Frequently Asked Questions
Bitcoin is the first worldwide decentralized crypto currency and digital payment system called digital currency, as the system works without a central repository or single administrator. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin.
Bitcoin mining begins with computers called miners. These miners use their processing power to solve complex math equations. They verify transactions and decrypt blocks of newly released Bitcoin. As a reward for solving these equations, they are rewarded with a certain amount of Bitcoin in return, which in turn can be exchanged into US dollars.
Yes! Bitcoin has been consistently increasing in value over time and shows no signs of slowing down. The more Bitcoin you can mine, the more valuable it becomes when the Bitcoin value increases. If you had $100 worth of Bitcoin in 2010 and held on to it until today, your $100 would be worth $75,000,000.
To get started in Bitcoin mining you will need to buy a miner such as the Avalon 921, a power supply and a controller. Once you have these 3 items, you can configure your miner, join a pool and start mining Bitcoin
Incomes fluctuate and rely upon the flow coin value, trouble, cost of power and different elements. You can discover online mini-computers to assist you with settling on your choice.
Aboslutely!!, all items purchased from us incorporates 1-2 years guarantee and production guarantee if accessible. We rush to assist with tackling equipment issues, don’t spare a moment to reach us whenever
-Indeed! we boat to practically any country on the globe, so anybody from anyplace can begin finding out with regards to digital currencies.
-You can get precise delivery quote by adding the items you are intrigued to your shopping basket, and start the checkout interaction. Then, at that point, you will see the transportation choices and costs to look over. Now and again, we offer free delivery over a specific measure of your request. For additional inquiries regarding overseas delivery contact us at email@example.com
Since digital money and mining can be confounded. Most destinations would not respond to questions and guide you to the correct heading. We aggregated numerous long periods of involvement with this industry so you realize you are shopping from experienced professionals.
Its a gift!!, to show our appreciation for shopping with us. There is a coupon on it for the next time you order.
Indeed! we give proficient one-on-one interview for mining and general cryptographic money help.
Our administrations are adaptable and we can assemble your apparatus and show you how to advance it for ideal productivity and benefits.
Your miner’s warranty begins the moment we pick up your miners from the manufacturer.
We advise G2G customers to read the terms of each manufacturer for more information. You can find the link to each manufacturers warranty terms using the following links:
- Bitmain terms – 12-month warranty
- MicroBT terms – 12-month warranty
- Canaan warranty PDF – 180 day warranty
Once your miner is online at the hosting facility, a member of our mining concierge team will provide you with your machine serial numbers. If you have purchased a Bitmain and/or MicroBT ASIC, these serial numbers can be used to check the remaining warranty period on your miner.
Before you purchase a machine we will provide an estimated online date, We strive to get all miners online by their estimated online dates, but delays do occasionally happen for reasons outside of our control.
Most new ASIC miners come with a 12-month warranty from the manufacturer. The manufacturer warranty period starts from the date the ASIC leaves the factory. As a result, there will be times when a new purchased miner will have less than 12 months left on the warranty.
For further clarification, G2G Miners does not control the time on these warranties, and it is not based on the purchase date.