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Amazon AWS recommends Asian currency XCH cloud mining to target

Date:2024-05-11 19:56:08 Channel:Wallet Read:
Amazon AWS recently cooperated with Asiacoin XCH to launch cloud mining services, which has attracted widespread attention in the market. It is reported that this move is aimed at targeting the Chinese retail market. However, this page has been removed for a while, triggering a lot of speculation and discussion.
Amid the digital currency craze, Amazon AWS chose to cooperate with XCH to launch cloud mining services, which is really eye-catching. This cooperation aims to explore new possibilities in the field of digital currency, especially for the Chinese retail market. However, just when people were excited about this, the webpage mysteriously disappeared. What happened? Let’s uncover the mystery of this cooperation between digital currency and technology giants.
Background of the cooperation between Amazon AWS and Asiacoin XCH
Amazon AWS has always been the world's leading cloud computing service provider, and its stability and security are highly respected. As an emerging digital currency, Asiacoin XCH is gradually emerging in the market. The cooperation between the two will undoubtedly bring new changes and possibilities to the digital currency industry.
Amazon AWS chose to cooperate with XCH to launch cloud mining services. There must be far-reaching strategic considerations behind it. Cloud mining services can not only provide users with a more convenient way to mine digital currency, but also ensure the stability and security of the service with the powerful technical support of Amazon AWS. This kind of cross-border cooperation is not only an innovation in traditional industries, but also a powerful promotion for the digital currency market.
Amazon AWS’s strategic intention to target China’s retail market
As one of the world's largest digital currency markets, China has attracted the attention of many investors. Amazon AWS chose to target the Chinese retail market, aiming to further expand its influence and market share in the field of digital currency. The huge user base and potential investment demand in China's retail market have brought huge business opportunities and development space to Amazon AWS.
By cooperating with XCH to launch cloud mining services, Amazon AWS can not only attract more Chinese retail users, but also leverage the growth momentum of the digital currency market to achieve rapid expansion of its own business. This strategic layout for the Chinese market will undoubtedly bring huge returns to Amazon AWS, and will also bring more convenience and choices to Chinese retail users.
Speculation and discussion caused by page removal
However, just as the cloud mining service was about to go online, people discovered that the corresponding page had been removed, which triggered a lot of speculation and discussion. Some people think that this may be a marketing strategy to create market suspense, while others speculate that it had to be shelved due to adjustments in regulatory policies. No matter what the truth is, this mystery of the cooperation between digital currency and technology giants will undoubtedly make people look forward to and pay more attention to future development.
At a time when the digital currency industry is booming, the cooperation between Amazon AWS and Asian currency XCH has attracted much attention. This cooperation will not only bring users a more convenient digital currency mining experience, but will also promote the further development of the digital currency industry. Although the page has been removed, people's expectations and attention for this cooperation have not diminished at all. I believe that future development will definitely bring us more surprises and imaginations. Let us look forward to the cross-border collision of digital currency and technology, which will surely open a new chapter!

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Amazon Web Services
Services) is a cloud computing platform created by the world's e-commerce giant Amazon. It provides information technology infrastructure and application services to individuals, businesses and governments. The specific content includes storage space, databases, calculations, etc., because it adopts Pay on Demand (Pay -
as-you-go) model, which is beneficial for new companies to reduce the maintenance and investment costs of software and hardware.

According to foreign media "The
Block” reported on the 7th of this month that the simplified Chinese version of AWS’s official website announced that the company has begun to launch a service dedicated to Chia coin (XCH) mining on its cloud computing platform, and emphasized on the event page that it only takes five minutes. Set up the cloud system and start mining on the Chia network. Related instructional videos are also provided.

Moreover, the report pointed out that the content of the event is only available in simplified Chinese. It can be speculated that its target customer group should be mainly Chinese, which is likely related to the popularity of Chia in the Chinese community a while ago.

However, the promotion interface of the service has been removed, and AWS officials have not responded as of press time.

Chia hard drive mining explodes in popularity

Chia focuses on hard drive mining and uses Proof of Time and Space (PoST) as the consensus mechanism. It only needs to consume hard drive space and network resources to mine and maintain the blockchain network.

There are currently two ways to participate in XCH mining, one is to mine using your own hard drive, and the other is to mine using cloud computing power.

Although the former (self-owned hard drive) has a lower technical level than traditional mining machines, it still requires certain technical knowledge to understand the threshold; the latter (cloud computing power) mainly relies on some brands to prepare network infrastructure and other hardware resources, and on the network platform Provide mining services and collect fees from them.

Due to the high technical level required for PoW mining (such as Bitcoin and Ethereum), compared with PoST mining, the threshold is much lower. Therefore, many retail investors have begun to rush for hard drives, and large-capacity hard drives (SDD, HDD) are also in short supply on the market. goods, thereby driving up the stock prices of related hard disk foundries and parts manufacturers.

In addition, according to previous reports, in late April this year, both major media and communities also enthusiastically discussed the news of hard drive mining, which indirectly caused the number of searches for hard drive mining to skyrocket nearly a hundred times in China's Baidu Index.

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