$MINE by MinePro Presale is a tokenized product built to facilitate public investment of any capital size into industrial Bitcoin mining in a simple, liquid, and secure way.
Through our partnership with Canadian private enterprise energy provider, Logic Mining (https://logicsupplier.com), we are breaking down long-lasting barriers holding many investors back from desiring exposure to Bitcoin mining and are the first solution globally that turns exposure to industrial Bitcoin mining into a viable, seamless, investment vehicle for everyone.
Logic Mining has acquired power at an incredible $0.02/KWH, this is in contrast to the USA average power cost of 15.45 cents per kWh, and the global average of 14 cents per kWh (sourced from the global energy institute.)
This incredibly low power rate allows Logic Mining to achieve a mining profit rate of 5-15% per month non compounded.
MinePro as a project exists to provide public investment access through tokenization to Logic Mining's private energy and facility, which would typically only be available for huge companies or large enterprise clients.
Blockdag,
Power cost
Anyone who understands Bitcoin mining, knows that there is one variable which almost solely determines the profitability rate of a Bitcoin mining operation. Power cost. In 2024, most retail mining operations are barely breaking even. When it comes to these retail operations, most, if not all, Bitcoin mining profit is eaten up by the power costs of running the mining machines (ASICS.)
Based on current rates, if you operate one Bitmain Antminer S21 200TH machine, this machine produces 0.00466211 BTC per month (equal to $283.27 USD as of 6th of August, 2024). Kaspa Presale
This Bitcoin yielded by the machine per month is yours. In your wallet, to spend.
Now, where does this yield normally go for retail miners?
POWER COST.
Power is the most important overhead line item for mining Bitcoin, apart from purchasing the ASIC (mining machine.) For retail miners, power cost almost completely cancels out Bitcoin rewards, or puts them at a loss. detailed below:
One Bitmain Antminer S21 200TH machine operating with a power cost of 15.45 cents per KWH (US average) produces a loss of -$105.77 per month. (Confirmed by https://www.nicehash.com/)