Why Mine in the Cloud?
Dividend vs. Market Performance – Mining is to a dividend as purchasing an equity is to buying a cryptocurrency. When you are mining, you are earning a small payout every time a transaction is sent to your hardware device. Therefore, the future stability and growth of mining leads to constant payouts per currency and is less susceptible to market volatility.
Noise & Heat – The mining hardware is less ideal for a person’s basement and more ideal for a properly built server room. The devices produce significant heat and noise levels that need to be constantly controlled. Overheating can lead to a loss of investment and the noise is uncomfortably loud.
Hardware Cost – The cost to purchase mining hardware is highly variable. Cloud mining allows you to keep all of the benefits of purchasing your own hardware device, without taking on the costs related to import taxes and duties, power supples, shipping and handling, air conditioning and servicing.
Energy – Miners are less energy efficient than we wish, but their is hope to mitigate energy costs though cloud mining. Our facilities currently come with a competitive rate at .14 cents per Kw/h. We are actively seeking a path to reduce this rate using green, energy efficient solutions in solar, wind, hydro and food digester technologies. We intend to be a zero emission mining operation with energy savings >.6 cents per Kw/h over our competitors in the region.