Cryptocurrency mining giant launches platform to connect miners with data centres

Bitmain announces miner-data centre matching service to consolidate market grip

A cryptocurrency mining giant that produces the chips used to generate most of the world’s virtual coins is launching a data centre matching platform to help miners find the best locations to host their mining rigs.

Bitmain, which currently dominates the crypto mining hardware sector, is seeking to extend its grip on the industry by helping hardware owners find the most economical sites for their mining machines.

Presently there is no easy, centralised, way for mining farms to connect with miners who need facilities in which to host their rigs. As a result, farm owners typically have excess capacity that goes to waste.

Bitmain’s new platform, dubbed World Digital Mining Map (WDMM), provides a hub for mining farmers to advertise available resources.

Dozens of mining farms have already signed up to the service, scheduled to officially launch on 8 October at the World Digital Mining Summit (WDMS) in Frankfurt.

Matthew Wang, director of Mining Farm, Bitmain, said the platform will help make cryptocurrency mining more sustainable.

“The WDMM will help make cryptocurrency mining more sustainable in the long-run by connecting mining farms and hardware owners in a whole new way,” he said. “It is part of our commitment to provide miners with on-going support throughout their hardware’s lifetime and to support the sector’s overall growth.”

Bitmain will also assist mining farms with design, and support with operations, purchasing and construction.