Miner Hosting
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Frequently asked questions
What is Bitcoin miner hosting?
Bitcoin miner hosting refers to the practice of renting space in a data center or mining facility to house Bitcoin mining hardware. We develop and own facilities that provide the necessary power, cooling, security, and internet connectivity required for mining.
How does Bitcoin miner hosting work?
You send your Bitcoin mining hardware (such as ASIC miners) to our hosting facility. We set up your equipment, connect it to their power supply and network, ensure proper cooling and security. We monitor and maintain your hardware, and you access the mining output remotely.
What are the benefits of Bitcoin miner hosting?
- Reduced Overheads: We have access to lower-cost electricity and optimized cooling, reducing the operating costs of your mining operation.
- Professional Maintenance: We offer professional monitoring and maintenance services, reducing the risk of equipment downtime or damage.
- Access to Reliable Infrastructure: Our facilities are designed for mining, with specialized infrastructure, such as industrial-grade power supply, cooling, and security.
- Remote Access: You can monitor your mining operations through our VIP Pool service.
How much does Bitcoin miner hosting cost?
The cost varies depending on factors such as:
- Hosting Fees: This includes fees for space, cooling, internet, and maintenance. Fees are typically structured as monthly payments.
- Setup Fees: We charge an initial fee for setting up your hardware in their facility. These costs are one time and range from $10 to $50 per miner
Can I send my existing miners to a hosting provider?
Yes, we accept existing mining hardware. You ship your miners to the facility, where the we sets them up and connect them to their power and network infrastructure.
What types of miners can be hosted?
We provide support for ASIC miners, such as popular models like:
- Bitmain Antminer Series (e.g., S19, S19 Pro)
- MicroBT Whatsminer Series
- Canaan AvalonMiners
- Goldshell
- Iceriver
What are the electricity rates for miner hosting?
Electricity rates for Bitcoin miner hosting typically range from $0.06 to $0.075 per kWh, depending on the quantity and term.
How is my mining performance monitored?
You can use our partner pool Viabtc to track:
- Hash rate
- Power consumption
- Uptime and equipment status
- Earnings and payouts
What happens if my mining equipment breaks down?
If your miner experiences issues, then we will often perform basic troubleshooting and repairs on-site. In some cases, we may notify you if more extensive repairs are required, or they may ship the miner back to the service center for repairs.
Are there minimum contract terms for Bitcoin miner hosting?
Yes, our minimum hosting term is 1 year.
Is insurance provided for my mining equipment?
We provide an insurance option for mining equipment though our insurance partner to cover damages related to power surges, fire, or theft.
What are the security measures in place at hosting facilities?
Our hosting facilities offer robust security features such as:
- 24/7 surveillance (CCTV)
- Physical barriers like fences and controlled access points
- Alarm systems and security personnel
Can I scale up my mining operation in the future?
Yes, absolutely we love helping our mining clients scale their operations
How are mining profits handled?
Mining profits are typically sent directly to your cryptocurrency wallet based on the performance of your equipment. You may connect your mining pool account directly to your wallet.
Why choose us?
- Electricity rates: Some of the most affordable hosting rates
- Uptime and reliability: Strong track record of uptime.
- Location: Our hosting facilities in regions with cooler climates can offer natural cooling and reduce energy costs.
- Security measures: Robust security features such as video monitoring, physical barriers, onsite techs.
Are there any hidden fees I should be aware of?
No, we are upfront about our fees
Can I use renewable energy for Bitcoin mining?
Our hosting facilities specifically source their power from renewable energy sources like wind, solar, and hydroelectric power.
What happens at the end of my contract?
At the end of the contract term, you can either:
- Renew the contract
- Request your mining equipment be shipped back to you
- Upgrade your hardware with us
Is Bitcoin miner hosting profitable?
Profitability depends on several factors, including the price of Bitcoin, network difficulty, your mining hardware’s efficiency, electricity rates, and the hosting fees. Hosting your miners in our facilities with lower electricity costs can help improve profitability, especially compared to operating your own mining setup.