Payouts come from the mining pool that you choose to use. Typically, the miners connected to that pool will provide a username that is the wallet address for the currency you choose to mine. You just need to make sure that you have configured a wallet address in your user account for the currency you choose to mine. We will make sure that the miner is configured properly to tell the pool your wallet address.
Payout timing and amounts are configured via the mining pool you choose. Each pool handles this in their own way, and you should consult the mining pool.
Most currencies have easily accessible mining calculators online.
Today we support Ethereum, Pirl, Monero, and Raven Coin. We are working hard to add more currencies. If you would like to request a currency to be prioritized for support, please email us at firstname.lastname@example.org.
The terms of best coin will vary from miner to miner. Some miners look for daily profitability, some look to mine specific coins for expected future value. At the end of the day, the coin mined is a miner’s choice. But sites like whattomine.com are helpful in deciding.
Each mining machine (6 GPUs system) must mine the same coin, but if you have purchased multiple machines each one may mine a different coin.
We do not limit how often you switch. However, you should be aware that some mining pools will delay their first payment.
Mining Equipment Questions:
Cloud mining gives people access to our proven design and cheap power while eliminating the maintenance, noise, heat and power consumption of running a miner at home.
Furthermore, it gives you the potential to scale beyond what you could at home without the pitfalls that many miners go through. But if you’re looking to do large-scale mining and feel that cloud mining isn’t right for you, reach out to us, so we can help ensure that you have a successful operation.
GPUs give you versatility to change what you mine over time. The mining space is a constantly changing world and we need flexibility. ASICs lock us into mining one or a very small number of coins. And with new ASICs coming out all the time we need to control our destiny.
You will have access to your miners via an online portal 24/7/365.
Of course, you can have as many as you want and you have control over each miner, so you can be mining different coins at the same time.
Our data center is located in the greater Salt Lake City area.
New School Mining guarantees as 98% uptime on an annual basis.
We typically get accounts setup in 24 hours or less.