Unmatched Energy Costs
explore Exceptional Mining Opportunities in Ethiopia
Tap into Ethiopia's low-cost, renewable energy for more profitable mining. Join Hashlabs to maximize your mining returns with sustainable energy solutions tailored to your needs.
Start now and elevate your mining efficiency.
Next Shipment to Ethiopia
Boost Your Mining Profits
Experience cost-effective Bitcoin mining and optimal climate conditions
Experience exceptional mining efficiency in Ethiopia, known for its low operational costs and sustainable energy practices. Harness the power of local hydropower to minimize your carbon footprint and maximize operational efficiency.
Benefit from Ethiopia's cooler climate which naturally prolongs hardware life and reduces cooling expenses, ultimately lowering maintenance costs and boosting your profitability.
Next Shipment to Ethiopia
YOUR GATEWAY TO MAXIMIZING BITCOIN MINING PROFITS
Flexibility
Solutions crafted to fit your journey, from humble beginnings to significant scaling.
Fixed Electricity Price
Lock in your expenses with a 2-year fixed electricity rate at $0.058/kW.
Eco-Conscious Mining
Embrace sustainability with our hydro-powered facilities, leading the way in environmentally responsible Bitcoin mining.
Transparency
Clear and straightforward operations, promising your mining starts within 90 days of your initial investment.
All-Inclusive Care
Hassle-free maintenance managed by us, with transparent costs for parts and zero hidden fees.
Reliable Performance
Upgrade to the latest T21 190TH machines, ensuring superior and uninterrupted mining efficiency.
Your Path to Bitcoin Mining Success
Tailored Solutions for Investors, Entrepreneurs, and Enthusiasts
Bitcoin Investor
Savvy Bitcoin investors seeking efficient ways to expand their digital asset portfolios.
Business Diversifier
Entrepreneurs looking to enrich their investment spectrum with profitable Bitcoin mining ventures.
Tech Enthusiasts
Early adopters eager to leverage cutting-edge mining technology for optimal performance.
Green Energy Advocates
Environment-conscious individuals drawn to sustainable, hydropower-based Bitcoin mining.
Relocation Miner
Miners looking for a more efficient, cost-effective location to relocate their existing mining equipment.
Passive Income Seeker
Individuals aiming for additional, low-effort income streams through reliable Bitcoin mining.
Hear From Our Satisfied Partners And Clients
who've experienced the Hashlabs difference
"Praising Hashlabs for Unmatched Transparency and Reliability"
I've been following Hashlabs' journey in the crypto space, and their commitment to transparency and reliability is unmatched. Their detailed updates and clear communication make me confident that their new facility in Ethiopia will be a game-changer in sustainable Bitcoin mining. - Brian Kim, Tech Entrepreneur
"Applauding Hashlabs for Leading the Way in Eco-Friendly"
In a world where sustainability is key, Hashlabs stands out for their commitment to eco-friendly mining solutions. Their new hydropower-based facility in Ethiopia is a testament to their dedication to the environment. I trust Hashlabs to lead the way in responsible Bitcoin mining. - Steven Quinn, Digital Investor
"Celebrating Hashlabs' Innovation and Ethical Approach"
As a Bitcoin enthusiast, I'm always on the lookout for companies that push the boundaries of innovation. Hashlabs has impressed me with their state-of-the-art mining technology and sustainable practices. Their approach to transparent and ethical mining aligns perfectly with what I look for in a mining partner. - Gulnara Slambekova, Bitcoin Enthusiast
Co-Founder
Jaran Mellerud
Jaran Mellerud, a visionary and authoritative figure in the Bitcoin mining sector, joins Hashlabs as the Co-Founder. With his extensive background in Bitcoin mining analytics and consultancy, Jaran brings a wealth of knowledge and a passion for the industry to Hashlabs. His experience spans across various global mining operations, providing him with a unique perspective on what makes a mining operation successful.
Strategic Leadership: Jaran will leverage his deep industry insights to guide Hashlabs' strategic direction, ensuring we stay at the forefront of Bitcoin mining technology and practices.
Operational Excellence: With his hands-on experience in numerous mining operations, Jaran will oversee the optimization of our mining processes, aiming to maximize efficiency and profitability.
Industry Networking: Utilizing his vast network within the Bitcoin mining community, Jaran will help Hashlabs forge valuable partnerships and collaborations, enhancing our market presence and capabilities.
Co-Founder and Chief Mining Officer
Alen Makhmetov
Meet Alen Makhmetov, the visionary behind Hashlabs. Originally from Kazakhstan, Alen brings a wealth of expertise ranging from traditional mining to pioneering sustainable Bitcoin practices. With extensive experience in commodities trading, traditional mining, and the energy sector, Alen's passion for Bitcoin mining motivated him to establish his own mining facility. Today, Hashlabs operates across Kazakhstan, Russia, and Ethiopia, with potential expansion into Indonesia.
Diverse Professional Expertise: From commodities trading to traditional mining and the energy sector, Alen's multifaceted experiences have equipped him with a unique industry perspective.
Academic Excellence: Specialized in automation and industrial engineering from renowned Chinese universities, laying a solid foundation for his ventures.
Global Mining Operations: Founder of a mining facility with operations in Kazakhstan and Russia, and active expansion plans in Indonesia.
Co-Founder and Chief Strategy Officer
Marek Safarik
Meet Marek Safarik, the strategic architect and driving force behind Hashlabs. With an 8-year track record in business development and strategy, Marek has refined his expertise through the mentorship of renowned figures like Dan Kennedy and Grant Cardone. His career is marked by a deep commitment to integrating Bitcoin into global business practices.
Strategic Visionary: Marek's sharp strategic insights allow him to spot unique market opportunities and quickly adapt business tactics, keeping Hashlabs at the forefront of the rapidly evolving Bitcoin sector.
Business Development Expert: Marek is adept at identifying and executing growth opportunities, driving Hashlabs' expansion and enhancing its competitive edge in the Bitcoin industry.
Global Vision: Marek is dedicated to leveraging Bitcoin to foster global economic empowerment. His vision extends beyond conventional business objectives, aiming to make Bitcoin an integral part of everyday financial transactions and helping people worldwide embrace its potential.
Sales Manager
Dominik Wanzowitsch
Embark on your Bitcoin mining journey with Dominik, a seasoned expert whose background spans energy and carbon markets to the technological realms of semiconductors and hardware. His career transition into Bitcoin mining combines his technical trading expertise with his passion for Bitcoin, making him an invaluable asset to our team.
Market Savvy: Dominik brings a wealth of knowledge from traditional markets and technology trading, providing him with unique insights into the critical factors that influence the Bitcoin mining landscape.
Bitcoin Advocate: Having delved deep into the Bitcoin ecosystem years ago, Dominik is driven by a mission to expand Bitcoin's influence and usability. He leverages his extensive trading background to enhance our sales strategies and customer engagement.
Connector and Communicator: Known for his dynamic presence at business conferences and social events, Dominik excels in networking and building meaningful relationships. His enthusiasm for educating both newcomers and seasoned enthusiasts about Bitcoin makes him a pivotal figure in promoting our community's growth.
Social Media Influencer: Dominik is committed to demystifying Bitcoin mining and its benefits through daily updates and insights on social media, helping to foster a broader understanding and adoption of Bitcoin.
Frequently Asked Questions
What makes Hashlabs different from other Bitcoin mining services?
Hashlabs stands out with its commitment to sustainability, operating a state-of-the-art facility powered by hydropower in Ethiopia. We prioritize transparency, offering clear communication and fixed electricity rates, and our comprehensive care approach ensures that all maintenance and repair needs are efficiently handled.
How will machines be shipped to the facility?
Importing machines to Ethiopia is straightforward. We are cooperating with a local freight forwarder that ships the machines by plane to Ethiopia’s capital, Addis Ababa, which is only two hours from our facility. We will pick them up at the airport and handle the imports with a local partner, which has imported thousands of machines to Ethiopia without any issues. The import duty is only 7% with no import VAT.
Can I relocate my existing mining equipment to Hashlabs' facility?
Absolutely! We welcome miners who wish to relocate their existing equipment to our facility. Our team will assist you in the transition process, ensuring a seamless integration of your machines into our system, all while benefiting from our lower electricity rates and comprehensive maintenance services.
What are the electricity rates and how are they calculated?
We offer competitive electricity rates starting as low as $0.058/kWh. These rates are carefully calculated based on our efficient use of hydropower, allowing us to pass on the cost benefits to our clients. Additionally, we offer a fixed rate for one year, ensuring that your mining costs remain predictable and affordable.
Who owns the hosting facility?
We own some containers at a 120 MW co-location facility. We have engaged an operating company with 7 years of experience running 5 facilities with several hundreds of megawatts of capacity
How will repairs be handled?
There is a Bitmain-certified repair center at the facility. Bitmain owns 40 MW of containers at the facility, so they naturally will have a repair center there. The repair center provides quick repairs at prices shown in the contract.
How large is the political risk in Ethiopia?
Well, we are talking about Africa here. So there is some political risk. However, Ethiopia is one of the most stable and well-developed countries in Africa and the political risk is significantly lower than in most countries on the continent. In addition, while the political risk is higher in Ethiopia than in the US, we would argue that the overall risk of mining in Ethiopia is actually lower due to the low hosting fee. Miners hosting in the US at $0.07/kWh or higher run a massive risk of not getting through the halving. By mining in Ethiopia at $0.058/kWh, you don’t run this risk. So to sum up, the political risk is higher, but the financial risk is lower.
How is the security at the site?
The site is located behind two layers of barbed-wire fences. The first fence is around the substation area, and the second is around the site. Also, we have armed guards patrolling the area.