Bitcoin is an innovative payment network and a new kind of money, says the official website of Bitcoin. Bitcoin is a digital currency (formerly a digital asset) introduced to the world over ten years ago, in 2009. Unlike other currencies (US dollars, Euros), which are issued by the state, bitcoin is managed by decentralized governance.
How to mine cryptocurrency?
Digital currencies are always in the news and cryptocurrency mining is attracting more and more enthusiasts. They offer a solution that allows processing blockchain algorithms and helps to overcome some of the limitations in this activity. This forces miners to invest in hardware and then host those big machines at home. These machines use a lot of electricity and generate a lot of heat and noise, which can be annoying in a home environment. With your machine in the data center in different geolocations to choose from, you can bypass the restrictions on this activity. By leaving your server in the data center, you will also take full advantage of all the security benefits it provides.
The server network is protected from DDOS attacks thanks to Layer 3 Anti-DDOS solutions. In addition, this network is constantly tested, and numerous agreements with various operators guarantee continuous and high-quality service. Although your machine is far away from you, the technical teams directly present in the data centers are ready to intervene at your location, if necessary, 24 hours a day, 7 days a week.
Choosing the Right Server Solution for Cryptocurrency Mining
The cryptocurrency mining solution offered by cryptocurrency server rental companies is a dedicated GPU server. The advantage of renting (leasing) is that it saves you from having to build your own cryptocurrency mining machine, since the components are regularly developed and represent a subsequent investment. With a data center dedicated server rental solution, you can always be equipped with the latest generation of components to optimize performance. In addition, it frees you from electricity bills, which are an important consideration when mining cryptocurrencies. By not paying for electricity, you do not have to pay fixed monthly payments, making it easy to calculate profitability.
The Xeon GPU comes standard with an 8GB NVIDIA GeForce GTX1070 graphics card. The video card has excellent performance. This will allow the processing of blockchain algorithms. You can also add a second identical graphics card to double the mining performance.
You manage the server and configure it yourself. This is the default server management choice. Where services are monitored with proactive response in the event of an unexpected server failure. Here all technical issues are solved by technical specialists. This allows you to focus on your online business. We also offer weekly backups to a separate backup server. CentOS or CloudLinux with cPanel is required for basic and full management. Full management is only applicable to servers with two or more disks.
When buying a dedicated server for mining, you get one physical server with the maximum level of access, as well as complete freedom to use it. Unlike cloud VPS, there is no virtualization layer on dedicated hosting servers. All of this physical resources are available. A dedicated server also allows you to fully manage its configuration and settings.
Most of the big companies are still making their first steps in the bitcoin hosting market. Small hosts are taking the lead, and while some of them provide phenomenal hosting solutions and others are disaster recipe. The news is that there are several large hosts that accept cryptocurrency.
Mining in the data center
Few hosting providers allow cryptocurrency mining in their data centers. This forces miners to invest in hardware and then host those big machines at home.
Offering you more options and adaptability than other hosting options. Dedicated servers are the best recommendation for those who have a technical background, for those who are comfortable managing and configuring servers with root access. Typically, dedicated server hosting is used for the following purposes: high traffic websites, websites and business applications, content streaming, podcasts, machine learning, big data, storage, infrastructure virtualization and game servers, cryptocurrency mining.
By leaving your server in the data center, you will also take full advantage of all the security benefits it provides. Support engineers are available 24/7 to attend to your on-site emergency needs.
Offers full root access and admin access for dedicated servers and provides dedicated servers located in multiple data centers around the world. Adopt data center best practices to ensure the highest level of security with a 99.99% uptime guarantee.
Buying a server or renting?
In fact, instant dedicated servers can be paid with bitcoins, and this will be the optimal solution for cryptocurrency holders. If user does not want to share virtual space with other users, but are not ready to immediately invest heavily in the purchase of equipment, they can choose to rent. Reliable hosting is of great importance for the success of any Internet project. E-commerce site owners confirm that even a half-hour break in the store can lead to the loss of customers. If a potential buyer is ready to place an order, but the site is down, the user will find another online shopping platform.
Renting high-quality company equipment is not only the work quality, but also an additional assistance wide range. Online support representatives provide free assistance in solving technical problems, as well as in setting up, installing software and modules 24/7. Do not hesitate to call and get a free consultation from professional managers!
Unlimited Hosting is refers to companies that provide packages with unlimited disk space, bandwidth, domains, databases or mail accounts. It is a marketing gimmick, but sometimes you might find something worth trying.
We strongly do not recommend buying cheap hosting. As a rule, they are accompanied by next problems: the server often does not work, the equipment is outdated, lousy and slow support, registration and payment errors.
In the last decade alone, billions of digital coins may have been lost. One of the best features of Bitcoin and other cryptocurrencies is their ability to be stored offline on local hardware is a cold storage. Services can be used to store cryptocurrencies.