MiningStore’s latest launch offers aspiring crypto miners, traders, and investors the chance to generate Bitcoin at lower costs. The company’s deep-market knowledge and many years of experience in the digital currency space give clients access to a profitable, revenue-sharing model and secure minted coin storage.
The announcement details a range of benefits for crypto beginners and experienced investors alike. MiningStore clients benefit from access to the company’s advanced mining data center, low-cost ASIC hardware mining machines, institutional custody, and monthly distributions.
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Bitcoin mining involves solving a computational puzzle to mint new Bitcoins. Mining also serves to keep the network secure through the verification of transactions. Each of these transactions is added to Bitcoin’s public ledger – also known as the blockchain. Nodes prevent previously spent Bitcoins from being fraudulently used again.
The Managed Mining Program (MMP) from MiningStore provides a white glove service to users. The company runs mining machines on behalf of clients, making the process of earning discounted Bitcoin a smooth, simple, and hassle-free process.
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MMP subscribers only pay upfront for the cost of the mining machinery. All other commissions and charges are taken as part of a backend monthly reconciliation process. Fees are currently just 7.5% of revenue for management services and 20% of net profits for performance.
MiningStore clients also benefit from access to the Mining Pod infrastructure. This includes rack space, cooling, land, and electrical step-down. At-cost power charges equate to 4.3 cents p/kWh.
In addition, the MMP also provides machine procurement from verified mining vendors, machine installation and configuration, replacement parts, and renewable energy-driven power sources.
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