Water is Power
Bitcoin mining alone consumes as much energy as a country like Croatia. We believe it’s crucial that as much of the consumed energy comes from ecologically friendly resources. Our goal is to have the industry’s lowest carbon footprint.
Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows us to manage resources sustainably and enables low-emission production. What’s more, the technology is simple, controllable and has an excellent track record.
Using hydro power stations in the Alps region, we reach one of the lowest prices per kilo Watt in Europe. In fact, our cost of electricity is currently 85% lower than the average in Europe.
In addition, we realize further cost savings by using the water for cooling our mining equipment.
Not only is hydro power mining ecologically friendly, but it is also profitable.
Mining the Virtual Economy
Mining is the process by which new crypto coins are created and their transactions verified. While years ago it was profitable to mine crypto currencies with your home computer, today crypto currency mining is a thriving industry at large scale.
With our proprietary water-cooling powered solutions, we are able to maintain lower temperature at very high density, which is crucial for the highest possible mining power in the small space available in hydro power stations.
The answer to this question would be simply said the most profitable cryptocurrency. But what does this exactly mean? Well, maybe you already know this tool called https://whattomine.com/ – it shows you which crypto to mine for the maximum earnings, depending on the setup you are running.
But why does this value keep on changing? The price and difficulty rates are fluctuating the whole time. The higher the difficulty rate is, the more hashing power one needs to keep on mining the same amount of crypto. You can imagine that we need to adapt as fast as possible, because price movements of 20% in one day are nothing uncommon.
Keep in mind, that the achieved MH/s depend on the hashing algorithm used by the specific blockchain. So, switching from one coin to another may result in a different MH/s for the same setup.
And what about the configurations we talked about, well those are also configured based on the hashing algorithm.