UminersJournal

More than 95% of Bitcoin’s total 21 million supply has already been issued, while the network continues to follow its fixed issuance schedule and halving cycle.

In the past, every conversation about crypto mining started with one sentence: “You need cheap electricity.”

If you found a rate of a few cents per kWh, everything else — geography, regulation, grid capacity, infrastructure — was considered secondary and could be fixed later.

At Uminers, we set out to imagine what the future ASIC would look like if we stopped viewing it as just another piece of hardware and started treating it as part of critical infrastructure.

Georgia is reporting a sharp increase in cryptocurrency mining, driven by affordable electricity and the formal legalization of the sector. According to official statistics, mining operations now consume roughly 5% of the electricity produced in the South Caucasus nation.

We’re launching a new series of articles in our blog: “How I Built My Company”. Each text will answer key questions and reveal important details: the first decisions, turning points, and challenges that shaped the company.

Bitcoin is still most often viewed in its simplest form - hold. But in a mature market, Bitcoin is increasingly being used as an asset embedded into a wide range of financial and operational instruments.