The market's most value-for-money bitcoin cloud mining service provider, Miningzoo, will have a new CEO starting from next week.
Mr. Jason Wu will be taking over the role on the 12th of August. He will be the first CEO of the budding and booming cloud mining platform, Miningzoo.
Miningzoo's board of directors announced Wu's appointment on Monday. He has over 18 years of experience in management and chief executive roles and until recently was the CEO of Milestown, a high-end mansion-renting platform, based in Shanghai.
In his years of experience working as a startup founder and company executive, Mr. Wu has held a variety of management positions, including the managing director of Trend (Beijing) Cultural Media Co. Ltd. and later the founder and CFO of ZhongfuXinhe Asset Management Ltd. He was an early bitcoin advocate and has been invested in crypto-related industries' long-term prospects.
The board and shareholders of Miningzoo said in a statement that Jason Wu would bring skills “vital” to the Mining Platform's future. Wu will design a comprehensive and executable business model that will be focused on “innovation, sustainability, collaboration, and long-term strategy decisions.” He brings valuable insights to the company and smoothes out the company's financial and legal status.
“Backed by a finance degree and MBA, together with a career of 15 years of general management and CEO roles and 18 years of governance experience, Jason Wu is well equipped to drive the growth and development of Miningzoo,” they said.
Wu said he was attracted to the job by Miningzoo's “strong balance sheet and very capable team.”
Since Miningzoo's launch, the company's revenue grew from scratch to $7 million in the 2019 financial year.
Miningzoo recorded 47, 000 registered users and 804,000 website visits. The company boasts 53,000 miners and employs 35 staff.