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  • Mine name
    Type of electricity usage
    Device Security
    Wallet address
    Pool settings
    Power Standard
    Maintenance Service
    Management Services
    Min-amount
    Cash Pledge
    Mine Certification
    Mine due diligence
    Electricity Rate ?
    1 KW/H =1kw/h
  • North Carolina Mine
    North Carolina Mine
    Grid power supply
    Available property insurance
    Customer specified
    Customer specified
    UL certification
    5DX18H
    7DX24H
    500 units
    2 months deposit, 1 month advance
    Provide scanned copies of all mining farm contracts
    $0.085 - $0.095
  • Oklahoma mine
    Oklahoma mine
    Grid power supply
    Available property insurance
    Customer specified
    Customer specified
    UL certification
    5DX18H
    7DX24H
    800 units
    2 months deposit, 1 month advance
    Provide scanned copies of all mining farm contracts
    $0.08 - $0.09
  • Texas mine
    Texas mine
    Grid power supply
    Available property insurance
    Customer specified
    Customer specified
    UL certification
    5DX18H
    7DX24H
    1000 units
    2 months deposit, 1 month advance
    Provide scanned copies of all mining farm contracts
    $0.075-$0.085
1. 2 months of electricity deposit is paid in advance, and the prepaid electricity fee is paid for 1 month within 3 days of launching.
2. The mining machine can purchase insurance, and there are professionals on duty.
3. Before completing the payment, the customer needs to submit the setting information: mining type, digital asset wallet, and can also be set before delivery.

Mining Services|Miner Hosting|LLGO

LLGO provides trustworthy mining machine hosting services and miner hosting solution such as Ant mining machine , Avalon mining machine hosting and Shenma mining machine hosting.

Miner Hosting: A Useful Introductory Account

When users perform miner hosting, a third-party supplier hosts their cryptocurrency mining hardware. For a fixed monthly charge, the service handles all mining-related setup and maintenance costs while allowing users complete remote control access over their machines. .

A mining hotel is another name for miner hosting. It serves as the home for an ASIC or video card farm that a bitcoin miner maintains. The rent for the room and the electricity utilized is paid by the owner of the equipment. A location to install the equipment that has all the communications required is available in mining hotels. It includes a steady Internet connection, a self-sustained outlet, and a dependable air conditioning system. Miners merely need to trigger a wallet and deliver their computers to the hosting to start mining cryptocurrency.

Which platform is ideal for mining cryptocurrency?

Since the contemporary cryptocurrency and Blockchain technology has broken records, the most competitive cloud miner hosting platforms are the talk of the town all across the globe.

The top 5 cloud mining sites in 2022 are as under:

1.LetMeCloud

2.IQ Mining

3.Genesis Mining

4.StormGain

5.BitDeer

Colocation

When people or companies bring their servers to a data center, it's known as colocation. Accordingly, businesses use the data center to keep their servers and provide remote access to their information. Colocation data centers are most often the best choice for Bitcoin ASIC mining.

Users can arrange the servers in racks and cabinets in colocation facilities. Many companies and individuals like keeping all of their servers in data centers. Each cabinet has access to power, ventilation, and the internet. The security that colocation facilities provide is another benefit. Customers seek assurances that their servers are secure and that no others have access to their information.

ASIC and GPU

The term "application-specific integrated circuit" is abbreviated as "ASIC."Miner hosting of bitcoin on the decentralized network is the aim of an ASIC. Focusing on the SHA-256 algorithm, a potent platform for mining Bitcoin, ASICs help mine cryptocurrencies.

The term "Graphical Processing Unit" stands for GPU. Compared to Central Processing Units, GPUs can process information more quickly.

Benefits of Crypto Mining

Cost and convenience are factors in miner hosting. The drawbacks of Bitcoin mining—namely, the excessive heat, noise, and energy requirements—are addressed by hosting solutions. To put it simply: Bitcoin ASICs are commercial devices that are better suited for specialized facilities rather than being used in homes.

Compared to home miners, hosting solutions frequently have more favorable electrical costs. The cost per megawatt of hosted solutions is cheaper than that of many other equivalents. It's because of handshake agreements with energy suppliers.

Downsides of Bitcoin Mining

Although hosting services can reduce hassles and hands-on work, they do have some restrictions. The two most common criticisms are the logistical challenges faced by large industrial firms and the unique centralization issues faced by the bitcoin network.

Bitcoin mining operations require a variety of inputs to run at their best. It's much like any other sizable industrial facility. It costs a lot of money and labor resources to provide 24/7 maintenance, adequate electricity, weather management, and internet access. A facility may incur downtime on all of its machines as a result of delays in one component, such as a blown transformer.

Secondly, network centralization continues to be a tricky issue for bitcoin miners. You do not own your hashrate if you indulge in miner hosting with a third party, similar to how a custodial wallet holds your bitcoin. Instead, it is under the control and supervision of another agency.

The Mining Process

Hosting companies have the three options: retrofitted, container-style, or purpose-built.

Container-style: Miners are housed in modified shipping containers. Due to their portability and ability to run on either grid or stranded energy, containers have become a popular choice for hosting. Modern mines frequently use grid power.

Purpose-Built: Public mining companies often operate purpose-built mines, like Riot's Whinstone operation in Rockdale, Texas. Although purpose-built mines provide superior service for machines, they have higher capital costs that can prolong ROI cycles.

Retrofitted: In deindustrializing nations like the American Rust Belt or former Soviet satellite states, smelters or warehouses frequently function as adapted Bitcoin mines. Usually, retrofitted mines use grid power. It is effective especially in countries that are losing their industrial base.

The Mining Cost

Power bills and hosting charges make up the majority of the costs associated with hosting. Electrical costs are determined by the anticipated pull of equipment averaged over one month. However, provider-specific experiences may vary. For instance, the monthly cost for an S19 consuming 3.25 kW at $0.062/kWh would amount to $150.

Mining Machine’s Trusteeship and Hosting

A license is mandatory before setting up and running a bitcoin trading venture. The process that you need to follow strongly depends on the country in which your business is located.

Generally speaking, miner hosting and bitcoin ownership is legal worldwide. The admissibility of mining bitcoins entirely depends on where you live. The supremacy of fiat currencies and governmental control over the capital markets could be threatened by the idea of bitcoin. Because of this, Bitcoin is completely prohibited in some jurisdictions.

Conclusion

These are some points that clarify miner hosting. Make sure the data center you select is transparent about its price-performance ratio and that you are only billed for the resources you use in real-time. Finding the best data center for your needs provides peace of mind without sacrificing the comfort of your private life.

Guide to mining hosting: how it's done?

If you are looking for a trustworthy mining machine hosting services and miner hosting solutions such as Ant mining machine, Avalon mining machine hosting, and Shenma mining machine hosting, then LLGO is a one-stop solution for all your mining problems.

Bitcoins can be a game-changer for the e-commerce market in the near future. However, mining Bitcoins is not an easy task. It takes a lot of time and effort to make one single Bitcoin. Usually, Bitcoins are mined by anonymous users and require heavy investment and access to electricity. That's why this article will give you a proper guide on miner hosting and is it worth putting your money into it.

What is miner hosting?

Miner hosting can also be called a mining hotel, where Bitcoins and other cryptocurrencies are mined. Miners are the ones that host a farm of ASICs or video cards, and the owner of the devices would pay the rent for the space and the electricity for the mining. Miner hosting places offer owners to set up and install the equipment, which is provided with all the necessary means of mining Bitcoins like stable Internet, a reliable socket, and an air conditioning system. Now miners can use the blockchain process to create more digital currency. Mining can only be done through high-end supercomputers that require a lot of electricity. In addition, most modern ASICs cannot be kept in just any room. It generates so much noise due to the fan operation. Plus, the computer has to run all day long. Miner Hosting services keep ASICs at any commercial facilities, also known as a colocation or data center. Miner hosting can be built in the most common three ways: container-style, purpose-built, or retrofitted.

●Miners can use Containers and altered shipping containers for hosting miners. It is a popular hosting choice. Since it's very mobile and you can use it for either stranded or grid energy.

●Other Bitcoins mines are Smelters, mills, or warehouses, specifically in de-industrializing states such as the former Soviet satellite states or American Rust Belt. These mines need to use grid energy.

●One of the common miner hosting places is Purpose-built, such as Riot’s Whinstone facility located in Rockdale, Texas. It is a public mining firm and offers higher-quality service for the equipment. However, it's more expensive than other places.

Benefits of miner hosting?

Miner hosting service matters on its convenience and cost. Although there are some downsides to miner hosting like abundant heat and noise, and energy requirements, still there are many hosting solutions that can take care of its downsides. If you want to reduce the noise, then you can buy the best mining machine on the market, which is the Antminer S19. The S19 needs some 3,000 watts of power, and it operates at 175 degrees Fahrenheit and over 80 decibels. You cannot just mine Bitcoins anywhere due to the massive heart and noise the Bitcoins mining machines can produce. And thus, miner hosting places are perfect for solving these issues.

Common costs of miner hosting?

Miner hosting costs can be divided into two parts: hosting fees and electricity costs.

Miner hosting places can be rented or owned and both private and government. Miner hosting contracts can offer different time lengths, for instance, 12 or 24-month increments. Miner hosting price depends on the facility's kilowatt per hour costs. Usually, it doesn't take more than $0.05-$0.07 dollars. For example, an S19 using 3.25 kW charged at $0.062/kWh electricity would take $150 per month. Plus, there are maintenance costs and other various expense factors.

Ending words:

Today many miners have started to use geothermal energy as the main source of energy power to mine Bitcoins in miner hosting places. But still, minor hosting services are the best optimal experience for mining Bitcoin. LLGO is the best mining machine hosting service provider for all your mining solutions.

Recommended reading

How many Bitcoins can you mine a day?

How many Bitcoin can you mine a day? Based the mining hardware inputs provided, 0.00056823 Bitcoin can be mined per day with a Bitcoin mining hashrate of 140.00 TH/s, a block reward of 6.25 BTC, and a Bitcoin difficulty of 30,977,051,760,460.00.

How much does the average crypto miner make?

How much does a Crypto Mining make? As of Sep 4, 2022, the average annual pay for a Crypto Mining in the United States is $84,866 a year.

Is BTC mining still profitable?

Bitcoin mining is still extremely profitable in 2022. Bitcoin miners are currently mining around $20 million worth of Bitcoin per day. That's $600 million per month. A mining machine costs $2,000-$20,000, making it difficult for anyone but professional miners to mine.

Mine hosting process

Order

Pay deposit and prepay electricity

Settings

Open wallet address Set mining pool type

On the shelf

Buy property insurance and put it on the shelf

Management

View computing power and income

Mine hosting site

Miner hosting
Miner hosting
Miner hosting
Miner hosting
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BTC
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Issue amount 21000000
24 hours volume 2.95M
24 hours turnover $ 57.06B
Market Direction Short
Panic Index 21 (Extreme panic)
Swap Rate 15.40%
Market Value Proportion 38.99%
market value $ 2,070.29 x 100 million
24 hour increase -1.87%
Computing power 230.95 EH/s
daily output 0.00000401 BTC / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+73.27%
ETH
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Issue amount 121630728
24 hours volume 24.78M
24 hours turnover $ 32.86B
Market Direction Long
Swap Rate 20.22%
Market Value Proportion 17.00%
market value $ 821.42 x 100 million
24 hour increase -1.90%
Computing power 855.24 TH/s
daily output 0.00001549 ETH / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+372.30%
LTC
Shut Down
Issue amount 84000000
24 hours volume 8.41M
24 hours turnover $ 448.86M
Market Direction Short
Swap Rate 11.80%
Market Value Proportion 0.39%
market value $ 22.76 x 100 million
24 hour increase -2.02%
Computing power 467.75 TH/s
daily output 0.00001519 LTC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

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DASH
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Issue amount 18900000
24 hours volume 629.54K
24 hours turnover $ 26.08M
Market Direction Long
Swap Rate 5.75%
Market Value Proportion 0.04%
market value $ 3.68 x 100 million
24 hour increase -9.17%
Computing power 2.30 PH/s
daily output 0.00027736 DASH / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

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DCR
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Issue amount 21000000
24 hours volume 100.20K
24 hours turnover $ 2.60M
Market Direction Long
Swap Rate 0.69%
Market Value Proportion 0.03%
market value $ 2.51 x 100 million
24 hour increase -5.24%
Computing power 84.88 PH/s
daily output 0.00000412 DCR / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-87.64%
ZEC
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Issue amount 21000000
24 hours volume 933.56K
24 hours turnover $ 51.90M
Market Direction Short
Swap Rate 6.07%
Market Value Proportion 0.09%
market value $ 5.35 x 100 million
24 hour increase -7.05%
Computing power 9.77 GH/s
daily output 0.00027640 ZEC / K
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

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