When we created Cryptosolo, our priority was to ensure the safety of our customers and their investments. While Bitcoin mining remains one of the most stable and secure ways to earn cryptocurrency, the market is dynamic and constantly evolving, which makes managing your own mining equipment a challenging task.
Of course, mining at home is an option, but it comes with many risks and challenges. Here's a summary of key issues you might face when independently purchasing, setting up, and maintaining mining equipment:
Reliable Retailers:
Purchasing mining equipment from unreliable retailers can be risky. It's crucial to select a trusted retailer with at least two years of experience, good customer feedback, and a solid reputation. Without this due diligence, you risk receiving used or faulty equipment.
Equipment Quality:
Suppliers may attempt to sell outdated or less efficient models, such as an older S9 miner instead of an updated S9i or S9 (14.5 TH/s). Inexperienced buyers might not notice these differences, resulting in a less profitable or obsolete machine. Always check the equipment's logs and run it for at least 30 minutes before purchasing to ensure it operates at optimal power.
High Costs:
Expenses such as shipping, customs duties, VAT, and commissions can significantly impact the profitability and payback period of your investment.
With cloud mining, all these complexities are eliminated. Our services include everything you need—at a fixed price—ensuring a seamless and hassle-free experience.