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You are at:Home » Metapsis: Exploring The ‘First’ Cloud Bitcoin Mining Platform
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Metapsis: Exploring The ‘First’ Cloud Bitcoin Mining Platform

AB News DeskBy AB News DeskAugust 13, 2021Updated:August 13, 2021No Comments3 Mins Read
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Metapsis Cloud Bitcoin Mining Platform - AlexaBlockchain
Metapsis Cloud Bitcoin Mining Platform
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What is Metapsis?

Metapsis, claims to be the “first” cloud mining platform sporting 1:1 pegged to real-world running machines. The company is driven by its vision – create new crypto riches.

What is Cloud Mining?

Cloud Mining allows cryptocurrency mining by utilizing a remote data center with shared processing power. Cloud mining helps users mine Bitcoins or other cryptocurrencies without investing in high cost hardware and the need to manage those hardware. The mining rigs are housed in a facility owned by the mining company. The user needs to register and purchase mining contracts to run the mining process on the cloud.

Currently, Bitcoin stands above 45,000 US dollars, yet the overall cost of mining one Bitcoin is approximately 10,000 US dollars. That makes the cost of mining one Bitcoin merely 10%-20% of buying one. Metapsis believes that cloud mining can help bring down the cost of Bitcoin mining.

Is Metapsis Really the First Cloud Mining Platform?

Metapsis claims to be the first cloud mining platform; however, there are already multiple such firms in the market. For example BeMine (Bitcoin, Ethereum, Zcash), Shamining (Bitcoin), Freemining (Bitcoin, Litecoin, Dogecoin, BCH, XMR and TRX), Genesis Mining (Bitcoin, Dash, Ethereum, Zcash), Miningecos (Bitcoin), NHash (Bitcoin), and Hashnest (Bitcoin, Litecoin, Zcash and Dash).

Why Metapsis?

Metapsis gives following advantages to consider it as the number one choice for cloud Bitcoin mining.

Metapsis, since the founding year, has managed and operated at a more than 4,000 PH/s hashrate (accounting for 3% of the overall Bitcoin hashrate network at its peak), with the uptime and the compliance rate up to 99% and of 105%, respectively.

Secondly, Metapsis boasts a veteran team with profound experience that is composed of nearly 100 maintenance personnel around the globe generating 24/7 O&M services for 10+ mining facilities. Metapsis is committed to providing a user-friendly and handy SaaS service platform for business partners who pursue commercial opportunities in cryptocurrency and has distributed a more than 1,000 PH/s mining hashrate via its network of business partners.

In addition, Metapsis, due to its global layout and risk diversification system, will continue to expand, especially in countries and regions with rich electricity resources such as North America, Kazakhstan, Russia, and Europe to ensure streamline operations of mining assets across the planet, and as a result, no single policy of one specific region is going to jeopardize the overall stability of the platform and the asset security of its clients.

Metapsis Makes Bitcoin Mining Green

As the issue of how Bitcoin mining will resort to the green energy come under the spotlight more than ever, Metapsis, being itself an environmental advocate of its kind, sticks to generating Bitcoin via multiple choices of energy: other than the traditional source of coal, hydropower, natural gas, wind power, and photovoltaics are also pursued source of energy by Metapsis. Metapsis rides the global trend of reducing carbon emissions and will incrementally expand its green energy-powered mining capacity to as much as 100,000 kilowatts.

When it comes to the asset security of users, backed by an invincible IT team, Metapsis adopts offline storage, two-step verification, encrypted SSL traffic operation, and 100% reserve banking scheme to provide both retail and institutional users with state-of-the-art asset security safeguarded by an Internet banking-like system.

“Chances are that one has tried cloud mining before; Metapsis, this time around, will absolutely upgrade users’ mining experience to another level,” states Metapsis.

Bitcoin Bitcoin Mining Cloud Mining Crypto Metapsis
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AB News Desk
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AB News Desk is a trained group of web journalists and reporters who collect news from all over the blockchain market landscape. AB News Desk covers developments on Blockchain Industry including Distributed Ledger, Smart Contracts, Digital Assets, Cryptos, FinTech, Bitcoin, DApps, DeFi, and more. To connect, please write to Editor at info@alexablockchain.com.

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