AGM Group Holdings Inc. and HashBeaver Announce Joint Development of Desktop DePIN Node for Bitcoin Mining and Distributed Infrastructure Networks

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. (NASDAQ: AGMH, “AGM Group,” “AGM” or the “Company”), an integrated technology company specializing in high-performance hardware and computing equipment, today announced a joint project with HashBeaver, a digital computing infrastructure company, to develop a new desktop node for decentralized physical infrastructure networks (“DePIN”).

The product is intended for use in homes and offices. It is expected to use a purpose-built application-specific integrated circuit (“ASIC”) to perform SHA-256 hashing for Bitcoin mining. Planned software features include device identification, remote management, operational data verification, mining-pool connectivity and artificial intelligence (“AI”)-assisted scheduling. The product aims to transform the traditional desktop Bitcoin miner into a personal computing terminal capable of connecting to distributed digital infrastructure networks.

HashBeaver will focus on ASIC chip development, algorithm development, firmware optimization and mining-pool connectivity, while AGM Group will contribute experience in server engineering, system design, thermal engineering, hardware integration, reliability testing and global supply chain management.