Our Story
A decade of building infrastructure.
Coinfast Group was founded in 2013, when Bitcoin mining was still a nascent industry. Our early operations were headquartered in China — with a sales and maintenance center in Shenzhen, a machine production factory in Fujian, and what would become China's first 100MW large-scale hosting and operations facility in Xinjiang.
Following China's 2021 ban on cryptocurrency mining and trading, Coinfast fully relocated its mining and hosting operations out of China. Today all active facilities operate in jurisdictions with clear regulatory frameworks — the UAE, Russia, Paraguay, and the United States.
We were the first company in China to integrate machine production, sales, repair, farm operations, hashrate sales, and mining pool services under one roof — setting the standard for full-service mining infrastructure.
As the industry matured and globalised, so did Coinfast. We expanded into Russia, Kazakhstan, Paraguay, and the United States — and in 2019 established our global headquarters in Dubai, UAE, positioning the company as a regulated, internationally facing entity.
Today, Coinfast Group operates 500MW of hosting capacity across 4 countries, serving institutional investors, hedge funds, corporate data center clients, and large-scale ASIC miners worldwide.
Our integrated model spans the full mining lifecycle: ASIC procurement and customs clearance, facility hosting with guaranteed uptime, certified on-site repair, turnkey farm construction from 1MW to 100MW+, AI data center colocation, and crypto settlement services through BinaryFlow. Every client contract is executed through our VARA-regulated Dubai entity, providing legal clarity and institutional-grade counterparty assurance.
What distinguishes Coinfast is operational depth: our teams have built and operated facilities through every market cycle since 2013 — bull runs, bear markets, the China mining exodus, and the post-halving margin squeeze. That experience translates directly into facility design choices, power procurement strategy, and the 99% uptime SLA we offer every hosting client.
