Bitmain, one of the largest producers of integrated circuits and mining hardware for cryptocurrencies, announced on S...
Bitmain, one of the largest producers of integrated circuits and mining hardware for cryptocurrencies, announced on September 27 that it will be opening up a global platform to match owners of mining hardware with owners of mining farms.
Bitmain plans to unveil the platform, termed the World Digital Mining Map (WDMM), at the upcoming World Digital Mining Summit in Frankfurt, Germany. The goal is to help mining remain price efficient for participants who are seeking good conditions and power resources.
To create unique value via WDMM, Bitmain promises that "participants will be given personalised services from Bitmain which includes assistance with mining farm design, connections to foreign customers to host, and support with operations, purchasing and construction."
Current WDMM participant Dmitrii Ushakov, CCO of Bitriver, endorsed the platform, stating of Bitmain: "Their team suggested new ways to further the overall output from my Antminers while reducing downtime. This has made it cheaper to build my mining farm and made operations more cost-effective, driving overall profits."
The initiative from Bitmain comes as the hash rate of the Bitcoin network has reached an all time high in September, consistently above 80,000,00 TH/s.
source https://www.tokentalk.co/The Block/bitmain-introduces-platform-to-connect-cryptocurrency-hardware-and-mining-farm-owners-5d8f7661cf889f311c8e725e
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