How G2Miner Emerging As One Of The Most Prominent Crypto Mining Hardware Providers

In 2009, Satoshi Nakamoto, a pseudonym, founded a digital currency with the name of Bitcoin in an attempt to change the financial world. The vision behind creating cryptocurrencies was to develop an alternative payment system that utilizes the internet and is not governed by any traditional financial institution or any corporation. 

Cut to 2022, and there are over 6000 cryptocurrencies, with Bitcoin at the top, followed by Ether. The tremendous evolution of cryptocurrencies in a decade has led to widespread popularity among investors. The biggest lure of cryptocurrencies is decentralization. Decentralization divides the different roles of cryptocurrency operation among the users, giving them complete freedom and control over their assets. 

Among these different roles, cryptocurrency miners are one of the most important as they are the ones who create new blocks where cryptocurrency transactions are recorded. For creating these blocks, the miners are then rewarded with cryptocurrency. By mining cryptocurrency, a person can earn cryptocurrency without having to put down money for it. 

To mine Bitcoin or other cryptocurrencies, the miner requires crypto mining hardware , that is a mining rig and a mining pool, among other things. Platforms such as G2Miner are one of the pioneer mining hardware providers that help in the procurement of mining machines. 

What hardware do Miners require?

Cryptocurrency mining is a complicated process that requires extensive knowledge and mining hardware. In order to mine profitably in the competitive cryptocurrency mining industry, the miner must invest in powerful computers such as Application-Specific Integrated Circuit (ASIC). These devices generally start from $500 and can cost up to tens of thousands of dollars. 

In the present time, Bitcoin mining is done entirely on ASIC miners as earlier used GPU devices cannot compete in the highly competitive mining pools in terms of efficiency. ASIC devices are several orders of magnitude more powerful than CPUs or GPUs, have more hash power, and are more energy-efficient. 

The present line of ASIC miners can produce almost 300TH/s drawing power while only consuming 27.5 joules per second. Here are a few of the most popular mining hardware used for Bitcoin mining. 

• Antminer S19 Pro 
• Antminer T9+
• Antminer T9+
• WhatsMiner M30S++
• AvalonMiner 1246

Mining hardware can be extremely costly to purchase depending upon the availability and manufacturer. G2Miner simplifies the process of procuring mining machines at the most cost-effective prices. Using its expert team members, G2Miner has positioned itself as one of the most prominent crypto mining hardware providers. 

G2Miner – Bitcoin Mining made easy!

G2Miner is a leading Bitcoin mining hardware procurement platform that simplifies the process of cryptocurrency mining for miners. It is a Bitcoin mining-focused platform that aims to decentralize hash power and create a fair environment for all scale miners. G2Miner promotes innovation of computer process technology and strengthens network security. 

Over time, G2Miner has established itself as one of the leaders in the mining equipment industry and currently operates from three mining facilities and serves over 200 clients worldwide. The project has 50+MW onboarded farms and has sold over $20 million of equipment to date.

The services of G2Miner includes: 

Hardware Refurbishment and Procurement 

G2Miner teams consist of dedicated and expert mining hardware specialists that help the customer by understanding their requirements and creating a cost-effective strategy suiting their needs and budget. Apart from helping in the procurement of mining hardware, G2Miner also manages repairs, upkeep, and refurbishment to offer a smooth and rewarding experience to all users. 

Mining Pools

After the initial set up of the mining rigs, the next step is to join a mining pool where a group of miners collectively solve complex computations to earn cryptocurrencies. G2Miners offer mining pools for Bitcoin and Ethereum. 

Bitcoin Mining Pools

• Powered by ViaBTC
• Transparency on Profits
• Dedicated Server with 100% uptime
• 100% transparency on all transactions, costs, and returns.
• 24/7/365 US Customer Support

Ethereum Mining Pool

• PPS+ Payouts every 20 minutes
• Private Nodes for your mining facility
• Dedicated Server with 100% uptime
• 100% transparency on all transactions, costs, and returns
• 24/7/365 US Customer Support

Final Word

Using these expert services, G2Miner has gained the trust of several users and helped decentralize the Bitcoin mining industry. The team at G2Miner consists of seasoned miners, engineers, and experts that offer the best insights about the cryptocurrency mining industry while ensuring a profitable future for the miners. 

For a new miner, the process of cryptocurrency mining can seem daunting without professional help. It is a highly competitive industry that requires the miner to use all tools at their disposal to ensure a profit. G2Miner is a leading cryptocurrency mining equipment provider that aims to help global miners participate in the lucrative industry of cryptocurrency mining. G2Miner is making the process of Bitcoin mining simpler and more efficient for the new users or hosting services alike. To learn more about G2Miner, visit https://www.g2miner.com/.