Bitmain creates a platform for participants in the mining industry

Bitmain creates a platform for participants in the mining industry

Chinese mining giant Bitmain has announced the creation of a platform where owners of cryptocurrency mining equipment and owners of mining farms can find each other faster.

The official launch of the service called “world map of digital mining” (WDMM) was decided to be held at the summit for miners, which will be held from October 8 to 10 in Frankfurt. All summit visitors will be able to get priority access to the platform.

“WDMM will allow owners of cryptocurrency mining equipment and owners of mining farms to find each other faster. In the long term, this will make cryptocurrency mining more sustainable,” Matthew Wang, Director of mining farms at Bitmain, said in an official press release. the

Service will serve as an open market where individual miners will be able to find the most favorable conditions for placing equipment for them. The site will be searched based on criteria such as farm capacity and energy efficiency.

In addition, Bitmain promises to provide support in construction, maintenance and customer relations to all cooperating farm owners. However, the company did not specify whether it will independently invest in farms and charge commissions for using the marketplace.

Recall that last month, Bitmain placed an order for the purchase of 600,000 chips for cryptocurrency mining.

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