FAQ

Bitcoin is an internet payment network and also the cryptocurrency used in this network. The main uniqueness of bitcoin is its full decentralization; it is designed so that no one, not the author or other individuals, groups or governments, can influence the currency, counterfeit it, seize accounts, control the money flow or cause inflation. There is no central point in the network, nor is there anyone who can make decisions about the network. The final amount of bitcoins is known in advance and the release of bitcoins into circulation is defined in the protocol source code.

Mining pool is one of the groundbreaking inventions in the world of cryptocurrencies. By using a sharing system where each miner gets a share based on how much they have contributed to the mining. This has dramatically increased the efficiency of mining. Each pool is essentially a network managed by an admin or company and together they form one big supercomputer. This then ensures that rewards are paid out regularly. The mining on the pool is fairly distributed according to the exact performance provided.

It is the process of verifying transactions and adding them to the so-called “block chain”. It is an expensive and computationally intensive process. By providing computing power, you earn cryptocurrency without having to put money into it.

First and last name, date of birth, place of residence and email, crypto wallet number.

If you are not exchanging from BTC to FIAT (USD, EUR, AED, ..), the exchange rate is not that important for you. BTC is a long-term store of value, so most clients mine it, hold it and wait for a more favourable exchange rate. Mining has to be profitable in the long run, otherwise BTC transactions would have no one to “count” (mining principle) and BTC would disappear. Currently, most of the machines in the network are outdated and with much lower performance than what we offer in our portfolio. It is the older, less powerful machines that would be the first to be disconnected and that would mean only one thing. A noticeable drop in difficulty and with it a higher return on our powerful machines. This is the main advantage of the combination of the most powerful machines and cheap energy.

We are a crypto mining company. Any legal or individual person can participate in crypto mining thanks to our simple business model. The amount of investment is always a minimum of 10 ASIC machine. After signing the contract and paying the deposit, our partner orders the machine and deliver it to the hosting site or your residence. At the same time, we send login details to our monitoring software where you can monitor and manage your machine portfolio. And you will share your mining pool details, which is where the mining goes directly to your wallet automatically.

It depends on what machine you are buying. Sometimes the machine offered is already in hosting and can be connected immediate upon receipt of payment. However, the average delivery time is within 30 days after payment. Everything always depends on the manufacturer and the carrier. For this reason, we are unable to guarantee deadlines, but we always do our best to ensure speedy ASIC miner delivery and connectivity in the U.A.E.

We will need: First and last name, date of birth, place of residence and email, mining pool details to which we will setup your ASIC miners to mine.

Crypt mining offers no guarantees. Profit is based on the price of Bitcoin, the price of energy and, most importantly, the difficulty of mining. It is a very risky type of business. We, as a mining company, take the following approach to the current price. As long as you hold the crypto and don’t exchange, you don’t realize a foreign exchange loss/gain. Most of our clients are mining and holding crypto.

The crypto mining profit pay-out of the harvest is done automatically to the mining pool chosen by the client. The client can change this mining pool. For security reasons, we do not keep the clients’ crypto mining profits on our mining pools or crypto wallets, but setup the ASIC miners to mine directly from the clients’ crypto mining pool.

The client gets 24/7 access from us to manage and monitor their ASIC miners.

This is a completely normal phenomenon. The mining calculation process never has a stable output, although it is expected to be stable (especially with respect to hashrate and earnings). In addition, mining is also affected by the condition of the machine, the mining environment, the stability of the mining network and many other factors. In order to maintain the most stable earnings, it is necessary to ensure as many of the above factors as possible.

The machines we purchase are brand new and under warranty from the manufacturer. Our partner strive to achieve the longest possible machine life through our care and maintenance. Currently, the life expectancy is expected to be somewhere between 6-10 years; although this cannot be guaranteed. Our partner is able to extend this life by about 4 additional years by cooling in mineral oil etc. if you choose this type of cooling method. The ultimate amount of payback is determined by several factors. The difficulty of mining, the price of BTC or other crypto currencies, halving and the average hashrate performance of your machine.

All of our ASIC machines are new and come with manufacturer’s warranty and depends on the specific ASIC miner.

The development of the cryptocurrency exchange rate, the amount of difficulty of mining and the associated annual earnings and we do not provide financial advice.

Our partner undertake to carry out monitoring 365 days a year. This includes maintenance, restarts, cleaning (which takes place once a month), fault reporting and subsequent resolution.