Stories and Reviews

Revolutionary Breakthrough in Mining Security: Uminers Joins Forces with Ledger

This partnership introduces a cutting-edge solution for self-custody tailored for institutional clients via Ledger Enterprise. It guarantees that miners gain access to premium hardware and robust digital asset security, with an experimental zero-interest loan program already in its initial stages.

On February 19, Uminers, a prominent name in the global distribution of cryptocurrency mining equipment and comprehensive solutions, unveiled a strategic alliance with Ledger. This collaboration utilizes Ledger Enterprise’s self-custody platform, significantly enhancing the security measures for digital assets and helping scale Uminers’ mining operations.

Security Enhancement

Leveraging the technology of Ledger Enterprise ensures that digital assets, including Bitcoin, are handled through a secure non-custodial system. This advancement provides a high level of institutional-grade safety, emphasizing transparency and security for every mining activity.

Zero-Interest Loan Initiative

So far, during its pilot period, the initiative has succeeded in financing over 15,000 mining machines, all safeguarded by a substantial deposit of 1,000 BTC. This solid financial framework has led to the distribution of more than $100 million in pilot loans aimed at supporting miners, highlighting the program’s game-changing implications for the industry.

This collaboration signifies a pivotal advancement in delivering secure and scalable mining solutions. By enhancing asset protection, it also provides a flexible financial model which could promote wider adoption of mining practices on a global scale.

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