A comment on the current price developments on the crypto market regarding miners

A comment on the current price developments on the crypto market regarding miners

The current price drops on the crypto market are not surprising, as Bitcoin and other cryptos are very volatile investment products.

For miners, the current situation is also burdensome, because the price drops now also reduce the rewards. This causes many miners – especially in countries with high electricity costs – to stop mining – at least temporarily. Due to this loss of computing power, the difficulty should drop again in the near future, which would make mining more attractive again.

Customers of Miner Oasis are less affected by these fluctuations due to the lower electricity costs for mining.

If you currently have mining hardware in countries with particularly high electricity costs, you should consider switching to hosting with Miner Oasis.

With electricity prices as low as $0.09 per kWh – starting with the first miner – our services are available to all miners, large and small.

Since we just expanded our capacity, we should have plenty of capacity available for new customers for at least the next few weeks.

Write us now via our contact form or by email to [email protected]

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