HashPower signs a $50 million investment memorandum at the Consensus HK event.

Odaily Planet Daily News – During the Consensus HK side event "AI and DePIN," HashPower and DePIN X announced the signing of a memorandum of understanding (MOU), ensuring that HPX can secure up to 50 million USD in investments, marking an important step in the expansion of AI, DePIN, and decentralized infrastructure innovation.

According to officials, the strategic memorandum established with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix aims to promote ecosystem growth, technological advancement, and industry collaboration. Through targeted investments, resource sharing, and joint research programs, this partnership will drive the sustainable development of AI-driven decentralized infrastructure.

It is reported that HashPower is revolutionizing the mining industry by bringing traditional operations on-chain. DePINX is a mining operator and investment firm in the fields of AI and DePIN, with 7 years of rich experience in DePIN mining. The company manages a mining fund valued at 50 million USD and operates H100 and H200 GPU clusters worth over 100 million USD.