In the blockchain industry, there are divisions of “coin circle”, “chain circle” and “mining circle”, and mining industry is at the top of the food chain of the whole industry because of its huge assets, high threshold and high returns. The distributed and decentralized network formed by a large number of mining machines plays a pivotal role in ensuring the safety of digital assets, the operation of trust and decentralized properties.
However, it is undeniable that the mining circle has a promising prospect, but also a high threshold, and these high standards and high restrictions have turned away inclined investors in mining industry.
What are the specifics?
First, the hashrate gradually migrated to North America, the overall development pattern of the mining circle is reshaping. Currently, hashrate has constituted a complete industry chain in which China had played an important role. However, according to authoritative data, in 2021, China’s global share of hashrate dropped below 70 for the first time. On the contrary, North America has seen an increase in hashrate. This indicates that the current pattern of hashrate has changed. For domestic investors, such a shift in hashrate has undoubtedly made it more difficult to invest.
Second, the mining industry is now attracting a lot of capital. With the favorable policies, the whole mining industry is also moving towards compliance. In this case, more and more capital parties have been quickly entered the mining industry, trying to get a share of the pie early. It is reported that about 17 listed companies have purchased bitcoin mining machines, and the disclosed mining machine hashrate is close to 21E, which is more than 16% of the bitcoin full network hashrate in the same period.
The migration of hashrate, plus the entry of capital, all of this invariably increases the difficulty for retail investors to enter the mining circle. At this point, the cloud mining service launched by X METAVERSE PRO has found a way out for everyone.
The so-called cloud mining is the sharing of cloud hashrate. Investors do not need to buy expensive mining machines, do not need to consider the cost of electricity, mining sites, location, temperature, noise, maintenance management and a series of costs and matters. You choose the appropriate period and hashrate on the platform, then you can mine.
The cloud mining service designed by X METAVERSE PRO is based on this. X METAVERSE PRO has its own mining base with self-developed immersion cooling infrastructure, and its own mining base provides strong infrastructure support for the smooth operation of the X METAVERSE PRO cloud mining service platform.
It is worth mentioning that in terms of mining coins, X METAVERSE PRO also has its own goals. The platform mainly mines mainstream currencies represented by Bitcoin, and most of the mined Bitcoins are retained by the project as the underlying cornerstone assets of the project.
X METAVERSE PRO is so strong that it has not only spent a huge amount of money to build its own mining base, but also hosts more than 1,000 high-performance computers in the building and has a professional team of 18 technicians to monitor the real-time dynamics of the mining site 24 hours a day, thus ensuring a smooth mining process.
The mining industry is typically with huge investment and huge capital. The threshold is too high for ordinary investors. However, the cloud mining service platform exclusively built by X METAVERSE PRO can break this barrier.
As the saying goes, it is always good to have a strong backer. As we all know, the status of Bitcoin in cryptocurrency is comparable to that of gold in traditional finance. The X METAVERSE PRO project holds a large amount of bitcoins as an important guarantee for the smooth operation of the project, which shows its strong financial strength. It is believed that under the escort of X METAVERSE PRO, more and more investors will participate in the mining industry and reap their own rights and dividends.