OXBTC (www.oxbtc.com) – the China-based cloud mining platform lately announced its business shift from pure cloud hashrates selling to cloudhash hosting services – which provide more lucrative mining options for investors with much lower prices and maintenance fees. It has also released two cloudhash hosting contracts for Bitcoin and Ether mining (first in the world).
Disclaimer: This is a press release. Bitcoinist is not responsible for this firm’s products and/or services.
Mr. GUO, Weicheng, CEO of OXBTC explains the reason for this strategy adjustment is to “maximize the ROI for all investors and build up a long-term partnership between OXBTC and its over 100,000 users”. He also said that OXBTC is looking at the future of the entire industry, and he believes investors’ interests are the major driving forces for a healthy development of the Bitcoin ecosystem. That’s why OXBTC decided to change its role into a hosting service provider so that investors can enjoy more ROI.
Interestingly, different from the traditional pattern of hosting service – you buy a mining rig and the service provider runs the machine for you – OXBTC’s cloudhash hosting contract allows a minimum hosting unit of only 1 GHS for Bitcoin mining and 0.01 MHS for Ether mining. This provides a rather low threshold for beginners if you don’t feel like a big investment to start with.
Besides convenience, you can also enjoy 100% transparency for the hosting as OXBTC will make public the mining pool information for the hosted contract so that you can check the actual mining income daily. OXBTC only charges a small portion (10% of your mining income) for the maintenance. And they are mining under a very low electricity cost as their farms are located mainly in remote areas in China. This will guarantee more ROI for mining investors.
What is Cloudhash Hosting?
OXBTC is a professional cloudhash hosting services provider which is now running nearly 7 Petahash of Bitcoin hashrates and 80 Gigahash of Ether hashrates deployed in 3 of world’s laregest mining farms in China. Founded by several well-established investors in China, OXBTC boasts an experienced R&D team.
Facebook: OXBTC (http://www.facebook.com/oxbitcoin/)
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