RedCrypto is a fully integrated cloud mining platform that seeks to simplify cloud mining and provide cryptocurrency miners with an efficient way of mining that is not restricted by borders and one which doesn’t accrue any additional costs.
RedCrypto, in collaboration with key industry partners, builds mining facilities and software solutions that aim optimizing the mining and distribution process of cryptocurrencies to enable the platform in mining operations to be profitable and successful for the users.
The platform’s main mining equipment in the data centers is the Antminers Bitmain S9, which is currently the most sophisticated mining hardware in the market. The data centers are located in the Commonwealth of Independent States due to the favorable infrastructure, as the cost of electricity, employee expenses, and rent are much lower compared to other countries.
The cloud-mining platform has two payment contracts that users can select from in order to begin mining: the 5-Year contract and the indefinite contract. Both of the contracts generate daily payouts and are valid for as long as the mining is profitable.
The bitcoin rewards are calculated depending on the difficulty of the bitcoin mining network. Therefore, RedCrypto does not guarantee specific amounts of earning. The platform begins calculating the mining rewards once RedCrypto receives a confirmation of payment for a contract.
Each contract plan attracts a maintenance fee that includes some of the expenses that the platform will incur during the mining operation such as electricity fee, mining farm maintenance fee, miner repairs, personnel costs, miner deployment, and accident mitigation costs. However, the fees are much lower compared to buying a mining farm.
Once payment is confirmed, users can immediately begin mining and generate mining rewards. Payouts are made daily in Bitcoin, which they can withdraw to their preferred crypto wallet in 24 hours.
RedCrypto’s mining facilities use the most technologically advanced equipment, powered by the platform’s software solutions together with low-cost electricity from Siberia. This is to ensure that the mining operation is both profitable and cost efficient for both the platform and the users.
Apart from the Price of the contract and the maintenance fees, no other fees exist on the platform that users are required to pay. The users only pay the stated prices for their contract for the entire period that the contract is valid.
The platform’s design is intuitive, minimalistic, and stable to ensure that users interact with the platform in an effective manner from the registration process all the way, to when they start mining. The simplified interface will also allow users to track their statistics in an easier way.
RedCrypto is made up of a team of investors and engineers with experience in building successful e-commerce industries, which guarantee users of the future growth of the platform and subsequently an increase in their investments.
The platform ensures the security of the user’s funds through the two-factor authentication that prevents funds from being stolen by hackers or attackers.
Source: https://bitcoinexchangeguide.com/redcrypto/
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