Have you ever thought of mining bitcoins and making money with them?
If you then find out about the hardware costs, the sometimes complicated connection to mining pools and then a likely profit calculation, you will quickly find that it is not only expensive, but that electricity costs are ultimately the decisive factor.
Ultimately, the cost of electricity determines how much Bitcoin or other coins you can mine.
The hardware costs are also upfront costs, which are usually only returned after 1 year at the earliest.
And if you’re not living in Iceland or any other low-power country, the profit will be almost meager, or you’ll even make a loss.
Apart from the maintenance and care of the Miner devices, which mean an additional effort, the Miner devices must also be replaced with new ones again and again in order to receive appropriate mining services so that it is really worthwhile.
Conclusion: Mine mining is often unprofitable.
Here you can either invest in hash contracts or rent miner equipment. These are also serviced and maintained, and you often get the latest mining equipment.
Here too, of course, the electricity costs are decisive for the profit, so that the best miner farms are established in the countries where the electricity is cheapest.
Cryptouniverse is a company that has set up a mining farm in Siberia. Not only are the electricity costs very cheap, but the cold climate is also a great advantage in order to cool the devices better and to protect them from overheating. In addition, this saves a lot of cooling devices.
My experience with Cryptouniverse has been very good so far.
Not only have I been offered good hash contracts and miners with which I have been able to make good profits from mining.
But also the low entry costs under $ 100 make this income opportunity more than interesting.
The advantages of cloud mining with Cryptouniverse compared to self-mining are
- No acquisition costs and space requirements. The mining equipment is set up on the mining farm and maintained there by the company itself. Maintenance costs are deducted from the mining proceeds daily. What is left is your real winnings.
_ Unbeatable savings in electricity costs, since in Siberia.
- Cold climate is ideal to protect the miners from overheating.
- You can participate with little capital.
The fact is:
Mining is an independent activity.
Cloud mining an investment.
And the special promotions from Cryptouniverse.io are particularly profitable, and I would like to draw your attention to them.