Here is Crypto rich’s latest interview with CEO of the @elevategroup where they talk about the new S11 and S15 miners released, how mining works and the pricing.
I’ve been mining with Elevate for over a year now after moving from Genesis Mining (well to be accurate Genesis ended mining contract). Elevate based in cold Siberia have the lowest costs of any Bitcoin mining farm and I am very happy to have my five S9j Antminers creating Bitcoin for me there. So I am really excited to see they are now offering mining contracts for the newer S11 and S15 which are out of stock for retail investors. Also looks like they are able to offer wholesale pricing as well!
Whilst other mining companies are failing due to their costly operations, Elevate is still succeeding in a bear market. The difference is that you own the miner and simply pay Elevate a 20% fee and you get 80% of the Bitcoin mined. No crazy cloud mining contracts that become unprofitable over time like with Genesis.
$40 dollars per TH compared to around $60 per TH with Genesis!
Do to their location (which is very cold they have no need for cooling systems which makes there cost super low. Also they are located right next to Antminer (the manfucaturer of the miners) repair centre so no need to wait weeks for miners to be repaired.
They have a super supportive Telegram group so pop over there if you want to join the community
To find out more about how Bitcoin Mining works read my blog: Demystifying Bitcoin Mining
If you are interested in buying a miner with Elevate feel free to use my affiliate link: http://bit.ly/elevatecryptohound
If you have any questions about mining please get in touch or leave your comments below.
How I can help you?
My background is in technology and training and for over 10 years I have provided IT Support to home and small business users through my IT company ithound.co.uk. In recent years I have added Cryptocurrencies to my product offering with cryptohound.me.
Whether you are a business wanting to accept cryptocurrencies or an individual interested in investing in them, I will help you get started and provide training and support to give you confidence using them.
I regularly write blogs both on my website and the Steemit platform so be sure to connect with me there. If you would like to support my work please check out my affiliate links below which help finance the articles and videos I make:
- Mine Bitcoin and earn passive income with the Elevate Group
- Earn $10 worth of free Bitcoin on your first trade with Coinbase
- Buy Bitcoin and Cryptocurrencies using the Binance Exchange
- Protect your Cryptocurrencies with a Ledger Hardware wallet
Carl Hughes, The Crypto Hound
Signal Messenger: +447919 562 418
Telegram: @ flowingman