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Home » Maintaining Optimal Bitcoin Mining Efficiency Amidst Decreasing Rewards in the 2024 Halving
Maintaining Optimal Bitcoin Mining Efficiency Amidst Decreasing Rewards in the 2024 Halving
Maintaining Optimal Bitcoin Mining Efficiency Amidst Decreasing Rewards in the 2024 Halving
Bitcoin

Maintaining Optimal Bitcoin Mining Efficiency Amidst Decreasing Rewards in the 2024 Halving

04/19/20243 Mins Read
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The Bitcoin halving in 2024 is set to bring significant changes to the landscape of Bitcoin mining. As more than 93% of the total BTC supply has already been issued, miners are facing intense competition to optimize their resources and operational efficiencies in order to maintain profitability.

In this highly competitive environment, everyone is searching for an easy entry point into Bitcoin mining that simplifies the process of purchasing, delivering, and maintaining high-capacity miners. Uminers, an international crypto mining equipment and facility company, aims to provide turnkey solutions that make Bitcoin mining more accessible.

Uminers’ turnkey Bitcoin mining solutions include support for selecting, delivering, and maintaining ASIC miners, which are the most popular and effective hardware for BTC mining. As the official distributor for leading mining equipment manufacturers like Bitmain and MicroBT, Uminers ensures transparency and security throughout the transaction process.

With headquarters in Guangzhou, China, Uminers has branches in Hong Kong, the United Arab Emirates, the United States, and Ethiopia. This international presence allows Uminers to comply with relevant laws and provide 24/7 safety and timely execution of orders. Additionally, the company can deliver out-of-stock ASIC models directly from China thanks to its headquarters in Guangzhou.

In addition to offering turnkey solutions, Uminers plans to construct large-scale data centers in Africa, the Middle East, and South America. These data centers will not only focus on mining but also utilize advanced technology, including AI, to reduce energy consumption, servers, and costs while increasing efficiency.

As part of its expansion to Africa, Uminers is building a new data center in Ethiopia, chosen for its cheap and eco-friendly hydroelectric power. The data center, expected to be completed in late 2024, will initially have a 100-megawatt capacity with over 30,000 high-performance ASIC miners. The full capacity of the plant will be 200 MW with over 60,000 devices.

Uminers also has plans for several facilities in Ethiopia, with negotiations underway for a 50 MW data center in the Middle East.

According to Uminers President Batyr Hydyrov, industrial-scale mining for extracting the remaining Bitcoin has become increasingly important. However, the battle for accessing sufficient electrical power is intensifying globally, leading to a scarcity of installation sites and available power capacity.

Uminers aims to strengthen its position in the mining industry and expand its operations to include AI to meet the demands of the growing digital economy. By offering plug-and-play solutions that simplify the setup, delivery, and maintenance of mining equipment, Uminers contributes to the overall efficiency and accessibility of the Bitcoin network.

By reducing barriers to entry and enabling smaller players to compete effectively, international service providers like Uminers support the growth and sustainability of the cryptocurrency landscape, ensuring its robustness and accessibility to a diverse range of participants.

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