around the foundations. Users now have side-translates to explore and a more developed experience of managing their participation. That matters because access is only the beginning. But people also need to understand what they are buying right and follow what happens after and what it starts. So we don't only want you to just put your mining to mine. We also want you to know what happened afterwards. So they should be able to review the service period, understand the cost and check the outputs from their plan. So making those stats easier to follow is also a major part for us to it's like a really big progress that we are celebrating that we think we make our users be more satisfied. And for us the first year story is about bringing like professional mining resources closer to everyone to all our users and building yourself always that can understand and manage. So that's also like the idea behind combining two point zero. Yeah. So this is the thing. Yeah, thank you. Yeah, now beautiful. Beautiful. I mean it's amazing right. You guys have had the scale and numbers which we've talked about. You've had the scale and growth which you kind of just went into a little bit. And it gives us a really clear picture of the year you guys just had more participation, more assets and it sounds like a much more improved user experience as well. Let's obviously focus on the 2.0 upgrade and changes that the users can actually see. So when we look at Q mining 2.0, what changes for the users? I mean how does for example the light mode and pro modes make it easier to choose a mining plan? So the difference, so that user's thought we used to choice, they understand best. So in light mode you start with the budget, you choose the question, harsh rate. That's useful if you are interested in mining, but less familiar with hash rate units. The system helps you match the plan so you can force it on revealing. Julie, I think we may have lost you for a little second. Folks, stay with us. We're getting Julie back on air, back on live. We may be just a small internet blip, but she'll be coming back very very shortly. So give us two minutes as she comes back on one. We're very excited in conversation we're having here today, talking about Q mining turning one, the real hash rate, the 5PLW assets and what comes next. And we were just diving in for the guys tuning in live, and maybe some people tuning in as we're going through the conversation. We were just about to start talking about what does 2.0 really mean? Q mining is launching a light mode and they're launching a pro mode version and Julie was literally just taking us through that and she'll be with us very very shortly. So stick around, stay with us and we will get her back on air in a minute. Sometimes these things happen, but it's all part of the magic and it's all part of the baby. And I think we've got her back. Julie, are you back with us? I can see you're back, but I can't hear you yet. We can see she's back guys. But yeah, as I was saying, just as we're waiting for Julie to just reconnect and get back on the panel as a speaker, this ex space critics talk is brought to you guys in conjunction with Q mining and Julie is the COO at Q mining and I think she's back. I think we're ready to go. How are you doing, Julie? You're back with us? Yeah, yeah, can you hear me? Amazing. You're back. You're back. You're back. Oh, you can hear me. No, you can hear me now. I don't know, like I just like get all by. So I just get up and reach for these things happen. Give us some emojis in the chat, some fireworks, Julie is back with us. So as I was saying, we were talking about the light mode and pro modes and kind of what makes it easier choosing a mining plan. So I see. Yeah, give us a minute.