Third parties

BeMine has partnerships with MINING HOTELS that provide the physical space and infrastructure needed to host and operate the mining equipment. These mining hotels are chosen based on their reliability, security, and cost-effectiveness, and they are located in regions with favorable mining conditions, such as low electricity costs and favorable regulatory environments.

The owners of these mining hotels are invited to partner with BeMine to provide access to their facilities and to benefit from the demand for cloud mining services. In return, they receive a service fee, which includes electricity profits and also a share of the profits generated from the mining activities.

Contracts are based on the principle of "Responsible Storage". This means that the client's equipment is stored on the territory of the mining hotel and is kept in accordance with the terms of the contract. To ensure the safety of the equipment and the reliability of its storage, the mining hotel provides appropriate conditions, including physical infrastructure, technical maintenance, and security.

When concluding a contract with a legal entity, the contract is concluded by the legal entity itself. At the same time, information is provided about who will be the responsible person, i.e. the person who will sign the documents, make payments, etc. In case the legal entity concludes the contract on behalf of another natural person, it is necessary to provide relevant documents confirming the authority of this natural person.

When concluding a contract with a natural person, the contract is concluded in the name of this natural person. Payments regarding to mining hotel are also made in the name of this natural person.

BeMine's partnerships with data-centres in the CIS region provide the company with a significant competitive advantage in the cryptocurrency mining market. By offering some of the lowest electricity costs in the world, BeMine is able to provide cost-effective and profitable mining services to its users, while also taking advantage of the abundant energy resources available in the selected regions.

BeMine also has an opportunity to legally develop and build large mining site for individual customer’s needs starting from 400KW.

BeMine works with EQUIPMENT SUPPLIERS from China to provide modern mining equipment to its users. China is one of the largest manufacturers of cryptocurrency mining hardware in the world, and many of the leading ASIC manufacturers are based in China. By partnering with these suppliers, BeMine is able to offer its users access to the latest and most powerful mining equipment available.

BeMine's cooperation with suppliers from China enables it to provide its users with high-quality mining equipment and to stay competitive in the cryptocurrency mining market. By partnering with leading equipment suppliers, BeMine is able to offer its users the latest and most powerful mining hardware available, which can help to improve their chances of earning rewards from mining activities. It is a common practice for companies to avoid entering into direct contracts with manufacturers due to various market conditions and the need to simplify the delivery process. In such cases, the company prefers to work with contractors who are then audited by BeMine employees. Only after passing the audit the contractors are allowed to enter into official contracts with the company. This helps to ensure that all the contractors maintain the required quality standards, and that the company's reputation remains untarnished.

On the other hand — customs duties on crypto encryption equipment from China to Russia or any CIS countries are relatively low compared to other countries. This helps to simplify delivery and reduce costs, making it easier for BeMine to work with equipment suppliers from China and offer high-quality mining equipment to its users.

It is also worth noting that BeMine works directly with equipment suppliers in several other countries, including Brazil, Canada, UAE, Germany, Indonesia, Taiwan, Thailand, USA, and Kazakhstan. By cooperating with suppliers in multiple countries, BeMine is able to offer a diverse range of mining equipment and to ensure the best terms and conditions of delivery for its users.

In fact BeMine's partnerships with equipment suppliers in multiple countries enable it to offer high-quality mining equipment. By working with suppliers in countries with favorable mining conditions and delivery terms, BeMine is able to stay competitive in the cryptocurrency mining market and to provide its users with the best possible experience.

BeMine constantly seeks innovative solutions.

A unique system for generating electricity using flowing river water has been developed in conjunction with mining hotels in the CIS. This system has no analogues, it is approved and the rights to it are registered.

Burdin Hydroelectric Power Stations are an effective and stable source of electricity that, unlike wind turbines and solar power plants, can generate electricity constantly without requiring energy storage systems. However, the cost of hydroelectric power stations remains higher than that of wind turbines and solar power plants.

To solve the problem of high costs, non-dam hydroelectric power plants were developed, which are cheaper to produce and comparable in price per kWh to wind turbines. Classic hydroelectric power plants use the pressure of released water on the rotor, while non-dam direct-flow power plants operate on the free flow of rivers.

Non-dam hydroelectric power plants allow for faster electricity generation compared to building traditional hydroelectric power plants. There are many types of non-dam hydroelectric power plants, but the most promising type is the hydro version of the Darrieus and Savonius rotors. Horizontal Darrieus hydro rotors, unlike vertical Darrieus and Vortex rotors, do not require the construction of discharge channels and require minimal materials, reducing costs and accelerating production. They can also be installed directly in the riverbed, which reduces the cost per installed kWh to a minimum.

Existing Darrieus non-dam rotors cost within $1200-$1300 per kW of power, comparable to the price of wind turbines. However, by using TRIZ methodology, the cost can be reduced to $750 per kW of power.

Generators are the most expensive component of non-dam hydroelectric power plants. Depending on the power, generators have different costs. The more powerful the generator, the cheaper the cost per kWh. Since hundreds of installations are used in non-dam hydroelectric power plants, a TRIZ solution was found that significantly reduces costs by using power transmission summation. Combining the driving forces of individual non-dam hydroelectric power plants into a single generator allows for significant cost reduction and a 2-fold return on investment. The TRIZ solution to the problem of "1 installation = 1 generator" has been replaced with the solution of "many installations = 1 generator".

Non-dam hydroelectric power plants work best near classic hydroelectric power plants where the speed of the discharged water flow is maximum. However, they can also work at low speeds of any river. Burdin Hydroelectric Power Stations are a reliable and environmentally friendly source of electricity that has significant potential for electricity production in the future.

First and foremost, we are talking about a legal entity. You enter into a contract to purchase electricity and place equipment on a dedicated site for digital services (computing). Your legal entity can be founded in any country, it does not matter.

Security is provided, as a rule, by security organizations at the local level. Among such companies are commercial and non-profit organizations of federal significance. Contracts with such security companies are renewed every year, and the work is carried out for years.

The area is fenced, equipped with lights and cameras. Security employees are able to observe any movement on the site 24/7.

Cloud mining companies are constantly seeking innovations to stay ahead of the competition and provide the clients with the best possible service. By focusing on these areas, BeMine can reduce its costs, improve operational efficiency, and ensure the security and protection of its clients' assets. As the demand for cloud mining services continues to grow, we can expect to see even more innovations in these areas in the years to come.