Metening uses an innovative cooling solution to make Bitcoin mining farms in the Middle East viable

Metening uses an innovative cooling solution to make Bitcoin mining farms in the Middle East viable

Dubai, United Arab Emirates, December 22, 2021, Chainwire

metamening is a Bitcoin mining process that includes over 30,000 machines that secure the network and collect BTC block bonuses. The company is located throughout the Middle East and benefits from affordable electricity. However, these devices do not need air conditioning, but are kept cool by a more energy-efficient "water curtain" system.

The company has announced that it has become one of the most profitable Bitcoin mining companies worldwide. Combined with the affordable electricity tariffs in the Middle East and a new partnership to finance development and IPO structuring aids, the way for even better things in the future.

An operation of this size requires future expansion options and solid maintenance. The founder and engineer of Metamening, Sarah Sacrispeyre, has found a solution to enable this. Through a modular approach, it is able to save costs and to improve the overall maintenance and efficiency of the ongoing operation and at the same time enable a future expansion.

Sarah Sacrispeyre and her husband, a business angel who had previously successfully sold his insurance business, founded metamining.

metamening recently teamed up with Ariane Capital to finance his current and future development. In addition, Ariane Capital Metamening will support the structuring of his upcoming IPO (IPO). The IPO will pay more attention to the cryptocurrency room and highlight the energy -efficient nature of a mining company in a country with a hot climate. Two of the twelve months represent a challenge every year due to increasing humidity.

The entire initial infrastructure of metamining was financed by the couple themselves, so that they can keep an eye on the company and expand over time. Today they operate several mining farms throughout the region and move in thousands of BTC every month. The use of algeco containers in order to put hardware online as soon as possible remains a crucial aspect because the structure of traditional buildings takes months. This container can start dismantling in a few days.

The use of water curtains makes the metamining operation incredibly energy-efficient. In contrast to cooling systems, the entire stream for online hardware and Hashing is essentially used, so that the operation can be further expanded for the foreseeable future. The hardware is operated by Bitmain Asics.

The company only reduces Bitcoin and Bitcoin Cash, since the profitability of mining tends to prefer one to the other. However, both ecosystems use the same algorithm, so that if necessary, can be conveniently switched between the chains and pools.

about metamining

metamining is the greenest and most environmentally friendly mining company in the world. The company is based in Dubai and consists of over 30,000 machines operated by Bitmain.

contacts
  • Benjamin Guez
  • ben@metamining.io


Source: Crypto-news-flash.com

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