How it works
- Hardware: You purchase mining rigs (ASICs or GPUs) and ship them to the hosting facility, though some hosts offer hardware bundles.
- Setup: The host unboxes, sets up, and connects your miner to your chosen mining pool and wallet.
- Operations: They provide the physical space, power, and cooling, often at better rates than residential areas, and manage technical issues.
- Fees: You pay a monthly fee, usually based on the miner's power draw (kWh), covering all services.
- Rewards: Mined cryptocurrency goes directly to your wallet, with the host taking only their fee.
- Convenience: Eliminates the need for extensive home setup, noise control, and heat management.
- Cost Savings: Access to cheaper electricity and professional infrastructure reduces operating expenses.
- Expert Management: On-site technicians handle repairs and uptime, ensuring continuous operation.
- Volatility: Mining profitability fluctuates with crypto prices, so hosting costs must remain lower than earnings.
- Provider Trust: Choosing a reputable host is crucial due to the significant financial risks involved.
- Contracts: Understand uptime guarantees, fees, and contract terms before committing.
- Buy & Host Miners: Purchase ASIC hardware with 1-year hosting included
- Cloud Mining: USDT contracts with monthly rewards, no hardware needed
- Rent Hashrate: Flexible hourly/daily rentals, mine to any pool instantly
- Bitcoin Solo Pool: 1stSolo mining pool with Advanced dashboard. Mysolopool.com