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I was so tired of all the bullshit I saw in the cloud mining space. I mean, I probably spent hours each day researching different ways of getting into bitcoin mining and everything I found had at least one major problem with it. That's when I decided I was going to start my own mining farm.
But how?
As you may know, bitcoin mining is not so simple, it takes a ton of industrial power, cool climate and ventilation systems, and full time security and maintenance staff- preferably an engineer on staff. So now I had a different problem, how was I going to find all that in one place?
That's when I met Gabi, my partner. Gabi was living in Moscow for 15 years and had moved there from his home town in Spain. Gabi's wife was from a town called Irkutsk, in Siberia. The thing is, Gabi was also looking to get into mining and he had already found a secure facility with 100 megawatts of power. In case you don't know how much 100 megawatts is, it's enough to run over 100,000 ASIC miners. That's a lot.
It was at that point that I realized this was going to work. We were going to build the most transparent, easy to use, and most profitable mining platform for investors who wanted to get involved in bitcoin mining.
When I say I wanted to get involved in mining, let me be clear, I don't mean technically involved. I'm not a computer programmer, far from it. I just loved the idea of earning passive income in bitcoin, because I totally believe that bitcoin is going to become a world currency one day. Whether today's price is $7,000, $8,000, or $18,000, it really doesn't matter. I think bitcoin is going to be in the hundreds of thousands one day in the not too distant future. So bitcoin mining was more about having a secure and consistent source of bitcoin coming into my wallet every month.
Sounds good doesn't it? It is. And today, I can honestly say we built exactly what I had in mind. Join me as I take a hand held video and walk you through the mining farm:
So what is Elevate Group, and why should you care? If you want to mine bitcoin, we're probably the best place to do it. We have a dedicated 100 megawatt facility located in Siberia, and because it's cold almost all year round, we have very little cooling expense. On top of that, the city we're in Irkutsk, is a very industrial part of town, so that meant that we had access to cheap and plentiful power. When I say cheap, I mean 5.5 cents per kilowatt hour, that's almost half the cost that other miners in Europe are paying.
In three short months, we're on the scene, and yes we're not as big as Genesis Mining or Hashflare, but we're way better than both and investors are starting to take notice. We handle everything from ordering your miner directly from Bitmain, to handling all the customs and shipping, get it delivered into our farm and online within a month. We don't use any confusing 'fine print' cloud mining contracts because quite frankly, that is complete bullshit. Our model is simple and straight forward.
We mine for you, we host and perform all the maintenance your miner(s) need and we do not charge for that, yes it's free. We pass on our low cost of power to our investors too, and so you're basically mining as a commercial miner. So how do we earn our money?
We charge a an equipment management fee of 20%, that's it. We have now implemented our mining dashboard from awesome miner. That gives our investors the ability to monitor their miner(s) 24/7 and know exactly how much they're making.
Now when I said the most transparent mine in the world I meant it, I wanted investors to grow with us, so we decided to partner up with a custody company that would handle all the investors money. We don't even mine into our own wallet, we mine directly into an escrow wallet held by Etana Custody. Each month, Etana Custody, as a separate third party escrow provider, distributes the investors funds directly into their own private wallets.
We are already distrupting the cloud mining industry. While Genesis Mining charges $285 per terahash for a contract that is not even favorable to investors, we actually sell you ownership in your own miner. And if you're wondering about the cost per terahash with us, it's $96 per terahash.
Ok, I think I've given you the best snapshot of us I could without boring you. But really, you may have seen our sales admin around Steemit, he also loves Elevate Group and mines with us - you can get in touch with him here: https://steemit.com/@lukasmoser
We have a small but growing Telegram group too, and you can always join and ask existing investors how their experience has been. I think you will love us, it seems that most people who discover us do.
As the founder, I've always made it a point to be personally in touch with the community, so don't hesitate to reach out to me personally.
Here's to the end of cloud mining, and the beginning of
👉 MaaS - Mining-as-a-Service.
Thank you,
Amir
👉 Youtube https://tinyurl.com/yau2v5ys
👉 LinkedIn https://il.linkedin.com/in/amir-ness-2412826/de
👉 Email amir@elevategroup.io
👉 Website https://elevategroup.io/