Nuvoo Bitcoin Cloud Mining Releases Month-To-Month Contracts to Challenge Genesis
Largest Crypto Mining Company in Canada Releases Month-To-Month Bitcoin Contract Option, Among Other Benefits
Nuvoo is known as one of the most trusted cryptocurrency mining companies in the world. A recent change to their contracts will help the cryptocurrency world to expand even further, using ASIC technology with their newly lowered pricing structure. The new system should help to challenge potential competition in the space, like Genesis, HashFlare, and others. However, the major benefit that consumers should see is the 50% cheaper mining rates, plus lower maintenance fees, in comparison with what’s offered at Genesis Mining.
The new contracts will allow consumers to engage in a month-to-month concept, but with the ability to sign up for 24 monthly payments in an open-ended contact. This is the first company to provide the option of 24 installments for their payments. For example, if someone purchases a $3000 contract, they spread out the payment over 24 months, bringing it down to $125 instead. Since this lets users increase their contracts for a higher monthly payment later on, this could mean a major improvement in spending within the crypto market.
With this design, beginners can confidently enter the market safely. As they accrue more experience and knowledge with the industry, they have an option to slowly increase how much they want to dedicate to their investment. Nuvoo doesn’t presently have a cryptocurrency exchange, but it is in the works.
CEO and founder Mr. LeBlanc stated,
“We have the most advanced platform to manage cloud mining activity with the most efficient affiliate plan. The time has come for the world to know that Nuvoo is a far more stable crypto mining platform compared to Genesis, tipped by many to be the world’s largest cloud mining company. Now, with our new bitcoin contract in place, our pricing is around 50% less than the price of Genesis mining and the maintenance fee is lower than any competitors as a Canadian mining farm.”
Right now, Nuvoo is responsible for the ownership of over 10 datacenters, which service their thousands of customers around the world. Many people trust Nuvoo, based on their transparent ecosystem that supports cryptocurrency miners especially. They receive no profit for mining equipment, which seems to be the reason for the low contract prices.
The press release that announced all of these changes also notes,
“Unlike other competitors, Nuvoo emphasizes on lower mining costs and use of greener energy. This is possible because a high percentage of electricity in Quebec is generated from hydroelectric dams. The cooling costs are also lower because the region remains significantly cold for a considerable part of the year. Nuvoo attributes their strong position in the market to the company’s special relationship with Energy provider and several municipalities in Quebec, enterprise that manages the generation, transmission, and distribution of electricity in Quebec.”
Right now, the only limit imposed on payouts is that the user has to withdraw at least 0.002 BTC at a time. To help miners figure out approximately how much they will earn with each of the mining plans, there’s a mining calculator as well.
To learn more about Nuvoo, visit https://nuvoo.io/.