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Cryptocurrency Mining Trends in 2021

3 mins
Updated by Shilpa Lama

We started this year with the news that Tesla had acquired over $1.5 billion worth of bitcoins, thus triggering a real boom in the cryptocurrency market. The price of significant cryptocurrencies grew every hour.

More and more corporations and companies invested in developing new protocols and the implementation of existing ones in the ecosystem of their companies.

Governments also expressed their loyalty to cryptocurrencies: an active process of implementation was launched and the legal settlement of relations in the field of cryptocurrencies. The most developed countries have taken (and continue to take) steps in implementing cryptocurrencies in the national financial system.

And although only the lazy one was not talking about Bitcoin in 2021, cryptocurrencies’ volatility still stops many from buying outright. And this opinion also has the right to life. But what to do if you still want to enter the sphere? The answer is simple if you can’t buy bitcoin – mine it. 

It’s never too late to start mining cryptocurrency. The question is in terms of equipment maintenance and electricity costs – these are the two main cost items. You do not need to agree to any conditions. You need to look for the best options that were before the price rally. It is worth starting to mine cryptocurrency, and for sure, it will also be profitable tomorrow.

One of the mining trends of 2021 remains Cloud Mining. Cloud Mining is the rental of computing power to mine cryptocurrency from online sites that provide their hardware without physically transferring it. This mining method has emerged recently and has gained popularity among crypto investors.

The reason is simple: easy and quick start of mining Bitcoin, Litecoin, Ethereum, Dash, Zcash, and other altcoins. The action algorithm is to find a reliable site for cloud mining, register, replenish the account and buy the required amount of power. Payments and credits of income are carried out every day.

Cloud mining has several advantages over the do-it-yourself hardware purchase and maintenance model. Earning on the “cloud” refers to passive investments since there is no need to participate in the process itself.

The purchase and configuration of equipment, payment for electricity, rental of premises, cooling, noise reduction, and other issues fall on the shoulders of representatives of the cloud mining service. The money earned can be withdrawn every day.

Another undeniable mining trend is the bias towards renewable energy. The combination of high technology and environmental care is a real bingo for companies. Any innovative activity that brings not only income but also benefits the environment (or at least does not harm it) is doomed to success in 2021. Solar Hashes company has done a great job in this vein.

Solar Hashes Technology

One of the main conditions for successful mining is the use of high-quality hardware. Even at the stage of project planning, the team made some critical strategic decisions that determined its vector of development and future success.

One of these solutions was the purchase of panels from renowned global manufacturers with a high photovoltaic conversion level. Although these panels’ price is more expensive than analogs, they provide more power generation per unit area.

The second most crucial solution was using an automatic tilt angle system in two coordinates to increase the illumination of the panels during the day, while the panels constantly “follow” the sun.

It is worth noting that the equipment Solar Hashes work with is constantly being updated. As soon as new items are released, the team replaces outdated models with new ones to maintain income and service quality.

All this helped SolarHashes achieve the maximum hash rate. They are also proud to work with leading companies like Vestas, Siemens Gamesa, LG Energy, Antminer, and many others. 

Packages and Sales

Currently, the company has established itself well in the cloud mining market, which allows it to offer more favorable conditions for the clients. There are two types of investment provided: Bitcoin and Ethereum. The company has developed 12 investment plans for Bitcoin and ten for Ethereum.

The starting price is just $ 10 for Bitcoin and $ 20 for Ethereum. In three months, the investment amount will triple.

Now the site has discounts from 30 to 40 percent. Such a lucrative offer was explicitly designed for new entrants to afford to enter the field during the cryptocurrency boom. You can familiarize yourself with all the conditions and details of the offer on the website.

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