Cryptocurrency Mining and Multipliers
Purchasing Mining Rigs
As highlighted in the article “Financial Blockchain Businesses,” fiat currency flows into crypto, and the first link in building a “profitability chain” to extract maximum returns is cryptocurrency mining. All other crypto businesses are merely multipliers for the mined cryptocurrency.
Esteemed Sirs, we possess established relationships with mining rig manufacturers in India and China and can efficiently procure, deliver, and deploy mining equipment within a timeframe not exceeding one month, tailored to your specific order.
Cryptocurrency Mining
Critical Parameters
Three components are critical for all four types of mining:
1. Cooling efficiency
2. Electricity cost
3. Multipliers
Cooling
Regarding the emergence of more energy-efficient chips in the future, we can say the following: at present, the microchip production process has reached its technological limit in terms of miniaturisation. Today its accuracy is 12 nanometres – that’s three atomic layers. It is only possible to make it smaller using graphite tubes, but this technology is still far from industrial application. Thus, in the near future, no reduction in heat dissipation relative to hashrate is expected due to process optimisation.
Electricity
Currently, we have managed to find an opportunity to purchase electricity on the territory of the Russian Federation at a cost of 1.5 roubles per kilowatt. Due to this, it is possible to receive, for example, on cloud mining, essentially double or even triple the rate of return, compared to most data centres.
Multipliers
You can read about the chain of multipliers in crypto-financial businesses in the relevant article. As for mining, the first such multiplier that increases profitability is the cryptocurrency exchange, which we can also create for you. Without multipliers, mining profitability is quite low.
If you are considering mining, we would like to inform you that mining will soon cease to be profitable without the inclusion of fintech multiplier add-ons. We offer our support in properly structuring your future business, as well as finding partners for multiplication.
Alexey Zarin
Moscow, 2017
