Growth Rate and Market Capacity
The increase in the prices of popular cryptocurrencies, caused by the increased interest from corporations as well as a change of the attitude of governments to cryptocurrencies, leads to an increase in the number of both private and legal entities interested in the new sphere of the economy.
To date, it is almost impossible to calculate the exact number of investors in a cryptocurrency infrastructure. There are both very large players on the market, as well as small ones, involved in the production of cryptocurrencies. According to analysts, it can be assumed that 4.5 to 5 million people mine for “digital gold”.
Initially, people who decided to immerse themselves in this industry were enthusiasts who used various third-party software to work with mining farms. This way of working and monitoring the units can be attributed to the zero-generation farm management systems.
Thanks to the gradual development of the crypto industry, cryptocurrency miners began to use more sophisticated software solutions, so the first generation of farm monitoring and management systems that were installed on each unit and worked without connecting to a central server were introduced. Today, the fourth generation, which works through connections to a central server and offers a complete farm management solution, is used. However, these systems are still very imperfect, like their predecessors, and therefore are not able to replace the solutions based on the tools of remote access to the desktop and sets of scripts in text files.
Comprehensive solutions for monitoring and automating the operation of farms are used by more than 1 million users, based on an estimate of the number of the three most popular systems (EthOS, SimpleMining and Awesome Miner). Approximate market volume is more than $ 30,000,000.
Competing Products and Technologies
Most of the miners use inconvenient means of remote monitoring of their rigs, as there are not enough “turnkey” solutions. At the same time, existing systems often do not support a large number of units, they do not eliminate failures on their own and do not show high stability of work. None of the systems that are currently on the market are user-friendly.
The proposed solutions are in most cases inefficient, costly and energy-intensive. To control the operation of devices, the miners use existing monitoring systems that are not adapted to remote monitoring of the operating system on the units. Failure reports do not come to the mobile devices (which would greatly facilitate the control of the rigs), but are sent by e-mail, or not at all. Naturally, this way of working is unreliable.
Bergmann is a system of a new, fifth generation, which takes into account the shortcomings of its predecessors. As the Bergmann software and hardware complex is an integral ecosystem for monitoring and automating the operation of farms, the project expects to occupy a significant market share and reach a wide range of users, interested in its services for miners who today use temporary ‘hack’ solutions assembled from various parts of third-party software for system administrators.
Market Readiness
Due to a rapid development of the crypto industry, now there is a rather large selection of pools, miners and exchanges. Manufacturers of video cards and processors also adjust to the interests of their potential customers and produce more advanced device models.
BergmannOS supports mining on most of the popular pools. Users can use the pools connected to the system, or independently connect new ones at their own discretion.
In future we have plans to integrate the BergmannOS into the Bergmann crypto-exchange ecosystem, which will allow holders of BERG tokens to also use the currency exchange, crypto-exchange and other platform functionality.
