What Uminers does

Uminers is a Hong Kong-headquartered, privately held distributor and infrastructure operator for the cryptocurrency mining industry, founded in 2017 as a spin-off of UASIA GROUP. The company sells ASIC mining hardware from major manufacturers (Bitmain, MicroBT/Whatsminer, Bitdeer, Canaan, Goldshell, Elphapex, IceRiver) through a direct e-commerce platform, with pricing denominated in USDT and delivery from warehouses in Hong Kong and the United States. Beyond hardware resale, Uminers operates a managed hosting business at more than 300 MW of capacity across two data centers — including a wholly-owned subsidiary, Uminers Ethiopian Data Center PLC — offering uptime from 95% and electricity from $0.055/kWh.

The company has extended up the value chain into turnkey engineering and modular mining infrastructure. Its HydroCore water-cooled container line (168–480 unit capacity, up to 160.8 PH/s per container) is engineered to serve both Bitcoin mining and AI/HPC data center workloads, and the firm sells full-cycle design, construction, and commissioning services for modular data center builds. A separate "Mining Investments" offering enables clients to take equity-style positions in early-stage data center construction projects, creating a capital deployment overlay on top of the hardware and hosting core.

Go-to-market is sales-led and event-driven, combining a multilingual product catalog, consultation requests, and active participation in major industry conferences (Blockchain Life, World Digital Mining Summit, Token 2049, Mining Disrupt). The customer base spans 7,000+ enterprise, institutional, and retail crypto investors across at least eight countries, and the firm has been recognized as "Best Mining Distributor" for four consecutive years (2022–2025). Revenue mechanics combine one-time hardware and container sales with recurring hosting fees and professional services, and the business is led by Founder and CEO Batyr Hydyrov under the UMINERS TECHNOLOGY CO., LIMITED legal entity registered in Singapore.

Name

Uminers

Legal name

UMINERS TECHNOLOGY CO., LIMITED

Website

https://uminers.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Uminers is a Hong Kong-headquartered distributor and infrastructure operator that sells ASIC mining hardware from major manufacturers, operates 300+ MW of crypto mining hosting capacity, and delivers turnkey modular data center and container solutions to 7,000+ crypto investors across 8 countries.

Ownership category

akta.pro rank

Product category

Cryptocurrency Mining Infrastructure

NAICS

Mining Machinery and Equipment Manufacturing (333131)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD)

akta.pro secondary industries

Mining Hosting, Colocation & Managed Facilities (FSADAOAE), Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG)

Keywords

• ASIC mining hardware
• Mining hosting services
• Cryptocurrency mining equipment
• Bitcoin data centers
• Mining infrastructure engineering

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. ASIC Miner Sales: One-time hardware sales of ASIC miners from manufacturers including Bitmain, Bitdeer, Whatsminer, Canaan, Goldshell, and IceRiver. Prices range from approximately $670 to $10,664 USDT per unit depending on model and specifications.
2. Hosting Services: Miner hosting services at data centers with 2 locations, total capacity over 300 MW, energy sources from State Grid and Natural Gas. Minimum order of 50 units, uptime from 95%, electricity rate from $0.055 per kWh.
3. Mining Container Sales: Sale of mining containers including HydroCore 3U ($138,000) and HydroCore 480 ($164,000) with integrated cooling systems and high-capacity mining units.
4. Data Center Construction Investment: Investment opportunities in early-stage data center construction projects for partners and clients to secure favorable entry conditions.
5. Turnkey Infrastructure Engineering: Full-cycle engineering services for Bitcoin data centers and AI-ready facilities including design, construction, and commissioning of modular buildings, containers, and cooling systems.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Uminers is an authorized international distributor of ASIC cryptocurrency mining hardware from leading manufacturers (Bitmain, MicroBT/Whatsminer, Bitdeer, Canaan, Goldshell, IceRiver) combined with operating its own mining hosting facilities (300+ MW capacity) and providing turnkey engineering services for Bitcoin and AI data centers. The company sells standalone mining rigs and modular HydroCore water-cooled containers, while also hosting customer miners at its data centers and offering investment opportunities in early-stage mining facility projects.

Product overview

Uminers operates as a comprehensive cryptocurrency mining ecosystem offering both products and services. The core product offering consists of an ASIC Miner Store (e-commerce platform for purchasing mining hardware from Bitmain, Whatsminer, Bitdeer, Canaan, Goldshell, Elphapex, and IceRiver), paired with Mining Hosting Services (professional data center hosting with 300+ MW capacity), and Mining Containers (custom modular containers including HydroCore water-cooled units). Additional services include Turnkey Mining Solutions (calculator-based customization), Mining Investments (data center investment opportunities), and Full-cycle Infrastructure Engineering (design, build, and commission Bitcoin/AI data centers). The portfolio covers the complete mining lifecycle from hardware procurement through hosting and facility engineering.

Differentiator

Problem solved

Functional benefit

Products and services

• ASIC Miner Distribution E-commerce platform selling authentic ASIC cryptocurrency mining hardware sourced directly from authorized manufacturer partnerships. Units range from entry-level home miners ($670 USDT) to high-performance hydro/immersion cooled rigs ($10,664 USDT) supporting Bitcoin, Litecoin, Dogecoin, Kaspa, Zcash, Horizen, DigiByte, Bitcoin Cash, and Aleo mining. Available to enterprise and individual buyers globally with USDT payment acceptance, installment options, and up to 12-month warranties.
• Cryptocurrency Mining Hosting Service Professional managed hosting for customer-owned ASIC mining hardware at Uminers-operated data centers with combined capacity exceeding 300 MW, energy from State Grid and natural gas, minimum order of 50 units, 95%+ uptime, and electricity rates starting at $0.055 per kWh. Includes facility operations, power delivery, cooling, and monitoring for enterprise mining operators.
• HydroCore Modular Mining Containers Modular water-cooled mining containers sold as standalone units with integrated cooling and high-density mining hardware. HydroCore 3U ($138,000) supports 168-240 units with up to 145 PH/s hashrate and 2,500 kW max power load; HydroCore 480 ($164,000) supports 480 units with up to 160.8 PH/s hashrate and 2,770 kW max power load. Designed for both Bitcoin and AI data center deployments.
• Turnkey Mining Solutions Customized turnkey mining solutions providing engineering, hardware specification, and facility design support for customers building dedicated mining operations. Enables selection of any hardware, scale, and cooling method for AI and Bitcoin Data Center deployments.
• Mining Infrastructure Investment Opportunities Investment products allowing partners and clients to participate in early-stage cryptocurrency mining data center construction projects with preferential entry conditions. Targets institutional investors and mining operators seeking exposure to mining infrastructure buildouts.
• Full-Cycle Data Center Engineering Services Comprehensive engineering services covering design, construction, and commissioning of Bitcoin data centers and AI-ready facilities including modular buildings, containers, and cooling systems. Tailored for any location and climate conditions for enterprise clients establishing mining or AI compute infrastructure.

Quantifiable outcome

• 98% uptime for competing hosting providers
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core, major, flagship and minor.

• BitmaincoreChannel Partner/ Reseller/ DistributorOfficial distributor and authorized partner of Bitmain, one of the world's largest ASIC miner manufacturers. Uminers sells Bitmain products including Antminer S21, L9, L7, and Z15 series with full warranty support.
• MicroBTcoreChannel Partner/ Reseller/ DistributorOfficial distributor of MicroBT Whatsminer products. Uminers offers Whatsminer M60S++, M70, and M63S+ series miners.
• BitdeermajorChannel Partner/ Reseller/ DistributorAuthorized seller of Bitdeer Sealminer products including A2, A2 Pro, and A3 Hydro series with direct supplies from the manufacturer.
• CanaanmajorChannel Partner/ Reseller/ DistributorAuthorized distributor of Canaan Avalon Q miners and other Canaan products.
• GoldshellmajorChannel Partner/ Reseller/ DistributorAuthorized distributor of Goldshell products including XT Box miners.
• IceRivermajorChannel Partner/ Reseller/ DistributorAuthorized distributor of IceRiver ALEO AE3 miners for zkSNARK algorithm.
• Binance CustodyflagshipStrategic or Co-development PartnerExpanded partnership with Binance for its new custody service, enabling secure storage solutions for cryptocurrency assets.
• LedgerminorGTM or Marketing PartnerCollaborative branding and marketing partnership for hardware wallet integration and security solutions.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Hive Digital Technologies: Hive Digital operates Bitcoin mining and recently launched AI/HPC cloud services on its existing data center footprint. Competes with Uminers on the institutional mining hosting side and increasingly on AI data center build-out engineering services.
• Riot Platforms: Riot Platforms operates one of North America's largest Bitcoin mining facilities and is developing substantial hosting and HPC/AI colocation capacity. Competitor for institutional mining customers and infrastructure investment capital that Uminers targets.
• Marathon Digital Holdings: Marathon Digital is a large-scale publicly listed Bitcoin mining operator with significant hashrate and infrastructure investments. While Marathon self-mines rather than distributes hardware, it competes for the same hosting infrastructure capacity and institutional mining capital as Uminers.
• CleanSpark: CleanSpark is a publicly listed Bitcoin mining operator with rapidly expanding hashrate and a growing focus on HPC/AI hosting. Competes with Uminers' hosting offering for institutional mining demand and emerging AI colocation opportunities.
• Hut 8 Corp. Hut 8 is a publicly listed digital asset infrastructure operator running both self-mining and third-party hosting at scale. Its hosting business is a direct competitor to Uminers' mining hosting services in the institutional segment.
• Canaan Inc. Canaan is a publicly listed ASIC manufacturer (Avalon series) that also sells direct and through distributors including Uminers. While Canaan operates at the OEM layer, its direct sales and Avalon Q offerings overlap with Uminers' distribution catalog.

Direct peers

• Bitdeer Technologies: Bitdeer is a vertically integrated crypto mining company that manufactures its own Sealminer ASICs and operates large-scale hosting facilities. Uminers is an authorized Sealminer reseller, making Bitdeer both a partner and a direct competitor in hosting and hardware distribution.
• Compass Mining: Compass Mining operates a marketplace for ASIC hardware sales and third-party hosting capacity, mirroring Uminers' combined hardware-distribution and hosting model. Both target individual and institutional miners globally with a multi-OEM catalog and usage-based hosting contracts.
• BT-Miners: BT-Miners is an online retailer of ASIC miners from Bitmain, MicroBT, and other manufacturers, serving a similar global customer base of home and small-scale miners. Operates as a direct catalog competitor to Uminers' ASIC miner store.
• ASIC Miner Market: ASIC Miner Market is a multi-OEM ASIC distribution platform selling Bitmain, Whatsminer, and Canaan miners globally. Closely comparable e-commerce-first distribution model targeting the same retail and small-business mining customer segments as Uminers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/uminersofficial
• LinkedInlinkedin.com/company/uminers

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Uminers