Abstract: A cryptocurrency mining system and a cryptocurrency mining method are provided. The system includes a plurality of mining modules. Each mining module includes: a plurality of AntBoxes, each AntBox being a computational unit that houses a plurality of miners for cryptocurrency farming; a transformer configured to convert an input voltage to a working voltage to supply electric power to the plurality of AntBoxes; and a switchgear and a plurality of panelboards configured to connect the AntBoxes with the transformer. The plurality of mining modules has substantially same structure arrangement. The structure arrangement includes: configurations of the AntBoxes, the transformer, the switchgear, and the panelboards, and relative locations among the AntBoxes, the transformer, the switchgear, and the panelboards.
Type:
Grant
Filed:
December 18, 2020
Date of Patent:
September 10, 2024
Assignee:
BITMAINTECH PTE. LTD.
Inventors:
Tao Wu, Clinton Brown, Xin Wang, James Buchanan
Abstract: The present invention is a modular, energy efficient structure for housing racks of computers specifically designed for mining Bitcoin assets. The fundamental principal towards an optimized mining facility design is to decrease electricity consumption as well as effective construction budget management, ensuring only appropriate business expenditures. The side benefits including improved stability of the facility computer network and electricity supply. The design concept is carried out through a cool/hot air segregation process, which results in controllable internal facilities temperatures, dust filtration and energy savings.
Abstract: The present disclosure provides a currency settlement method and apparatus. The currency settlement method includes: settling with a mining node that acquired a first virtual currency according to a workload performed by the mining node and an income type of the mining node; according to a settlement currency type, transacting with an exchange institution to exchange an amount in the first virtual currency into an amount in a second virtual currency, the second virtual currency being the settlement currency type; and transferring the amount of the second virtual currency to an account.
Abstract: The present disclosure provides a currency settlement method and apparatus. The currency settlement method includes: settling with a mining node using a virtual currency according to a workload performed by the mining node and an income type of the mining node; transacting with an exchange institution to exchange an amount of the virtual currency into an amount of a fiat currency; identifying a settlement account associated with the mining node, the settlement account being associated with a user card number, an account name, and user account information; and transferring the amount of the fiat currency to the settlement account.