How To Start Mining With Only a Bank Card
Is mining affordable?
It may seem that mining is no longer accessible to the average user, and all mining rewards are accumulated by the largest mining pools, however, in general, this is not the case. Moreover, today there are mining options that don’t require you to buy expensive equipment, which has always been a major obstacle for beginners. But first things first.
How to start mining
There are several ways to start mining Bitcoin. The classic way involves the purchase of special equipment, the so-called ASICs, which are designed specifically to solve computing problems in the Bitcoin network.
Entering the mining market through this door requires investments of several grand, programming skills, ASIC connectivity to the network, and enough patience to overcome all difficulties. It may take a year from equipment purchase to the start of mining, and then some more time to reach profitability. Of course, this path is only suitable for relatively large capitals.
But what about those without sufficient resources for independent mining?
As it developed, the crypto industry itself has found the answer to this question. As the crypto business was constantly expanding, industrial data centers, inside which several thousand (or even tens of thousands) ASICs were placed, providing enormous computing power.
High-technology companies place their data centers near sources of inexpensive renewable electricity, also, their equipment is purchased and serviced centrally, which significantly reduces operating costs.
Data centers allow you to mine bitcoin several times more efficiently than home mining
Working at a data center is the cherished dream of everyone who would like to engage in mining, but does not have enough funds to enter the business independently. Recently, such demand has been resonating, so now, in order to start mining, there is no need to buy and maintain mining equipment - just use the ready-made data center capacities!
Now that we've figured out how to start mining, let's talk about choosing the equipment!
How to buy a miner in a data center
You no longer have to wait a year because you can buy a miner right at the Cuverse data center! You will manage the miner from the control panel without leaving your home, and monitor the receipt of cryptocurrencies to your account balance on a daily basis.
Buying a miner in a data center will relieve the need for constant maintenance.
You will receive your first bitcoin reward in the next 24 hours after signing the contract. Needless to say, it's much faster than if you did everything yourself.
Mine with a Cuverse miner!
Cuverse invites you to buy a miner and immediately start mining with it! Why is it profitable?
- No need to wait
- No need to pay for shipping
- No need to think about where to place (host) the miner
- No need to configure and maintain the miner
- No noise
- Attractive price
- Free disposal
Which miner model to choose
The cost of miners may vary by 10 times. Which miner should you choose? And why is there such a difference?
Clearly, it's all about profitability, that is, how much profit the miner will bring. But the higher the profit, the higher the price! This means that it is crucial to understand what the miner's payback period is. During the period of miner use, you need to earn as much as possible, which means that you can pay off as quickly as possible!
Use the Cuverse profitability calculator to estimate the profit depending on your contract term and the miner model. Find your own balance between investments and profits!
Mining with a bank card
So, now, in order to start mining, you do not need to call China or explore the used miner market. All you need is a bank card and the will to invest some money in mining.
Cuverse offers attractive and extremely flexible contract terms for the purchase of miners, which you can choose for yourself in a user-friendly interface. Select the contract term, estimate the daily income, payback period, maintenance and electricity costs. Your deposit will be topped off according to a clear schedule, and the income will be quite predictable and estimated at the stage of contract signing.
By working with Cuverse, you gain full access to the mining industry, earn cryptocurrency, convert and withdraw income to your bank card. We have created a whole infrastructure and a convenient platform to make mining accessible to everyone!
About Cuverse
Cuverse is a Bitcoin mining company. Cuverse delivers cloud, hosting, and high performance computing services to its enterprise customers.
Through strategic global partnerships with institutional-quality specialist hosting providers, the company’s unique business model allows investors to use the most attractive capital resources: bitcoin miners, and get one of the highest return on capital in the industry.
Cuverse responsibly supports Bitcoin by investing in the mining infrastructure that is provided by low-carbon energy, like wind, solar, nuclear, and hydro.
The company is headquartered in Hong Kong and was founded in 2023.