BITCOIN MINING
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FAQs
WHY SHOULD I CHOOSE BIT 49?
1. We’re sick of the inconsistency and dishonest communication within Bitcoin mining.
That’s why you’ll receive the truth when you host with us.
So you’ll always know what’s going on with your miners every step of the way.
2. We believe in the future of renewable energy to reduce the global fossil fuel usage of mining Bitcoin.
That’s why we’re pushing for renewable energy innovation.
We want to be part of the solution, not part of the problem.
HOW DOES BIT 49 MAKE MONEY?
Our strategy is simple.
We care for and manage your machines through our world-class hosting service.
In exchange, you pay an all-in service fee with access to low energy costs.
Our all-in service fee covers your energy and additional costs associated with operating and maintaining your machines to a high standard.
HOW DOES BITCOIN MINER HOSTING WORK?
You deliver your miners to our site. Then, we bring them online and start mining.
Your Bitcoin rewards are paid to your wallet.
You pay us the monthly fee
It’s as easy as that.
HOW MUCH DOES HOSTING COST?
You will only pay an all-in price of 7.25 Cents per kWh.
An S19j pro equates to around $160 per month.
DO YOU SELL BITCOIN MINING RIGS?
No, we only host your miners.
This ensures we only concentrate on providing you with the best hosting service possible rather than trying to sell you machines.
We can help you in choosing what models to buy at a good price.
ARE THERE ANY OTHER FEES?
There are no other fees.
All you pay is 7.25 Cents per kWh in a monthly total.
CAN I CHANGE MINING POOLS OR EDIT WHICH WALLET I WANT TO USE?
Yes, of course.
You can use our easy-to-use dashboard to check your miner’s performance and edit your mining pool or wallet information.
HOW LONG IS THE CONTRACT?
Our agreements’ term lengths typically range from 12-36 months.
WHAT HAPPENS WHEN MY CONTRACT IS UP?
You can renew your contract or have your machines returned to you at your cost.
In the months leading up to the completion of your term length, a Bit 49 Customer Success Manager will reach out, begin discussing your options and help find the best solution for you.
WHAT HAPPENS IF MY MINER BREAKS?
We can perform simple repairs on-site and work to get your machine back up and running ASAP.
For more severe machine-level issues, we’ll send your machines to our world-class repair center to diagnose the failure(s) and repair your machines.
Our certified and experienced repair technicians offer a quick turnaround to maximize your mining uptime.
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