Learn more about the facilities behind StackMining and MiningAutomatic!
NORTH CAROLINA
Expected Energy Rates: $0.05 - $0.06 per Kilowatt Hour
Steady Stack Founders Zan Shaikh & Hassan Shaikh explaining the importance of mining at the North Carolina Facility
Co-Founder of Steady Stack, Hassan Shaikh at the North Carolina facility
Distinguished for its dependable infrastructure and competitive energy rates, the state has a well established and reliable electric grid, reducing the chances of unplanned outages which can be costly for mining operations requiring 24/7 uptime.
North Carolina has shown a relatively open stance towards blockchain and cryptocurrency businesses. Non-restrictive regulations allow us to operate without excessive red tape.
PARAGUAY
Expected Energy Rates: $0.04 - $0.05 per Kilowatt Hour
VP of Operations at Mining Automatic, Yousef Younis, at the Paraguay facility
Famed for its incredible economical energy costs due to hydropower dominance and beneficial local regulations fostering cryptocurrency operations, the country was a prime location to choose for one of our crypto-mining facilities.
In addition to this, a synergistic partnership with the government of Paraguay helps to ensure stability and growth with minimal hurdles.
COMING SOON: TEXAS
Expected Energy Rates: $0.05 - $0.06 per Kilowatt Hour
These estimates are based on a Bitcoin price of ~$30,000USD. Looking back retroactively, blended over a bear & bull cycle, returns can exceed 8 - 15%/month.
