The strategic expansion in North America continues, and the acquisition is expected to end in the first half of 2025.
According to the latest analysis of the Coendesk industry, the Bitcoin mining industry in North America has experienced an annual growth rate of approximately 15%, driven by the continuous fall of electricity costs. To capitalize on this advantageous tendency, the Bitcoin Mining Services Provider recognized globally CJMI He announced that he has signed a letter of intention to acquire a control participation in a Bitcoin mining installation of 53 megawatts (MW) located in Oklahoma, United States.
Low cost energy strategy: electricity costs only $ 0.029/kWh
The official CJmining announcement stressed that the specific mining installation is located in a remote and depopulated area of āāOklahoma and is equipped with advanced infrastructure that includes a stable power supply, latest generation security systems and modern mining equipment. The installation uses Bitcoin mining hardware refrigerated by air to keep high -performance and stable hash rates.
CJmining emphasized that the installation has an extremely competitive electricity price, with an average of around $ 0.029 per kilowatt-Hora (KWH), substantially below the current average of the North American Industry of approximately $ 0.04/kWh. This advantage is expected to increase significantly the company’s long -term profitability and the competitive position in the mining industry.
The acquisition is subject to several standard conditions, including financial audits and due legal diligence, with the end of expected in the first half of 2025. However, the company has recognized that the end of the agreement will depend on the satisfactory results of the due diligence process.
CJmining CEO highlights the long -term strategic vision
In a recent media interview, CJmining CEO declared:
As the Bitcoin mining industry in North America continues its rapid growth, it is crucial for us to take advantage of low -cost energy advantages and establish proactive operations in high growth regions. This acquisition is a fundamental step to achieve the ambitious target of CJmining to reach 1 Gigawatts (GW) of the global mining power capacity.
In addition, it emphasized that the company remains committed to maintaining the safe, compatible and transparent block chain infrastructure, with future plans to expand operations to the main sectors of additional digital assets.
CJmining Pool launch to improve market competitiveness
In parallel, CJMI Recently it launched its patented mining pool service, the miners reduction group, offering the miners exceptionally competitive commissions from 0.4%. Miners can easily access pool services through the official CJmining application, which currently focuses exclusively on Bitcoin mining (BTC).
CJmining Pool provides miners to have HASH rate monitoring in real time, optimized firmware solutions and regular equipment maintenance services. In addition, custom mining solutions are available for institutional clients, aimed at maximizing the general profitability of mining.
Community promoted strategy: encourage shared growth
To promote a vibrant mining ecosystem, CJMI He has introduced an encouraged reference program encouraging users to invite friends to join Bitcoin mining activities. Participants in the reference program receive additional rewards, effectively promoting their individual profits and benefiting the general community.
This approach is aligned with current digital marketing trends, with recent studies that show that the growth of the references based significantly significantly improves user participation and mining profitability compared to traditional methods.
Future perspective and market positioning
As Bitcoin’s global mining industry enters a new growth phase in 2025, the strategic positioning of CJmining in the low -cost energy market of North America substantially improves its competitive advantage. The company’s executives confirmed that CJmining would continue to strengthen associations with the main manufacturers of ASIC mining teams worldwide, ensuring technological leadership and maximizing long -term benefits for miners.
Media contacts:
ā Contact: Andrew Jackson
ā Organization: CJmining
ā Email: [email protected]
ā Address: Ohio, United States
Discharge of responsibility: The information contained in this document is provided without considering its personal circumstances, therefore, it should not be interpreted as financial advice, investment recommendation or an offer or application for any transaction in cryptocurrencies.
