Frequently Asked Questions
0xMiner GPU ServersAlex Yang
Mine the widest choice of crypto-assets
Minimise maintenance costs
Maximise profitable mining
0xMiners delivering maximum all-round benefits
HOSTMINE offers custom-designed GPU based 0xMiner servers that deliver optimum operability and consistently high-return mining. Designed and assembled in-house, our 0xMiners are also tuned to minimise maintenance costs per hash ratio (£/H). They mine the most profitable coin at the time of operation and can settle your mined earnings in any crypto currency of choice or fiat currencies : EUR or USD. 0xMiners are the most profitable and highly user friendly mining option there currently is on the market.
In addition, 0xMiners incorporate highly effective air-flow cooling, and consume less electricity compared to ASIC servers and other less efficiently designed GPU mining rigs on the market.
Simple, yet efficient, 0xMiners ideally combine low maintenance with highly profitable crypto-mining operations!
0xMiners are available for both Nvidia and AMD cards.
For the UK
• All orders will be delivered within 7 working days after full payment has been received.
• If your order would take longer than 7 working days due to any unforeseen reason then we will inform you through email.
Outside the UK
• All orders will be delivered within 15 – 30 working days after full payment has been received.
• If your order would take longer than 30 working days due to any unforeseen reason we will inform you through email.
Two shipping methods are available to choose from, “Standard shipping” and “Insured shipping”.
Standard shipping is free of cost and is handled by one of the following courier services: Parcel Force, DPD, DHL, FedEx, UPS and TNT. Most feasible service partner is choosen depending on the delivery address.
Insured Shipping is chargeable at £350 per order, if the order volume crosses over 5 units then we will email the customer with a custom quotation for their shipping. This shipping method safeguards against damage/loss/theft/delays.
For more information contact us at email@example.com
How to securely store the address private key?Alex Yang
The main security feature for Bitcoin transactions is the 254-bit private key that enables transactions. The private key generates a unique mathematical signature each time a transaction takes place, ensuring it cannot be stolen or copied, and the user can use the same private key again. When this key is generated, the user should store it in a safe place as it is the only entry to the wallet, and whoever has it can access all the digital assets. Some enthusiasts prefer to memorise the private key, but in case the user forgets the key, for instance, then the cryptocurrencies linked to that address will be lost forever.
Please contact us at firstname.lastname@example.org for any issues you faced at the payment stage
Setting up your ServerAlex Yang
Instructions on how to connect your server are provided inside the box. Still if you would like any further assistance please reach out to us at email@example.com
• All servers sold on hostmine.uk comes with 6 months HOSTMINE warranty.
• To report any issues please contact us at firstname.lastname@example.org
• You can extend warranty on your server till 3 years from the date of purchase.
• To extend your warranty please contact us at email@example.com
What are Bitcoin mining pools?Alex Yang
Bitcoin mining pools are a way for the miners to “pool” together their hashing power and then divide the rewards equally according to the number of shares they contributed solving a block. Bitcoin mining in pools started when the network difficulty got too high to the point that it could take years for miners to generate blocks. The solution was to pool their resources together and share the hashing power so that blocks could be solved quicker and hence receive more rewards.
What are Crypto Assets?Alex Yang
Institutions like Bank of England like to call cryptocurrencies as “crypto-assets”. Because cryptocurrencies have value, they can be exchanged for goods & services and also to buy other cryptocurrencies that have an intrinsic value. The classical definition of currency falls short when dealing with cryptocurrencies; hence, they are called crypto-assets too.
What are Security Tokens?Alex Yang
Unlike utility tokens, Security Tokens need not have utility. Instead, they correspond and represent a share or stake in the issuing company. Hence, they are often compared with traditional buying of stocks and sometimes referred to as equity tokens. In simple terms, Security Tokens are much more regulated by the government than its utility counterpart. They can offer the speed and ease of blockchain without sacrificing the protection against fraud and misselling.
What are Utility Tokens?Alex Yang
A utility token is a ‘coin’ supported by a project and is one of the most common and widely known types of investment. Usually, these tokens are Ethereum based as it is one of the easiest ways for introducing and then programming the new token. Generally, the investors get some defined benefit in return, like access to a particular system or the receipt of a coin that in turn offers some service.