MinePro Documentation
  • Introduction to minepro
    • Project overview
  • The problem
    • Power cost
  • Solution
    • Logic Mining through MinePro
  • Halving effects
    • The gap increases further between industrial & retail Bitcoin mining
  • Competing solutions
    • Unattractive power rates and investment models
    • Startup style “cloud” mining, and zero revenue protocols.
  • Expansion
    • Hosting arm
  • Facility
    • Logic Mining's facility
  • $MINE deflation
    • $MINE as a deflationary asset
  • Opportunity size
    • Opportunity size
  • Internet Computer Protocol
    • Why ICP?
    • Decentralization
  • Long term vision
    • Long term vision
  • transparency
    • Transparency
  • team
    • The MinePro team
  • Tokenomics Abstract
    • The $MINE token
    • How $MINE works
  • In-depth tokenomics
    • $MINE use cases:
    • Tokenomics split
    • Staking mechanics
    • Sale minimums & maximums
    • SNS Parameters
    • Potential Attack Vectors
    • Funding Disbursement
    • Business model & profit split
  • Legal
    • Legal agreements and safeguards
  • Roadmap
    • Roadmap
  • Partners & ecosystem
    • Partners & ecosystem
  • more
    • Links
Powered by GitBook
On this page
  1. Halving effects

The gap increases further between industrial & retail Bitcoin mining

The exposure to mining options available within the general cryptocurrency community are only getting worse. As the halving commences it’s forecasted that over 80% of ALL mining operations at 6 cents or over per kWh face shutdown. The reason for this is because most mining operations (even on an industrial scale) are usually rock bottomed at around 6 cents per kWh.

Maybe pre halving that was manageable, but post halving you’re making half the rewards with the same overhead (which unless you’re private can be substantial.) coupled with the fact that many of these operations have outdated equipment, it’s a recipe for shutdown.

MinePro and Logic Mining on the other hand are hedged against this. At 2 cents per kWh our machines are forecasted to remain profitable through our 5 year contract at prices of even at $10,000 USD per BTC or below. We plan to purchase the most efficient and state of the art 200 Terra Hash Antminers. Take all that into consideration, and the fact that difficulty will drop (less global mining) and that BTC appreciation (supply priced in to appreciate.) MinePro is positioned favorably for perpetually profitable mining.

PreviousLogic Mining through MineProNextUnattractive power rates and investment models

Last updated 10 months ago

Page cover image