XY Miners Secures $70M Series B to Boost AI Cloud Mining, Delivering 20% Higher User ROI
Summary
LONDON, May 6, 2025 /PRNewswire/ -- XY Miners, the worlds leading cloud mining platform, announced today that it has received $70 million in Series B financing to accelerate the deployment of AI-based cloud mining infrastructure. The new funds will be used to support the development of advanced computing facilities and further integrate AI to optimize mining efficiency, improve system performance, and increase user benefits by up to 20%.The financing was jointly participated by a number of investment institutions with extensive experience in blockchain and sustainable technology, further confirming the markets recognition and support for XY Miners long-term strategy and green mining model.By incorporating artificial intelligence algorithms into its cloud mining operations, XY Miners plans to dynamically adjust resource allocation, predict optimal mining windows, and reduce energy consumption in its renewable energy data centers. The application of artificial intelligence is expected to increase the success rate of block verification and bring more stable and predictable returns to users.The financing will be used to Expand green energy data centers in North America, Europe, and Asia, powered by renewable energy (hydropower, wind power), to ensure low-cost, sustainable mining.For more details please visit the official website here: https://xyminers.com/XY Miners is a global leading blockchain and high-performance computing technology company. XY Miners is committed to providing customers with comprehensive computing solutions. The company also provides advanced cloud capabilities for customers with high demands for artificial intelligence.