BitDeer presents Cloud Hosting Group Buying Mining

By admin, 21 July, 2021

Allow retail miners to generate income with 1 mining machine


SINGAPORE, May 31, 2021 (GLOBE NEWSWIRE) – Among the extremely volatile crypto market, mining has been rated as one of the most stable investments with a decent return regardless of the bullish or bearish market. However, it is known that investing in a Bitcoin mining farm requires substantial commitments, including a large amount of equipment, a place with low electricity costs, and a place with good ventilation.

At the same time, crypto-mining machines become increasingly expensive and almost impossible to buy during the 2021 bull market when the supply of mining chips is limited. Mining machines’ futures settlement date may be as late as early 2022. Miners need a simpler and fairer way to enter the arena, and the mining service hosted in the arena. cloud comes into play.

BitDeer, the highly reliable cloud service and digital asset mining platform, offers cloud hosting mining service, allowing retail investors to buy as little as 1 mining machine and start mining. crypto mining. The one-of-a-kind group buying service gives retail investors the same opportunity for bitcoin returns as a big miner.

BitDeer’s offer lowers the barrier to entry for miners and allows investors to enjoy stable mining income without physically establishing a mining farm. Not only the mining return, but BitDeer also launched a time-limited promotion, rewarding buyers with up to $ 70 of Dogecoin per machine.

BitDeer owns several fully compliant mining farms including North American Tennessee Mining Farm, Washington Pangborn Mining Farm, and Texas Mining Farm. These mining farms legally use the local electricity grid without risk of compliance. The electrical operation of mining machines is stable, with excellent ventilation and a wide aisle for handling equipment and operating space. Overseas mining farms have a friendly policy and a mild climate, which is suitable for mining operations.

Why cloud hosting?

Cloud Hashrate is a mechanism for mining a cryptocurrency such as bitcoin without having to directly install and run the associated hardware and software. Users just need to open an account and participate remotely in the cryptocurrency mining process for a basic cost, making mining accessible to more people across the world.

Differently, rather than some of the computational power that the mining services platform usually offers, BitDeer also offers mining machine purchases that the buyer can substantially own one mining machine and enjoy the bitcoin reward while throughout the life of the machine.

What are the machines?

Since it is now impossible to profitably mine Bitcoin with your computer, you will need specialized hardware called ASICs. Bitmain’s mining machines have dominated the market for years given its advanced chip computing capabilities with advanced hash rate.

For example, Antminer S17 is an affordable product that can help miners cover the cost of the machine sooner than their peers. S17 is the type that supports bulk buying on BitDeer.

Limited time promotion – Buy and get Dogecoin in a group

In response to the heat of the Doge Market, BitDeer launched a group buying event, allowing users to buy mining machines at a lower price. At the same time, buyers can enjoy up to $ 70 in free Doge per machine. More Doge to offer if you buy more machines.

About is the world’s leading all-in-one cloud mining and services platform, enabling users around the world to mine cryptocurrency transparently, reliably and conveniently. It saves users the complicated process of purchasing, installing and hosting mining machines. Individual minors can take advantage of the service with just one click.

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Company: BitDeer

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