Uminers, Ledger Team Up for Enhanced Crypto Mining Security

Generated by AI AgentCoin World
Wednesday, Feb 19, 2025 3:24 pm ET1min read
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Uminers, a leading cryptocurrency mining equipment distributor and pioneer in turnkey mining solutions, has announced a strategic collaboration with Ledger, the global leader in digital asset security for consumers and enterprises. This partnership aims to enhance the security and scalability of Uminers' global mining operations by leveraging Ledger Enterprise's self-custody platform for corporations.

The collaboration will offer miners an institutional-grade self-custody solution via Ledger Enterprise, empowering them with cutting-edge hardware and robust digital asset protection. By integrating Ledger's enterprise-grade custody solutions, Uminers will ensure that its customers' Bitcoin (BTC) and other crypto assets remain secure, transparent, and easily verifiable. This partnership underscores Uminers' commitment to providing miners worldwide with cutting-edge solutions that let them focus on growth and innovation.

Batyr Khydyrov, CEO of Uminers, stated, "Our mission is to 'Make Mining Easy' and accessible for everyone. By collaborating with Ledger, we add an essential layer of security and trust to the mining ecosystem."

In addition to the collaboration with Ledger, Uminers is developing a zero-interest mining loan program designed to make acquiring state-of-the-art mining hardware more accessible. A successful pilot test of this loan offering has already financed over 15,000 mining devices, secured by a 1,000 BTC deposit. To date, Uminers has issued more than $100 million in pilot loans under this initiative. While the pilot phase has demonstrated strong demand, further testing and feedback are underway to ensure a robust, secure, and scalable program for all Uminers clients.

As the global standard in crypto custody and transaction security, Ledger brings its state-of-the-art non-custodial platform to the collaboration, ensuring digital assets remain fully protected from within. By integrating Ledger Enterprise, Uminers adds institutional-grade security and workflow management, giving mining operations the peace of mind they need to expand confidently.

Pascal Gauthier, CEO of Ledger, commented, "Security and trust are the cornerstones of the crypto ecosystem. Our collaboration with Uminers highlights Ledger's commitment to bringing best-in-class digital asset protection to innovative mining solutions around the world."

This new endeavor with Ledger aligns with Uminers' ongoing expansion into emerging markets such as Ethiopia,

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