Frequently Asked Questions

Getting a bit lost with all the new information? We’ve got you covered. You’ll find answers to the most common questions asked.       

Just a few questions…

The most common questions and answers

What is cryptocurrency?

In short – a cryptocurrency is a digital currency. In essence, it’s a file instead of a physical coin or note. A transfer of a cryptocurrency is a file transfer. At its core is a technology called THE BLOCKCHAIN – which is a distributed ledger that is shared by all users.

What is mining?

Cryptomining is a decentralised process whereby miners offer computational power solve complex mathematical problems which add records of transactions to a cryptocurrency’s public ledger of past transactions in return for a reward.

What can I mine?

With a GPU miner you can mine the majority of cryptocurrencies. The best thing is that you can switch your miner to mine a cryptocurrency you believe will increase in value over the longer term, or you can mine the most profitable coin of the day.

Where can I store the rigs?

We don’t comment on specific user setups, however, as general guidance you need to store the rigs in a naturally cool, dry and clean location. Humidity and dust will impact the machines performance and could damage the hardware.

What is my ROI?

The actual ROI depends on many factors and on how you manage your mined crypto – such as when you sell it, are you trading your crypto, mining difficulty etc. As a rough guide, you should start by using an online calculator to see current profitability and adjusting for target prices. You can look here for more info on ROI.

What if I need extra support?

Setup support to get you up and running is part of the package. If you’re looking for support down the line to change the cryptocurrency you are mining or if you’re changing overclock settings and need a hand – get in contact with us and we’ll be able to help you out.

Can you host the rigs?

We don’t offer hosting ourselves but we believe that The GPU Miner are best placed to host miners. They are a datacentre with a sole focus on cryptocurrency equipment and meeting the unique requirements of mining rigs.

How do I buy a rig?

The order process is simple:

1) Add the rig to cart and go through the check out process.

2) Make payment – either direct bank transfer or in cryptocurrency.

3) Drop us an email confirming, along with your wallet address.

4) We’ll get back to you with estimated delivery/collection date.

NOTE:  By placing an order you agree to our terms and conditions which can be viewed here.

Should I build a rig myself?

Building a rig is difficult, time-consuming and complex. Trying to get the components without being limited to 1 GPU is hard enough. You also need to ensure compatibility with the components. We’d only suggest building your own if you’re extremely technical.

Mining Calculator

Take a look at our mining calculator to estimate how much you could be earning whilst you sleep. A simple and clear calculation.

Low Cost Rig Hosting

We can provide you with low-cost rig hosting for your GPU miners and ASICS. Discover more here.

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