Blockware Solutions - Hosted Bitcoin Mining Tutorial

Blockware Solutions allows you to buy, sell and host your own ASIC mining rig at their US-based mining facilities. Create an account, browse the marketplace for a machine, and get it hashing immediately - paying out to your own Bitcoin wallet. This tutorial walks you through it all.
Check out the Blockware Marketplace!
marketplace.bl...
If you are looking to buy 5 mining rigs or more, reach out to Blockware directly:
marketplace.bl...
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[@TG0810]

Hello Ben, thank you for all your great information.
Can you please share your criteria for choosing Blockware Solutions over many other companies?

[@chadwolf3840]

It’d be helpful if you could let us know the economics, and any relevant terms in the agreeement.

[@JarolCuellarValle]

Great subject. Thank you BTC Sessions!!!

[@maximilian314]

I always appreciate your informative videos but I think this one is lacking important disclaimers about risks related to hosted mining. You paid 4.85 million sats for your rig which has estimated profits of 31,000 sats per month. It would take you 13 years with no difficulty changes and no repairs to your miner to recover your sats invested. You don’t have any custody of your miner and you are hoping this company will stay in business the whole time. This is a very risky proposal. Also you did not explain why you chose this particular company. Do you know the owners? How can you trust them? These are some questions/concerns that your viewing audience should be aware of.

[@twitafftwitaff7029]

This is why doing your own through analysis and due diligence is important.

[@maximilian314]

@@twitafftwitaff7029 💯 agree

[@TimelessSideTrails]

I got mine today 🙏🏼🙏🏼🙏🏼

[@ToxicLucidity]

Can UK residents sign up and purchase their mining rigs?

[@adrianflower3230]

Brilliant explanation thank you. 👍👍

[@DrivenFloored]

Love the way you are partly working your way through with us watching, really helpful. What am I missing? Other than mining because BTC is the way forward... on a return basis, it looks like these figures take about 8 years to recovery the initial investment - if we think in terms of rotten Fiat :) Surely if I just put the $ into BTC, instead of a rig, it's a better bet? Newbie here so feel free to correct me!!

[@cactusjackNV]

In theory with mining, the number of Sats (BTC) you own increases whilst the Fiat value of said Sats rises. (At least you hope the value continues to rise) This means you should be able to recoup the initial Fiat investment in a reasonable amount of time. If you simply buy Bitcoin outright, your amount of sats isn't going to passively increase, only the fiat value.

[@ryanjacobson9339]

I’ve been using Blockware for over a year and very happy with their service. Only problem is the hash rate doubled since I started so less sats than I had projected. They also have a new facility in Ethiopia that has cheaper power but potentially extra risk due to the government

[@falvmart]

If the miner is not in your posession, it is not yours

[@mauropinto6704]

Are u sure it is not a scam?

[@BlockwareSolutions]

🔥🔥🔥

[@lacriptouni]

Great video!

[@quovadis5575]

👍