Frequently asked
Welcome to Pantheon Mining's Frequently Asked Questions (FAQ) section. Here, we provide answers to common questions about Bitcoin mining, Pantheon's Mining as a Service (MaaS), and the benefits of Bitcoin mining with us.
What is Bitcoin Mining, and How Does It Work?
Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain ledger. Miners use powerful computers to solve complex mathematical puzzles, and in return, they are rewarded with bitcoins. This process secures the Bitcoin network and ensures its decentralised operation.
How Does Pantheon's Mining as a Service (MaaS) Work?
Pantheon's Mining as a Service (MaaS) lets you purchase miners in our fully managed data centres without the hassle of managing hardware, energy contracts, or maintenance. We provide state-of-the-art mining equipment, secure hosting, and expert management to optimise your mining operation.
What Averages Can I Expect in Terms of ROI?
ROI in Bitcoin mining varies based on factors like network difficulty and hashrate. On average, our clients have seen positive returns within 12-18 months. Our experts can help you estimate potential ROI based on your investment.
How Do Network Difficulty and Hashrate Affect ROI?
Network difficulty measures how hard it is to mine new blocks. A higher difficulty can make mining more challenging. Hashrate represents the total computing power in the network. A higher hashrate can increase your chances of mining bitcoins. We constantly optimize your setup to adapt to these factors.
What Is the Secondary Value of Miners That Are Not End of Life?
Our mining equipment retains significant resale value, even after its primary mining life. You can either resell the hardware mine other SHA-256 coins (ex: Bitcoin Cash).
Do You Offer Cheap Energy Contracts?
Yes, we negotiate cost-effective energy contracts to maximize your profitability. We have access to sustainable, low-cost energy sources, allowing us to offer competitive rates.
How Do You Ensure Sustainable "Always On" Energy?
We strategically choose locations with access to renewable or inexpensive energy sources. Hydropower is one of the best choices regarding sustainable energy. This ensures a sustainable "always on" operation while reducing the environmental impact.
Why Should I Consider Bitcoin Mining with Pantheon?
Pantheon Mining provides hassle-free, expert-managed mining services with competitive ROI. We handle all the technical aspects, so you can focus on reaping the rewards. With years of track record we are a household name in the mining industry.
How Can I Get Started with Bitcoin Mining through Pantheon?
Contact our team and we guide you by asking the right questions. From there we can customize the perfect investment strategy for you and guide you along the way. We are here to help.
Is Bitcoin Mining Legal and Secure?
Yes, Bitcoin mining is legal in most countries, and the network is highly secure. Pantheon Mining operates in compliance with all applicable laws and regulations, ensuring a safe and legitimate mining experience.
Can I Monitor My Mining Operation's Progress?
Absolutely. We provide you with access to real-time monitoring tools, allowing you to track the performance of your mining equipment and your earnings.
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