Everything in Observer
Distributors
Business Description
MinersKing, a Shenzhen-based cryptocurrency equipment distributor founded in 2011, sources and resells ASIC mining hardware and immersion cooling systems to customers across multiple continents from warehouses in mainland China, Hong Kong, and Moscow.
The company entered the cryptocurrency mining sector in 2017, initially concentrating on ASIC miner sales to individual and commercial operators. By 2019 it had established an in-house maintenance and repair station alongside a 100,000 kW mining farm of its own, broadening its service scope beyond pure hardware resale. Graphics card distribution was added in 2020, and its Hong Kong and Moscow warehouses opened in 2021, both positioned to shorten delivery lead times and reduce logistics costs for buyers outside mainland China.
MinersKing carries hardware from nine manufacturer brands: Bitmain (Antminer), MicroBT (Whatsminer), Canaan (Avalon), GoldShell, Elphapex, IceRiver, JASMINER, Bombax, and Bitdeer (Sealminer). Current catalog highlights include the Antminer S21 XP at 270 TH/s, the Antminer S21 XP Hydro at 473 TH/s, and the Canaan Avalon A1566 at 185 TH/s, all sold on a quote-request basis rather than at a fixed listed price. The site is available in seven languages (English, Russian, Spanish, Arabic, German, French, and Italian), consistent with the company's multi-region sales strategy.
Beyond hardware resale, MinersKing distributes four mining-solution product lines: the C Series (home-scale immersion cooling kits, including C2 and C6 models), the B Series (modular immersion tanks for warehouse-scale deployments), the M Series (cooling configurations for WhatsMiner M56 and M66 units), and the BC Series (turnkey immersive mining containers, including the BC40 Mega). At Blockchain Life 2024 in Dubai (the 13th edition of the annual forum, which attracted more than 10,000 attendees from 120 countries in October 2024), MinersKing appeared as an exhibitor for the fourth consecutive year. The sales team showed in-stock equipment including the Antminer L7, L9, and S21 Pro, the KS5 Pro, the Iceriver KS5L, and the ElphaPex DG1+, and ran on-floor demonstrations of the C2 Cooling Kit.
Staff headcount reached 50 by 2022, up from approximately 20 in 2018, with ongoing staff training cited as a service-consistency mechanism. MinersKing sources inventory through direct bulk factory purchases and holds stock across multiple mainland China locations as well as its Hong Kong and Moscow facilities. The company has publicly stated plans to open additional international warehouse locations to further compress cross-border delivery times.
