With the Bitcoin halving approaching, it is imperative that BTC miners have access to mining solutions with competitive power costs. To this end, the French company Feel Mining has just unveiled new Bitcoin mining options in the United Arab Emirates at attractive prices.
Feel Mining presents its new Bitcoin mining solution
Feel Mining, a leading player in the cryptocurrency mining sector in France, unveils a new offering designed for future or current Bitcoin miners.
A company specializing in cryptocurrency mining and DeFi staking solutions, has just completed construction of a building with roughly 1,000 mining machines in the United Arab Emirates. This new complex has a total power of 3 MW and has already found an owner for almost every one of its mining ASICs.
This new infrastructure allows Feel Mining to offer an almost unbeatable rate of €0.029/kWh on their new mining machines, which has already motivated many miners to move to its solution. But Feel Mining isn’t going to stop there and plans to get it off the ground 4 new equivalent infrastructure during 2024.
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For this new offer, Feel Mining offers the purchase and hosting of Antminer S19 machines with a performance of 86 TH/s, the other models are not yet eligible for these new infrastructures.
It means that Feel Mining takes care of the maintenance of your equipment and you fully own it. Additionally, in case you wish to restore your mining ASIC, Feel Mining will return your machine to you subject to certain conditions.
Feel Mining: generate passive income with your cryptocurrencies
Green and economical energy
The Feel Mining facility is located in the heart of the Al Dhafra desertnear Abu Dhabi and near the largest photovoltaic power plant in the world.
With a capacity of more than 2 gigawatts, this solar power plant deploys more than 4 million bifacial photovoltaic solar panels on an area of 21 km2.
Due to the climatic conditions of the region, characterized by high temperatures and constant humidity in summer, the machines are regularly decommissioned and are therefore in operation 10 months out of 12.
This planned period of downtime provides the local team with an opportunity to perform careful ASIC maintenance, thereby contributing to the general good health of the hardware and infrastructure while reaping the rewards that mining offers.
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The rest of the year, despite the location in the middle of the desert, stable temperatures oscillate between 25 and 35°C, which allows for completely normal operation, in accordance with the recommendations of ASIC manufacturer Bitmain.
An overview of approximately 4 million photovoltaic panels near the Feel Mining mining complex
In order for miners to remain competitive, it is essential that they have access to mining solutions that offer the lowest possible energy costs. In this industry, indeed the price of a kilowatt hour directly affects the added value generated by bitcoin miners.
This is why the new solution proposed here by Feel Mining proves to be beneficial. Compared to other geographic locations offered by the company, the price of €0.029/kWh turns out to be by far the best offer.
If you want to buy a mining machine today to benefit from attractive fees in anticipation of the next halving, we invite you to visit Feel Mining’s dedicated site.
Finally know it Feel Mining is a company that benefits from PSAN registration and that it is recognized by the Authority for Prudential Review and Resolution (ACPR) as a Payment Service Provider (PSP) Agent, which are 2 important guarantees that testify to the company’s seriousness and the security with which its customers’ assets are handled.
Registration as a PSAN allows in particular In addition to its mining activity, Feel Mining offers an application dedicated to cryptocurrencies. The firm thus ensures a presence in several verticals and allows its clients to buy and pay with cryptocurrencies, but also to keep them, all with an associated bank account.
To learn more about the cryptocurrency mining services that Feel Mining offers, you can find all the information in their documentation.
Feel Mining: generate passive income with your cryptocurrencies
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Passionate about the world of decentralized finance and the new developments that Web 3.0 brings, I write articles for Cryptoast that help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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