Power consumption as a stumbling block

There are many intricacies involved in mining decentralized currencies, but in this paragraph we'd like to focus on how mining is influenced by electricity prices.

Real equipment connected to active mining pools and associated with a specific customer is sold by BeMine. The equipment is bought on domestic land and diversified in a network of partnered mining hotels. In addition to accompanying the client and his specific miner to the mining hotel, we also support large equipment purchase and sale transactions. We also connect, service, update, and experiment. We have always encouraged our clients to purchase their own equipment, splitting the cost of that equipment and the cost of electricity among themselves, with BeMine taking care of the miner's purchase, installation, and uptime. We aimed to offer a transparent service that enables users to try Bitcoin mining while excluding all the grunt work and allowing users to only interact with the mining hotel manager.

BeMine has a number of private developments in the area of heat dissipation from large ASIC farms, and we are constantly enhancing them. Our developments are regularly used by our customers. We are also creating ASIC miners with author software that is optimized to operate under immersion liquid conditions.

We deal with issues that arise during the mining process as experts in our field. Changes in the exchange rate, delays in the supply of miners, installation issues, blackouts, and farm security are only a portion of the issues. However, our primary task is to find a current source of electricity that is of high quality, is legal, and is safe. Due to this, BeMine only consents to partner with mining hotels after carefully reviewing all of the organization's regulatory documents.

The primary factor determining how effective mining pays for itself is the cost of electricity. All BeMine partnered data-centres mine BTC and ETH at an average electricity cost of 3–4 RUB(~0.05USDT) per kWh. Due to the low cost of mining, we are able to maintain mining liquidity even when the price of the first cryptocurrency fells to $3,500. Thanks to our lenient pricing policies and adaptable business arrangements with mining hotels.