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Cloud Rush Thrives to Be the Leading Filecoin Storage Service Provider in North America

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New York, New York--(Newsfile Corp. - October 20, 2021) - Since the online launch on 15th October 2020, the distributed storage space reached a state-of-the-art level, resolving issues from data storage and data loss to different uncertainties ahead. Currently, Filecoin is one of the largest distributed storage networks worldwide.



Figure 1

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The Filecoin Foundation is dedicated to developing and supporting the ecosystem setup to ensure the goals of storage service providers, developers, and end-users are aligned. The Filecoin network comprises a total storage service of more than 12EIB with 3,404 active nodes including Cloud Rush's.



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With the establishment of the headquarters in Los Angeles in 2021, Cloud Rush is one of the emerging digital technology companies that was funded by CR Capital VCC, Singapore. Cloud Rush also has offices located in Asia like Singapore, Hong Kong, Shanghai, Malaysia to date.

Cloud Rush uses artificial intelligence (also commonly known as AI) to create a super-arithmetic aggregate one-stop service mining platform to realize the constant rapid changes in blockchain technology. The underlying construction of blockchain technology, projects, and mining pool incubations also aids in the strong economic growth of the industry.



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The setup of the IPFS distributed mining and server storage allows 24/7 support for hosting, maintenance, and operations of the mining machines. In addition, digital asset trading and consultancy services can be accessed using the Cloud Rush mobile application.

Cloud Rush identifies IPFS & Filecoin as the key factors between underlying cyberspace communications and cyberspace 3.0. With this, it has partnered with Cyxtera, the second-largest data centre in the United States, to create a premium Filecoin storage service.

Today, Filecoin has accomplishments in areas like data storage, file transmissions, online videos, social media, as well as in decentralized trading. The whole cyberspace has undergone unprecedented innovation; with the continuous improvement and renewal of technology iterations, this industry as well as the number of people, making an appearance to be more value-added over the long term. In terms of data growth, Filecoin has created a self-perpetuating economic system. Despite Filecoin being newer in the market compared to both BTC and ETH, it presents a significant value in itself.

With long-term stability and ecological development as the ultimate achievement, Cloud Rush will continue to strive in the contribution of the future era by becoming the largest storage service provider in North America.

David Koh
marketing@cloudrush.io

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100290

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