What is sustainable crypto mining all about? Is there a way to run crypto mining profitably and sustainably, or is this a pipe dream? In which part of the world does it make sense to mine crypto or can mining be done anywhere? You will find out all this in the following lines.

The hype about #cryptomining

To get the hang of why #cryptomining is so popular, you should first understand why the blockchain makes so much sense. The #Blockchain is a decentralized network within the Internet. This means that information is not stored in one place, but locally on all computers in the network. In order to make the blockchain secure, the information is not only stored on hundreds but thousands of computers to protect against hacker attacks.

With cryptocurrencies, information is stored in the blockchain, such as the wallet address (practically like a bank’s IBAN) from the sender and recipient, the transfer amount, the date and time of the transaction, and the transaction fee. This information is available to everyone and is easy to find if you know one of the two wallet addresses or the transaction ID. The sending of #cryptocurrencies happens worldwide in a few moments (seconds to minutes) and is therefore significantly faster than a standard bank transfer. But don’t worry, even if the accounts are viewable, nobody can access them except the one with the necessary credentials.

The reason for the boom in cryptocurrencies is definitely the blockchain technology, but another reason is the immense returns that can be achieved from mining. Depending on the cryptocurrency, returns of between 1-9% per month can be achieved.

A pure #BitcoinFarm with a low electricity price (e.g. in the #USA via our #HostingService) currently has a return of between 1 and 3% per month. With a #MixedFarm, consisting of #Ethereum, #Bitcoin, #Kadena and #Dogecoin, the monthly return is already between 4-6% and pure Ethereum Mining between 7 and 10% per month. The factors of the current exchange rate, electricity costs and hosting fees must always be taken into account in the calculation. The lower the electricity costs, the more profit can be generated.

If you consider that 5% returns per year are high for #real estate, returns in mining are unbeatable at 5-10% per month. It is also a fixed source of income, albeit very volatile.

The main cost of crypto mining is the high power consumption, which is why crypto mining is very common in countries with low electricity prices. For example, in Russia and Kazakhstan, large mining farms are used with energy from nuclear and coal-fired power plants. The green idea is not in the foreground here.

The situation is different in countries such as the USA, #Norway or #Paraguay. Huge mining farms are often placed there at #hydroelectric power plants, #solar or #wind farms. Here the green and sustainable idea can be realized with maximum returns.

Our customer favorite is the crypto investment through our hosting packages. High returns paired with minimal effort and green thoughts make the investor’s heart leap for joy. Especially when you are aware that you are not responsible for any further climate crisis, as is the case with our everyday consumption.

Crypto mining in Germany or the EU?

Due to the current political situation, crypto mining in Germany, the EU and the surrounding area is only worthwhile with alternative energies. If you are the owner of your own PV system including battery storage or other alternative energy sources and can therefore operate green crypto mining, it is worth it for you, no matter where you are in the world. Otherwise, we do not recommend new systems in Germany and the EU if you are dependent on electricity from the socket. Plan your investment as sustainably as possible to get the maximum satisfaction from your #investment. We are very happy to answer any questions you may have.

Conclusion

Crypto mining is very power intensive. Due to sustainability, we also rely on future green crypto mining.

Our personal goal is to convert all our mining farms to 100% green electricity by 2023.

Our investors and mining farm owners can look forward to joint, sustainable mining with us.

www.crypto-mining-farm.de

Über die Smart IT Alliance GmbH

Smart IT Alliance GmbH, specializing in the delivery of crypto mining hardware and crypto mining farms, inspires its customers with well thought-out system configurations, power and heat concepts, IT security, professionals for implementation and exceptionally fast deliveries. By operating our own crypto mining farms, countless miner configurations have already been tested, problems solved and ideal implementations for all possible variants tested live.

Customers often approach Smart IT Alliance GmbH with a request to design and implement a coherent overall concept – from bare ground or even without a suitable property for the mining farm. Anyone who is allowed to become a customer of Smart IT Alliance GmbH can enjoy indescribably close customer loyalty, full service, special offers and lightning-fast implementation. A separate subsidiary was founded in Hong Kong with on-site employees just for the faster implementation of deliveries from Asia.

The most important point in the overall approach of Smart IT Alliance GmbH is that not only the one delivery but the overall concept is seen and always kept in view for each customer. Otherwise, the miners cannot be connected in the office, warehouse or new mining farm because the power connection is not sufficient for the high permanent load, the heat cannot be transported away, IT security is not given, the noise was ignored or or or .

We have recently been offering free spaces in our mining farm for miner hosting (also in the USA!) and we even accept third-party devices (from 10 pieces). This means that everyone now has the chance to operate their miners cheaply, because unfortunately German prices are increasing more and more.

Firmenkontakt und Herausgeber der Meldung:

Smart IT Alliance GmbH
TecCenter 1
31162 Bad Salzdetfurth
Telefon: +49 (5063) 6329-790
Telefax: +49 (5063) 6329-799
http://www.rendite.io

Ansprechpartner:
Jennifer Behrens
Geschäftsleitung
Telefon: +49 (5063) 6329790
Fax: +49 (5063) 6329799
E-Mail: info@crypto-mining-farm.de
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