Cryptocurrency mining is becoming more and more popular. Even the American tech giant Intel has begun developing devices for more efficient mining. Other manufacturers are also now thinking about how to mine more bitcoins for less.
However, not only equipment, but also a correctly chosen place for its placement will help miners to save money. So how do you find the right hosting?
One of the very first points to pay attention to is how much you have to pay for electricity consumption. This figure varies from country to country. For example, in American mining hotels, it is about $ 80-85 per 1 kilowatt. In the CIS countries it is several orders of magnitude lower.
Another important factor concerns service. To save yourself from unnecessary worries, it is better to find a hosting that is provided by specialists. For example, they can install equipment, make sure devices are running smoothly, and keep track of their safety. Hosting employees can even monitor the mining process around the clock and make sure that no computer fails.
So, the technical support staff do an excellent job with their tasks, that is, they control the process. For more confidence, you can also install online monitoring. This will allow you to see how mining is going on at any time and if there are any problems with devices.
In addition to monitoring, it is necessary that the hosting has powerful equipment cooling systems. After all, if it is not cooled, then the rate of cryptocurrency mining will sharply decrease. Plus, mining devices will wear out faster. In other words, bitcoin mining will become much less efficient and much more expensive.
And finally, the fifth factor that you should pay attention to when choosing a hosting. This is his reputation. Try to find all the hosting information on the internet. For example, who is its owner, what he was doing before, as well as other information that can tell about the reliability of the company.
In general, hosting is pretty easy to find. By the way, one of the activities of ECOS is hosting mining equipment using the ECOS-M service. The user will also have access to ratings based on the above criteria to select a suitable site.
When choosing, pay attention to the factors that we have listed above. And then there will be no need to worry about the safety of the equipment and your investment.