Solution: Logic Mining through MinePro
Last updated
Last updated
MinePro is here to bring an enterprise level Bitcoin mining solution to the ICP community. Detailed below:
One Bitmain Antminer S21 machine operating with a power cost of 2 cents per kWh produces a profit of 232.89 USD per month. equal to an 8-15% ROI on machine cost (Confirmed by https://www.nicehash.com/)
This 2 cent power cost is what MinePro has access to under a 5 year contract with Logic Mining.
As you can see, Bitcoin mining quickly becomes an extremely lucrative venture if an individual, or company, is able to find a way to reduce their power cost through private power. That is exactly what Logic Mining, along with many large corporations have done. The cryptocurrency mining industry holds a market cap of $8.11 billion across top publicly traded companies as of early 2024. More and more large companies are pouring capital and resources into mining cryptocurrency, predominantly Bitcoin, and reporting record-breaking profit margins in doing so. While retail mining operations and hosting services are operating at a loss or barely profitable.
Logic Mining uses industrial large scale gas generators to produce usable energy at this incredible price of 0.02 cents per kWh. As demonstrated previously, this cost is 95.45% lower than the average power rate in the US and creates a significant increase in the profitability of mining.
Logic Mining assists the government in reducing flare emissions (see video below) which helps the environment and potentially saves tax payers millions per year. As a subsidy they grant Logic Mining this low power price. On site they use large scale containers loaded with generators that house hundreds of miners (see video below).
Through this extremely low power cost, Logic Mining has been able to produce an unheard of monthly profit rate of 5-15% non compounded in pure Bitcoin during most mining conditions in the past 12 months.
In the mining space, this type of private energy is considered the ultimate find. The white whale. Usually guarded behind closed doors and strictly reserved for large companies and enterprise clients, in order for an individual or company to host with Logic mining, it would require over $200,000 of up front investment, as well as various legal processes and on-site meetings. Access to this type of facility is almost never available for the average retail client, until now...
Through a secure, seamless, and liquid tokenized system, we facilitate investments of any size directly into Logic Mining’s operation. Giving retail investors unheard of Bitcoin mining profitability that is frankly impossible anywhere else.
Simply stake $MINE, and earn monthly ckBTC mining profit dividends from our investment into Logic Mining at a profit rate of 5-15%.
What makes this partnership so incredible is that for the first time, a mining solution is available for retail investors which would normally only be available for huge companies or large enterprise clients. The power cost is protected under contract for 5 years and available for renewal after.
