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FAQs Frequently Asked Questions

FAQs

CKMiner Mining is an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup. We are a team of mining experts with extensive knowledge of the digital currency sector. CKMiner Mining specializes in building the most efficient and reliable mining rigs that we also offer for rent to our clients. Finally, our experts in cooling and maintenance of data centers are also an important part of our success.

It is quick and very easy! As soon as we receive your payment your contract will be added to your profile, and you can immediately start mining. Depending on your contract, you can mine Bitcoin directly. It is also possible to trade your payments to other cryptocoins, and even choose a specific allocation for them. The first payout reaches our clients wallets after 48 hours, and then a daily payout will follow Remark: Every day of mining will be processed and paid in the following 24 hours after the mining day is over. Please refer to section “When do I get my payout?” for more details.

Besides the fact that we ourselves mine with the very same hardware that we offer to our clients, our capital is limited. We believe that Bitcoin and altcoin mining is highly profitable, however, we do not want to “put all our eggs in one basket”.

For security reasons, we do not disclose the exact location of our mining farms. As of April 2015, we are operating several mining farms that are located in Europe, America and Asia. Electricity cost and availability of cooling are important, but not the only criteria.

You are able to mine only Bitcoin right now. Other Coin we will be added soon.

Bitcoin mining depends highly on the prices and difficulties of the coins you mine. It would not “look right” if we provide data on the mining profitability and selling contracts at the same time. Therefore, we recommend all our clients to do their own research and do their own profitability calculation.

It is always possible that a miner crashes, slows down or completely breaks. In all these cases, our algorithms ensure that other miners are allocated to the relevant pools to fully compensate for possible hashpower loss. This way our clients will not lose a second of mining time.

We currently Accept only Bitcoin Payment.

Lifetime contracts do not have a maturity date. As long as the contract is profitable (i.e. the payout covers the maintenance fee) you will continue to mine and be able to receive payouts. Theoretically, this could be 100 years (“lifetime”), however practically it will depend on difficulty and market prices for the crypto currencies.

Customer service is our highest priority! We know how important it is for a potential investor to find answers to their questions. Making decisions is not only about having the good feeling, but also about understanding the business concept in detail. Therefore, please contact us any time at [email protected] if you need any help. We are looking forward to hearing from you.

CKMiner provides daily payouts of all mined coins! A mining day usually starts at 00:00 UTC and ends at 23:59:59 UTC. If you just bought a contract the start time could be different and you will only mine for a fraction of that day. Otherwise your miners will mine for you 24 hours and exactly act according to your settings (see “mining allocation”). At the end of the 24 hours mining day we will do some additional calculations and double checks to ensure everything is correct. About 8 hours later (max. 24 hours) you will receive payouts for each coin you have mined. Please ensure that you provide a payout address for each coin you mine, otherwise we cannot make the payout!

We do not charge any fees or commission. Every single transaction is visible to every user.