⚡Power consumption as a stumbling block
There are many inherent nuances in decentralized mining currencies, but in this paragraph, we would like to mention the dependence of mining on the cost of electricity.
BeMine sells actual equipment connected to existing mining pools and associated with a specific client, purchased on the country's territory, and placed diversified in a network of partner mining hotels. We support transactions for the purchase/sale of equipment, accompany the client and his specific miner to the mining hotel, connect, service, flash, and experiment. We have always offered our customers to buy equipment for themselves, dividing its cost and electricity costs among themselves. At the same time, BeMine will deal with the miner's purchase, placement, and maintenance. We sought to provide a transparent service that allows customers to get close to the actual Bitcoin mining experience. However, excluding all the dirty work, only giving orders to the manager of their mining hotel.
BeMINE has several private developments in the field of optimization of heat dissipation from large ASIC farms. Our significant customers regularly use our developments. We continue to improve them every day. We are also developing author's software for ASIC miners, sharpened to work in conditions of placing a farm in an immersion liquid.
As professionals in our field, we face problems that arise in the mining process. Fluctuations in the exchange rate, delays in the supply of miners, installation problems, blackouts, farm security - this is only half of the trouble. And yet, the search for a high-quality, legal and safe current source is our main task. Therefore, BeMine agrees to partner with mining hotels only after a thorough study of all the regulatory documents of the organization.
The cost of electricity is the main parameter of the payback of production. All BeMine partner hotels mine BTC and ETH at an average light price of 3.80-4.80 rubles per kWh. This allows us to maintain the liquidity of mining, even at a low cost of BTC. With our price of light and flexible relationships with mining hotels, we allowed ourselves to mine BTC even when the rate of the first cryptocurrency dropped to $ 3,500.
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