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What Is Oneminers and How You Can Mine Crypto

4.4
| by
CoinGecko
|
Edited by
Vera Lim
-

What Is OneMiners?

OneMiners is a leading mining hosting provider for ASIC miners, offering mining facilities with some of the lowest prices per kWh. This allows customers to achieve greater profitability in mining cryptocurrencies such as Bitcoin, Kaspa, Alephium, Litecoin, and Dogecoin.


Key Takeaways

  • OneMiners is a crypto-mining service provider that sells mining equipment and offers cost-effective hosting services for users who wish to set up nodes on PoW networks.

  • Through partial ownership and data centers, OneMiners offers users a flexible solution to crypto mining, allowing more people to participate in network security for a cheaper price.

  • OneMiners is expanding its global coverage, reaching countries in Europe, USA, and the Middle East.


What Is OneMiners

The earliest blockchains were built on the Proof of Work (PoW) consensus mechanism, where network security is reliant on miners, who use specialized hardware to solve complex mathematical problems. Bitcoin is still using PoW, with a few up and coming chains like Kaspa also opting for PoW due to its improved security and decentralization. 

However aspiring miners face an uphill challenge in setting up a crypto mining facility; primarily due to advancements in this space, the growing mining difficulty, and the difficulty in obtaining the right mining equipment. This is on top of challenges like the cost of mining equipment, electricity and labor costs, and other logistics.

And here’s where OneMiners comes in. With OneMiners, prospective miners can now leave the day-to-day management of their mining equipment to an experienced company. 

Introducing OneMiners

OneMiners offers mining equipment, a subscription-based management system for cryptocurrency miners, and a split-ownership system that allows individuals to own a fraction of a desired mining setup. OneMiners is also recognized as the best cryptocurrency mining platform in 2024 by Pc Praha, the largest seller of mining machines in the Czech Republic, citing its high performance and efficiency, user-friendly interface, and transparent costs and warranty.

OneMiners offers a flexible ownership system ranging from as little as 1% ownership to complete ownership and even delivery of mining equipment. OneMiners also takes on the day-to-day operations of running cryptocurrency mining facilities, reducing the time and effort needed to run a mining rig. Depending on the blockchain and the mining rig selected, users can earn profits of up to $842 per day, including electricity costs. 

OneMiners began as CircleHash, which focused on hosting miners from IceRiver, iBeLink, and also hosts Bitmain Asic miners directly from the Bitmain factory. CircleHash evolved into OneMiners, broadening the company’s focus to include AI technology.

According to OneMiners, the project team consists of experienced members in the crypto-mining space. OneMiners also boasts a decade-long record of providing cryptocurrency mining and data management services for PoW blockchains, with data centers in Norway, Central Europe, Dubai, Paraguay, and USA, and boasts a combined capacity of 4 MW. It also plans to expand its data center to the Asian continent.

Key Features of OneMiners

Now, let’s take a look at some of the key features of OneMiners

AI Smart Mining

OneMiners’s AI Smart Mining features combines Artificial Intelligence (AI) and cryptocurrency mining by integrating advanced AI algorithms to identify the most profitable mining pools. It does this through real-time market analysis, automating the adjustment of mining efforts and strategies to adapt to market changes without requiring manual intervention. It ensures cost-effectiveness by routing miners’ resources to the most profitable mining pools, ensuring efficiency and reducing downtime.

Seamless User Experience

OneMiners makes it easy for users to manage their mining operations anywhere, offering users the following features:

Efficient Mining Facilities

According to OneMiners, it operates secure mining facilities with robust infrastructure and proactive maintenance. This ensures mining efficiency with 95% uptime, which in turn guarantees more consistent mining and increased chances of validating new transactions and subsequently earning more mining rewards.

As seen in the chart below, OneMiners has consistently maintained 100% uptime since May 2024.

OneMiners Uptime

Miner Ownership and Warranty

OneMiners offers its customers the option of full control and ownership of their miners, removing the dependency on rental agreements and its potential fluctuations. Customers can opt between hosting their miners at one of OneMiners' facilities, or having their miner(s) shipped to their location anywhere in the world.

There is a service center located near each OneMiner housing location, which means that most miners that need to be fixed are back online within 36 hours. This is unlike other hosting centers, which may not have service centers located nearby, requiring the company to send miners that need repair back to China. The repair can take up to five months, during which the miner will remain inactive, impacting the machine’s profitability.

OneMiners also offers a 7-year warranty for all products purchased from the company that covers any defects in materials and workmanship that occurs within normal use, regardless of whether the miner is at a hosting center. 

What Does OneMiners Offer?

OneMiners provides miners with services ranging from the sales of miners, mining facilities and hosting, along with a dedicated section on educational content around crypto mining.

Sales of Mining Equipment

Looking for mining equipment? OneMiners has ASIC miners for Bitcoin, Kaspa, Alephium, Dogecoin, and LiteCoin, with different options available based on your needs and budget.

These miners can be either delivered to your doorstep, or they can be hosted at one of OneMiners’s state-of-the-art data centers located worldwide. 

Miner Hosting

OneMiners also offers hosting services for miners. It operates data centers in Norway, Central Europe, Dubai, Paraguay, and Texas, USA, with a combined capacity of 4 MW. To ensure uninterrupted services with optimal performance, OneMiners positions its data centers in regions with abundant renewable energy resources. This is also in line with its commitment to promote greener cryptocurrency mining practices and foster a more sustainable future for the cryptocurrency sector.

To use a hosting center, users just need to select this option when purchasing their miner on the platform. OneMiners will take care of the installation of your miner at the hosting center, offering one of the fastest miner connection times by connecting it within 24 hours.

Users can track the progress through the OneMiners dashboard, which also provides them with detailed analytics and performance reports, along with additional tools like AI Smart Mining and AutoInvest, where the latter takes care of automating payment for electricity bills incurred.

Shared ASIC Miners

OneMiners also offers shared miners. Shared miners are co-owned mining equipment. It enables users to pay for only a share of mining equipment and earn revenue according to the percentage of the miners they own. Shared miners are divided into several parts, up to 100 parts. For a 10-part shared miner, users can purchase a minimum of 10% of the miner. For 100-part shared miners, users can purchase as little as 1% of the miner.

Users can choose to scale their ownership up or down at any time. That is, they can buy more parts of the shared miner. For instance, a user who owns 1/10 of a 10-part shared miner can decide to purchase one more part at any time (now owns 2/10) of the miner. This will be reflected on their dashboard. Users who manage to buy all 10/10 of a 10-part shared miner gain full ownership of the miner, and can apply for delivery to their location if they wish to exit the hosted service and run their miner in their homes or facility.

Miner Education

The integrated news terminal on the OneMiners platform contains educational materials for miners. In addition to news on platform developments, users can find handy materials on crypto mining to support their strategy for mining. Educational materials on the terminal include ASIC miner reviews, performance reviews of miners’ mining strategy, guides for mining procedures, and comparative analysis of mining equipment and platforms. OneMiners also runs a YouTube page where tutorial videos on topics related to cryptocurrency are regularly posted.

OneMiners Platform Tour

Interested in kickstarting your POW mining venture with OneMiners? Let’s take a look at what the platform looks like.

Navigating the OneMiners App

After signing up for a OneMiners account, you’ll have access to the OneMiners app and dashboard.

The dashboard provides you with an overview of your OneMiners account. You’ll be able to see your account balance, your rewards, miners online, and the hashrate for your miners.

OneMiners Dashboard

For more details around your miners, you can click on Workers. Here, you’ll be able to see all the miners, their status, daily profit estimates, and their performance.

OneMiners Workers

Ordering a Miner on OneMiners

You can also order miners through the OneMiners app. Clicking Order Miner at the top left of the app will open up a list of miners available for purchase, and the coins they can mine. 

There are also shared miners available; these are tagged with the number of shares (/10) and labeled Shared. When buying a shared miner, you can also choose the number of shares you want to purchase.

OneMiners Shared Miners

After choosing your miner, you’ll be able to choose between shipping your miner to a provided address, or hosting it at a OneMiners facility. If you purchase a shared miner, you’ll only be able to host it at a OneMiners facility and select your preferred location from the options provided.

Order a miner on OneMiners

Events Participation

OneMiners has actively engaged with the global crypto community by participating in notable industry conferences, such as BTC Prague and Blockchain Life in Dubai. These events provided OneMiners with a platform to connect with crypto enthusiasts, industry leaders, and potential clients, showcasing their innovative hosting solutions and advancements in AI-driven mining efficiency.

At BTC Prague, OneMiners introduced its unique offerings, including flexible miner ownership and high-performance hosting facilities, emphasizing the benefits of low-cost electricity and robust infrastructure to a European audience. This participation highlighted OneMiners' commitment to supporting miners in achieving greater profitability and efficiency, particularly for popular cryptocurrencies like Bitcoin and Kaspa.

At Blockchain Life in Dubai, a renowned event for blockchain and crypto enthusiasts, OneMiners underscored its role in shaping the future of sustainable crypto mining with its energy-efficient data centers in Dubai and other strategic locations worldwide. The event allowed OneMiners to present its solutions to a Middle Eastern market increasingly interested in blockchain technologies, while also highlighting its commitment to expanding its global presence and fostering a more accessible crypto-mining ecosystem for all.

Final Thoughts

OneMiners makes it easy for anyone to mine cryptocurrency through its variety of ownership options and hosting facilities, where the company takes care of the day to day operations. With additional features like AI Mining, which automatically switches to the most profitable pools, you’ll be able to enjoy optimized mining efficiency with OneMiners. OneMiners offers users cost-effectiveness, efficiency, and scalability, where users can scale their mining ventures based on their finances and demand for the project. At the same time, you’ll be able to strengthen network security through decentralization, contributing to the crypto economy.

As the project grows, its provisions are expected to expand as well and present more beneficial terms for cryptocurrency miners. We reviewed current provisions and regional availability over the course of this article. As a user, it is important to understand how these offerings apply to you and do due diligence to ensure that you select the best-suited option for you. Also, note that this article reviews OneMiners for informational and educational purposes and is not financial advice. Any featured miners and protocols are for illustrative purposes and should not be taken as an endorsement. 

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CoinGecko’s content aims to demystify the crypto industry. While certain posts you see may be sponsored, we strive to uphold the highest standards of editorial quality and integrity, and do not publish any content that has not been vetted by our editors.
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