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The innovative technology, the hardware and the software that the company utilizes on the two rented hydroelectric power stations allows to supply the farm with clean energy and to store the mining equipment right next to the energy source.

This reduces the network costs for the power lines and therefore the electricity bills. The sustainable cooling system allows saving lots of square meters of space for GPU cards storage. The installation of the system is easily-transportable and takes little time. This is a proven way to profit from mining as various industry players, e.

Blockchain — What is bitcoin? Bitcoin What is Bitcoin? How Can I Buy Bitcoin? How Does Bitcoin Mining Work? How Do Bitcoin Transactions Work? How Can I Sell Bitcoin? Blockchain What is Blockchain Technology? What Can a Blockchain Do? What is a Distributed Ledger? Why Use a Blockchain? Ethereum What is Ethereum? The major mining operators as well as a number of small private farms are spread all over succeeding in terms of profitability, e. However the monthly paychecks for electricity of the large-scale farms may often exceed 1M EUR Iceland.

With general mindfulness concerning the green technology, countries like Germany, Austria, Sweden, Denmark, France and many more have all chances to occupy the leading positions in mining.

If they manage to balance between the eco-friendliness of their technologies often neglected in China with lower implementation and maintenance costs. HydroMiner , a crypto currency mining company based in Austria is one of peculiar success cases demonstrating a viable solution to the existing problems associated with crypto-mining. The specialty of these farms is the low carbon impact, running on green energy, possibility to mine all scalable cryptocurrencies and attractive energy costs.

The business model demonstrated by HydroMiner is capable of competing with mining leaders in China and the Northern Europe in terms of eco-friendliness, efficiency, and transparency, as the mining facilities are open for public to visit upon request. The innovative technology, the hardware and the software that the company utilizes on the two rented hydroelectric power stations allows to supply the farm with clean energy and to store the mining equipment right next to the energy source.

This reduces the network costs for the power lines and therefore the electricity bills. The sustainable cooling system allows saving lots of square meters of space for GPU cards storage. The installation of the system is easily-transportable and takes little time. This is a proven way to profit from mining as various industry players, e. Blockchain — What is bitcoin? Bitcoin What is Bitcoin? How Can I Buy Bitcoin?

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