DeMi Platform Enters into a Game-Changing Agreement with BitCluster
Addis Ababa, Ethiopia, March 26th, 2024, Chainwire
DeMi, a pioneering tokenized mining platform, has revealed its collaboration with BitCluster , a top-tier provider of mining solutions, marking a major advancement for both companies in their growth trajectories.
DeMi , a transformative tokenized mining platform reshaping the sector, has partnered with BitCluster , a premier mining solutions provider. This alliance empowers DeMi to dramatically enhance its operations while trimming energy expenditures, thereby enabling users to mine cryptocurrencies with greater efficiency, particularly given that electricity costs are only $0.049 per kWh .
Computational power is converted into DEMI tokens , with the process translating processing power from mining rigs into DEMI tokens , which serve as concrete proof of acquiring a specific hashrate. Users can start their mining journey by purchasing and staking these tokens, allowing for greater ease of access to the mining world. This innovative model not only simplifies entry into mining but also facilitates direct participation, enabling users to contribute to and reap the benefits of the security and consensus of the network.
At the conclusion of December 2023, BitCluster declared the opening of a substantial 120 MW data center located in Ethiopia , boasting a sprawling area of 30,000 square meters. This installation is equipped to house over 30,000 mining machines like the Antminer S21 200Th.
“We explored numerous options before settling on our equipment’s location,” remarked Andrey Mashitskiy, DeMi 's Product Owner. “After extensive searching, we identified the perfect solution—the BitCluster facility in Ethiopia. The climate here is ideal, with average daily temperatures ranging from 12 to 23 degrees, coupled with minimal dust and heat. The BitCluster data center’s position in the capital, Addis Ababa, is advantageous for logistics, but the most compelling factor was the remarkably low electricity costs.”
DeMi has already deployed over 500 miners at this new facility, achieving a cumulative capacity of 59 Petahash, with plans to continue expanding its mining operations at the BitCluster data center in Ethiopia.
To discover more about DeMi and their partnership with BitCluster, users are encouraged to visit here .
About DeMi
DeMi is a tokenized mining platform that allows users to earn BTC rewards via the DEMI token. By offering an innovative mining experience, DeMi empowers users to engage meaningfully in the realm of cryptocurrency mining.
About BitCluster
BitCluster stands as a contemporary provider of mining solutions, offering comprehensive services for hosting and maintaining high-performance computing hardware aimed at users who wish to upscale their Bitcoin mining operations while minimizing energy expenditures.
Contact
DeMi Product Owner
Andrey Mashitskiy
DeMi
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