Details on Buying Bitcoin Miners & Hosting in Paraguay

A Guide to Retail Bitcoin Mining for Investors

Aug 15, 2023

Bitcoin Capitalist's mining operation in Paraguay has recently expanded its operations, making available new hosting space for Bitcoin mining machines. We are excited to announce that after a brief period of being sold out, we can now accommodate new purchases of Antminer Bitcoin mining machines.

Here's how the process works:

Purchase and Payment: You can buy an Antminer Bitcoin mining machine from us, and you'll find the cost more favorable if you pay using Bitcoin or USDT.
Machine Pickup: We will collect your chosen Antminer machine from the wholesaler's warehouse. Each machine comes with a 1-year warranty directly from Bitmain, the manufacturer.
Machine Testing: Our team will thoroughly test the machine to ensure that the factory default software is running smoothly. We also verify that the machine operates at the advertised hash rate as per its specifications. We will update the software on the machine to the latest firmware.
Unboxing and Confirmation: A video of the unboxing process, along with the machine's serial number, will be shared with you. This step ensures transparency and verification of your purchase.
GPS Tracking Installation: We install GPS tracking on the machine for added security and monitoring purposes.
Mining Pool Inclusion: Your machine will be added to our F2 mining pool. We provide you with a link to access your machine's data and progress. An app is also available for real-time monitoring, showcasing Bitcoin mined, machine temperature, downtime, and more. Here is a link to one of our customers Bitcoin mining machines currently operating within the F2 Pool - LINK
Mining Initiation: The machine is then taken to the mining site, where it's plugged in, and it starts mining Bitcoin immediately.

Custom Link to monitor your Bitcoin miners in the pool

Important Points to Note:

We only deal with complete ownership, and our focus is solely on new machines.
Fractional ownership is not offered, and we do not sell pre-plugged machines.

Hosting Details:

Energy rate: $0.065 per kWh
The mining site benefits from 24-hour armed security with continuous video surveillance.
The mine contract extends for 1 year and will automatically renew, unless stated otherwise.
While the energy rate is stable now, if there's any change due to fluctuations in energy prices, you will be informed 30 days in advance, retaining the option to exit the contract.

Miners are labeled with customer mining pool name

Antminer Bitcoin Mining Machines:

We stock a curated selection of machines that can be picked up within 5 days.
Our focus is solely on Bitmain's Antminers, renowned for their quality and supported by authorized repair facilities.
We exclusively offer machines with a mining rate above 100 TH, ensuring optimal profitability.
The machine's price covers essential services, including pickup, testing, and GPS tracking installation.
Antminer S19J Pro+ 120# for sale - link

Costs & Payments:

Energy cost is a primary factor in Bitcoin mining.
The energy rate is set at $0.065 per kWh.
Meters in the mine measure each machines energy usage
7% of Bitcoin mined will be deducted for maintenance, management and security.
Energy $0.065 kWh - 7% Maintenance fee = Total Bitcoin
Bitcoin Capitalist will cover your monthly electricity expenses directly from the mining proceeds, deducting the corresponding Bitcoin mined for that month.
The outstanding balance of Bitcoin will be distributed to the specified Bitcoin address on the final day of each month.

Selling Your Machine:

Bitcoin Capitalist Mining can assist you in selling your machines for a 10% commission.
Bitcoin mining machines' value can both depreciate in the long term and also appreciate in the short term with the price increase in Bitcoin.
We connect buyers and sellers, allowing you to profitably manage your machine investment.

Maintenance & Repair:

Bitmain's Antminers come with a 11 month warranty.
Warranty expiration date can be checked by entering Antminer serial number here
For repairs within the warranty period, we collaborate with Bitmain's authorized repair shop.
Post-warranty, we offer repair authorization and payment options in USDT or Bitcoin.
Regular maintenance is performed on-site to ensure prolonged mining efficiency.

Importing Machines:

For larger investors capable of purchasing a minimum of 10 Bitcoin miners, we can significantly reduce the price of the machines and ship them directly from the factory in China.
Miners will be shipped within 5-7 business days from China and can be delivered directly to our office. Upon arrival, we will inspect the machines and proceed with the installation into the mine.
If you have a significant number of pre-existing machines that you intend to import into Paraguay, we are equipped to assist you in navigating the import process.

Return on Investment (ROI)

Several factors contribute to determining the profitability of mining, including the energy price, machine cost, and machine power.
A higher machine hash rate, resulting from increased machine computing power, allows the machine to mine more Bitcoin.
Several websites, including CoinWarz and NiceHash, allow you to input your machine details to obtain the current profitability of the machine. Additionally, you can enter a higher Bitcoin price to assess future profitability.

Bitcoin Capitalist Mining is committed to providing reliable and transparent Bitcoin mining services in Paraguay.