You may know all about cryptocurrency, you may have heard of it or you may know absolutely nothing.
Created by pseudonymous Satoshi Nakamoto, as a response to the financial crisis of 2008, Blockchain is the software platform that allows crypto currency to run as a truly decentralised, totally secure system. It allows digital information to be distributed but not copied.
A shared, continually updated database records block chain information. The blockchain database is not stored in a single location. Therefore, records are entirely public and easily verifiable. Millions of computers host the database simultaneously and anyone can access its data, ensuring transparency within the entire network, thus increasing public trust in the system as compared to the traditional fiat system.
Mining is the process in which the block chain ledgers are updated. Example:
If Bob sent Sarah some Bitcoin, this would be processed and recorded on the public ledger by the mining rigs.
In return for contributing the running of the system of that particular coin or token, the owner of that mining rig will be paid a ‘thank you’ in the form of a small proportion of said coin or token.
Essentially, you are being paid for providing the computer power. This can be extremely lucrative. It is these mining rigs that we at Easy Crypto Hunter specialise in building and selling to our amazing customers.
Our software automatically scans the market, identifies the most profitable coin to mine at any given point in time and will automatically, immediately switch to mine this coin. The advantage of this, compared to software that only mines one specific coin or token, is clear. Your profitability doesn’t fluctuate depending solely on the value of one coin. It will then pay you in Bitcoin so you don’t need 20 different wallets. One click, one coin, one wallet. If you wanted to, you could then convert your Bitcoin to fiat currency e.g. GBP.
All of our rigs have the following dimensions: 55” x 40” x 35” / 140cm x 102cm x 89cm. The rigs need to be inside, close enough to a power socket to connect to electricity and in a suitable space. The machines would be perfectly happy in any location you’d deem appropriate for a computer. For example, avoid damp, dirty places or rooms that are especially warm.
Your only running cost is electricity. On average, UK customers pay around 13p per kw/h (11p for business customers). If you leave the machine running 24 hours a day, our smaller rigs only consume 500w which is just £1.56 a day, whilst our largest single rig consumes 1300w which works out at around £4 per day whilst currently earning over £1200 per month so the electricity cost is minor in comparison (roughly 10% of monthly earnings in electric).
Short answer: Impossible to give a specific timeframe but the numbers are extremely attractive.
Example (based on 6 card rig – our most profitable). This example assumes fixed daily earning for next 12 months.
1. Cost price vs daily earning: £8,000 / £40 per day (200 days return)
2. Asset value of rig: £8,000 rig we expect would comfortably have an asset value of at least £3,000 in a year’s time as its comprised of highest quality graphics cards. Effectively real cost = £5,000.
Including this in ROI calculations, this brings your day return down to £5,000 / £40 = 125 days
3. BUT, this will not be accurate since the nature of the cryptocurrency market means that rigs are more profitable with every day that goes by due to the increasing value of cryptocurrency. As the value of cryptocurrency increases, payback days decrease so in reality, that 125 days would likely be much less if you bought when the daily earning was £40.
Average increase of top 10 performing cryptoassets in 2017 = 14,039%.
Using that average % increase, that £40 a day at the start of 2017 would have grown by 14,039% so your payback period would be significantly shorter.
Give us a call. We’ll do our best to help you get mining again as soon as possible to keep you earning. All parts have a minimum of 1 year’s manufacturer’s warranty so any faulty parts you can simply return to us and we can order a replacement with the manufacturer. Another advantage of hosting with us is that replacement parts could be sorted by us straight away if there ever were any issues.
Although we do specialise in 1080tis due to their superior power output, we can facilitate rig building with other cards. Please give us a call to discuss this.
Although our primary business is selling rigs and containers, we do offer cards for sale, dependant on our ability to stock them. Please give us a call to check availability.
Crypto is an exciting and fast-paced industry. You’re bound to have questions. If we haven’t answered them above, give us a call or enquire below and our friendly team will do our best to help you.