Bringing in 300 million dollars, MonMining will change the global mining layout
The crypto-currency mining industry has increasingly become a solidified alliance of interests now. In the bull market, mining is undoubtedly an attractive business with guaranteed profits and appreciation of coins held. Together with the high handling fees, miners have been able to make money leisurely this year. This, however, has also caused the exclusivity of miner groups and the increasing monopoly in mining. On March 24, at the ordering meeting of BITMAIN, AntMiner signed a priority supply agreement with major mining institutions. Retail orders will not be delivered until the end of this year at the earliest. It’s not just BITMAIN, but the major mining machine factories are basically monopolized jointly by big miner groups, who enjoys the priority of the mining machine supply. Therefore, in this bull market, it is difficult for individuals to get started in mining for the limited supply of mining machines.
Great profits incurs monopoly, and monopoly incurs subversion. When mining monopolist try to monopolize hashpower in a bull market, there will be challengers to subvert their hegemony. Bringing in 300 million dollars into the market, MonMining will change the global mining layout.
1. MonMining is building a global mining complex with US$300 million
Mining is a field of heavy investment, in which your mining volume determines your right to speak. The larger your order is, the more priority you get in mining machine supply. The larger the scale of the mining yard, the lower the comprehensive cost of operation. This is a field of capital and volume. To break the monopoly, the first thing to do is to overwhelm the opponent in volume.
In order to break the monopoly on mining resources of the inherent alliance of interests, MonMining is determined to build its own large-scale mining complex. Beginning from site selection and construction, energy supply, mining machine procurement, maintenance and after-sales services, it is an efficient and powerful approach with the only disadvantage of huge initial investment.
MonMining is a mining platform of Monspace Group. With the strong support from the Monspace Group, MonMining has invested a total of 300 million US dollars as early funds for the construction of global mining yards and the purchase of mining machines. Through high-efficiency means of global distribution, unified management, and synchronous start-up, MonMining is establishing a mining complex of 20+ mining yards and 320 MW of total power within a short time, meeting the demands of 50,000+ mining machines to work simultaneously.
With the completion of the MonMining large-scale mining complex, the global mining monopoly will be broken. It becomes a new strong influence that will reform the current mining industry.
2. MonMining made a stunning debut!
On April 19, the day MonMining was launched globally providing the simplest one-stop mining service, there are 280,000 new users registered and the FIL hashpower was continuously sold out in a short period of time. Such record surprised the entire mining industry.
As a latecomer and innovator in the global mining landscape, MonMining regards products as its core competitiveness and strives to become the best in the industry in terms of price, service, and user experience, making digital mining available to everyone.
More efficient: Every one in this bull market is racing against the clock especially the miners. Every second counts a lot in mining. MonMining will provide massive cloud hashpower packages to the market. Miners will enjoy an instant mining service upon ordering, which saves the precious time of the miners with the fastest response. As the digital currency market is reaching a new high every day, even a small delay in service will cause losses to miners. MonMining will do its best to ensure the service efficiency and the rights of miners.
Cheaper: MonMining lies its core value in: allowing more people to enjoy the dividends of the digital age and achieving a win-win situation with the cloud hashpower miners. MonMining’s cloud hashpower pricing principle is: to ensure that the user’s hashpower purchase cost is lower than the current currency price, to ensure profitability, to reject hashpower premium, and to leave more profits to the miners.
Simpler: MonMining provides one-stop mining services for miners. In addition to cloud hashpower, MonMining can also meet the demands of miners for digital asset management, financial planning, and asset monetization. Our only purpose is to make mining simpler and easier. The one-stop mining solution is very friendly to novice mining users. You don’t have to worry about the monetization of the digital assets obtained from mining, MonMining will help you out.
MonMining is undoubtedly friendly to novice miners and ordinary investors, which provides the simplest and most feasible mining solution in the market. It is the only beginner-friendly cloud hashpower retail platform in the mining industry.
Changing the norm of mining industry, MonMining promotes the upgrading and transformation of global mining, and accelerates the realization of universal mining.