Frequently asked questions

What would make the mines unprofitable?
If BTC went under $10k, we would turn the mines off. We would supplement the older mines with newer mines as mining equipment becomes cheaper when BTC is cheaper.
Is the equipment updated throughout the process?
Yes because you are buying into a pool. We are constantly adding to the pool to ensure your returns are stable. The more mines working together, the more efficient mining becomes.
Are the mines rented or owned?
We own the mines, you receive a lease on your investment. This reduces your exposure and risk. If you owned the mines, and some of the mines went down, you would be more likely to lose money.
How will the 2024 BTC halving impact profitability?
The halving will not have a major impact. 70% of our miners are mining LTC and 30% are mining BTC. A halving traditionally increases the value of BTC massively. In 2020 BTC went from 10K to 70k, then stabilized at 20k.
What dictates life expectancy of the mines?
Our agreement is 5 years. After year 2/3, the mines will degrade by 10-15% per year. However we are constantly buying new mines to offset this. At the end of your term you will have the opportunity to extend your agreement. 
Can I visit the mining locations or revisit the mines?
Yes, there are 2 locations, one in North Carolina and our larger location in Paraguay. This would be specifically scheduled with us and handled on an individual basis. We can have someone meet you out there, we do not have a tour company however. It would be difficult to pinpoint the exact mines you are utilizing however you would get to see the area and location where the mines are running.