How Amazon Mining Took Over the Cloud Mining Sector

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Amazon Mining is one of the largest cloud mining operations in the world. This crypto giant started from meager beginnings and grew into a global powerhouse in less than a year. Amazon Mining’s strategy of providing enterprise-level cloud mining to interested crypto investors has paid off massively and allowed the company to carve out a permanent home in the crypto space.

The crypto space already had numerous cloud mining platforms, but many were simple Ponzi schemes rather than actual mining operations. As you would imagine, this type of flimsy business model doesn’t hold up well over long periods of time and usually ends with new investors losing all of their money.

Cloud mining is a particularly good business model for Ponzi schemes because users never actually enter your facility. The market became so saturated with these scams at one point that many crypto investors felt that all cloud mining operations were scams.

Amazon Mining

 

In the midst of all of this chaos, Amazon Mining utilized one of the pillars of the crypto community, transparency, to provide users with a new level of security and trust. Unlike the competition, Amazon Mining decided to follow the SEC’s strict guidelines. The company even filed for licensing for a USD 100 million investment fund back in 2018. This strategy set the mining platform apart from the competition, and, ultimately made the concept a huge success.

The official website of the company: amazon-mining.com

Data Centers

Today, Amazon Mining owns and operates some of the largest data centers in the world. The company keeps the exact locations of their data centers private, but over the years, investigators have confirmed that the company operates at least three major mining installations located in Israel, Hongkong, and Canada.

Crypto Hotbed

Amazon Mining continued to shape the industry from day one. The developers created an amazing 84,000 square feet of Crypto Hotbed. The facility utilizes a combination of state-of-the-art mining chips and geothermal energy to offer users competitive payouts on their investments. The facility is regarded as one of the largest mining farms in the world and is located in Israel.

Mining Facility Via Amazon Mining Website

Amazon Mining Features

What we need to do is always look into the future, cryptocurrency is the future (...) The goal of our existence is to make cryptocurrency mining an easy, smart and rewarding experience for everyone”, – Amazon Mining.

The work of the Amazon Mining service is built on the principle of leasing the already configured computing power. The company's clients acquire a contract, a tariff plan, according to which they receive payments in cryptocurrency.

You can also purchase the hardware from our hardware purchase section and mine at your convenience. Amazon Mining platform offers competitively priced cloud mining contracts to corporations and individuals globally. The platform provides users with a plethora of unique features such as Radiant. Radiant takes into account the entire spectrum of mining concerns including electricity costs, Bitcoin prices, and processing power. The platform automatically adjusts the mining rigs performance to provide you with maximum profitability.

Amazon Mining in the Crypto Community

The benefits of using Amazon Mining are quite a few. Apart from the gigantic brand name. Regular customers receive promo codes and upgrades that increase their hash capacity. Also, there are affiliate programs for those who invite friends.

Also, one of the advantages of working with Amazon, is the flexibility of the distribution of hash power between currency types, so you can get different coins at the same time. Convenient and simple interface.

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