You will receive a proper German bill with detectable value added tax every month for your current electricity costs. You can pay the hosting fees in Fiat (EUR) by bank transfer, cash (upon receipt of a cash payment receipt) and in crypto (USDT & USDC).
In the event of defects within the warranty period, we will repair them promptly and free of charge. We can carry out most work directly on the farm, and in the event of major defects, we will send the devices directly to the manufacturer. Even after the warranty, we will of course be happy to take care of any repairs that may be required - these will then be charged to you
Unlike capital investment (coin purchase), mining is always associated with a commercial activity, where you have to tax the income. The holding period of one year does not apply here. We are happy to recommend our tax advisor, who can advise and assist you in matters of cryptocurrencies and cryptocurrency.
For security reasons, you do not get (VPN access) to your miner. We store the desired pool & wallet information on the device for you, and we will also take care of monitoring and firmware updates. If you have 50 devices or more, we can set up a Foreman guest account for you. For larger quantities, we are also happy to set up full access to your desired software (HiveOn,...).
The mined coins do not go through our hands, but are transferred directly to your desired wallet via your mining pool. Payouts are made according to settings starting at an amount of X or at certain time intervals.
We are also happy to implement larger projects for you. For example, we can place a dedicated hydro container (e.g. HK3 V6) for you in one of our farms. Just talk to us about this.
The contract period is at least 12 months. We are also happy to offer you longer terms.
For annual prepayments of hosting fees and/or for longer contract terms, we can offer you discounted rates for the price per kWh.
We are happy to sell your hardware directly on hosting. In general, we always find interested parties very quickly who want to buy hardware that is already in hosting - due to an immediate go-live. Just talk to us about this.
If mining hosting expires after cancellation with us, you can pick up the hardware at the mining farm or we will send the miners to your desired destination.
If you need help setting up a mining pool or crypto wallet, we're here to help. We provide easy-to-understand guidance and support, even if you don't have any previous experience. Your mining income is transferred directly to your pool and then to your wallet, which only you have access to.
The prices for mining hardware are based on current market conditions, which are heavily influenced by the development of the crypto market. For this reason, prices can fluctuate and we adjust them frequently on our website to always offer you the most current market price possible.
Yes, it is possible to purchase mining hardware without our hosting service. We offer you the freedom to operate your hardware yourself and benefit from the high quality of our products at the same time.
The selection of the right miner depends heavily on your individual requirements and the goals that you want to achieve with your investment in mining. We are happy to advise you to find the best solution for your needs. Book a consultation using our contact form and we will make a tailor-made recommendation.
In most countries, crypto mining is legal, but there are regions where it is prohibited or heavily regulated.
Yes, mining rewards are taxable in many countries and must be declared as income or investment income.
After the maximum spending of 21 million bitcoins, there will be no new bitcoins as rewards, but miners will be rewarded through transaction fees.
ASICs are optimized for specific mining algorithms and offer much higher efficiency and hashrate than normal GPUs.
The higher the network hashrate, the harder and more competitive it becomes to mine blocks.
Yes, mining produces a lot of heat, and without adequate cooling, hardware can overheat and be damaged.
Although there are mobile mining apps, mining on smartphones is not profitable due to low computing power compared to specialized mining devices.
Yes, but mining at home is often inefficient and can result in high electricity costs. Professional miners use specialized mining farms.
Electricity costs vary depending on region, hardware, and the amount of computing power that is being used. They can be significant and have a big impact on profitability.