Cryptocurrency is an often misunderstood and always controversial topic. But whether you’ve been mining since the beginning or have never even heard of Satoshi Nakamoto, one thing is clear: Money as we know it will be replaced by something.
And a lot of people believe that something will be bitcoin.
Cash is King but Bitcoin is Emperor
When New York City’s first ATM was installed in 1961, it was promptly removed six months later due to lack of customer acceptance. Fast forward 50 years and there’s now an ATM on every street corner causing 40% of consumers to carry less than $20 with them at any given time. Carrying cash with you is not only unnecessary, it’s also inconvenient because you can pay for most things with a debit card.
Similar to how ATM’s eliminated the need to always carry cash; new innovations are paving the way for us to also cut up our debit cards. But as much as Google Wallet and Apple Pay make shopping easier, they probably won’t replace cryptocurrency for one simple reason: It won’t make you any money.
Bitcoin is moving towards the mainstream as high-profile companies like Newegg have started to accept it as a legitimate payment option.
Cryptocurrency goes up and down in value similar to the stock market and the most valuable one of them all is Bitcoin. And although the Bitcoin Network doesn’t recommend you try and get rich from it, many people do because the risk has proven to be worth the reward.
The highest recorded price for bitcoin was in 2013 when it reached $1,242 per coin. To put that in perspective, gold prices hit a session low that very same day and were valued at $1,240 per ounce. Bitcoin may only be worth a fraction of that price today, but the possibility of it climbing back up has prompted many people to invest in it. And the simplest way of doing that is by mining your own bitcoin.
Fortunately, it’s never been easier to start mining thanks to BitCrane.
Bitcoin Mining Made Easy
BitCrane was founded by some of tech industry’s most seasoned professionals (Foxconn and Flextronics) and has been designing mining systems since early 2013. One glance at their mission statement explains why their hardware is the best choice for those wanting to get into the mining business.
“Our mission is to deliver best-in-class ASIC mining systems using leading-edge technology and industrial PC-grade quality standards while offering the best possible price-performance products to our customers. Our expertise in electronics manufacturing, supply chain management, and experience with ASIC mining system designs enables us to deliver time-to-market and time-to-volume products.”
– BitCrane
BitCrane miners are designed to keep things simple and their easy setup process allows even the most novice user to start mining straight out of the box. And because Newegg is one of the few online retailers committed to accepting bitcoin, we want to help you start mining if you haven’t done so already. That’s why we’re selling two great BitCrane mining machines that allow you to start mining right away.
BitCrane T-110 Bitcoin Mining System
- Best-in-class ASIC mining system designed for high-performance mining and optimal stability.
- Optimal hashrate of 1.1TH/s and nominal power consumption of 1100W.
- Equipped with two UltraHoist mining modules and two direct contact liquid coolers.
State-of-the-art UltraHoist heavy duty mining modules are based on a single 28nm ASIC architecture and deliver a whopping 550Ghash per module.
BitCrane Miner Control Panel
Simple plug-and-hash design with minimal configuration required. Start mining within minutes after opening up the package.
Industrial Grade
BitCrane Mining Systems are designed using leading-edge technology and manufactured with industrial PC-grade quality components and standards to ensure the best possible quality and performance.
EZ Stack
The EZ Stack design lets you easily setup multiple mining systems with a minimal footprint in a rack-less environment. The T-110 also offers one of the most light and compact designs compared to other models in its class.
BitCrane T-110S Bitcoin Mining System
- Designed with the view of keeping bitcoin a decentralized currency.
- First Terahash-grade bitcoin miner specifically designed for the home.
With four ultra-silent fans supported by Direct Contact Liquid Cooling (DCLC) technology, the T-110S is designed to operate at Terahash speeds with the least possible sound. The T-110s also has an average sound level of less than 60dB which is the sound level of a normal conversation.
Simple
The plug-and-hash hardware setup and the user-friendly hash-and–forget software operation allow any first-time miner to start mining with the T-110S within minutes from unpacking it.
Stable
The power and stability of the T-110S reside within the two UltraHoist ASIC blades that are built using industrial grade components to ensure optimal performance over long-term use.
Safe
The T-110S has been tested for electromagnetic interference as well as electromagnetic compatibility and is certified for CE and FCC Class-B (for “residential use”) compliance. This ensures that the T-110S is as safe for you and your loved ones as any other household appliance in your home.
EZ Stack
The EZ Stack design lets you easily setup multiple mining systems with a minimal footprint in a rack-less environment. The T-110 also offers one of the most light and compact designs compared to other models in its class.
Mining With BitCrane’s T-110 Series’ Miners
BitCrane miners are coveted for their simplicity – as pointed out in a recent review – but the company has also taken an extra step to make things even simpler for you with their handy Beginner’s Guide. And with the T-110S currently on sale for $100 less than its MSRP, there is no better time to get started with mining. It’s also a great opportunity to save some cash for the holidays if you’re thinking of buying a mining rig for someone on your Christmas list.
Bitcoin gives you more power and control over your finances because it’s an inexpensive way to send or accept money while remaining anonymous. Because of this, bitcoin has all the advantages of paying with cash, but reduces the risk of identity theft and fraud. And while there’s no way of predicting the future of bitcoin or any other cryptocurrency, it’s not a stretch of the imagination to predict we’ll be using it in the future.
Bitcoin is a growing space of innovation and there are business opportunities that also include risks.
Do you want to get into bitcoin mining? What do you think of the BitCrane machines? What will be the future of cryptocurrency? Let us know in the comments below!
