Press Release
Will Hash Power Mining Lead Ethereum Into 2.0?
2020 is destined to be an extraordinary year. The global health problems brought about by the Corona-virus, had not only accelerated fluctuation in personal assets, but also intensified the turbulence of the capital market. The first thing that bears the brunt is the US dollar system as the global currency, followed by crude oil, stocks, etc. At this time, the outstanding performance of cryptocurrencies has attracted the attention of many traditional investors, and the concept of “mainstream cryptocurrencies as safe-haven assets” was mentioned again.
From the perspective of M1, bitcoin is now recognized as the sixth largest currency in the world, which indicates that cryptocurrencies have officially integrated into the global mainstream financial system.
In 2020, the world’s largest digital payment platform PayPal announced that it will soon be able to let its more than 1 billion users to trade cryptocurrencies such as BTC, ETH through its online wallet.
In 2020, a financial services company led by Jack Dorsey, CEO of the digital payment company Square, announced that it had bought 4,709 BTC worth $50 million, which accounted for 1% of the company’s total assets.
In 2020, Singapore’s largest retail and commercial bank — DBS Bank, will soon launch the DBS cryptoexchange, which will support Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) to start with.
In 2020, Ethereum settlement exceeded 1 trillion USD, surpassing the Bitcoin network settlement amount for the first time.
In 2020, the ecological market value of Ethereum has exceeded 100 billion USD, and the total lock-up amount of the Ethereum DeFi project has exceed 10 billion USD, which is a tenfold increase compared to 2019.
In 2020, the concept of DeFi made an explosion in the blockchain industry. Until late august, the total market value of all Defi tokens has reached 11.5 billion USD, the trading volume of decentralized cryptoexchanges has exceeded 400 million USD, and the total lock up value of DeFi projects has raised over 6.2 billion USD.

Moreover, the data above came from the current congestion and the racket high gas fee of ETH . After Ethereum 2.0 is fully launched, the TPS of Ethereum said to be increasing from 10-25 TPS to 100,000 TPS, and the market value of Ethereum ecosystem will reach trillions of dollars.
Although there are many complaints about the Ethereum network now, among the 242 DeFi projects, 197 are deployed on Ethereum, while EOS and Bitcoin have only 22 and 23 DeFi projects respectively.
With the increasing scale of the Ethereum DeFi ecosystem, the governance rights will be handed over to the community more and more, which makes migration basically impossible. This situation makes Ethereum and DeFi pushing each other’s mutual achievements.
From investors’ perspective, having experienced the collapse of ICO and many other incidents, it may be difficult for them to establish trust in centralized crypto-projects again.
In this context, the Galaxy Cloud hash power mining platform is a decentralized asset management platform that integrates ETH 1.0 POW mining , ETH 2.0 POS cloud mining and DeFi liquid mining, and is constructed to achieve tens of trillions of dollars of market value of ETH 2.0 in the future!

Galaxy Cloud hash power mining platform is created by the Galaxy Cloud Foundation. Galaxy Cloud Foundation was branched from Singapore AI Foundation in May 2020, aiming to support the research and development of various blockchain software and hardware, among which Ethereum and the decentralized technology ecosystem are the main targets.
Since the establishment of Singapore AI Foundation in 2017, it has been committed to support the research and development of artificial intelligence, and the return on their investment projects has been at the leading level of the AI industry. At the beginning of 2020, the AI Foundation decided to put out some funds and personnel to establish a blockchain fund to help the development of the emerging technology industries, and there came Galaxy Cloud Foundation.
The mission of Galaxy Cloud Foundation is to promote the development of new technologies and applications, especially in the field of new open and decentralized hardware and software architectures. Its goal is to develop, cultivate, promote and maintain decentralized and open technologies.
Galaxy Cloud Foundation gathers the world’s top financial technology talents, through years of research and development, formed the world’s leading artificial intelligence DeFi asset management platform — Galaxy Cloud hash power mining platform. Based on the global DeFi alliance (including Uniswap, MakerDao, Debank and dozens of other DeFi platforms), it integrated ETH 1.0 POW mining, ETH 2.0 POS cloud mining and DEFI liquidity mining. The Galaxy Cloud hash power mining platform will become the benchmark application of the future DeFi ecology, helping to build an application ecology with a market value of 10 trillion US dollars for ETH 2.0 for the next ten years.
About Author
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.
Press Release
New Generation of Crypto Miners Released by ASICID
Hong Kong, Hong Kong, October 6th, 2026, Chainwire
ASICID Inc. has released its IDMINER Series, a new lineup of cryptocurrency mining systems designed for Bitcoin, Litecoin, and Dogecoin mining.
The series includes the IDMINER HomeRack, IDMINER 2 and IDMINER 1, with configurations ranging from 1,150 TH/s to 9,600 TH/s of Bitcoin hashrate and from 350 GH/s to 3,200 GH/s of Litecoin and Dogecoin hashrate.
The three models are designed for different mining setups, from individual and home miners to professional and larger-scale operators.
IDMINER Series Specifications
IDMINER HomeRack
- Bitcoin hashrate: 9,600 TH/s
- Litecoin/Dogecoin hashrate: 3,200 GH/s
- Power configuration: 4 × 1,300W
- Estimated monthly mining revenue: up to $25,590*
IDMINER 2
- Bitcoin hashrate: 2,400 TH/s
- Litecoin/Dogecoin hashrate: 800 GH/s
- Power consumption: 1,300W
- Estimated monthly mining revenue: up to $6,390*
IDMINER 1
- Bitcoin hashrate: 1,150 TH/s
- Litecoin/Dogecoin hashrate: 350 GH/s
- Power consumption: 700W
- Estimated monthly mining revenue: up to $2,790*
*The revenue figures are estimates based on network conditions, cryptocurrency prices, and mining difficulty at the time of publication.
Designed for Simpler Deployment
The IDMINER systems are delivered pre-configured and tested before shipment. Users can connect the miner to power, connect via WiFi or Ethernet, enter their preferred mining pool information, and begin mining.
The systems support major mining pools and also provide access to ASICID’s Zero-Fee Mining Pool option.
Other features include thermal management and hardware testing before shipment.
Built for Bitcoin, Litecoin and Dogecoin Mining
ASICID develops and manufactures its mining hardware through an integrated production process that includes research and development, hardware engineering, assembly, thermal testing, and quality assurance.
The company is headquartered in Hong Kong with additional operations in the United States and serves individual miners, professional mining businesses, and institutional operators.
With the IDMINER Series, ASICID is targeting miners looking for high-hashrate hardware with straightforward deployment and power requirements suited to ongoing mining operations.
For more information about the IDMINER Series, users can visit www.asicid.com.
Contact
Peter Lam
media@asicid.com
About Author
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.
Press Release
Vstock Transfer Names Securities Industry Veteran Erica Goodstein General Counsel and Chief Compliance Officer
New York, USA, October 6th, 2026, FinanceWire
Vstock Transfer today announced that Erica Goodstein, a veteran securities attorney with over 26 years of experience, has joined the firm as General Counsel and Chief Compliance Officer. Erica joins Vstock Transfer after more than a decade as Assistant General Counsel at Equiniti and American Stock Transfer & Trust Company, LLC where she served as a lead attorney supporting the company’s legal and regulatory functions, advising executive leadership and the board on corporate strategy and risk management. Earlier in her career, she spent nearly 14 years as an attorney at Skadden, Arps, Slate, Meagher & Flom LLP, handling complex domestic and international commercial litigation and related matters spanning securities, intellectual property, bankruptcy, real estate, and corporate takeover disputes.
“Erica’s experience speaks for itself and having her lead our legal and compliance function reflects exactly where Vstock Transfer is headed,” said Seth Farbman, Chairman and Co-Founder of Vstock Transfer.
“Erica joins us at a pivotal moment,” said Yoel Goldfeder, CEO of Vstock Transfer. “While her experience will be valuable in our existing services, including SPAC and de SPAC transaction services, proxy solicitation, and annual meeting services for the issuers we serve, Erica’s background will also help us expand well beyond core transfer agency work with AI, blockchain and related corporate services. Having someone with her background gives our clients, and prospective clients, real confidence in the governance behind that growth.”
“What drew me to Vstock Transfer is the momentum,” said Goodstein. “The caliber of companies coming to this firm and the scope of services being rolled out reflect a firm that, even after fifteen years, is scaling deliberately. I am looking forward to building on the legal and compliance foundation and roadmap to match that growth.”
About Vstock Transfer
Vstock Transfer is an SEC-registered stock transfer agent providing transfer agency and corporate action services to public companies on Nasdaq, NYSE, and the OTC markets. Services include DWAC and DRS processing, dividend distributions, proxy solicitation, annual meeting support, virtual meeting hosting, as well as SPAC and de-SPAC transaction services.
Contact
Chairman
Seth Farbman
Vstock Transfer
Seth@vstocktransfer.com
About Author
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.
Press Release
JetAlto Opens Dedicated Dubai to Maldives Private Jet Charter Route Ahead of Peak Season
LONDON, 5 October 2026 – Private jet charter marketplace JetAlto has added a dedicated Dubai to Male route, connecting the UAE with the Maldives in under four hours as the islands approach their winter high season.The 2,965 km trip needs no fuel stop. A super-midsize jet such as the Challenger 350 or Citation Longitude completes it in about 3 hours 40 minutes. JetAlto suggests this class as the best-value option for groups of up to 10. Indicative one-way prices start at $32,000 for a midsize jet and reach $115,000 for ultra-long-range types like the Global 7500. Fuel, crew and handling are included. Nonstop flights from Dubai to Male in under four hours, with indicative one-way pricing from $32,000 and super-midsize jets named the best-value option for the crossing.
London, United Kingdom, 6th Oct 2026 – JetAlto, the independent private jet charter marketplace, has opened a dedicated Dubai to Male charter route. It gives travellers a direct link between the UAE and the Maldives just as the islands head into their busiest months of the year. The new route brings aircraft options, indicative prices and arrival planning for the Indian Ocean crossing together in one place, with quotes sourced from licensed third-party operators.
The 2,965 km (around 1,840 miles) flight runs nonstop in roughly 3 hours 40 minutes on a super-midsize jet, with no fuel stop required. Larger cabins trim the journey further: heavy jets cover it in about 3 hours 30 minutes and ultra-long-range aircraft in around 3 hours 20 minutes, while midsize jets take closer to 4 hours 10 minutes.
“Dubai has become the obvious jumping-off point for the Maldives, whether clients live in the Gulf or are connecting in from Europe and North America,” said a JetAlto spokesperson. “This route lets them see the real options before they enquire: which aircraft suits the group, what it costs, and how the timing works once they land in Male. The tricky part of a Maldives trip is usually the last leg to the resort, so we planned the route around that.”
Aircraft and indicative pricing
Four aircraft classes serve the route. One-way indicative prices include fuel, crew and handling:
- Midsize (Praetor 500, Citation Latitude), up to 9 passengers: $32,000 to $42,000
- Super-midsize (Challenger 350, Citation Longitude), up to 10 passengers: $42,000 to $58,000
- Heavy (Falcon 2000LXS, Challenger 650, Gulfstream G450), up to 14 passengers: $58,000 to $82,000
- Ultra-long-range (Global 7500, Gulfstream G650ER, Falcon 8X), up to 16 passengers: $85,000 to $115,000
Super-midsize is the recommended choice for most groups, balancing cabin space and cost. Ultra-long-range jets make sense for travellers planning to fly on to London, Zurich or New York after their resort stay. Final quotes can move by around 15 per cent depending on dates and aircraft availability.
Departures from DWC or DXB
Flights can depart from Al Maktoum International (DWC), where a 4,500 m runway makes it the standard pick for long-range departures at full fuel. FBOs there include DC Aviation Al-Futtaim, ExecuJet Middle East and Jetex. Dubai International (DXB), 12 km from Downtown.
Arrival in Male and resort transfers
At Velana International Airport (MLE), passengers clear customs and immigration in a private VIP terminal on the north side of Hulhulé island, typically in around ten minutes. The Maldives offers a free 30-day visa on arrival to every nationality holding a valid passport and confirmed accommodation.
Guests then continue to their resort in one of three ways:
- by seaplane with Trans Maldivian Airways or Manta Air
- by speedboat to the North and South Male atolls, which takes 20 to 60 minutes and runs around the clock
- by domestic flight to the more remote atolls
Since seaplanes fly in daylight only, JetAlto advises landing before roughly 3:30 to 4:00 pm local time in winter to avoid an unplanned night in Male.
Planning for peak season
With high season approaching, JetAlto recommends booking early for Christmas, New Year and Chinese New Year. During those weeks aircraft parking at Male is limited, and some jets may need to reposition to Gan (GAN) or Colombo (CMB) after drop-off. Landing permits for foreign aircraft can take 48 to 72 hours to arrange in busy periods. For summer trips, Dubai temperatures above 45°C in July and August can cut takeoff performance, so early morning or post-sunset departures are preferred.
Instant estimates for Dubai to Male are available at jetalto.com with no email address needed, and the charter team can be reached 24/7 at vip@jetalto.com.
About JetAlto
JetAlto is an independent private jet charter marketplace that connects travellers with vetted, licensed operators worldwide. The platform provides instant price estimates and competitive quotes across midsize, super-midsize, heavy and ultra-long-range aircraft, serving clients across Europe and North America. JetAlto acts as a charter broker and does not operate aircraft itself.
Media contact: vip@jetalto.com
Website: jetalto.com
Sources: JetAlto – Dubai to Male Private Jet Charter
Media Contact
Organization: JetAlto.com
Contact Person: Dragomir I.
Website: https://jetalto.com/charter/dubai-male
Email: Send Email
City: London
Country: United Kingdom
Release id: 49670
The post JetAlto Opens Dedicated Dubai to Maldives Private Jet Charter Route Ahead of Peak Season appeared first on King Newswire. 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. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
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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