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Perhaps it's not a secret for anyone what bitcoin is. You can hear about him from almost everywhere, and sometimes it seems that he has taken over the world. It has long been clear that Bitcoin will not collapse, and although its value always changes dramatically, this currency will remain with humanity for a long time, if not forever. Many people have been able to make a fortune with the help of Bitcoin, but this also does not exclude the fact that someone went bankrupt. At the moment, to invest in cryptocurrency, in particular in bitcoin, is a promising undertaking, especially if you approach it competently and do not take rash actions. The price of bitcoin is inevitably growing, which means that it is important to get acquainted with the cryptocurrency market right now, before their price skyrockets, as some famous people predicted.
Bitcoin is considered the new gold as traditional baby boomer money is passed on to the younger generation - millennials. The latter look with much more interest at the digital coin and not at the precious metal. Perhaps it is this fact that lies behind the interest of institutional investors in the asset, and if all is so, then the interest will be long and stable, the expert is certain.
Buy bitcoin regularly and invest in cryptocurrencies for the long term. Now it makes sense to continuously invest a small amount in cryptocurrency, for example, 5-10% of the salary. And for beginners, holding assets with long-term goals is more promising than trying to speculate. Strong price fluctuations can lead to panic selling of coins in the event of a fall and lead to losses.
This market has a significantly lower capitalization than the stock market, which means that it is much more volatile. Oftentimes, investors lose their nerve and sell the asset on the lows and buy on the highs. Stop looking for deals every day and just follow industry news. That saves nerves and broadens your horizons. From his point of view, cryptocurrency is one of the most noticeable financial events of recent times, and it is definitely worth investing part of your portfolio in Bitcoin.
In this article, we will break down a project called Minery.io. This is one of those new and ambitious projects that will help you with the right investment in this area. Next, we will take a closer look at what this company is, why it can be useful to you and who its founder is.
Cryptocurrency mining hosting with Minery
Let's take a closer look at Minery. Minery.io was founded in 2016 by seasoned miners to provide seasoned cryptocurrency miners with a hosting and service company that they can use. The company regards customer trust as its most valuable asset and does everything it can to earn it. It strives to maintain its customers' trust through transparent billing and allowing customers to visit their servers around the clock through the company's websites.
The company managed to build a network of business contacts with major manufacturers of devices for turnkey mining cryptocurrencies. The company's advantage is that it has its own experience of the risks and disadvantages of each model on the market. Creation of our service center in which trained specialists repair and maintain ASICs.
Minery has carefully selected the best renewable energy sources, optimal climate, best team, and developed the best management tools and software to deliver Minery Premium Managed Mining Hosting.
Years of experience in mining allowed the development team to build a global network of relationships with suppliers of mining hardware and software. The firm continues to grow at a very fast pace, supporting more and more miners and making their life easier. You can participate in Minery hosting and experience what it means to have a world-class hosting partner for your investment in the promising cryptocurrency market.
Minery's IT and operations teams apply data center management best practices to architecture, infrastructure, processes, and employee training.
The technology stack is designed for reliability and scalability. The company will combine cloud and on-premises resources to ensure the right level of redundancy for all critical components and to ensure that no leaks occur. That said, it's important to understand that the company cares about your security and the integrity of your data.
Another big plus is the fact that the company offers access to 24/7 support. Not all companies can support their users 24/7. All of this shows that the company strives to maximize uptime by constantly monitoring the customer's equipment and the supporting infrastructures that are so important. If we talk in more detail about security systems and failure prevention, then there is automatic error detection and proactive warning system, central problem management system, proactive resource usage analysis, and ongoing training and certification of the working group we have already talked about.
- The ability to service the devices and maintenance under contract is transferred to the supplier's personnel area of ​​responsibility. This eliminates downtime in equipment operation and with it the loss of potential profits.
- The company undertakes to provide the farms with an uninterrupted electricity supply and is prepared to offer any network capacity within the framework of the electricity prices established in the contract.
- Professionally prepared ASIC space excludes device overheating and failure before the deadline. Perfectly calibrated cooling and ventilation systems automatically maintain an optimal microclimate in the containers.
- The hoster's certified team will provide competent support in the purchase of equipment, choosing the optimal mode for mining, and taking care of the 24-hour security of the complex.
- Total control by the client over the operational status of the personal account. Transparent daily billing. The ability to control the system through various channels: email, instant messaging, telephone.
- BTC tokens obtained during mining are instantly available for withdrawal. It is not necessary to wait for approval from the administration, the conversion of the extracted assets is solely in the hands of the client.
The company announces the fast connection of the cloud mining service. With the introduction of this format, potential Minery clients will have the opportunity to invest in Bitcoin mining with minimal risks.
Features of Minery.io that set the company apart from others
- The company offers a unique bitcoin hosting mining insurance offering that will protect you from unexpected loss of profit.
- The company's mining center is located in a cool region, which helps to extend the life of mining equipment and increase the profitability of operations performed by users to increase mining profit
- Certified engineers who can keep your mining equipment in good working order and quickly repair it in the event of a mechanical failure.
- The Bratsk HPP makes electricity very inexpensive, reliable, and environmentally friendly.
- ASICs are bought from Bitmain at wholesale prices, which allows you to buy them at lower prices than what the retail market offers.
What about customer service and support?
- The web application provides a real-time view of your transactions.
- Transparent daily billing.
- Help and instructions are available at every step.
- Connect via email, instant messenger, phone.
- Personal service and competent staff.
- Data centers that adhere to best practices and operating standards.
- Reserve resources for critical infrastructure components.
- Individual device configuration for optimal long-term performance.
- Active monitoring that detects any degradation in performance immediately.
- Trained team working around the clock to solve operational problems.
The leading company in the mining of cryptocurrency in Russia
Recently, it was announced that the Central Bank of Russia has decided to allow mining at five complexes in various locations in Siberia.
While this measure prohibits the sale of cryptocurrencies on site, operators and developers will also have to take care of their tax returns.
In this sense, and taking into account the opportunity, the Minery company, together with the Bratsk energy company, will build five mining complexes with a capacity of 55 megawatts on an area of ​​5,000 square meters in Siberia.
According to the authorities, the company will play a key role in the processes of mining cryptocurrency in Russia, providing the necessary equipment, installation services, as well as necessary repairs; It will also use a minimum amount of electrical resources to ensure safety and reduce costs.
Here is what the founder of the company Ilya Bruman says about this: “After the company has been mining since 2016, the creators faced constraints internally, so a solution was developed in terms of scalability and legal operations. The idea is to build a comprehensive infrastructure that provides a highly efficient, powerful, and stable electricity supply to our investors, keeping their mining business running smoothly.”
Practical benefits of Minery
Bitcoin Mining Hosting Minery.io is the largest legal mining complex in Russia, offering turnkey mining solutions. With a capacity of 55 megawatts and powered by the cheapest and legal electricity in the Russian Federation, it is the largest hotel equipped with an unprecedented favorable mining environment. Our complexes are located in the Irkutsk region and use renewable energy sources from high-pressure hydroelectric power plants.
The MNRY are made of electricity. Each MNRY token entitles its owner to use 1 W of mining power and allows him to use our mining complex without rent for 30 years.
As we said earlier, many years of experience in mining allowed the development team to build a global network of relationships with suppliers of turnkey cryptocurrency mining hardware and software. All this is clear evidence of the fact that the company is interested in working with its customers and customers for many years because the level of effort that is put in by the main developers and others associated with the company is simply enormous. The firm continues to grow at a very fast pace, supporting more and more miners and making their lives easier. Technologies are designed specifically for reliability and scalability. The company will combine cloud and on-premises resources to provide the necessary level of redundancy for all critical components and avoid leaks. It is important to understand that the company cares about your security and the integrity of your data. This suggests that the developers are interested in building their company on a trusting relationship with their users, who decided to trust it. Another big plus is that the company offers access to round-the-clock support. Not all companies can support their users 24/7. All of this shows that the company is committed to maximizing uptime by constantly monitoring the customer's equipment and supporting infrastructure, which is so important. In more detail about security and failure prevention, there is automatic error detection and proactive warning system, a central problem management system, proactive resource utilization analysis, and the ongoing training and certification of the working group, which we have already talked about.
Let's talk more about the service.
Complete package: hardware, hosting, and electricity
- The most reliable devices are purchased directly from manufacturers.
- Prices include installation, configuration, and service.
- Hydroelectric electricity is available at very competitive prices.
- The on-site repair shop is staffed with certified technicians.
- Sell ​​or trade your equipment to optimize your costs.
Service and support
- The web application provides a real-time view of your transactions
- Transparent daily billing.
- Help and instructions are available at every step.
- Get connected by email, IM, phone.
- Personalized service and competent staff.
Professional mining hosting Minery
- Data centers adhere to the best practices and operating standards.
- Reserve resources for critical infrastructure components.
- Individual device configuration for optimal long-term performance.
- Active monitoring that instantly detects performance degradation.
- Trained team working 24/7 to solve operational problems.
Maintenance and repair services
- Preventive maintenance plan for each device.
- Component temperature control and overheating prevention.
- Instant fault detection and fast local diagnosis.
- Highly qualified certified specialists.
- Repair time is better than the manufacturer's warranty.
Ilya Bruman and Alexander Paykin's project - Minery.io, which allows mining to scale with a parallel reduction in energy costs - is the first and largest legal mining hosting provider in Russia. It is based on a promising investment format: joint mining, especially profitable in the wake of the growth of bitcoin, which the coin shows again.
Founder and inspirer of Minery Ilya Bruman
In conclusion, a little about the person behind the project. Ilya Bruman - founder & CEO of Minery. It is he who manages the priority areas in the company's activities and introduces them to investors and clients. By coincidence, he is also the ideological inspirer of the project.
In 1998 he received a BA in Economics from the Russian Economic Academy. Plekhanov, in 2000 higher education (qualification-specialist) with a degree in Finance and Credit, specialization in Financial Management. In the same year, he received an MBA (finance) from Moscow International Business School (MIRBIS). In 2001 he received his MBA from London Guildhall University. 15 years in the restaurant business — Ilya opened more than 17 restaurants and participated in the development of the Caffeine chain of coffee shops & the Bread and Milk chain of stores. Master franchisee of the American company Wetzel's Pretzels.
According to him, the experience gained as CEO helps in the work of the Minery project. The details of the job, the product, and the service format, of course, matter, but the basic factors - control over processes, level of customer service, and quality of service at the end - are the same values.
Practical experience and proven competence are evidenced in:
- Certification in IDACB (International Decentralized Association of Cryptocurrencies and Blockchain). The company regularly participates in international forums and conferences dedicated to blockchain:
- World Blockchain Forum in Dubai;
- ICO Qatar Conference.
Founders of the company:
- Ilya Bruman - Managing Director;
- Alexey Paykin - Managing Director.
Minery supports the transition from underground mining to equipment placement at official mining hotels or accommodation sites. This production structure dramatically reduces mining costs. An increase in the ASIC fleet from 10 to 100 units does not affect the number of service personnel. Revenues, due to scaling, increase, data center employee staff maintenance costs remain unchanged.
The benefits are obvious, in addition, the actual costs of maintaining the Bitcoin hosting are divided among all participants.
Because it is important? Many market participants, when advertising their services, name the cost of kWh without taking into account the specified components. Minery talks like she is. The power source for the project is Bratsk HPP. The company's data center is located near the station, which provides stable power to the system with inexpensive, stable, and environmentally friendly electricity.
The social appeal of Bitcoin is growing in parallel with the introduction of new technologies in the payments market, and the open and loud complementarity and support of figures such as Elon Musk (Tesla, SpaceX) and Jack Dorsey (Square, Twitter) further strengthen. plus the position of the first digital currency.
The point of view of crypto investors is shared by financial giants: Citigroup, Bank of America, Goldman Sachs, and JPMorgan. It should be noted that direct investment in cryptocurrencies is not the main interest of these companies. Their positions are much stronger in bitcoin derivatives: futures and stocks in cryptocurrency startups.
Another important marker of the investment attractiveness of BTC is the active participation of large players in DeFi projects (decentralized financial instruments). In the summer of 2021, Siam Commercial Bank announced investments in DeFi and blockchain for half of its venture capital fund.
The locomotive or, if you will, the lobbyist for bitcoin on a global scale is the institutional investors of the United States. The United States is correctly recognized as a country that initiates investment trends.
The acceptance of the cryptocurrency market by the largest US investors is a powerful incentive and a clear and positive signal for the BTC coin and those who receive income from its mining.
Ilya Bruman and Alexander Paykin's project - Minery.io, which allows mining to scale with a parallel reduction in energy costs - is the first and largest legal crypto mining hosting provider in Russia. It is based on a promising investment format: joint mining, especially profitable in the wake of the growth of bitcoin, which the coin shows again.
Based on the foregoing, we can conclude that this project is not fraudulent, since it has been working with its clients for 5 years and is not going to stop there. The company is built on the principles of mutual trust with its customers and is trying in every possible way to improve its service and maintenance, which should serve for many users to use this service for bitcoin farming.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.