Electrominer is a self-powered Mining Platform where users rent hashing capacity to mine various coins. Electrominer was created to address the challenges of mining PoW based cryptocurrencies. We have our own datacenters equipped with ASIC and GPU miners to mine profitably and effectively, our own solar power station to efficiently power our equipment, and Electrominer platform's mining capacity will be available for anybody to rent and utilize for mining through the web portal.
Electrominer is an eco-friendly game-changing mining project. With its approach, the Proof of Work based cryptocurrencies will expose their potential in a brand new way. Firstly, the mining process will no longer be that exhausting for environment, since clean renewable energy is used. Secondly, we believe, that the success of Bitcoin and other PoW-based assets was achieved by accessibility for anyone who had a willing to support a new movement. Now crypto-mining went way too industrial, which makes it impossible for a new enthusiast to mine any sufficient crypto-assets without building a data center. Electrominer is going to bring good old days back and allow a user to mine vast amount of crypto with a simple laptop or even a smartphone.Thirdly, unlike existing cloud mining companies, Electrominer offers a brand new model of hashrate distribution, it would take hours to describe it here, so you are welcome to view our white paper and visit our website.
Our team members met in Orange County, CA. Now we have an office in Lake Forest, California. Our team consists of full-time and part-time employees working from different locations.
Great question, since our project is oriented to solve/minimize risks of people's engagement in crypto-industry. However, risks always exist.... everywhere. : ) 1. First and foremost, like every other mining business, we directly depend on the crypto-market, so if it goes down, the revenue goes down. However, since the project is going to generate its own electricity power, it will always stay liquid. 2: legal regulations. Right now the government's treatment of crypto assets is not really clear. 3: Security. For an online service, related to cryptocurrency, there is always a high risk of cyber attack. Taking it seriously is a first step to minimize it... 4: Mining business faces not only cyber risks, but also those which come from real world. The containers full of mining equipment present a big value............. 5: Human factor. The value, virtual of physical, have to be secured not only from someone outside, but also from company's employees, that is why, multilevel access is applied.