Mining New opportunities in crisis.

Physically, the mining process is the installation of special computer equipment(crypto farm), which works around the clock, generating cryptocurrencies. Crypto farms consume a lot of electricity and produce heat that needs to be removed and can be used for heating.

At current rates of cryptocurrencies, mining can bring profitability of the order of 30 - 50% per year (with the cost of electricity 3 rubles / kW)

Mining may be interesting for industrialenterprises in a crisis when it is necessary to reduce production volumes. The released electric capacities can be used for cryptocurrency mining, while using the existing infrastructure: premises, ventilation, security, etc. Since the legal status of cryptocurrencies in Russia is not defined, the income from mining is not subject to accounting, and the cost of equipment, maintenance and electricity will reduce the tax base of the main production, including VAT. Thus, the profitability from mining can be much higher than the calculated values.

Mining is more stable than direct mining.investing (buying) cryptocurrencies. When the cryptocurrency exchange rate grows, the profitability of mining also grows proportionally; when the cryptocurrency exchange rate stands still (fluctuates in a limited range), investments do not bring any profit, and mining gives a stable return; when the cryptocurrency rate falls, investments lead to direct losses, and mining profitability simply decreases and production can be stopped at any time when zero profitability is reached.

According to our forecasts, in the long termIn the future, cryptocurrencies will grow strongly, renewing historical highs. See the global Bitcoin forecast. This will probably be associated with the beginning of a massive emission of money by all countries of the world and the desire of investors to escape from inflation, because cryptocurrencies have a limited volume of issue, embedded in the program code (blockchain)

Like any technological process, miningrequires constant monitoring and maintenance. It is necessary to monitor the operation of the equipment, as well as optimize the mining process, switching mining from one cryptocurrency to another and join the necessary mining pools.