Frequently Asked Questions
Minersunited is an alternative coin cloud mining and cryptocurrency trading and investment service that is an easy and safe way to purchase packages without having to deal with complex hardware and software setup. We offer cryptocurrency mining investment and trading services to small and large scale investors. The combination of our algorithmic trading framework, mining infrastructure, and proprietary mining farm-management software has made us one of key industry leaders.
Our team of mining experts with extensive knowledge of the digital currency sector specializes in building the most efficient and reliable mining facilities. With our extensive knowledge we also trade at multiple exchangers around the globe to find the most profitable platform to trade.
Besides the fact that we ourselves mine with the very same hardware that we offer to our clients, our capital is limited. We believe that the future value of alternate coin is high therefore mining it is highly profitable, however, we do not want to “put all our eggs in one basket”.
For security reasons, we do not disclose the exact location of our mining farms. As of November 2016, we are operating several mining farms outside West London that are located in developing countries throughout Asia. Electricity cost and availability of cooling are important, but not the only criteria.
We do not publish a list of pools and exchangers we are using. Our main criteria for a good pool and exchanger are: reliability, fee structure and reject rate.
Our internal policy is: “be a good crypto citizen”. This means, that we will at least use two to three different pools (in some cases we use up to four) for each coin. This is to preserve the decentralized nature of the crypto networks! If we become aware that a pool is getting close to 50% share, we will switch away from it and use a backup instead