This collaboration promises to deliver a top-tier self-custody option for miners through Ledger Enterprise, equipping them with advanced hardware and strong digital asset security. A pilot for a new zero-interest loan program is also showing promising results.
As of February 19, 2025, in Hong Kong, Uminers—a major player in cryptocurrency mining equipment distribution and leader in comprehensive mining solutions—announced a strategic partnership with Ledger, renowned for its commitment to digital asset security for both individuals and businesses. This collaboration plans to utilize Ledger Enterprise’s corporate self-custody platform to boost the security and growth potential of Uminers’ mining operations worldwide. Attendees of the exclusive VIP Night during Consensus Hong Kong, hosted by Uminers and Ledger, will get a first look at this initiative and the upcoming zero-interest mining loan program.
### Enhancing Mining Security
By incorporating Ledger’s enterprise-level custody solutions, Uminers is set to maintain the safety, transparency, and easy verification of its customers’ Bitcoin (BTC) and other cryptocurrencies. Known for forming strong alliances with industry leaders, Uminers aims to provide top-notch protection to its global clients, who are in search of reliable, efficient, and secure mining operations.
“Our vision has always been to ‘Make Mining Easy’ and accessible to all,” expressed Batyr Khydyrov, CEO of Uminers. “Partnering with Ledger adds a vital security and trust component to the mining landscape, further demonstrating our dedication to offering cutting-edge solutions that allow miners globally to concentrate on growth and innovation.”
### Preview: Zero-Interest Mining Loan Program
In addition to working with Ledger, Uminers is rolling out a zero-interest loan program designed to make state-of-the-art mining equipment more attainable. Successful initial tests of this loan offering have already financed the purchase of over 15,000 mining devices, backed by a 1,000 BTC deposit.
To date, this pilot initiative has seen over $100 million in loans issued. Following this positive reception, further evaluations are underway to refine the program, ensuring it is robust, secure, and scalable for all Uminers’ clients. Keep an eye on Uminers’ social media for updates on the official launch in the coming weeks and months.
### Uminers in Numbers
– Over 60,000 mining devices sold annually
– Exceeded $500 million in revenue (2024)
– Anticipated total capacity of 175 MW at Uminers’ Ethiopia Data Center by the end of the year
– Recognized as “Best Mining Company” at the 2024 Blockchain Life Awards, among numerous achievements
### Cutting-Edge Security with Ledger Enterprise
Ledger, a global leader in crypto custody and transaction security, brings its state-of-the-art non-custodial platform to the table, ensuring digital assets are fully shielded from inside threats. Uminers, through Ledger Enterprise, introduces institutional-grade security and workflow management to its mining operations, offering enhanced peace of mind for expansive growth.
“Security and trust form the foundation of the crypto ecosystem,” remarked Pascal Gauthier, CEO of Ledger. “Our partnership with Uminers showcases Ledger’s dedication to providing top-notch digital asset protection to groundbreaking mining solutions worldwide.”
### Global Growth in Full Swing
This exciting partnership with Ledger aligns with Uminers’ ongoing global expansion, particularly in emerging regions like Ethiopia, where the company is rapidly extending its data center operations. With 50 MW of power already available and an extra 50 MW nearing completion, Uminers expects to reach a total capacity of 175 MW by year-end. Besides Africa, Uminers has a strong presence in the Middle East, North America, and Asia, ensuring access to dependable infrastructure underpinned by an esteemed security partner.
### About Uminers
Founded in 2017, Uminers stands as a global force in cryptocurrency mining equipment, offering hosting, logistics, and data center construction services. Based in Guangzhou, China, the company is an official distributor for industry titans like Bitmain and MicroBT, delivering comprehensive turnkey solutions to clients all over the world. With offices in Hong Kong, the UAE, Ethiopia, Canada, and the USA, Uminers has rapidly grown its international presence.
Uminers is significantly expanding its infrastructure with a 175 MW flagship data center in Ethiopia and plans for 500 MW across Africa and another 50 MW in the Middle East. With over 60,000 mining devices sold annually, revenues eclipsing $500 million in 2024, and recognition as “Best Mining Company” at the 2024 Blockchain Life Awards, Uminers, through collaboration with Ledger, continues to lead and innovate in crypto mining, providing clients with the best solutions for their operations.
### About Ledger
Celebrating its decade-long journey in 2024, Ledger has established itself as the global leader in digital asset security for consumers and enterprises. With over 7 million devices sold across 180 countries and more than 10 languages, Ledger’s solutions are trusted by over 100 financial institutions and commercial brands. More than 20% of the world’s crypto assets are managed securely with Ledger.
Ledger offers a secure-by-design digital asset solution. Their globally respected offensive security team, Ledger Donjon, plays a vital role in protecting the digital asset landscape, particularly at a time when over $14 billion was lost to hacks, scams, or mismanagement in 2023 alone. Ledger provides peace of mind and steadfast self-custody to the global crypto community.
For more information, you can visit their Website, Telegram, Facebook, and X platforms.
Mike Tiedemann of AlTi Global
