Teckvia has forged a strategic partnership with the American company GLORIOUS SKY, signing a supply agreement worth $80 million. This collaboration will bolster both companies' positions in the cryptocurrency mining market.
Partnership between Teckvia and GLORIOUS SKY
Teckvia, a global leader in miner manufacturing, announced a strategic partnership with the U.S.-based GLORIOUS SKY, entering into an annual supply agreement worth up to $80 million. This collaboration focuses on Teckvia's flagship miner, the VolcMinerD1, known for its dominance in air-cooled miner profitability rankings.
Teckvia’s Market Position
Teckvia is actively developing new technologies and offering innovative solutions for the global cryptocurrency industry. With the rise of digital assets like Dogecoin, Teckvia has effectively adapted to market trends, introducing efficient and stable mining equipment. The VolcMinerD1 is characterized by high computing power, low energy consumption, and stable operation. Teckvia co-founder Xiao Guihua noted, 'We are pleased to reach this strategic partnership with GLORIOUS SKY. The VolcMinerD1, with its outstanding performance and stability, offers unparalleled opportunities for more miners, and we hope to strengthen our North American market engagement.'
GLORIOUS SKY’s Role in Crypto Mining
GLORIOUS SKY LLC, based in Texas, is a leading technology company providing comprehensive miner procurement and technical service solutions. This collaboration strengthens GLORIOUS SKY's strategic positioning in the cryptocurrency mining sector, particularly in Dogecoin and Litecoin mining. GLORIOUS SKY CEO Gao Ke stated, 'Our collaboration with Teckvia is a key decision for the company’s strategic development. The VolcMinerD1, the highest-yielding air-cooled miner on the market, will significantly enhance mining efficiency and help GLORIOUS SKY stand out in the competitive market. We are confident this step will bolster our global cryptocurrency mining market position.'
This collaboration not only provides opportunities for Teckvia and GLORIOUS SKY but also injects new vitality into the global cryptocurrency mining industry. As interest in cryptocurrencies continues to grow, the demand for advanced, efficient mining devices is also rising. Both companies intend to continue developing their partnership to meet the increasing needs of miners worldwide and assist them in maximizing their profits.
