Press Release
MineBest: The rising interest of Mining in North and South America
It must be apparent to everyone already that some countries are more welcoming than others when it comes to cryptocurrency regulations. Regulations are a function of the nation’s government, but there is an asymmetrical distribution of interest in cryptocurrencies from one country’s population to another. There are various reasons for this disparity in engagement. Depending on how literate the population is, the geopolitical circumstances in the region, the monetary situation of the area, friendliness of the government on blockchain/crypto regulations, and a few other factors, we can see a clear correlation on the population’s interest in cryptos.
However, when it comes to the interest in mining cryptocurrencies, factors that are contributing to a country’s interest are fewer. It generally comes down to 2 axioms: how cheap is electricity and how friendly the nation’s government is. Looking at these primary questions closely shows why there is a rising interest in crypto mining in the western hemisphere. Let us take a closer look at it.
Rising interest in cryptocurrency mining in South America
Bitcoin’s use case for protection against inflation was glaring in two of the largest South American nations, Venezuela and Argentina, both being in the top 5 countries with high inflation rates. Bitcoin along with other cryptocurrencies became popular in these countries as people scrambled to protect any value of their assets as they could when hyperinflation hit.
People living in Venezuela were troubled because of the depleted currency and situation of high inflation. But in Venezuela, the energy is free, which means only luck and capital is required, and it can be a paradise for crypto miners.
While many countries have seen growth in crypto mining this year, ultra-low utility rates and the resurgence of capital controls are helping increase gains for miners in the South American nation. Few experts think that it’s yet another instance of Argentines’ sustained capability to bend the nation’s heretical policies to their benefit. Highly subsidized power prices have also led to a mining boom in Argentina.
El Salvador became the first country to give Bitcoin legal tender status on June 9. Another Latin American country, Paraguay, has shown interest in adopting Bitcoins into its monetary ecosystem.
Rising interest in cryptocurrency mining in North America
While China remains a clear leader in Bitcoin mining hashrate share, this chart by Cambridge Centre for Alternative Finance shows that the USA is second. Some US companies believe that they can get some of the mining shares from China and the shift is accelerating.
There is evidence for this belief. Foundry, a subsidiary of Digital Currency Group (DCG), a crypto conglomerate, recently announced it would spend $100 million on mining initiatives. Foundry has quickly risen to be a top 10 mining pool.
Canada with its naturally cold climate, favorable regulatory framework, and relatively cheap electricity is good for cryptocurrency mining. Hydroelectric plants in Quebec have been especially attractive sources of energy for miners, although the industry is not exclusive to that region.
Few Chinese miners have begun shifting operations to the US and Canada to escape their home nation’s regulations and uncertainty. The influx of mining activities to these counties brings good news for employment. There are reports out already about mining companies creating jobs in rural America.
Another reason for the rising crypto mining activities in North America is the recent accelerated push towards renewable mining. Elon Musk added fuel to the Bitcoin energy debate, sparking a bearish trend in Bitcoin which it is yet to recover from. However, there is clear evidence that the miners have responded quickly to work towards the 50% renewable mining goal presented by Musk.
North America may account for 10% to 15% of the global hashrate currently, but if the trend continues, we can see it push towards 25% of the market share. However, this shift in hashrate will only be possible by world-class infrastructure providers. MineBest, a global company founded in 2017 specializing in cryptographic computing activities, provides professional hosting services for both Bitcoin and Altcoins.
Additionally, South America is an emerging market for crypto entities, over the years the communities have shown great progress in adopting crypto and mining opportunities. Taking advantage of this mega trend, MineBest is exploring opportunities to expand their presence in the LATAM region and help achieve their vision of building data center facilities in various capacities for providing professional hosting services of mining equipment in South America.
Press Release
PlatON Announced as Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026

Hong Kong, 10th February 2026, The Hong Kong Web3 Festival 2026 just got another major sponsor on board. PlatON is coming in as a Secondary Exhibition Sponsor, and honestly, it’s a pretty good fit given what they’re trying to accomplish in the financial infrastructure space.
So what exactly is PlatON? It’s an open financial infrastructure platform that the LatticeX Foundation put together. The really cool part is this thing called TOPOS that sits on top of it – basically, it’s designed to help banks and payment companies actually make sense of blockchain technology and use it for real-world payments and clearing. We’ve all heard the talk about blockchain revolutionizing finance, but PlatON is actually trying to make that happen by building something traditional financial institutions can actually work with.
They’ve got the technical chops for it too – we’re talking high-frequency transaction processing, quick settlements, smart contracts that can handle multiple types of assets. This isn’t some experimental project; it’s built to handle serious stuff like cross-border payments, institutional settlements, and managing digital assets in a way that keeps regulators happy. If you want to dive deeper into what they’re doing, head over to https://platon.network.
Now, the festival itself has become a pretty big deal since it kicked off back in April 2023. Wanxiang Blockchain Labs and HashKey Group run it together, with W3ME handling the organization, and it’s turned into the go-to event for anyone serious about Web3 in Asia. It’s where people actually show up to talk about what’s working, what’s not, and where all of this is heading.
Mark your calendars for April 20-23 if you’re planning to go – it’ll be at the Hong Kong Convention and Exhibition Centre. The past three years have been pretty wild: 350+ exhibitors, over 1,200 speakers, 100,000 people coming through the doors, and more than 400 side events happening around the main conference. That’s a lot of activity packed into a few days.
This year they’re lining up around 300 speakers to cover pretty much every corner of Web3 and crypto. But here’s what’s really interesting – they’ve already got 500+ executives and decision-makers from traditional finance and regular businesses signed up. That’s not your typical crypto crowd. It means you’ve got old-school finance people genuinely trying to understand this space, sitting down with crypto natives, and actually having productive conversations. Those are the kinds of interactions that lead to real progress.
The fact that it’s in Hong Kong matters more than you might think. The city has always been this weird and wonderful mix of East and West, traditional finance and cutting-edge tech. It’s got one foot in Mainland China’s massive market and the other in the global financial system. That positioning means the festival can pull in people and ideas from everywhere, giving you access to perspectives and opportunities that just don’t exist at Western crypto conferences or purely Asian tech events.
Whether you’re already neck-deep in DeFi or you’re just trying to figure out what all the fuss is about, this has become the event that actually matters in the Asian crypto calendar.
Check out all the info at https://www.web3festival.org/hongkong2026/#/en.
Thinking about becoming a partner? Here’s where you start: https://tally.so/r/w5YEbP.
Press Release
TokenPocket Announced as Platinum Sponsor for Hong Kong Web3 Festival 2026

The Hong Kong Web3 Festival 2026 has announced TokenPocket as a Platinum Sponsor, further strengthening the event’s position as Asia’s premier gathering for blockchain innovation and decentralized technology. This strategic partnership brings together one of the industry’s leading multi-chain wallet providers with the region’s most influential crypto conference.
TokenPocket, a pioneering decentralized wallet platform, joins the festival as a key partner, bringing its expertise in blockchain infrastructure and stablecoin payment solutions to an event that has become essential for anyone serious about Web3’s future in Asia and beyond. The collaboration underscores the accelerating momentum behind Web3 adoption and reinforces Hong Kong’s strategic importance as a global hub for digital asset innovation and regulatory clarity.
About TokenPocket
TokenPocket stands as one of the cryptocurrency industry’s leading decentralized wallets, purpose-built for seamless multi-chain integration and efficient stablecoin transactions. The platform offers comprehensive accessibility through mobile applications, browser extensions, and the KeyPal hardware wallet, ensuring users can manage digital assets securely across multiple devices and environments with consistent functionality.
The wallet delivers enterprise-grade security protections combined with innovative features specifically designed to enhance user experience and reduce common pain points in digital asset management. Among its most notable capabilities is zero-gas-fee transfer functionality across multiple blockchain networks, significantly reducing transaction costs and eliminating friction that has traditionally hindered widespread crypto adoption. This powerful combination of robust security architecture and user-centric features positions TokenPocket as a truly decentralized, multichain wallet solution suitable for both cryptocurrency newcomers and experienced traders seeking advanced functionality.
TokenPocket’s participation as a Platinum Sponsor demonstrates the company’s commitment to supporting ecosystem development and fostering connections between infrastructure providers, developers, and institutional players across the Web3 landscape.
For more information about TokenPocket, visit https://tp.xyz/
About Hong Kong Web3 Festival 2026
The Hong Kong Web3 Festival, co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, has firmly established itself as Asia’s premiere cryptocurrency and blockchain gathering since its launch in April 2023. The annual event serves as a critical convergence point for the world’s leading innovators, thought leaders, policymakers, and decision-makers in the Web3 and crypto ecosystems to explore emerging trends, regulatory developments, and technological breakthroughs shaping the industry’s future.
The 2026 edition will take place from April 20 to 23 at the Hong Kong Convention and Exhibition Centre, continuing the festival’s tradition of bringing together the brightest minds in decentralized technology. Previous editions have demonstrated remarkable scale and influence, collectively attracting over 350 exhibitors, more than 1,200 speakers, and a cumulative audience exceeding 100,000 visitors from around the world. The festivals have also catalyzed over 400 diverse side events, creating unparalleled networking and collaboration opportunities across the entire Web3 landscape.
This year’s festival is projected to feature up to 300 speakers representing every facet of Web3 and cryptocurrency, from blockchain infrastructure and DeFi protocols to NFTs, metaverse applications, gaming, and enterprise adoption strategies. Significantly, the event has already attracted registrations from over 500 executives and corporate decision-makers from traditional finance sectors and real economy industries, establishing the conference as a high-level platform for substantive dialogue, knowledge transfer, and strategic partnerships between Web3 innovators and traditional business leaders.
Hong Kong Web3 Festival leverages the city’s distinctive advantages as a global financial center and innovation powerhouse. This strategic positioning enables the event to bridge Mainland China’s vast market potential with worldwide Web3 developments, creating unique opportunities for cross-border knowledge exchange and business development. By bringing together premier resources, talent, and capital from across the globe, the festival provides attendees with exclusive access to cutting-edge Web3 updates, market insights, and networking opportunities unavailable elsewhere in the Asia-Pacific region.
For comprehensive event details, visit: https://www.web3festival.org/hongkong2026/#/en
Organizations interested in partnership opportunities can apply at: https://tally.so/r/w5YEbP
Press Release
Sui Foundation Announced as Exclusive Dinner Sponsor for Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is pleased to announce Sui Foundation as an Exclusive Dinner Sponsor, marking a significant partnership that underscores the growing collaboration between leading blockchain innovators and Asia’s premier crypto gathering.
Sui Foundation is an independent organization dedicated to growing and cultivating long-term value in the SUI ecosystem. The foundation supports developers, creators, and enterprises building on Sui, a next-generation blockchain platform designed for scalability and user-friendly experiences. Through strategic initiatives, grants, and community programs, Sui Foundation plays a vital role in advancing Web3 innovation globally. Their sponsorship of this year’s exclusive dinner event will provide attendees with unique networking opportunities alongside industry leaders and blockchain pioneers. For more information, please visit: https://www.sui.io/
The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends, policies, and technological breakthroughs shaping the future of decentralized technologies.
This year’s Hong Kong Web3 Festival will take place from April 20 to 23 at the Hong Kong Convention and Exhibition Centre, spanning four days of intensive programming, exhibitions, and networking events. The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. These impressive numbers reflect the festival’s position as a must-attend event for anyone serious about the Web3 industry.
Web3 Festival 2026 will feature up to 300 speakers representing all aspects of Web3 and crypto on its stages, including blockchain developers, cryptocurrency innovators, DeFi pioneers, NFT creators, metaverse architects, and institutional investors. The event has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies, demonstrating the increasing mainstream adoption of blockchain technology. This diverse attendance enables the conference to serve as a high-level platform for in-depth dialogues and high-value connections between emerging tech leaders and established financial institutions.
As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This strategic positioning is particularly significant as Hong Kong continues to establish itself as a leading Web3 hub with progressive regulatory frameworks and strong government support for digital asset innovation. The unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates, networking opportunities, and insights into emerging market trends that will shape the industry’s future.
The partnership with Sui Foundation further elevates the festival’s reputation as the meeting point for blockchain innovation and enterprise adoption in the Asia-Pacific region.
Get all the details here: https://www.web3festival.org/hongkong2026/#/en
Be our partner: https://tally.so/r/w5YEbP
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