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HPool Developed And Upgraded By Alex Yang Emerged As The Top POC Mining Pool Within Four Years

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4 years ago

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Alex Yang, a Singapore-based entrepreneur, founded HPool, a POC mining pool which emerged as the top POC mining pool in just four years. Alex recently discussed how the POC mining pool is shaking up the blockchain industry at a press conference. He stated that after carefully comparing and studying the various verification methods of the consensus algorithm, he found that both the POW and POS are not working, and only POC can trigger the most primitive spirit of BTC. By making equity investment, Wanxiang blockchain labs helped Alex to create a near-monopoly project in the POC field – which he named HPool. The POC mining pool was later upgraded by Alex and his team.

The role of the mining pool is to allow miners to concentrate their computing power and share the computing power income so they can obtain a more stable income per unit of time. This has great significance to build consensus in a decentralized network. Large miners can calculate a stable return, and small miners need not worry about not being able to obtain income on time in the competition with large miners, thus forming a virtuous circle. In other words, the role of the mining pool is to disperse scattered computing power, integrate it so that small computing power can get smooth income. It can be considered as a task distribution and revenue smoothing system for block generation.

User orientation has always been the principle of the crypto company since it was founded. In addition to the basic mining pool services it provides to users, it also has a user service system which includes online status monitoring, offline push notifications, joint pledge mining, etc. These can lower the barriers for ordinary users to participate. The complete user service made HPool popular in the market since it was established.

For a long time, HPool has been in the top few POC mining pools. In 2017, legendary programmer Bram Cohen had retired from BitTorrent’s great success, planning his next big move: Decentralized hard disk mining blockchain project: Chia. Three years later, his Chia has a close intersection with Alex’s HPool. From 2018 to 2020, HPool has been in a tepid state. An investment from Fenbushi capital, a well-known name in the industry, has further consolidated HPool’s leading position in the POC sector. Even though the market doesn’t have much enthusiasm for POC at this time, Alex’s enthusiasm remains the same. This comes from his belief in POC consensus algorithms and the technical logic behind them.

In April 2021, the price of Bitcoin reached $63,000. The market cap surpassed Amazon, Tesla, and Facebook, only after Apple and Google among those giants of enterprise. The value of Chia, a project that Bram Cohen has run for three years, has increased as well. Through the investment and support of CoinBase. The world’s only listed digital asset exchange, Chia quickly started a whirlwind among miners. From mining pools to individual miners, they all actively participated in this hard disk mining experiment. The reason behind this is very simple as well. In the beginning, Chia’s cost could be covered by its return in one week. This star project of POC has naturally drawn attention of Alex. He began to promote Chia in HPool’s mining pool. Due to the years of accumulated technical experience and the leading position in this industry, HPool has been chosen by most miners naturally as the link of their mining pool.

However, users reported in some forums that HPool was secretly deducting computing power, resulting in a decline in their earnings. At that time, HPool was the only mining pool with large computing power on the market. When Alex and the team discovered this problem, they studied the technical vulnerabilities and data broadcast therefore identified the problem. During this period, the HPool team began to work extremely hard to dispel rumors. They used simple words explaining to every miner and user the technical principles and computing power issues in major forums, media, and websites.

On the other hand, the popularity of Chia made the mining rigs difficult to buy. Some suppliers began to sell the mining rigs under the name of HPool, hoping to get more profits from it. Later, when the price of Chia dropped, they then pretended to be the official to publish radical articles, trying to lead their conflict of interest with the users to the official. This caused many miners who bought mining rigs to go to HPool, asking for an explanation and solutions. HPool has to explain to customers one by one. At the beginning of this incident, Bram, founder of Chia, chose to stand with the miners to criticize HPool, ask users do not use HPool because of the problem of stealing computing power.

Facing the crisis, Alex shared the latest technical knowledge with the miners, meanwhile dealt with the remaining problems of the mining rigs business. At the same time, he actively contacted Chia officials and provided all necessary materials, showing the fairness of HPool by the transparency. With Alex’s continuing efforts and the improvement of Chia’s mining ecology, the crisis was finally resolved. Miners found that HPool can get the highest profit compared to new mining pools, so most of the miners finally chose HPool. HPool withstood the test of the market. Since then, HPool has been firmly occupying the first position in the global ranking of POC and Chia mining pools.

In the near future, more mining pools will participate in the competition and share HPool’s market. But for Alex, clarification of various misunderstandings remains the top priority. Secondly, POC mining pools can bloom. Each mining pool has its own characteristics, there is no product that could satisfy everybody. Sufficient service providers of mining pools can bring positive competition to the industry therefore meet the different needs of various users better.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

XRP News Today: Find Mining Launches the World’s First Zero-Entry XRP Cloud Mining App, Helping You Convert XRP into Stable Passive Income

Published

5 hours ago

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August 2, 2025

By

Hamptons, New York, 2nd Aug 2025, ZEX PR WIRE,  Find Mining, a leading global digital currency service provider, today announced the official launch of its new XRP Cloud Mining app. This innovative application is designed to provide global investors with a more convenient, secure, and environmentally friendly way to easily hold and grow digital assets, generating stable daily passive income.

Breaking the barriers of traditional mining

In the past, cryptocurrency mining often required expensive hardware and complex technical support, which discouraged many potential investors. Find Mining has completely eliminated these obstacles through its unique cloud computing mining model:

  • Zero hardware investment: No need to purchase mining machines or graphics cards; participate directly from your phone.
  • One-click operation: Fully automated mining, no technical background required.
  • Environmentally friendly: Leveraging the world’s top renewable energy data centers, effectively reducing energy consumption and carbon emissions.

 Start XRP Cloud Mining in Five Easy Steps

Find Mining’s XRP Cloud Mining app is simple and intuitive, allowing users to get started in just five steps: 

  1. Register and claim your bonus: Register with your email address and receive a $15 bonus.
  2. Choose a mining contract: Flexible options allow for short-term trials and long-term, stable returns.
  3. Deposit Account: Compatible with major cryptocurrencies such as BTC, ETH, XRP, USDT, LTC, DOGE, BCH, and SOL.
  4. Automatic Mining: Automated mining begins immediately after the contract becomes effective, with profits settled daily.
  5. Withdrawal or Reinvestment: Withdraw to your personal wallet upon depositing $100 or more, or reinvest to achieve compound interest growth.

 Dual protection of security and compliance

Find Mining always puts user asset security first: 

  • McAfee®-class network security system and Cloudflare® protection mechanisms effectively defend against DDoS and hacker attacks.
  • Passed multiple internationally recognized third-party security audits, ensuring transparent and traceable funds and guaranteed compliance.

 Global Service, 24/7 Support

Find Mining’s business covers 135 countries and regions, and is equipped with a 24/7 multilingual customer service team, allowing global users to seamlessly integrate into the digital economy ecosystem.

Stable income, risk hedging

All mining contracts are denominated in US dollars. Find Mining automatically converts cryptocurrency into US dollars at the real-time exchange rate when users deposit, effectively locking in investment value and protecting against market fluctuations. Upon withdrawal, funds are converted back into the user’s preferred cryptocurrency, ensuring both flexibility and security. 

Looking to the future

Industry insiders believe that Find Mining’s XRP Cloud Mining app will not only boost the XRP ecosystem but also open up new avenues for investors to increase their wealth. Whether you’re a digital currency novice or a long-term investor seeking stable returns, this platform offers opportunities for both newcomers and long-term investors.

Visit https://findmining.com to start your XRP cloud mining journey now!

Download the official app with one click or search “findmining” on Google Play to download the official app

Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

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Press Release

Aere Network’s GRN Gains Global Support for Blockchain-Driven Sustainability and Empowerment by 2030

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8 hours ago

on

August 2, 2025

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New York, NY – July 31, 2025 – Following its groundbreaking announcement on July 28, Aere Network, the high-performance Layer 1 blockchain platform boasting speeds surpassing 273,000 transactions per second (TPS), reports that its Global Resilience Network (GRN) is already generating significant buzz across the globe. Environmental activists and sustainability leaders are rallying behind this initiative, praising its potential to address pressing planetary issues through eco-friendly decentralized innovation.

Since the unveiling just days ago, GRN has sparked widespread discussions in international forums, social media channels, and eco-tech communities, highlighting its role in combating climate degradation and fostering human advancement. Activists from organizations focused on ocean conservation, renewable energy, and global equity have voiced strong approval, citing GRN’s carbon-negative framework as a game-changer for real-world impact.

At the heart of GRN is Aere Network’s advanced blockchain ecosystem, which integrates scalable solutions to tackle pollution, resource scarcity, and inequality. By enabling efficient, secure applications, GRN empowers users to engage in initiatives like sustainable resource tracking and community-led resilience projects.

Core features of the Global Resilience Network encompass:

High-Speed Transactions: Delivering over 273K TPS to support expansive sustainability efforts without delays.

Eco-Conscious Design: Carbon-negative operations funded by green tech investments and habitat restoration programs.

Inclusive Tools: Platforms for global participation in environmental actions, including tokenized incentives for conservation and empowerment.

2030 Vision: A strategic timeline targeting full integration by 2026, in sync with worldwide goals such as the UN Sustainable Development Goals.

“We are humbled by the rapid global resonance of GRN,” stated Liviu Hrenaru, CEO of Aere Network. “The endorsement from activists underscores our commitment to leveraging blockchain for a healthier planet and empowered societies. This is just the beginning of a movement that’s capturing hearts and minds worldwide.”

Aere Network encourages partners, investors, and advocates to get involved. The project’s Initial Exchange Offering (IEO) is currently active on P2B, offering a prime entry point into this transformative endeavor.

Visit aere.network for details or connect with us on X at @Aerenetwork.

About Aere Network

Aere Network leads in sustainable blockchain development, emphasizing speed, security, and environmental responsibility to create lasting positive change for Earth and its people.

Media Contact:

Aere.network

Email: office@aere.com

Media Contact

Company Name: Aere Network

Contact Person: Liviu Hrenaru

Email: office@aere.com

Country: United States

Website: https://aere.network/

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Press Release

Hong Kong Debt Restructure Office Introduces Comprehensive Financial Relief Services Led by Banking Veterans

Published

9 hours ago

on

August 2, 2025

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Expert team of former senior bankers offers specialized debt restructuring solutions to address Hong Kong’s evolving financial landscape

HONG KONG– Hong Kong Debt Restructure Office (HKDEBTRO), a newly established financial services firm, today announced the launch of its comprehensive debt restructuring services designed to provide relief to individuals and businesses facing financial challenges. The firm, founded by several former senior bankers with over ten years of combined experience and supported by a professional legal team, aims to leverage deep industry knowledge to help clients navigate complex debt situations.

The launch comes at a critical time for Hong Kong’s financial sector, as the region continues to experience evolving monetary policies and market uncertainties. According to recent financial reports, Hong Kong’s financial markets have maintained stability despite global economic pressures, creating opportunities for specialized financial services.

“Our team’s extensive background in banking and finance, combined with our legal expertise, positions us uniquely to understand the intricate details of bank terms and financial institution requirements,” said a spokesperson for Hong Kong Debt Restructure Office. “We are committed to helping our clients reduce interest burdens and alleviate repayment pressures through strategic debt restructuring solutions.”

Comprehensive Service Offering

Hong Kong Debt Restructure Office specializes in providing tailored debt restructuring solutions that address the specific needs of each client. The firm’s services include detailed analysis of existing debt obligations, negotiation with financial institutions, and implementation of restructuring plans designed to minimize financial strain while maintaining compliance with legal requirements.

The company’s approach leverages the founders’ insider knowledge of banking operations and lending practices, enabling them to craft solutions that are both practical and sustainable. This expertise is particularly valuable in Hong Kong’s complex financial environment, where understanding regulatory frameworks and institutional procedures is crucial for successful debt restructuring.

Market Context and Industry Expertise

The debt restructuring market has gained significant attention in recent years, with private credit markets experiencing substantial growth globally. Industry reports indicate that the private credit market exceeded US$1.5 trillion in early 2024 and is projected to reach US$2.8 trillion by 2028, highlighting the increasing demand for specialized financial services.

debt restructuring hong kong Office’s team brings valuable experience from their previous roles in senior banking positions, providing clients with insights into how financial institutions evaluate and process restructuring requests. This knowledge enables the firm to develop strategies that align with institutional requirements while maximizing benefits for clients.

Professional Standards and Client Focus

The firm operates under strict professional standards, ensuring that all debt restructuring procedures comply with Hong Kong’s legal requirements and industry best practices. The combination of banking expertise and legal knowledge allows Hong Kong Debt Restructure Office to provide comprehensive solutions that address both financial and legal aspects of debt restructuring.

“Our goal is to provide clients with clear pathways to financial stability,” explained the company representative. “By understanding both the banking perspective and legal requirements, we can create restructuring plans that are acceptable to all parties while providing meaningful relief to our clients.”

About Hong Kong Debt Restructure Office

Hong Kong Debt Restructure Office is located at 2214, 22/F, Mira Place Tower A, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong. The firm was established by former senior banking professionals with extensive experience in financial services and debt management, supported by a dedicated legal team specializing in debt restructuring procedures.

For more information about Hong Kong Debt Restructure Office and its services, visit https://hkdebtro.com/, call 3480 0223, or email hkdebtro@gmail.com. Follow the company on Facebook at https://www.facebook.com/hkdebtro/ for updates and financial insights.

Contact Information:

Hong Kong Debt Restructure Office

Phone: 3480 0223

Email: hkdebtro@gmail.com

Website: https://hkdebtro.com/

Address: 2214, 22/F, Mira Place Tower A, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong

Media Contact

Organization: Hong Kong Debt Restructure Office

Contact Person: Media Relation Management

Website: https://hkdebtro.com/

Email: Send Email

Contact Number: +85234800223

Address:2214, 22/F, Mira Place Tower A, 132 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong

Country:Hong Kong S.A.R.

Release id:31822

View source version on King Newswire:
Hong Kong Debt Restructure Office Introduces Comprehensive Financial Relief Services Led by Banking Veterans

This content is provided by a third-party source. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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