An essential step toward increasing the capacity for both firms is the cooperation that DeMi, an innovative tokenized mining platform, and BitCluster, a top provider of mining solutions, have announced.
Leading provider of mining solutions, BitCluster, has announced a strategic relationship with DeMi, an innovative tokenized mining platform transforming the market. This partnership allows DeMi to maximize energy savings while scaling up several times. Network users can also mine cryptocurrencies more profitably because electricity only costs $0.049 per kWh.
Converting computational power from mining equipment into DEMI tokens creates a physical token that serves as a verification and tangible symbol of acquiring a specific hashrate. All users have to do to start mining on the platform is buy these tokens and stake them. This novel method makes it simple for consumers to participate actively in the mining process. By streamlining the entrance procedure, this approach guarantees that users can immediately contribute to and profit from the network’s security and consensus processes and democratize access to mining.
BitCluster announced the opening of a 120 MW data center in Ethiopia at the end of December 2023. The facility has 30,000 square meters of total space. With this power, they are able to install more than thirty thousand mining equipment, including Antminer S21 200Th.
With a total capacity of 59 Petahash, DeMi has already installed more than 500 devices at the new location. The company also intends to increase its mining capacity at the BitCluster data center in Ethiopia.
Users can click this link to learn more about DeMi and their collaboration with BitCluster.
