In the field of global crypto mining, traditional mines are facing numerous difficulties.
From the perspective of electricity costs, the electricity cost of a single Bitcoin is calculated at $0.07 per kilowatt-hour for thermal power, which has exceeded $20,000. The profits of miners have been severely swallowed up by the high electricity prices.
In terms of policies, measures such as Russias power rationing, the United States taxation, and the European Unions carbon tax have caused compliance costs to soar by 30%, and mining sites have become the abandoned children of policy support.
Furthermore, the construction of a traditional mine takes 3-6 months, while the iteration cycle of a mining machine is only 12 months. It may face technological obsolescence as soon as it goes into production, and the time-consuming construction has become a nightmare.
The emergence of MinerPowers integrated gas-computing and water-cooled container directly addresses the above three pain points and aims to bring crypto mining into the new energy era.
First, there is the fuel revolution brought about by the zero electricity bill. The cost of ordinary standard natural gas power generation is about 0.02-0.03 US dollars per kilowatt-hour. If waste resources such as oil field associated gas and gas are used, the fuel cost is close to 0 US dollars per kilowatt-hour. For example, in Siberia and Tyumen, Russia, 120 million cubic meters of associated gas are processed annually, the cost of power generation is zero, and the annual electricity bill savings exceed 8.4 million US dollars.
Secondly, it has the advantage of extremely fast deployment. It adopts modular prefabrication. MinerPower-D5 00 WF and 96 BITMAIN-S 19 XP+hyd water-cooled mining machines can be hoisted on site and put into use. The construction period is ≤ 3 days, which is 60 times faster than traditional mines. It can also adapt to a variety of special environments and can evacuate restricted areas within 48 hours.
Third, intelligent operation and maintenance brings the failure rate close to zero. The LINKPlant platform can monitor 10,000+ equipment parameters in real time, with a fault self-detection response speed of < 50 ms. Only 2 people are needed to operate and maintain 10 MW. In the extremely cold Siberia at -50°C, it has patented antifreeze technology, ignites in 7 seconds from cold start, and has no failures for 360 consecutive days. In the high temperature of Nigeria at +50°C, through water cooling circulation and microchannel heat dissipation, the chip temperature fluctuation is ≤ 2°C and the failure rate is < 0.5%.
In terms of cost comparison, the construction cost of a traditional mining farm (mine only) (1 MW) is between US$360,000 and US$600,000, while that of MinerPower (mine + self-powered power plant) is only US$150,000 to US$300,000. The unit price of electricity is US$0.07 for the former and US$0.025 for the latter, and the deployment cycle is a world of difference.
MinerPower has demonstrated its strength in actual operation around the world. At the 20 MW air-cooled mine in Benzhe, Nigeria, the failure rate was 0.3% at 50°C, and the operation and maintenance costs were reduced by 40%. In Yakutia, Russia, the online rate of mining machines reached 99.7% in the extremely cold environment of -50°C.
MinerPower can not only be used for Bitcoin mining, but also switch to AI training with one click (compatible with NVIDIA HGX H100 cluster), increasing computing power utilization by 30%. Its goal is to deploy 1,000 MW globally by 2026, consume 5% of Bitcoin computing power, become a green computing power pillar supported by new self-generated energy, and lead computing power infrastructure into a new future.
Data source:
Cambridge Bitcoin Electricity Consumption Index (CBECI)
International Energy Agency (IEA) Distributed Energy Report
Test report from third-party testing agency TÜV Rheinland
EU Allowance (EUA) Price Trends
