10,000-word report | In-depth interpretation of the computing power RWA track: Introducing the $100 billion computing power market into on-chain finance

1. At present, the global annual POW computing power market size is about 20 billion US dollars. Assuming that 20% of the PoW computing power will be distributed through computing power RWA in the future, it means that the computing power RWA track will become a market of 4 billion US dollars per year, and the global computing power market size is expected to exceed 100 billion US dollars in the next 3-5 years.
2. At present, the global DeFi market value is nearly 100 billion US dollars. Computing power RWA is expected to give new value and significance to the encryption market in the wave of DeFi: bringing new on-chain miners and sustainable commercial products.
3. Bitmain, BEVM, Lumerin, Compute Labs and other institutions are vigorously developing computing power RWA, and related infrastructure such as computing power RWA oracle, computing power RWA asset proof mechanism, computing power RWA financial instruments, etc. will also be gradually improved.
4. The computing power RWA track also faces certain challenges and risks, such as the risk of computing power and profit fluctuations, hardware depreciation and technology iteration risks, regulatory and compliance issues, and centralization risks.
5. As well-known leading companies such as Bitmain and Coinbase promote the development of the computing power market, computing power RWA may become a blue ocean market in the encryption industry and will also become an important part of RWA.