🐂 Energy-Efficient Equipment: The Key to Reducing Mining Costs

Average electricity cost for mining is 5 cents per kilowatt-hour. Electricity is primarily purchased on wholesale, spot, or futures markets, and its cost is often fixed.

⚡️ How can miners save on electricity?

The solution is an energy-efficient equipment. This approach is already being adopted by major mining companies. For example, CleanSpark and Iris Energy recently purchased bulk volumes of BITMAIN Antminer S21 devices with an efficiency of 17.5 W/T. If this trend continues, the efficiency of mining device farms is expected to decrease from 29 W/T to 20 W/T in the next 24 months.

⛏ Advantages of Energy-Efficient Equipment

The charts above clearly demonstrate that the new Antminer S21 Pro outperforms other mining device models by all parameters related to energy consumption and hashing cost.

It’s important to note that this chart does not account for the specifications of the new Antminer S21 XP devices, nor for water-cooled equipment. The Hydro series ASIC miners offer even higher energy efficiency and stability.

❓ Are Previous-Generation ASIC Miners Still Relevant?

Depending on electricity costs, miners can still use previous-generation models. However, it's essential to understand that the efficiency of these devices declines rapidly over time, making them unsuitable for those who are looking for long-term investments in mining.

⛏ UMINERS Data Center in Ethiopia

We would like to remind you that the company is actively working on building a data center in Addis Ababa.

Also, the UMINERS data center will be designed to house modern Antminer models from Bitmain, which will only help increase earnings from cryptocurrency mining.

🐂 UMINERS — a turnkey solution for your business:

⏺ Official partner of Bitmain, MicroBT, Canaan
⏺ Large range of miners in stock
⏺ Safe and timely deliveries
⏺ Reliable data-centres
⏺ Global presence on several continents

7 years’ experience in mining make us a reliable and expert partner for you and your investments.

🌍 You can explore the range of mining equipment and services offered by the company on the official website.

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For inquiries about purchasing equipment and consultations, please contact our managers:

🌐 @uminersglobal (Telegram)
📞 +86 133 1627 7819
💬 sales@uminers.com

📍 We are always happy to welcome you at our offices:

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⭕️Ethiopia. ICT Park (Ethiopian IT Park), Addis Abeda, Uminers Ethio Data Center PLC.

UMINERS - we make mining easy!

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🖇 UMINERS is excited to share some exciting news at this event. Catch us at our booths, P106 & P107, where our team members will reveal all the details.

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🐂 UMINERS - making mining easy.

📈 The 20% increase on electricity bill, after data-center shut down.

📍 In Norway Stokmarknes people made KryptoVault company to shut down their data center because of the noise.
⏺Despite relief from the noise, the shutdown has brought an unexpected consequence — a 20% increase in electric bills. Kryptovault, which had been the largest customer of local energy provider Noranett, accounting for 20% of its revenue.

⚡With the facility now closed, Noranett is passing the financial burden on to other consumers in the region, leading to the increase in electric bills.

⬇The cryptocurrency mining process stopped on 13 September.
⏺Noranett’s network manager said that the electric bill surge will take effect as early as next month.

🐂 UMINERS. Crypto news.