Looking back at the outgoing year, it’s worth noting that 2024 was a busy and productive year for BitCluster. The company managed to launch and establish a large-scale project in Africa and bring a new product to market – DeMi, a token that mines bitcoin.
In this year, the computing power under BitCluster’s management on the SHA-256 algorithm reached 2.9 exahash, which corresponds to 0.36% of the global hashrate. In January 2024, BitCluster became the first Russian company to open a data center in Ethiopia with a capacity of 120 MW. Significant work was done to build and launch this project, as a result of which 80 MW has already been put into operation. Today, there are two modern BitCluster data centers operating in the vicinity of Addis Ababa. This year, infrastructure for placing 20,000 energy-efficient devices such as Bitmain Antminer S21, Whatsminer M60, and others was deployed on the sites. 50 transformers with a capacity of 2,000 kW each were connected and 80 mobile modular data centers were installed. Contracts were concluded with international companies, including clients from Russia, China, the UAE, and European countries. A team of 60 specialists is responsible for the installation and maintenance of the equipment.
Another significant development of 2024 for BitCluster was the successful launch of an RWA product – DeMi (DeMi – Decentralized Mining) token. The DeMi token provides a unique opportunity to participate in bitcoin mining without the need to acquire equipment and pay for electricity. Token holders receive daily bitcoin accruals thanks to the project’s infrastructure, which includes 1,300 modern ASIC devices with high performance installed in BitCluster data centers in Ethiopia. The stable operation of the data centers and the growth in the price of bitcoin have made DeMi one of the best tools for investing in Bitcoin in 2024. A total of 33 BTC was mined in the first year of the project.
In 2025, BitCluster will continue to develop existing projects, build and modernize data centers, and increase its presence in the global market. The total installed capacity currently under implementation is 170 MW. The main goal of the company is to ensure maximum mining efficiency while rationally using the favorable conditions on the cryptocurrency market.
“Whether we like it or not, but bitcoin is becoming a part of our daily lives. It is turning into a tool for accumulation, protection against inflation, and capital preservation. At the beginning of the year, BTC ETFs from BlackRock and other funds appeared, which added confidence to the asset. And with the arrival of the Trump team in the US, many sovereign countries began to consider the creation of reserves in BTC. I am sure that 2025 will be an interesting and eventful year!” – considers Sergei Arestov, co-founder of BitCluster.