Transparent Blockchain Mining Contracts
What differentiates GX Blocks Energy from other Bitcoin Mining Contract providers is that it also addresses mining’s biggest problem, the lack of eco-friendly cryptominiGX Blocks prioritizes energy efficiency and sustainability, by managing power costs with long term PPAs from Clean Energy Plants. Bitcoin mining is essential in securing the bitcoin network utilizing the distributed ledger and solving mathematical problems to validate transactions between blockchain network participants. In addition, with the growth strategy, production and cooling costs are decreased to make GX Contracts even more profitable.
GX Blocks Contracts are based on the Bitcoin Mining Computing Power of the Network Algorithm. Contract holders will receive 100% of the mining earnings from GX Hashing Computing Power, owned and operated by GX Blocks. 100% of the earnings will be paid at monthly intervals to the private wallet of users.
Hydro-power prices are in decrease, with the price of electricity produced by Hydro power plants reaching $ 0.055 / kWh in our first mining case and expected to drop to $ 0.033 / kWh in the near future.
This energy price ($0.055/ kWh) is already final for the use by the mining hardware, as the hardware will be located directly in the hydro power plant area, thus avoiding paying fees to use the energy transmission grid. Future predicted development of the electricity market is very advantageous for GX Blocks’ business model and will thus contribute to the expected high return on GX Bitcoin Mining Contracts.
By having 0% maintenance fees using clean energy for GX Contracts, contract holders will be receiving 100% of the total revenue on a monthly basis independent of the market signals and market price movements until the contract expires.
A conservative estimation of the mining outputs based on the purchase of GX Blocks Contracts is above 35% of the competitors' average per year, which is possible due to clean energy sourcing as well as our premium prices with a reasonable risk, based on our mining energy-efficiency advantage.
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