HashPower Secures $50M MOU at Consensus HK for AI and DePIN Innovation

HashPower Secures Up to $50M Investment MOU at Consensus HK

HashPower announced a significant milestone at Consensus HK, securing up to $50 million in investment through a Memorandum of Understanding (MOU) for its $HPX token. This development underscores the company’s pivotal role in advancing AI and decentralized infrastructure.

• HashPower secures up to $50M investment through MOU
• AI & DePIN Powerhouse event in Consensus HK
• Collaboration with multiple networks and AI projects

At the heart of this achievement is the AI & DePIN Powerhouse event, co-hosted with DePIN X during Consensus HK. Over 2,000 attendees, including industry leaders, gathered to explore the future of AI and Decentralized Physical Infrastructure Networks (DePIN). An MOU, a non-binding agreement outlining planned cooperation, was signed with a coalition of companies such as Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix. Their aim? To foster an ecosystem that drives technological advancement and industry-wide collaboration in AI-powered decentralized infrastructure.

The event itself was a melting pot of innovation, featuring thought-provoking panels and networking opportunities. Discussions included a firechat with Invest HK on the future of decentralized AI and infrastructure. Diamond sponsors like Gaianet, DMC.AI, and others lent their heft, signaling the growing interest in AI, DePIN, and real-world assets (RWA) in the crypto mining space.

Network3, a key player in this MOU, is pushing the boundaries with its decentralized Edge AI infrastructure—a network that helps AI developers worldwide by providing computing power spread across many locations. With over 630,000 global active nodes and more than 9,500 mining machines, Network3 has raised $5.5 million in pre-seed and seed rounds. Their token, $N3, hit major exchanges like Bybit, Gate, and BingX in January 2025, showcasing their growth.

Meanwhile, Autonomys is building a decentralized AI (deAI) stack that serves as the backbone for super dApps (decentralized applications with enhanced capabilities) and on-chain agents. This initiative aims to redefine what’s possible on the blockchain, empowering AI at a level that could change the game.

HashPower, known for revolutionizing the mining industry, is bringing traditional operations on-chain, focusing on transparency and global accessibility. This move aligns with the broader trend of decentralization and could shake up the mining sector. However, navigating the volatile crypto landscape remains a challenge.

DePINX, a seasoned mining operator and investment institution, brings significant resources to the table with a $50 million mining fund and over $100 million in GPU clusters. Their collaborations with top venture capital firms and exchanges like Hashkey and Fenbushi Capital are driving the “Super Node Program” and providing solutions for AI and DePIN projects.

While the optimism surrounding this MOU is palpable, it’s crucial to maintain a realistic perspective. The crypto space is filled with projects that promised the world but delivered little. The real test will be in the execution and the tangible impact on the ecosystem. Will this MOU lead to sustainable development, or is it just another round of hype? Only time will tell.

Key Questions and Takeaways:

• What is the significance of HashPower’s MOU?

  It signifies a major investment in AI and decentralized infrastructure development, highlighting HashPower’s crucial role and commitment to industry growth.

• What was the AI & DePIN Powerhouse event about?

  The event focused on the future of AI, DePIN, and decentralized infrastructure, gathering industry leaders to discuss and network around these topics.

• What are the goals of the MOU partners?

  They aim to drive ecosystem growth, technological advancements, and industry-wide collaboration in AI-powered decentralized infrastructure.

• How is Network3 contributing to the AI sector?

  Network3 provides a decentralized Edge AI infrastructure, supporting AI developers worldwide in model inference, training, and validation.

• What does Autonomys offer in the AI space?

  Autonomys offers a comprehensive decentralized AI stack, enabling the creation and deployment of super dApps and on-chain agents with enhanced AI capabilities.

• What is HashPower’s role in the mining industry?

  HashPower revolutionizes mining by bringing traditional operations on-chain, focusing on transparency and global accessibility.

• What are DePINX’s contributions to AI and DePIN?

  DePINX manages a significant mining fund and GPU clusters, collaborates with top venture capital and exchanges, and provides comprehensive solutions for AI and DePIN projects.

• What challenges might HashPower and its partners face?

  The crypto industry’s volatility, the execution of ambitious plans, and ensuring sustainable impact are key challenges that HashPower and its partners must navigate.

• How can this MOU impact the broader blockchain and crypto ecosystem?

  If successful, the MOU could drive significant advancements in AI and decentralized infrastructure, potentially reshaping the blockchain and crypto ecosystem by introducing new technologies and fostering collaboration.

As we celebrate this milestone, it’s essential to stay grounded. The promise of decentralization and innovation is exciting, but it’s the real-world application and results that will ultimately define HashPower’s latest venture. Stay curious, stay critical, and keep your eyes on the prize—a decentralized future that benefits us all.