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Distributors
Business Description
LeedMiner, an ASIC mining equipment distributor headquartered at COFCO Joy City Boyue T2 Tower in Shenzhen's Guangdong Province, has operated in the cryptocurrency mining sector since 2017, building on the foundation of Shenzhen Leed Electronic Co., Ltd., which was established in 2008.
The distributor operates from a 1,500-square-meter Shenzhen office paired with a 3,000-square-meter workshop housing four integrated hardware testing lines, a maintenance and cleaning line, and a dedicated repair center. The combined facility employs more than 60 staff across engineering, sales, marketing, and warehouse functions. The company expanded its enterprise capabilities in 2022 with the addition of a specialized consultation team for large-scale buyers.
LeedMiner's hardware catalog spans products from eight manufacturer lines: Bitmain (Antminer series), MicroBT (Whatsminer series), Canaan (AvalonMiner series), IceRiver, Goldshell, Jasminer, iBeLink, and iPollo. The distributor also carries GPU miners and Bitdeer SealMiner hardware, including the water-cooled SealMiner A2 Hyd and A2 Pro Hyd models. Hardware offerings cover Bitcoin SHA-256 algorithms and a range of alternative-coin algorithms. Because LeedMiner sources through direct manufacturer partnerships, products include official manufacturer warranties rather than third-party coverage.
Beyond hardware distribution, LeedMiner operates a hosting-match service that connects clients with vetted third-party facilities across seven markets: the United States, UAE (Dubai), Vietnam, Nigeria, Norway, Finland, and Canada. Electricity rates across the network range from $0.05 to $0.08 per kilowatt-hour, with contracted uptime above 95%. The service is structured to accommodate deployments ranging from fewer than 10 machines to enterprise installations requiring 3 to 5 megawatts. LeedMiner separately maintains its own mining farms in Sichuan and Yunnan provinces, built in 2020. For clients in jurisdictions with restrictive cryptocurrency import rules, the company offers direct-to-hosting delivery that routes equipment from manufacturer to facility without transiting the buyer's country, alongside an end-of-life recycling and resale program for aging miners.
The company's self-reported figures include approximately $190 million in 2023 revenue, more than 500,000 units sold, and a client base across more than 100 countries. Exhibition presence includes Blockchain Life, Mining Disrupt in Miami, and BTC Prague. Data and analytics integrations run through ASICMinerValue, CryptoCompare, and NiceHash. Clients access real-time miner profitability rankings via a standalone shop portal at shop.leedminer.com. The hosting-match service is the company's primary current growth vector, with stated targets of expanding facility coverage to additional 5 MW and 10 MW-scale sites across North America and Europe.
