MintMine (MTMN Token): Hydro-Powered Bitcoin Mining Investment?
What Is MintMine?
MintMine is a cryptocurrency mining platform secured by a state-of-the-art mining facility and run by a team of forward-thinking financial and data center experts. The platform is committed to democratizing the digital asset ecosystem and making it mainstream. Its goal is to create a shared cryptocurrency mining operation that is affordable and accessible to members for utilizing the benefits of blockchain technology and crypto wealth distribution.
Transparent, Hydro-powered Bitcoin Mining
MintMine uses cheap and clean energy that is paid a year upfront. The operation is manned by a team of excellent mining experts, which ensures that everything goes on smoothly according to the best standards. Besides, MintMine is a transparent company and an investment structure to consider.
The following are its top features:
Experienced Bitcoin Mining Experts:
Its team of world-class mining experts currently manages more than 20,000 miners every day. The platform has started mining at its facility where 1080 S9 miners are currently working.
Equipment and Electricity purchased Upfront:
Mining equipment and heavily discounted electricity are paid upfront, which reduces mining costs and increases the predictability of their operations. This will act as a safety net for investors and allow the company to conduct mining ventures without hefty bills that other mining companies encounter.
High transparent lifetime payouts:
Up to 70% of all mined coins will be shared among token holders. There are no hidden costs and the platform offers leading output per token in the industry.
Token Sale You Can’t Afford to Miss
MintMine plans to conduct an IEO (Initial Exchange Offering) to sell MintMine tokens through a crypto exchange. An IEO relies on an exchange to function as the regulator, making it significantly more difficult to abuse. It is safer, more trustworthy, and more transparent than an Initial Coin Offering (ICO). Advantages of IEO include:
- Certain listing on an exchange
- Exchanges protect your funds
- Large investor audience
- Extensive vetting process
Where do Bitcoins come from? Usually, governments through their central banks print and distribute money. However, in the case of Bitcoin, there is no central government. Therefore, miners use special software to solve math problems and in return get rewarded in Bitcoins from blockchain. Miners sell bitcoins to people, leading to more Bitcoins in circulation.
Where do people Mine Bitcoin?
It’s simple. Mining Bitcoin is highly profitable when done right. It keeps getting more profitable. Anyone can mine Bitcoin, but there are some things to know beforehand:
- Mining profit is heavily dependent on electricity costs
- To profit from BTC mining, you must have specialized mining hardware (ASIC).
- Without proper maintenance, ASIC hardware can run into several issues.
According to Bitcoin Magazine, profits generated from Bitcoin mining have been on the increase since April 2019.
Why should you start mining?
Bitcoin mining has become more profitable based on the following reasons:
- New ASIC miners can do 10 times more Bitcoin for the same cost it used to happen several years back.
- Many miners closed business in the second half of 2018 because of the low BTC price and high break-even point.
- BTC price has been steadily increasing and is expected to skyrocket based on the upcoming BTC halving. According to Forbes, the block reward halving often has a long-term positive effect on the price of BTC
Why Choose MintMine?
MintMine is a Bitcoin mining platform that is surrounded by professionals and investors. It has a clear operation structure and monthly payouts. As noted earlier, they pay a year in advance for the cheapest clean energy in the world—hydropower. Besides, MintMine has a solid track record of running multi-million dollar mining operations.