[IPS (IPS-Thales), the first lightweight, high-performance parallel chain in the DOT (Polka) ecosystem, receives 100,000 DOT (Polka) votes from the core company of Bitmain, the world’s largest mining company]

At 9am GMT on April 26, 2021, IPS (IPS-Thales), the first lightweight high-performance parallel chain in the DOT (PoC) ecosystem, signed a strategic cooperation agreement with Continental Ark, a core affiliated subsidiary of the world’s largest mining company Bitmain. Continental Ark voted unconditionally for 100,000 DOT (PoC) cards to support IPS (IPS-Thales) in the DOT (PoC) “slot” auction, while the two sides reached a comprehensive strategic cooperation agreement on cooperating on Bitcoin mining machines and jointly launching a mining fund.

Continental Ark’s bitcoin mining capacity accounts for more than 5% of the world’s total bitcoin computing power, and the founder of Bitmain, Zhan Ketuan, holds a direct 25% stake in Continental Ark. Through this vote, Continental Ark successfully obtained the IPS (IPS-Thales) first round of pre-voting 1:1,300 times over-voting incentive totaling 130 million IPST.