B stands for Bit, the smallest unit of the information world. It also represents the blockchain technology and digital assets with Bitcoin being the most notable. W has two meanings, one is “World”, which represents BW’s vision to create a diverse and self-governing community through production, appreciation and circulation of digital assets; the other is “Wealth”, which represents BW's hope to share development achievements with platform users and investors through innovative business models, leading technologies, and participation of global communities.
BW is mostly interpreted as “cryptocurrency network”. As one of the three famous mining pools in the early days, BW possesses the top-level global domain BW.COM and has millions of users, providing mining pool services of mainstream cryptocurrencies such as BTC, LTC, ETH, ETC, UBTC, SC, etc. to miners from 45 countries and regions. The BW mining pool has produced nearly 300,000 Bitcoins, 1.5 million Litecoins and nearly 2 million Ethereums, with a total value of more than 3 billion US Dollars. The current daily output of various digital currencies is still more than 1 million US Dollars. A considerable amount of output comes from self-operated mining machines.
In 2017, BW underwent a major transformation that Australian Collinstar Holding fully acquired BW.COM. Today, BW.COM has become the first POS mining community and digital asset contract exchange that is based on mining pool.
BW now has full technical support from ZB, one of the world's largest digital asset exchanges. ZB has more than 5 years of experience in operation management and security management of trading platforms. The upgraded new BW, as a contract trading platform, will fill the gap of ZB trading ecology and form a core strategic alliance with it.
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