How to choose mining hosting service?
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Solo mining is becoming unprofitable. So, its time for hosting.
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#1 Price
Compare electricity prices in different services. In the US it could be about $80-85 for Kw, in Armenia and other Eastern European countries a few times lower.
2# Cooling
If a cooling system is not effective, mining also wont be effective.
3#Reputation
Analyze the information about the company, its website and social media activity.
Use the criteria, choose a good hosting service and make money from cryptocurrency mining!
Today, only altcoins with low capitalization can be mined on the hosting server. As the people say shitcoins. ⠀
Solo mining is becoming unprofitable. So, its time for hosting.
⠀
#1 Price
Compare electricity prices in different services. In the US it could be about $80-85 for Kw, in Armenia and other Eastern European countries a few times lower.
2# Cooling
If a cooling system is not effective, mining also wont be effective.
3#Reputation
Analyze the information about the company, its website and social media activity.
Use the criteria, choose a good hosting service and make money from cryptocurrency mining!
With the hope that in the season of altcoins there is a chance to make good X.
Otherwise, you most likely will not pay back the hosting costs. I have already dealt with this.