The Expansion of Uminers: A New Data Center in Ethiopia
Uminers, a leading company in cryptocurrency mining equipment and facility operations, is thrilled to announce the commencement of construction on a cutting-edge data center situated in Ethiopia. The first phase of this project, expected to be completed by autumn 2024, will see the launch of a robust 100-megawatt capacity.
Batyr Hydyrov, the President of Uminers, highlighted the strategic significance of the new facility, emphasizing the need for increased investment in advanced equipment due to the growing complexity of mining. Hydyrov stated how crucial it is to extract the remaining bitcoins through industrial-scale mining in the current scenario.
Strategic Importance of the New Data Center
- The battle for accessing sufficient electrical power is intensifying globally
- Scarcity of installation sites and available power capacity is affecting miner sales worldwide
- Around 24,000 high-performance ASIC miners will be hosted in the first phase
- Latest models such as Antminer S21, S21 Hydro, T21, and S19 will be utilized
Aligning with Industry Trends
- Actions align with the theme ‘Crypto needs more power’
- Strategic positioning to meet evolving demands in the industry
- Selected Ethiopia for its benefits like affordable and eco-friendly hydroelectric power
- Planning to expand footprint to other regions like Africa, the Middle East, and South America
Global Market Presence
- Enhancing global market presence and increasing mining capacity
- Contributing to the economic and technological landscape of Ethiopia
About Uminers
Uminers, established in 2017, operates globally and specializes in crypto mining equipment. The company manages multiple mining facilities with a total capacity of 90 MW, catering to the cryptocurrency sector’s needs. As the official partner of BITMAIN and MicroBT, Uminers is headquartered in Guangzhou, China, with offices in Hong Kong, the UAE, Oman, Singapore, and the USA, dedicated to offering turnkey solutions to its clients.
Hot Take: Seizing Opportunities in the Crypto Mining Sector
The expansion of Uminers with the construction of a new data center in Ethiopia signifies a strategic move to enhance mining capabilities and meet the evolving demands of the industry. By aligning with global trends and expanding their footprint into new regions, Uminers is not only strengthening its market presence but also contributing to the economic and technological growth of Ethiopia. Stay tuned for more updates as Uminers continues to make significant strides in the cryptocurrency mining sector.
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