Industry-lowest electricity price
FlyMining provides Bitcoin mining contracts with one of the industry-lowest maintenance fees of just $0.12 per TH/s per day (same as $0.05/kWh including maintenance)! FlyMining contracts are profitable even with the historically lowest Bitcoin mining profitability, what to say when Bitcoin is on its highs.
Features of FlyMining
5-year cloud mining contract
This contract is for a pretty long period of time, and it is impossible to say what will happen to Bitcoin in this huge (in Bitcoin's lifetime terms) period of time. Will one Bitcoin cost $100k or $1 million? Nobody can say for sure, but everybody expects huge changes in how Bitcoin is perceived in the world. And those who control it (who mine it) will take significant part in its life.
Monthly cloud mining contract
A 5-year contract which can be paid in 35 monthly payments of $10. Are you afraid to invest large sums in mining all at once? Then the monthly contract is for you! A monthly contract allows you to start mining with a small initial payment, but with large hashrate of 1TH/s for just $10 per month!
Finally there is a mining contract that does not imply risk of losing your money!
A "Hold USD" contract is a contract in which you put your USD funds on hold and we do mining for you. Hashrate in this model costs 590.000 per TH/s. You can withdraw your funds from hold at any moment (withdrawal can take up to a week). Please note that withdrawal is done in BTC at the exchange rate at the exact moment of withdrawal transaction! Maintenance fee is deducted every day from your mining income. Withdrawal fee both for funds on hold and BTC balance is 0.00005 BTC. All the mined bitcoins accumulate on your BTC balance (separate from your funds on hold). You can manually withdraw your bitcoins and add them to your funds on hold.
A "BTC Hodl" contract is a contract in which you put your BTC funds on hold and we do mining for you. Hashrate in this model costs 0.165 per TH/s. You can withdraw your funds from hold at any moment (withdrawal can take up to a week). Maintenance fee is deducted every day from your mining income. Withdrawal fee both for funds on hold and BTC balance is 0.00005 BTC. All the mined bitcoins accumulate on your BTC balance (separate from your funds on hold). You can manually withdraw your bitcoins and add them to your funds on hold.
The only difference between USD and BTC contracts is in which currency you have your funds on hold.
Can I buy my own equipment and mine at home?
Though possible, hardly anyone would want to mine bitcoin at home. Mining equipment is not only expensive but also not suitable for home or garage. It is loud and high-power consuming. It works in maximum performance mode 24x7 and needs moving parts to be replaced often. Its portability, price, and loudness allow people to easily find it and steal it.
Mining at home might look like a passive income, but actually requires a lot of time and becomes a business on its own
Is it profitable to mine bitcoin? If Yes, then why do you sell your hashrate?
We are similarly engaged in mining. And we also want to raise profits. This can be done by engaging more people and building better infrastructure.
The more we grow, the cheaper is electricity and equipment for us and our clients!
What will my mining profit be?
In the calculator, you can set your investment, estimated price of bitcoin when you want to sell it (remember that bitcoin price can go up or down!), and see how much you will get after maintenance fees. All the calculations are based on our real average data of the previous 7 days.
Is there a chance I lose money from the bank?
No chance of losing money from the bank. If mining becomes unprofitable, mining stops until it becomes profitable.
Here you can find our full FAQ section with all the answers for questions that we get the most. If there is no answer to your question, please contact us by e-mail [email protected] or online chat and we will answer your question!
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