about mining and about companyInvictus Mining
Key people are visible to all of us, we have our registered office in the Czech Republic and we follow the valid legislation.
Due to high network fees, we are forced to introduce a minimum withdrawal limit of 0.1 ETH or 5 ETC.
- Czech Radio - Plus: Document: Cryptocurrency mining in the Czech Republic. We are a great power in the use of virtual money
- Lupa.cz: Karel Fillner a Vladimír Vencálek (Invictus Mining): Jak se v ČR builds blockchain data center for 330 million
- Idnes.cz: Bitcoin is not anonymous, transactions are traceable, said an expert in Rozstřel
We sponsor various conferences and meetups on cryptocurrencies and the future of mining, eg: Future Port Prague, Bitcoin Zlín and others.
We are preparing a new educational project - both web and in the form of lectures (soon).
Upgrading by 1100 servers with compliance with all telecommunications standards.
Yes, you will find the formula in the contract and it is introduced to prevent debates in situations where, for example, our servers would be down or the so-called luck factor was low (ie you would get less than according to the formula).
Therefore, the formula is designed to respect the results of the entire network. Thanks to this, you can verify the accuracy of the data on the extracted cryptocurrency at any time, where the result is not at all dependent on other influences.
There is no easy answer to this question, because the past does not have to prove future profits in any case, and whether mining is profitable also depends on your strategy, how you handle extracted coins, how long you hold them, at what moment you sell them, etc.
In general, we can say that whoever promises you certain profits in such a volatile and generally changing environment as cryptocurrencies, you should take it with great caution. We know that mining is a good way to get cryptocurrencies, but they alone may not be a quick way to get rich.
We can't. As written above, everything is the result of the chosen strategy of dealing with the extracted cryptocurrency, and many unknown factors may come into play that we will not affect.
The answer is very difficult and depends on when you ask. Cryptocurrency and mining are different products with different risk and psychological profiles. Again, it depends on your strategy. Quite often, it is good to combine crypto mining and purchasing cryptocurrency.
If your hobby will be building HW and you will take it as fun and you have an ideal direct heat rate… Then it can be good fun :-)
At this point, we are running ETH and ETC mining. We will have a number of other cryptocurrencies available in the future.
Listen to our podcast in czech
The following parts are devoted to the extraction of cryptocurrencies, where everything is explained in more detail