We get a lot of questions about the advantages of mining with us.

“Mining with Company XYZ is cheaper. Why should I mine with Simple Mining?”

We are a premium white glove hosting service helping you maximize the profitability of Bitcoin mining.

You can certainly find the cheapest equipment but it doesn’t mean you will have an ideal hosting agreement.

Is your goal to find the cheapest cost?

Or is your goal to find the best service and mining partner?

There are 3 main components you should consider when choosing a mining partner:

• Hardware: What is the hash power, efficiency, cooling method, etc?
• Uptime: What is the uptime you expect for your machine?
• Cost: What is the cost of electricity, maintenance, pool fees, etc?

These 3 components can determine the profitability of Bitcoin mining.

Here are some good questions to ask yourself as a miner:

Are you running a new generation machine or an old S19 Pro? A new generation machine is going to have better margins and more revenue.

What is your average uptime? If your machine is only online 20% of the time, you will not have as much revenue.

What is the cost of electricity? The less you pay for electricity, the more profit.

What is the cost of maintenance? Miners are like cars. They require maintenance and upkeep to run smoothly. You might need to repair the hashboard, replace the fan, etc. You need consistent maintenance to have a high uptime.

What is the pool structure? How does your mining pool distribute payouts? What is the pool fee?

The answers to these questions will determine how much Bitcoin you stack.

👆 This is the main point of this newsletter.

Here is how Simple Mining answers some of these questions:

🤝Miner Marketplace

You can either purchase a machine directly from us or buy and sell machines on the Miner Marketplace.

This allows you to have hardware liquidity, in case you want to upgrade or realize gains.

A machine in the marketplace usually sells at a premium compared to wholesale prices.

Particularly machines running with reliable hosts.

We have over 500 clients and some of the biggest companies in the world mine with Simple Mining.

Our hosting reputation carries a premium in the Miner Marketplace.

🟢95% Average Uptime

The Bitcoin network is active 24/7/365

Having our sites staffed around the clock allows 98% of onsite issues to be resolved within 48 hours.

🎯Transparent Costs

We keep the billing simple.

You’re not being billed even when your miner is offline for a few minutes.

We only bill you for your EXACT UPTIME.

We also bill you based on the nameplate power consumption.

All units consume about 200W more than we actually bill for.

This means your hosting bill is about 5% cheaper than advertised.

We have never raised our rates in company history.

If we ever did raise our rates, all clients could terminate hosting with no penalty.

And we don’t lock clients in long-term contracts. Ours is a 12-month contract with the option to renew.

⏸️Pause Period

Why would you want to pause when the goal is high uptime?

Pause period allows clients to pause mining if it is not profitable at no cost.

This reduces the risk of mining in a down market and allows you to have customized control over your profitability.

You can save money doing this.

🧰Easy Maintenance

We are the only company that covers all repairs 4 FREE for the first 12 months.

We offer a Protection Plan after 12 months (starting at $6/mo).

Miner repair costs can amount to hundreds or thousands of dollars over the lifespan of a machine.

With our repair program, you only pay a fraction of the cost.

We are one of the only companies with an in-house repair team. This expedites the repair process for our clients and allows us to maintain such a high uptime.

With many other companies, you may be offline for 4-12 weeks waiting for external repair centers to repair your units.

Each day your machine is offline is a day it isn’t hashing.

You end up paying the opportunity cost AND the repair cost.

Simple Mining helps you minimize these costs with consistent maintenance.

🌊Pool Flexibility

Clients who mine to our partner mining pools receive discounted pool fees as low as 0.5%. The average pool fee with most pools is 2-3%.

If you prioritize long-term operational reliability and peace of mind, Simple Mining's premium service is the best choice.

Feel free to book a call to discuss how we can support your mining goals.

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Simple Mining exists o make Bitcoin mining simple and accessible for everyone.