Hello there,

our prices as of today 08.05.2023 :

                                 
                        Price per Miner (incl. Shipping costs & Customs Duties & Setup Fee's)         
Manufacturer   Type   TH / MH   Power W/TH   Condition   Algorithm   Availability   MOQ   USA*   Russia**   Paraguay***   Venezuela****
MICROBT   Whatsminer M30S++   100   31W             New   SHA-256   In stock   20   $1,958   $2,244   $2,354           $2,552
MICROBT   Whatsminer M30S++   106   31W             New   SHA-256   In stock   20   $2,145   $2,464   $2,541           $2,739
MICROBT   Whatsminer M50   118   28W             New   SHA-256   In stock   20   $2,640   $3,036   $3,150           $3,366
MICROBT   Whatsminer M50   120   28W             New   SHA-256   In stock   20   $2,805   $3,234   $3,308           $3,531
BITMAIN   Antminer S19XP           141   21.5W     New   SHA-256   In stock   10   $4,961   $5,720   -                   $5,819
BITMAIN   Antminer S19XP           134   21.5W     New   SHA-256   Sold out   10   -   -   -   -
BITMAIN   Antminer S19jPro   100   29.5W     New   SHA-256   In stock   20   $2,123   $2,442   -                   $2,717
BITMAIN   Antminer S19jPro   104   29.5W     New   SHA-256   In stock   20   $2,233   -   -                           $2,827
BITMAIN   Antminer S19jPro+   120   27.5W     New   SHA-256   In stock   20   $2,585   $2,970   -                   $3,311
CANAAN   Avalon 1246 90TH   90   38W             New   SHA-256   In stock   100   -           $1,485   -   -
MICROBT   Whatsminer M50   120   29W             New   SHA-256   In stock   20   -           $3,077   -   -
MICROBT   Whatsminer M30S++   104   31W             New   SHA-257   In stock   20   -           $2,321   -   -
BITMAIN   Antminer S19jPro   104   29.5W     New   SHA-256   In stock   20   -           $2,594   -   -
BITMAIN   Antminer S19jPro+   122   27.5W     New   SHA-256   sold out   20   -   -   -   -
BITMAIN   Antminer L7   8550   -                     New   SCRYPT   In stock   10   $6,864   $8,096   -   -
BITMAIN   Antminer L7   8800   -                     New   SCRYPT   In stock   10   $6,468   $7,612   -   -
BITMAIN   Antminer L7   9050   -                     New   SCRYPT   In stock   10   $6,864   $8,096   -   -
BITMAIN   Antminer  KA3   166   -                     New   KADENA   In stock   10   $11,880   $13,651   -   -
BITMAIN   Antminer K7   63.5   -                     New   EAGLESONG   In stock   10   $8,250   $9,438   -   -
                                 
* USA:   USD 7.5 ct per kw/h, Deposit: 2 months of consumption                              
** Russia:   USD 4.4 / 5.9 ct per kw/h, Deposit: 1 month of consumption               Special Deal - Fast Deployment Option (within 3 days)               
*** Paraguay:   USD 5.9 ct per kw/h, Deposit: 1 month of consumption                              
**** Venezuela:   USD 4.8 ct per kw/h, Deposit: 1 month of consumption                              
                                 
Disclaimer: The price is based on the latest market information that gets checked every day and is not guaranteed. Exchange rate, hardware prices, as well as availability may change several times a day. Please contact our sales team to verify availability and pricing. In order to secure prices and equipment quantities, it is important to make the payment on the same day, which is why we recommend our customers to pay by USDT or USDC.                                 
                                 
                                 

More information on our website:
BTC https://www.jbgsmining.com/en

Source of this article: https://www.jbgsmining.com/en/post/bhutan-s-secret-crypto-investments-a-game-changing-strategy-for-small-nations

The Himalayan kingdom of Bhutan, known for its Gross National Happiness Index and largely agriculture-based economy, has been secretly investing millions of dollars in cryptocurrencies like Bitcoin and Ethereum. The investments were revealed through the bankruptcy filings of crypto lenders BlockFi and Celsius. This revelation raises questions about the reclusive nation's relationship to the turbulent crypto economy and could indicate a game-changing strategy for smaller nations seeking to gain an edge in the financial world.

According to court documents, Bhutan's $2.9 billion sovereign investment arm, Druk Holding & Investments, was a customer of BlockFi and Celsius, which it never publicly disclosed. In recent months, Druk withdrew over $65 million and deposited nearly $18 million in digital assets through Celsius. While the source and purpose of these funds remain unknown, these investments seem like a curious move for a holding company focused on promoting domestic ventures.

This secretive crypto investment could indicate a game-changing strategy for smaller nations. It seems to follow a game theoretical point of view where smaller nations and companies are the first to adopt cryptocurrencies, eventually leading to larger nations and corporations following suit. If Druk is indeed a sovereign wealth fund, it would be the first to directly own cryptocurrency, setting a precedent for other nations to follow.

The kingdom of Bhutan has shown interest in the crypto world, hosting a panel of blockchain advocates in 2020 and working with Ripple to pilot a central bank digital currency in 2021. These partnerships suggest that the nation sees potential benefits in embracing the world of cryptocurrencies and blockchain technology.

Bhutan's undisclosed investments in cryptocurrencies could represent a new financial strategy for small nations looking to compete in the global economy. By embracing cryptocurrencies and blockchain technology, Bhutan is following a game theoretical approach, where smaller nations and companies adopt new technologies before larger ones. As more countries and institutions recognize the potential benefits of cryptocurrencies, the trend could ultimately lead to widespread adoption and significant changes to the global financial landscape.



TL;DR:

Bhutan has been secretly investing millions of dollars in cryptocurrencies like Bitcoin and Ethereum, revealed through the bankruptcy filings of BlockFi and Celsius.

These investments could indicate a game-changing strategy for small nations, following a game theoretical point where smaller nations and companies adopt cryptocurrencies before larger ones.

Bhutan has shown interest in the crypto world, partnering with Ripple for a central bank digital currency pilot program and hosting blockchain advocates in 2020.

This trend could ultimately lead to widespread adoption of cryptocurrencies and significant changes to the global financial landscape.

Hello fellow Bitcoin enthusiasts! Our company is interested in partnering with another Bitcoin company to help grow our businesses together. We believe that a partnership would be mutually beneficial and allow us to offer more value to our customers. If you are interested in discussing a potential partnership, please feel free to reach out to us via the dm's or our email adress: info@jbgsmining.com . We look forward to hearing from you!

Hello guys I wrote this article. Read it here for better formatting:
https://www.jbgsmining.com/en/post/central-african-republic-drops-bitcoin-as-legal-tender

In April 2022, the Central African Republic (CAR) introduced Bitcoin as legal tender, aiming to position itself as one of the "bravest and most visionary countries in the world." However, just one year later, the country has reversed its decision and passed a new law restricting the use of cryptocurrencies once again.

The CAR is one of the poorest countries in the world, struggling with numerous challenges such as political instability, crumbling infrastructure, and food shortages. Nevertheless, last year, the country decided to introduce Bitcoin as legal tender, following El Salvador as the second nation to take this bold step. However, the move generated little interest as most business owners preferred to focus on improving infrastructure and security.

From the very beginning, the introduction of Bitcoin as legal tender was met with skepticism, not least because of the CAR's close ties with Russia and suspicions that the use of cryptocurrencies could serve to circumvent sanctions. Additionally, the United Nations warned that cryptocurrencies in developing countries could be associated with high risks and costs.
Now, the Central African Republic has reversed its decision and repealed the original law. Instead, a new law has been enacted, designating Bitcoin and other cryptocurrencies as reference values that citizens can voluntarily use or accept as payment.

The failure of the Bitcoin project in the CAR can be attributed primarily to the country's economic situation and lack of development. From the outset of the Bitcoin introduction, there were strong doubts about the project's success, as only about ten percent of the population had access to the internet. Furthermore, the promised economic benefits never materialized, and planned projects like building a Bitcoin city or launching their own cryptocurrency stalled.

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✔️ Kaufoptionen: Kaufen Sie mindestens 10 ASIC-Miner zu attraktiven Preisen.
✔️ Ein Jahr Herstellergarantie: Sorgenfreiheit dank einer umfassenden Garantie, die alle Reparaturkosten (außer Versandkosten) abdeckt.
✔️ Hosting-Only-Service für 50+ Maschinen verfügbar
✔️ 95% Betriebszeit: Unser Expertenteam überwacht und wartet Ihre Geräte, um eine hohe Betriebszeit zu gewährleisten.
✔️ Transparente Preisgestaltung: Bezahlen Sie für Strom, Wartung und Servicekosten auf Grundlage des tatsächlichen Stromverbrauchs.
✔️ Flexible Zahlungsmöglichkeiten: USDT, USDC oder USD werden akzeptiert.
✔️ Zügige Reparaturen: Unser professionelles Team bietet kostengünstige Reparaturdienste.
✔️ Keine Einrichtungs- und Deinstallationskosten für ein nahtloses Erlebnis.
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Verfügbare Hosting-Standorte und Strompreise:

Venezuela: USD 4,8 ct pro kw/h (Jetzt anfordern!)
Russland: USD 4,4/5,9 ct pro kw/h (Jetzt anfordern!)
Paraguay: USD 5,9 ct pro kw/h (Jetzt anfordern!)
Verpassen Sie nicht diese großartige Gelegenheit, um in das Krypto-Mining einzusteigen oder Ihre bestehenden Mining-Operationen zu erweitern. Bei Fragen oder weiteren Informationen stehen wir Ihnen gerne zur Verfügung. Jetzt anfordern und profitieren!

mehr informationen unter: https://www.jbgsmining.com/hosting-locations

Hello guys,

I summarized Yan Swan's post about some interesting use cases of bitcoin.
(Source: https://twitter.com/skwp/status/1335627973915971592)

Better formatting of this article here:
https://www.jbgsmining.com/en/post/bitcoin-has-no-use-case

Bitcoin began as a controversial digital currency but has since grown into a powerful technology impacting multiple sectors. Its ability to address global challenges is increasingly clear. In this article, we dive into captivating examples that demonstrate how Bitcoin is revolutionizing industries and tackling pressing concerns.

Energy and Environment:
Tackling gas flaring with Bitcoin mining, Equinor, a Norwegian energy behemoth, has devised a groundbreaking approach to reduce harmful emissions by harnessing excess gas for Bitcoin mining (Nasdaq). This ingenious strategy not only curtails environmental damage but also optimizes resource utilization.
A creative solution to mitigate methane emissions, Bitcoin mining converts this potent greenhouse gas into electricity, thus simultaneously tackling climate change and generating valuable cryptocurrency (Bitcoin Magazine).
In a small Guatemalan town, an eco-friendly method of mining Bitcoin using waste oil from restaurants has emerged (Bitcoin Magazine). This innovative initiative guarantees a sustainable energy source while minimizing waste.
However, controversy brews as Bitcoin mining infiltrates the Democratic Republic of Congo's Virunga National Park (MIT Technology Review). While some argue that it offers alternative revenue streams for the park, others raise the alarm about the potential environmental risks.

International Trade and Commerce
In an audacious move to bypass international sanctions, Iran plans to employ Bitcoin to import essential goods (Asia Times). This showcases the versatility and resilience of cryptocurrencies in addressing economic challenges.
As a lifeline for many Latin Americans, especially Venezuelans suffering from hyperinflation and political instability, Bitcoin trading has surged dramatically (Medium). The digital currency provides a stable store of value in turbulent times.
Across Africa, Bitcoin adoption is on the rise, facilitating cross-border trade, remittances, and hedging against currency devaluation (Reuters). As a result, digital currency breaks down barriers, enabling smoother financial transactions across the continent.


Energy Companies and Bitcoin Mining
Major US oil and gas company, ConocoPhillips, has found a lucrative way to capitalize on excess natural gas by selling it to Bitcoin miners in North Dakota (CNBC). This move promotes resource efficiency while generating additional revenue.
In a pioneering collaboration, Exxon has joined forces with Crusoe Energy Systems to mine Bitcoin using surplus natural gas in North Dakota's Bakken region ([CNBC](https://www.c[Suspicious link removed]m/2022/03/26/exxon-mining-bitcoin-with-crusoe-energy-in-north-dakota-bakken-region.html)). This partnership underscores how traditional energy companies are embracing digital currencies and adopting groundbreaking strategies.
In an unorthodox proposal, Ukraine contemplates utilizing its nuclear power plants for cryptocurrency mining (The Block). This approach could potentially unlock a new revenue source for the nation's energy sector.

Companies Investing in Bitcoin
Undaunted by risk, business intelligence firm MicroStrategy has made a substantial investment in Bitcoin, referring to it as a "cash melting ice cube" (Seeking Alpha). This audacious move highlights the growing allure of digital currencies for traditional businesses.
Leading financial services company Square has demonstrated its commitment to digital currencies by investing $50 million in Bitcoin (Square). This investment signals the firm's faith in the future of cryptocurrencies.
Deserving of more attention, Paxful, a peer-to-peer Bitcoin marketplace, revolutionizes financial inclusion for unbanked and underbanked populations worldwide (Medium). By offering an accessible and user-friendly platform for buying, selling, and trading Bitcoin, Paxful empowers individuals to participate in the global economy.

Conclusion:
Through its multifaceted utility, Bitcoin is dramatically reshaping industries, economies, and societies around the world. From combating greenhouse gas emissions to streamlining international trade, the digital currency's transformative potential is evident across a myriad of sectors. In an increasingly interconnected and digital world, it is crucial to recognize and embrace the innovative possibilities that Bitcoin offers. By understanding the countless ways in which Bitcoin is utilized, we can better appreciate its role in sculpting our future.

In der heutigen Zeit sind immer mehr Menschen auf der Suche nach Möglichkeiten, passives Einkommen zu generieren. Eine der vielversprechendsten Methoden ist das Bitcoin Mining. In diesem Blogbeitrag möchten wir ein konkretes Beispiel vorstellen und die potenzielle Rentabilität eines solchen Investments analysieren.


Zunächst einmal, was ist Bitcoin Mining? Mining ist der Prozess, bei dem neue Bitcoins erzeugt und Transaktionen im Bitcoin-Netzwerk bestätigt werden. Miner stellen ihre Rechenleistung zur Verfügung, um komplexe mathematische Probleme zu lösen, und werden dafür mit neuen Bitcoins und Transaktionsgebühren belohnt.


Nun zum Beispiel: Angenommen, man investiert $51.480 in 20 WhatsMiner M50, die jeweils einen Preis von $2.574 (Preis stand 16.04.2023, aktuelle Preise können Sie über unser Kontaktformular anfordern: https://www.jbgsmining.com/en/kontakt) haben. Laut dem Szenario würden diese Miner monatlich einen Profit von $4.715,09 erwirtschaften, wenn sie in einer Hosting-Facility mit einem Strompreis von 4,4 Cent pro Kilowattstunde betrieben werden.
(Quelle: https://www.nicehash.com/profitability-calculator/microbt-whatsminer-m50)


Um den Return on Investment (ROI) zu berechnen, teilen wir den monatlichen Gewinn durch die gesamte Investitionssumme und multiplizieren das Ergebnis mit 100, um einen Prozentsatz zu erhalten:

ROI = ($4.715,09 / $51.480) * 100 = 9,16%

Dies bedeutet, dass man mit diesem Beispiel innerhalb eines Monats etwa 9,16% seines Investments zurückverdienen würde. Bei gleichbleibender Profitabilität würde es etwa 10,9 Monate dauern, um die gesamte Investitionssumme wieder hereinzuholen. Es ist wichtig zu beachten, dass dies nur eine Schätzung ist und die tatsächlichen Ergebnisse variieren können, abhängig von verschiedenen Faktoren wie Schwankungen im Bitcoin-Preis oder der Mining-Schwierigkeit.

   Ein entscheidender Faktor für die Profitabilität des Bitcoin Minings ist der Strompreis. Je günstiger der Strom, desto höher die mögliche Rendite. Daher ist es ratsam, sich nach Hosting-Facilities umzusehen, die günstige Strompreise anbieten.
(günstige Locations gibt es hier: https://www.jbgsmining.com/en/hosting-locations)

Abschließend lässt sich sagen, dass Bitcoin Mining eine interessante Möglichkeit darstellt, passives Einkommen zu erzielen. Mit der richtigen Ausrüstung und einem günstigen Strompreis kann man unter Umständen attraktive Renditen erwirtschaften. Allerdings ist es wichtig, sich über die Risiken und möglichen Schwankungen im Klaren zu sein und das Investment sorgfältig abzuwägen, bevor man sich in das Abenteuer Bitcoin Mining stürzt.

Quelle:
https://www.jbgsmining.com/post/passives-einkommen-durch-bitcoin-mining-eine-attraktive-investitionsmöglichkeit

In this day and age, more and more people are looking for ways to generate passive income. One of the most promising methods is Bitcoin mining. In this blog post, we would like to present a concrete example and analyse the potential profitability of such an investment.

First of all, what is Bitcoin mining? Mining is the process of generating new Bitcoins and confirming transactions on the Bitcoin network. Miners provide their computing power to solve complex mathematical problems and are rewarded with new Bitcoins and transaction fees.

Now for an example: Let's say you invest $51,480 in 20 WhatsMiner M50s, each with a price of $2,574 (price as of 16.04.2023, current prices can be requested via our contact form: https://www.jbgsmining.com/en/kontakt). According to the scenario, these miners would generate a monthly profit of $4,715.09 when operated in a hosting facility with an electricity price of 4.4 cents per kilowatt hour.
(source: https://www.nicehash.com/profitability-calculator/microbt-whatsminer-m50)

To calculate the return on investment (ROI), we divide the monthly profit by the total investment amount and multiply the result by 100 to get a percentage:
ROI = ($4,715.09 / $51,480) * 100 = 9.16%.
This means that with this example, you would earn back about 9.16% of your investment within one month. If profitability remained the same, it would take about 10.9 months to recoup the entire investment amount. It is important to note that this is only an estimate and the actual results may vary depending on various factors such as fluctuations in the bitcoin price or mining difficulty.
   A crucial factor in the profitability of Bitcoin mining is the price of electricity. The cheaper the electricity, the higher the potential return. Therefore, it is advisable to look for hosting facilities that offer cheap electricity prices.
(cheap locations can be found here: https://www.jbgsmining.com/en/hosting-locations)
In conclusion, Bitcoin mining is an interesting way to earn passive income. With the right equipment and a favourable electricity price, it may be possible to earn attractive returns. However, it is important to be aware of the risks and possible fluctuations and to weigh the investment carefully before jumping into the Bitcoin mining adventure.

As we dive deeper into the fascinating world of Bitcoin, we cannot help but wonder what a future in which the Bitcoin standard is widely adopted would look like. Such a scenario would undoubtedly be utopian, and one can only imagine the myriad changes that would occur in the global economic landscape.
First of all, the decentralised and immutable nature of the Bitcoin blockchain would completely transform the financial sector. The need for traditional banking institutions and their associated fees would be greatly reduced, if not eliminated altogether. This would give people unprecedented control over their finances and enable them to transact with anyone anywhere in the world without the need for intermediaries.

Furthermore, with Bitcoin's limited supply, inflation would also become a thing of the past. Unlike fiat currencies, which can be printed in unlimited quantities, Bitcoin's supply is limited to 21 million coins. This would lead to greater stability in the global economy, as the value of Bitcoin would be more predictable and not subject to the whims of governments or central banks.

Another major advantage of the Bitcoin standard is that it would significantly reduce the financing of wars and other conflicts. Currently, governments can finance wars by printing money, which leads to inflation and a devaluation of their currency. However, with a limited supply of Bitcoin, governments could not simply print more money to finance their wars. This would make wars less fundable and less likely, leading to a more peaceful world.

Finally, the introduction of the Bitcoin standard would lead to more financial inclusion, especially in developing countries. As traditional banking systems are often inaccessible or unreliable in many parts of the world, the decentralised nature of Bitcoin would provide people with a reliable and accessible means of transacting, even in areas where banks do not exist.

In summary, a future in which the Bitcoin standard is widely used may seem like utopia, but it is not entirely out of the realm of possibility. The many benefits of a decentralised financial system are too great to ignore, and as more people become aware of Bitcoin's power and potential, we could see a gradual shift towards a fairer and more balanced global economic landscape.

Hello guys I wrote this blog post: https://www.jbgsmining.com/en/post/how-bitcoin-could-revolutionize-the-world-economy
What do you think?
What could a future with a Bitcoin standard look like?

Hello fellow Bitcoiners,

we as a company are offering several different hosting services beginning at the very profitable range of 4,4 ct per kwH.

For more information visit my website: https://www.jbgsmining.com/en

Feel free to ask any questions.

Have a nice bull market!