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How to Use Mining Rentals?
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ECOS, a leader in industrial Bitcoin mining, proudly presents a new service! Now, you can rent mining rig online with minimum effort. Alternatively, this service is known as “rent Bitcoin mining”, “rent mining server”, “crypto mining rent” or “miner rental”. You rent mining power remotely – and you don’t need to take care of the equipment. The ECOS team will locate your device on their territory, connect it to its mining rig rentals pool, and take care of it. Your task will consist in timely transferring the fee. You’ll be able to monitor your mining rig rentals profit through the ECOS app or on its website. The rewards will be transferred to you daily. In this mining rig rentals review, we’ll explain the details of the process and how to get started with it.
Reasons to Rent Crypto Mining Hardware
Mining rig rentals have multiple advantages.
- It’s very easy to rent mining capacities. You can rent a server for mining in a few clicks – even if you lack tech expertise and are entirely new to crypto.
- When you rent crypto mining equipment, your upfront expenses can be nearly twice as low as when buying it.
- You can rent mining servers on highly flexible conditions. You’ll be able to pick the desired hardware, select the contract duration, and fine-tune other parameters. All the conditions are highly transparent.
- Miner rentals involve a limitless warranty. A team of experienced professionals will take 24/7 care of your device and you won’t need to worry about anything.
If you rent server for mining, it can turn into a profitable business for you.
How to Rent a Mining Rig with ECOS
To rent mining machine with ECOS, follow these simple steps:
- Decide on the device. You can rent one or several of them. If you wish, you can get a whole mining farm for rent. There are multiple ASIC models on offer. Compare attentively their technical characteristics and prices.
- Sign up for ECOS – or sign in if you already have an account.
- Choose a plan and a payment method.
- In 24 hours, your ASIC or ASICs will be activated.
After that, all you need to do is wait for the rewards! When selecting the hardware, we recommend you pay special attention to the outstanding Bitmain’s brand-new S21 Series. Compared to the previous models, its income generation is 50% higher and its energy consumption is 40% lower.
How to Use Mining Rig Rentals – Contract Duration, Expenses and Rewards
There are three rental duration options for those who want to rent Bitcoin mining server rental: 12, 24, and 36 months. After you rent crypto mining server, the hosting fee will include electricity expenses as well as round-the-clock maintenance and security. People who rent ASIC miners can choose between daily post-payments and monthly prepayments. With the post-payment mode, you first receive your daily reward in crypto – and then, the fee is deducted from it. With the prepayment mode, it’s essential to pay the full cost of your plan on a fixed date each month. The monthly fee won’t be deducted from your mined revenue.
No Need to Rent Space for Crypto Mining
With ECOS, you won’t have to look for a Bitcoin mining space for rent. ECOS will place your device in its data center in Armenia. It supports a capacity of 27 PH and can accommodate up to 20,000 ASICs. The Hrazdan Thermal Power Plant provides cheap electricity to it and the surrounding climate conditions are ideal for mining. Your hardware will be kept exceptionally safe there because armed guards protect the territory. There is a full-fledged service center whose engineers can promptly solve any technical issue. The expected uptime of your hardware will be very close to 100%.
Mining Equipment for Rent vs for Sale vs Cloud Mining
Crypto enthusiasts can choose between three options: to rent crypto mining machines, to buy them, or to resort to cloud mining rent. Let’s compare them by five crucial parameters.
| Buy ASIC Miner | Rent ASIC Miner | Rent Cloud Mining | |
| Minimum initial expenses | $2,500 | $1,900 | $99 |
| Further expenses | You pay a monthly hosting fee. It won’t be deducted from your revenue. | You pay a hosting fee for your crypto miner rental. It can be monthly and not deducted from your revenue — or daily or deducted from your revenue after you receive this revenue. | You pay a daily service fee for your crypto miner rental. It will be automatically deducted from your mined revenue after you receive this revenue. |
| Essence | You buy an ASIC that will be installed at the ECOS data center. Later, you have the right to move your hardware to another location or sell it to a new owner. | You rent mining rigs remotely. | You rent mining hashrate from a remote ASIC. |
| Frequency of receiving the BTC rewards | Daily | Daily | Daily |
| Necessity to handle the logistics, maintenance, and surveillance | No | No | No |
| Warranty | 6 months | Limitless | Limitless |
Start mining more Bitcoin today and maximize your rewards before they’re cut in half. With our reduced prices, there’s no better time to get started. Act fast, mine smart, and reap the rewards!
