Energy efficiency

The value of our digital miners is based not only on their computing power in TH, but also on their energy efficiency in W/TH.

Energy efficiency is the rational use of energy to provide a specified level of computing power.

More energy-efficient mining decreases the overall level of energy consumption and, as a result, reduces the negative impact of mining on the environment.

Our digital miners, like real ones, use energy when mining. This is because the mining process takes place in a real blockchain network. That's why you pay electricity fees when you receive mining rewards.

Energy efficiency VS Electricity fee

The lower the W/TH of the digital miner, the lower the electricity fee, that's deducted from your rewards. And so the net reward is higher.

The cost of electricity is variable and depends on various factors. For calculations, we always take the average electricity cost for the project over the billing period. It ranges from $0.05 to $0.07 per 1 kW.

For example, the cost of electricity is $0.05 and your digital miner is 8 TH. Then the electricity fee per day is:

• (50 W/TH * 8 TH)/* $0.05 * 24 / 1000 = $0.48 — for NFT with energy efficiency 50 W/TH

• (35 W/TH * 8 TH) * $0.05 * 24 / 1000 = $0.336 — for NFT with energy efficiency 35 W/TH

• (25 W/TH * 8 TH) * $0.05 * 24 / 1000 = $0.24 — for NFT with energy efficiency 25 W/TH

Since the electricity is paid in USD and accruals from the pool are made in BTC, we recalculate the cost of electricity daily at the BTC rate at the time of payment.

Digital miner upgrade

You can upgrade your digital miner by boosting its energy efficiency.

The more energy-efficient the miner, the higher your rewards. That's because miners with higher energy efficiency require less electricity and have lower electricity fees.

To upgrade your miner, go to the My Miners section, select the digital miner whose energy efficiency you want to increase, click Upgrade, and select Energy efficiency. Then choose the energy efficiency to which you want to upgrade the miner.

Upgraded miners can be sold on the secondary market and upgraded again to maximum energy efficiency of 15 W/TH.