If you want to try your hand at mining cryptocurrencies, but do not want your home to be taken over with loud and expensive machinery, you can now come to Lida, where they have opened a special mining hotel.
The hotel will provide areas for hardware systems designed to mine cryptocurrencies. The mining hotel is completely legitimate, and has been designed only for the mining farms that belong to both physical and legal entities.
If this sounds appealing to you, you can rent a farm place and install any equipment that is necessary for mining on an available budget.
So, what are the benefits of using a mining hotel, over mining in your own home? Well the company has specifically guaranteed the smooth operation of the equipment, as well as prompt technical support and video surveillance. On top of this, it is fully equipped with humidity and cooling systems; something, which, if you set up in your own home, would be incredibly expensive, not to mention cumbersome.
Another benefit is security. The hotel will offer equipment insurance against theft, fire, flooding and any other emergencies that you might face.
The hotel has a total area of 2,250 square metres, which is over several premises. They have a total power of 1.2 megawatts, something that you could never achieve in your own home. In Belarus, as well, mining cryptocurrencies is not subject to income tax for individuals, nor does it require permits, registrations or any other paperwork procedures. You just have to be an independent miner.
The cryptocurrency market, including ICOs, smart contracts and other related issues were recently legalised in Belarus, so this mining hotel could be a great thing to happen. There is hope that it will boost the country’s IT sector, as well as attracting foreign investments.