19 February 2025
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Uminers Partners with Ledger for Enhanced Mining Security and Loan Program
Uminers Collaborates with Ledger for Enhanced Mining Security
Uminers has announced a strategic partnership with Ledger to enhance security in cryptocurrency mining through Ledger Enterprise's self-custody solutions. This collaboration aims to improve the protection of digital assets and scalability of Uminers' operations.
- Ledger Enterprise will provide institutional-grade security for Uminers’ clients.
- A successful pilot program for a zero-interest loan initiative has financed over 15,000 mining devices backed by a 1,000 BTC deposit.
- More than $100 million in loans have been issued in this pilot phase.
Key Highlights:
- Uminers sold over 60,000 mining devices annually.
- Revenue exceeded $500 million in 2024.
- Planned total capacity at the Ethiopia Data Center is 175 MW by year-end.
- Uminers was named “Best Mining Company” at the 2024 Blockchain Life Awards.
The partnership aligns with Uminers' global expansion strategy, particularly in emerging markets like Ethiopia, where it is scaling its data center capabilities.