From August 28–29, 2025, the highly anticipated BitcoinAsia 2025 concluded successfully at the Hong Kong Convention and Exhibition Centre. As one of the most influential Bitcoin and blockchain conferences in Asia, the event gathered industry leaders, mining giants, investment institutions, and ecosystem partners from around the world to explore the latest trends and directions in Bitcoin and Web3.

Related images
In one of the conference’s core sessions — “Asia’s Mining Renaissance” Panel, HashWhale CEO Andy Wang was invited as a guest speaker, joining Wright Wang (MicroBT) and Michael Guo (Bitcoin TV) to discuss the current state and future development of the Asian hashrate market. The panel was moderated by Wolfie Zhao (BlocksBridge) and held on August 28 at the Nakamoto Stage.
Key Highlights from Andy Wang’s Panel Remarks
On “Asia’s Mining Renaissance” Andy emphasized that Asian mining has never truly disappeared or declined:
•Rising institutional and family office allocation
Asian family offices now allocate over 5% of their portfolios to cryptocurrencies, and the figure continues to grow. Mining, as a capital-intensive and high-barrier industry, is increasingly institutionalized. In the future, Bitcoin mining will resemble AI in that both rely heavily on control over energy resources.
•Policy and market-driven trends
The U.S. has recently introduced favorable policies such as the Genius Act and Clarity Act, while pension accounts are now permitted to include Bitcoin. Going forward, publicly listed companies worldwide may hold Bitcoin broadly, driving the trend of “Bitcoin Treasury Companies.” Some Asian firms are already following the Strategy model (holding 600,000 BTC with continued accumulation). This marks a strategic opportunity for Asian family offices, institutions, and high-net-worth individuals.
•Energy and geopolitics shaping hashrate distribution
High electricity prices and tariffs in the U.S. act as a double-edged sword — attracting more capital and hashrate to the country while also pushing some miners to relocate operations to Asia, Europe, and regions with more favorable energy resources. Asia has never disappeared from the race; it has simply been quietly building strength.

Related images
Andy concluded that Asian publicly listed companies will increasingly participate in mining, and hashrate assets will cement their status as “Bitcoin Treasury Companies” in global markets.
On Hashrate Outlook
•Global network hashrate has reached 987 EH/s and is about to surpass 1 ZH/s, with continued growth expected.•Current low mining returns are viewed from a “payback cycle” perspective, but institutions and listed companies, which tend to hold Bitcoin, are unlikely to sell quickly.•Bitcoin’s 10-minute block production mechanism remains unaffected by market hype such as Meme, NFT, or RWA trends.
Andy stressed that the rise in hashrate is irreversible, and long-term Bitcoin holding is the winning strategy in this global competition.

Related images
Conclusion
By participating in BitcoinAsia 2025, HashWhale not only showcased its innovative cloud mining model and industry insights but also elevated its international brand presence. Looking ahead, HashWhale will continue to expand its global footprint, integrate hashrate with financial services, and work with industry partners and users to build a more open, transparent, and sustainable Bitcoin mining ecosystem.

Related images