Leasing computation power from miners already running
- Secure Payment
- Accepted Currencies
Why Mining?
Benefits & ways of mining
How it works!
What is Cryptocurrency Mining?
Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn’t have a central government. Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure.
Essentially every blockchain requires computation power to run its algorithm. Those who provide the required computation power is rewarded by the algorithm with newly issued coins and transaction fees.
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Why you should start mining?
6 Reasons to Start
High Field Return of Investment
Depending on access to resources the production costs of bitcoins can be significant lower than the current coin value. This means a lower entry point compared to buying digital currencies on the exchange
Opportunity to reinvest your coins to earn a yield
You can reinvest your cryptocurrency balances and earn a high yield in a world where you can not get paid any interest on your crypto holdings
You do not have to keep the coins
Miners can exchange daily their mining proceeds into fiat currency and monetize the difference between production costs and current market price
Passive Income
Daily source of income as long as machines keep running
Short time to break-even
As computing power weakens relatively to the network over time the vast majority of the mining return is made within the first months as profitability continuously diminishes
Production costs < market price
Since successful mining means receiving coins at production costs lower than the current market value, mining is a way to get coins at lower prices than buying them on the exchange
Ways of mining
What Mining options you have
Own Mining
Source, ship, install, maintain & safeguard your miners yourself
Cloud Mining
3rd Party Hosting
Hosting your miners with a professional service provider
Hosting with Blockbase
Hosting miners in our data center
Low starting costs
You can start with only one miner
Very low investment
You can rent computation power that only represents a fraction of 1 miner
Low Costs
You own everything, you do not need to trust 3rd parties
Very low costs
Benefit from our very low energy costs, cool climate, strong legal frame work and political stability in our hosting countries
Full Control
You own everything, you do not need to trust 3rd parties
Instant Start
No lead time for ordering, shipping and installation since miners are already active
Low minimum purchase
Ranging from 1-10 Miners
All-In pricing
– Hardware purchases include shipping & installation
– Monthly service fee include energy, infrastructure & maintenance
Operational hassle
Requires your constant attention (and the noise the miners produce is a major nuisance!)
No ownership
You do not own the mining equipment
Hardware purchase
Benefit from potential tax write-offs
Hardware ownership
- Benefit from potential tax write-offs
– Switch hosting provider
High fixed costs at scale
Needs a whole army of experts and a full-fledged business operation
Security risks
You depend on the integrity and professionalism of the provider
Security risks
Most providers use splitters to deduct service free from daily mining proceeds. Hence requires trust in the professionalism and integrity of the counterparty
Receive 100% of your coins mined
We never touch your coins. Your hardware mines directly into your wallet
Limited access to ressources
Sourcing energy and latest mining equipment at low costs is challenging without scale
Contractual terms
Usually 12 or 24 months contract length bound to specific cryptocurrency, paid in a lump-sum upfront
Comittments
Usually 12 or 24 months contracts bound to specific cryptocurrency
No comittments
Cancel monthly and switch currency to be mined
Intransparent pricing and process
Users have little access to details about their mining process and if pricing is good value for money
Complex Pricing Structure
Often different tiers of energy, rental and service fees
First come, first serve mining capacity
We have limited capacity in terms of space and energy supply
Minimum purchase amount
We can only offer our competitive prices from 30.000€ hardware purchases
Download your free calculater and learn
Why Mining is profitable
Mining is a complex Calculation, running on for this purpose built hardware. But how is that generating money? And how much do you have to invest to make a passive income. With our free Mining Profit Calculator you can learn how profitable Cryptocurrency Mining can be for you. Click the button, fill out your details and you receive your free Profitability Calculator within minutes!
