DeMi Platform Announces a Strategic Partnership with BitCluster

Addis
Ababa,
Ethiopia,
March
26th,
2024,
Chainwire

DeMi,
an
innovative
tokenized
mining
platform,
has
announced
a
partnership
with

BitCluster,
a
leading
mining
solutions
provider,
and
this
is
an
important
step
to
expanding
the
capacity
for
both
companies.

DeMi,
an
innovative
tokenized
mining
platform
revolutionizing
the
industry,
has
announced
a
strategic
partnership
with

BitCluster,
a
leading
mining
solutions
provider.
This
collaboration
means
DeMi
can
scale
up
multiple
times
while
optimizing
energy
costs.
This
will
also
allow
platform
users
to
mine
cryptocurrency
more
effectively
since
the
price
of
electricity
is
only

$0.049
per
kWh.

Equipment
power
is
transformed
into

DEMI
tokens,
the
process
involves
the
conversion
of
computational
power
from
mining
equipment
into

DEMI
tokens,
serving
as
a
tangible
representation
and
confirmation
of
purchasing
a
designated
hashrate.
To
begin
mining
on
the
platform,
users
simply
need
to
purchase
and
stake
these
tokens.
This
innovative
approach
allows
users
to
actively
participate
in
the
mining
process
with
ease.
This
system
not
only
democratizes
access
to
mining
by
simplifying
the
entry
process
but
also
ensures
that
participants
can
directly
contribute
to
and
benefit
from
the
network’s
security
and
consensus
mechanisms.

At
the
end
of
December
2023,

BitCluster
announced
the
launch
of
a
120
MW
data
center
in

Ethiopia
with
a
total
area
of
30
thousand
square
meters.
This
amount
of
power
allows
them
to
place
over
30
thousand
mining
machines
such
as
Antminer
S21
200Th.

“We
considered
many
options
to
place
our
equipment,”
Andrey
Mashitskiy, DeMi
Product
Owner
said.
“And
after
months
of
searching,
we
finally
found
the
ideal
solution—the

BitCluster
facility
in
Ethiopia.
This
is
a
country
with
a
perfect
climate:
the
average
daily
temperature
ranges
from
12
to
23
degrees,
and
there
is
no
dust
or
heat.
The

BitCluster
data
center
is
located
in
the
capital,
Addis
Ababa,
which
is
convenient
for
logistics.
And
the
main
reason
for
this
decision
was
the
low
electricity
price.”

DeMi
has
already
placed
more
than
500
devices
at
the
new
facility
with
a
total
capacity
of
59
Petahash
and
plans
to
further
expand
mining
capabilities
at
the

BitCluster
data
center
in
Ethiopia.

For
more
information
about
DeMi
and
their
partnership
with
BitCluster,
users
can
visit

here.

About
DeMi

DeMi
is
a
tokenized
mining
platform
that
enables
users
to
get
BTC
rewards
using
DEMI
token.
By
offering
a
unique
mining
experience,
DeMi
allows
users
to
effectively
engage
in
cryptocurrency
mining.

About
BitCluster

BitCluster
is
a
modern
mining
solutions
provider.
BitCluster
provides
end-to-end
solutions
for
hosting
and
maintaining
high-power
computing
hardware
for
users
looking
to
scale
their
Bitcoin
mining
capabilities
while
keeping
energy
costs
at
the
lowest
possible
level.

Contact

DeMi
Product
Owner
Andrey
Mashitskiy
DeMi
[email protected]