New Mining: Safe Colocation Crypto Mining ASIC and GPU Cards?


What Is New Mining?

New Mining is a digital platform that offers full-service bitcoin mining, with everything already set up. Users can start earning Bitcoin with industry leaders. The platform is composed of experts in the fields of IT, infrastructure, and blockchain, who are ready to ensure that mining operations run smoothly.

New Mining has 15 years of experience as a distributor of server hardware and data storage systems. It has the best engineers and developers, drawn from turnkey cryptocurrency mining data centers. Importantly, the platform embraces a top-notch IT Infrastructure, which comprises creators using ready-made configurations to conduct personalized assembly of equipment.

New Mining Advantages

  • Daily creation of new coins
  • Expertise in mining
  • Low-price electricity
  • Round-the-clock hardware monitoring
  • Constantly updated software
  • Definitely no hidden costs or commissions
  • Maximum return from the hardware
  • Stability and continuous work, among others

Getting Started On New Mining

Getting started on the platform is simple. You simply pass through the following steps:

  1. Review terms of contract
  2. Place an order—this should be a minimum of USD$50,000
  3. The platform sets up the hardware and sends you confirmation
  4. Connect your Bitcoin wallet
  5. Explore mining performance in the dashboard and receive your payouts

Mobile Data Center

New Mining has a well-equipped data center comprising of 40-foot outdoor container with 800 units in each. The overall productivity is 11.2 PHash per second. It has a power supply of 1.2 mW per hour for each container. Internet speed is 100 megabytes per second.

Colocation

This has to do with hosting of mining equipment in data centers of the New Mining Company. Different plans are involved. For example, a 15-year plan comes with a one-time payment for power capacity, wholesale energy prices, post-payment, and a minimum of 50 devices.

If you chose a monthly payment plan, the minimum contract period is six months. For ASIC miners, you pay 60 Euros per Kilowatt per month while for GPU Farm you pay 70 Euros per Kilowatt per month.

Benefits Of Colocation Compared To Individual Mining

Whereas individual mining comes with retail energy prices, which are usually three or four times higher, data center colocation comes with wholesale energy prices. Individual mining has a complicated deployment process while collocation involves professional management and maintenance.

Another downside of individual mining is constant overheating threat. In data center collocation, there is comprehensive cooling system. In addition, individual mining comes with the risk of damaging expensive equipment. Data center collocation prevents this by ensuring maximum performance for given equipment.

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