Step-by-step process

Our communication plan

Registration in the personal account

For cooperation with our service we use a personal cabinet. Inside the cabinet the main communication between us takes place. Starting from communication, ordering a contract, payment, initial setting of the necessary parameters to start mining and current statistics.

Payment of hashrate rent

We work all over the world. Cloud mining allows you to receive the service wherever you are, you only need to have a bitcoin wallet, which will receive weekly funds mined by Bitmain Antminer industrial miner on our site.

Time of connection to our system

The average connection time for mining equipment can be from 1 day to 3 weeks. We try to keep stock, but this sector is popular and sometimes it is difficult to regulate demand. We are constantly ordering asic miners and special containers to house them. Unfortunately, sometimes there are periods when the wait is maximized, but on average the process is prompt.

Equipment placement

We are present at a hosting site connected to a high voltage substation and which is far away from large settlements in the north. The average annual temperature creates a very comfortable environment for industrial miners. The equipment and electricity is purchased legally with all documents from the supervisory authorities. Placement and mining is carried out legally.

Equipment setup

The control system allows us to monitor the devices 24/7 and improve the performance in cooler weather or reduce the load during peak power hours. In case of any anomalies, we intervene immediately and take the necessary measures.

First withdrawal to your wallet

After setting up and connecting the mining equipment to the bitcoin network and starting mining through the pool we make the first payment to your personal wallet, after the first transaction we close the access to change the wallet in the personal cabinet of XoxMining. This operation is performed to secure the next payments from cybercriminals. The recipient’s wallet cannot be changed until the end of the contract.

Equipment maintenance

Any mining equipment requires constant physical maintenance and inspection because dust, overheating wires, melting connections are the main factors for miners to fail. We treat it as a daily work to prevent incidents at the site. That’s why our site uptime is 97%. Please take this factor into account.

End of contract in three years

The contract with the cloud mining service XoxMining implies long-term cooperation. The payment is divided into three years in the proportions of 52% in the first year, 23% in the second year and 25% in the third year. It turns out that you are mining bitcoin in installments at a fixed price, and it is much more profitable than buying it all at once. Today we use modern equipment, which is enough to mine bitcoin until 2028.