Why mine cryptocurrencies instead of trading ?

As you probably already know, the price of cryptocurrencies is extremely volatile. That's what many traders rely on. The basic idea is also very simple: you try to buy at the bottom, to try to sell at the top. Just like in the stock market.

If it is true that you can carry out very beautiful operations by this way, also know that a factor is paramount to take into account: the emotions.

Did I buy at the right time?
Did I "win" 5%, 10%, 20%?
Should I sell now or wait a little longer? Or buy again?
I'm losing a lot of money, what should I do?
With the buying and selling costs, at what point am I profitable?
Should I diversify my portfolio or bet everything on bitcoin?
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So many questions you'll have to ask yourself - non-stop - if you decide to start trading cryptos...

To avoid trading, another solution: cryptocurrency mining

Machines are much easier to manage! No questions to ask, no pending interrogations, no risk of losing a substantial capital in just a few hours, no strikes... Just a computer that calculates, calculates and calculates again 7 days a week and 24 hours a day, so that you can pocket your profits serenely.

Simple, but above all effective. In fact, since it is an investment in machines, they retain a residual value: in the worst case scenario, you never lose your entire initial investment.

Second point: The interest of community mining.

After reading these few lines, you may have decided to make your computer available to validate some transactions? Better yet, you have decided to buy your own machine. These are indeed possible options, but...
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• A classic computer only mines "a few" crypto dust, which is the equivalent of barely ten euros... in a year! Not to mention the cost of electricity, which turns profits directly into the red.
  
• Dedicated equipment makes noise. A lot of noise (on the same level as a kitchen blender).
  
• It also needs to be cooled permanently, so you need to install air conditioning (or live at the North Pole, with the windows open).
  
• Finally, it consumes at least 2000 watts. In France, this is equivalent to more than €150 of electricity. Monthly.
  
• Oh, and we didn't tell you about the cost of the machine in question, did we?
  

As you can see, mining alone is possible in absolute terms, but it requires a lot of resources (technical, financial) to make it viable and above all profitable. Of course, there are also the costs of maintenance and renewal of the equipment.

To overcome all these inconveniences, we have launched a community mining service. Here is a small table summarizing the advantages and disadvantages of mining, depending on whether you do it traditionally or in community:

Traditional Mining

An investment based on luck

Your simple investment in bitcoin or when buying machines is much less reliable.If you are lucky enough to get there at the right time, you will get cheap machines. If not... you may end up paying a fortune for them.Can you really afford to bet your investment on luck?!

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Equipment quickly becomes obsolete

What do you do when your equipment is too old (i.e. after only a few months)? Or when a new machine comes out? To continue to be profitable, you have to invest again. Except that this investment often represents more than your profits generated!


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You pay all maintenance costs

Beyond the prohibitive cost of electricity in Europe, when your machine is no longer under warranty and in case of breakdown, you will have to pay for the repairs alone. And even if it is still under warranty, it will be down for the duration of the repair... You can ruin all your profits because of a simple hardware failure! And guess who will pay for the return to the manufacturer?

Community Mining

A well-considered investment

The price of the machines is negotiated at the wholesale price and smoothed out over the year. We buy machines every month. Our suppliers know this and give us discounts that we could never get on our own. And when the price drops, we can buy more machines. Since they are shared, you are the first to benefit from these unbeatable prices on the market!

Your equipment is constantly renewed

Every month, new machines arrive in the park and enrich it with the latest equipment. As a member of our community, you automatically benefit from this. This means that you mine with the latest equipment, without having to reinvest every time.

Maintenance costs are shared

Also, when a machine breaks down, it goes almost unnoticed because the other machines are there to take over! You don't have to worry about maintenance costs or repair times that could reduce your profits. That's the advantage of mining in a community: you are not alone to assume all these costs.
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