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Overview on Current Bitcoin Trend
The recent drop in Bitcoin value had left almost everyone astounded. Some say it is the end for Bitcoin while others see this as an opportune moment to accumulate and get ready for the big rise. Splitt.co mines it because we know its worth.
Take note that on December 2017, it took Bitcoin less than 3 weeks to double its value and a similar trend for 2018 is being predicted by known analysts - saying that such fluctuations are to be expected from an industry that has a market capitalization of $300 billion which is projected that one day, it is going to rise to $20 trillion.
With such potential, keeping BTCs and other coins inside wallets will not make it grow. One has to look for ways to make money work for you during these trying times and this is where Splitt.co comes in.
If an investor took a chance in Dynamic Cloud Mining a month ago, then it would have protected his finances from the recent downtrend and continuously make profits.
But how can Mining still be profitable for Splitt?
“There are numerous factors involved”, says Mr. Kim Lee, CTO of Splitt. “We use advantage of overcapacity in power-producing part to arrange rates as low. Even if mining revenues are decreasing because of falling prices, the S9 performance creates a situation where mining pools are still profitable, considering an average electricity cost of $0,06/kWh. The computers used in mining aren’t expected to last more than two years and the other equipment involved is relatively cheap. We can move it easily.”
After negotiating with governments and negotiating data center costs, consulting several management consultants and geologists, we recently decided to extend mining location to Bosnia and Iceland as we leased data centers for 3-month contract and it will be available only for Dynamic Cloud Mining Plans with no change for user/investor - just more profitable for Splitt in terms of energy saving costs.
Rest assured that with all that is happening, Splitt Team continues to focus more on the solution to make Financial Freedom not only a dream - but a Definite Reality!
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