0.19 The lowest electricity price in the entire network hits again! Mars Cloud Mine and three major mines jointly launched an electricity price subsidy action (full version)

At 17:00 on May 27, Mars Cloud Mining teamed up with BitBlue Whale, Yuner Technology, and Jiejie Mining to hold a large-scale mining electricity price concession event in the Mars Blockchain Community, once again launching 1,000 0.19 yuan electricity price slots with the lowest network price, as well as supporting mining machines and packages. At the same time, it released the Mars Cloud Mining Mine Certification Plan and the Mars Cloud Mining "Seven Swords" plan customized for large customers.

Mars Cloud Mining President Shang Silin, BitBlue Whale founder Chen Lei, Yuner Technology founder & CEO Ge Qi, and Jiejie Mining founder Liu Kuan attended the press conference as main guests. Mars Cloud Mining also invited media observation group Wabi.com editor-in-chief & co-founder Zhang Yuan, Lieyun Finance editor-in-chief Wang Xueqing, and Cointelegraph Chinese editor-in-chief Amey to participate.

>>>Click here to grab the M31s 70T ultra-fast payback package.

The following is the original conversation compiled by Mars Cloud Mine:

Mars Cloud Mining joins hands with three major mining farms to support the launch of 1,000 more motors at 0.19 yuan each, and the M31S 70T ultra-fast return package is launched

Shang Silin, President of Mars Cloud Mining:

Hello everyone, I am Shang Silin, President of Mars Cloud Mining. Although many friends are already familiar with Mars Cloud Mining, let me give you a brief introduction.

Mars Cloud Mining is a one-stop physical mining machine computing power service platform under Mars Finance. We provide a series of services including one-click hosting, strict selection of mining machines, compliance and trustworthiness, and ultra-low electricity prices, allowing users to reap the benefits.

Mars Cloud Mining (computing power financial services), Mars Finance (information and market services), and Mars Trading Master (trading and investment advisory services) will become the three major tools of Mars digital asset investment and financial services, referred to as the Mars three-piece set.

Personally, I have worked in the media industry for 10 years and venture capital for 3 years. In the past two years, I have been assisting Wang Feng in some work on the ecological layout of Mars. But in recent months, my only identity is the spokesperson for the new miners.

One month ago, before the third Bitcoin halving, Mars Cloud Mining took the lead in launching the lowest hydropower price of 0.19 in the entire network in the form of subsidies, reducing the cost of Bitcoin mining to around US$6,500.

This price is unattainable even for many large-scale miners with thousands of units, but customers of Mars Cloud Mining can place orders starting from one unit.

We are also fortunate to have received widespread support from our customers, with thousands of investors becoming new miners with Mars Cloud Mining. As the saying goes, a little bit of effort makes a lot, and a little bit of effort makes a pile. I believe these new miners will become an active force in the mining circle.

Today, we are back again.

We have teamed up with the first batch of Mars Cloud Mining certified mines, Yuner, Bit Blue Whale, and Jiejie Mining, to once again launch an electricity price subsidy campaign, providing 1,000 mining positions at 0.19 yuan during the flood season, and continue to promote the lowest price and fastest return on investment mining package on the entire network.

At the same time, we have officially launched the customized "Seven Swords" plan for large customers. In addition to reserving a certain number of seats for C-end users, we have fully opened our lowest mining electricity price resources to large customers.

After we launched the 0.19 electricity price, some mining farms also approached us to offer lower electricity prices, but we did not adopt them after field investigation. Today, we also grandly launched the Mars Cloud Mine Certified Mine Program, publicly disclosed our mine selection criteria, made the mining supply chain more transparent, and hoped to use the traffic and brand of Mars Finance and Mars Cloud Mine to support the development and growth of professional and credible mining farm brands.

I have been in Chengdu these days, and many friends asked me a question: why is the electricity price so low?

First of all, we see that now is a rare window period to enter the mining market. This is a godsend opportunity for the newly started Mars Cloud Mining. We also want our customers to seize the opportunity with us.

Yesterday I participated in a discussion with Shenyu, and he mentioned that the miners who actually made money in mining were those who survived the bear market or entered the market at the bottom. Conversely, those who lost money entered the market at a high level.

Let me give you a few examples. At the end of 2017, the price of Bitcoin was 19,000 US dollars. At that time, the mainstream mining machine Bitmain's S9 was priced at more than 30,000 RMB, and the payback period was less than two months. However, many people who entered at the peak had high-priced mining machines, and when they saw the rapid decline in the price of the currency and the price of the mining machine, they died on the top of the mountain.

By the end of 2018, the price of Bitcoin fell to $3,150, and the price of S9 mining machines reached RMB 500. Even so, the payback period at that time was close to one year. Looking back now, those who bought at the bottom at that time soon ushered in a small bull market and earned 2-4 times the profit.

Now is the window of opportunity again.

Because of the impact of the overall economic environment, the Bitcoin halving factor, and the arrival of the flood season, even though the coin price has returned to its high before 312, the cost of mining - mining machines and electricity prices - is still at a historical low.

Entering in this situation is equivalent to locking in the price of Bitcoin for the next 2-4 years at a low cost, which is more cost-effective than buying coins in the secondary market. Moreover, because mining is a long-term and stable way to obtain low-priced Bitcoin, it also helps investors to hoard more Bitcoin and reduce short-term volatility risks.

At present, the overall electricity price during the flood season has dropped by about 15% compared with previous years, and the general mine hosting electricity price is about 0.23 yuan/kWh. In order to dispel the concerns of new miners and accelerate the return on investment, we have joined hands with the leading mines in the industry. Under the premise of ensuring the provision of stable and reliable electricity, we have reduced the initial investment of new miners to the lowest in the industry through cloud mining subsidies.

Our quick return package includes: carefully selected affordable new mining machines with the best cost-effectiveness in the market, 0.19 electricity price in the flood season + 0.35 electricity price in the dry season, and 0 management fee for the entire mining cycle. I will ask my colleagues to introduce the specific situation to you. Before the miners recover their costs, the platform not only does not make money, but also subsidizes electricity bills.

We have to thank the previous bear market for giving us the conditions to organize resources to do this. We are also grateful to the three major mining farms for having the vision to give benefits to the new miners during this window period.

Sun Yao, Research Director of Mars Cloud Mining:

Let me briefly introduce the new member of the "0.19 yuan electricity price" series, which is also the first batch of mining machines in these 1,000 positions, the M31s 70T. This mining machine has basically the same power consumption as the previously launched M20s, but has a slight increase in computing power, and the energy efficiency ratio has reached 46W/T, making mining more efficient.

You may have heard of the 0.19 yuan electricity price quick payback package before. It has three very attractive selling points: 1) The year-round subsidized electricity price, from 0.22 yuan per kilowatt-hour for large customers during the flood season, subsidized to 0.19 yuan per kilowatt-hour, the lowest price in the industry; from the thermal power price of 0.38 yuan per kilowatt-hour; 2) Exemption of operating and maintenance fees during the life cycle of the entire package; 3) Extremely low prices for mining machines.

Let's do a simple calculation. If you use M31s 70T to run the whole year with thermal power of 0.38 yuan/kWh, then in the three-year life cycle of the mining machine, the electricity cost will exceed 30,000 yuan, accounting for more than 75% of the total cost. If you purchase our fast return package, M31s will save 0.03 yuan/kWh of electricity price throughout the year, which is equivalent to a discount of 900 yuan per year, saving 2,700 yuan in electricity cost in three years, and the electricity price is only 0.19 yuan during the flood season, which is very suitable for rapid return.

According to our estimates, with the current low coin price, it will only take about 400 days to recover your investment. After that, the BTC you mine will be your pure profit, and you will also have your own mining machine .

At this point, I want to explain briefly. We saw that the difficulty of the Bitcoin network dropped from 16.10T to 15.14T on May 20, a few days ago. The difficulty dropped by 6%, and the theoretical mining machine capacity per ton increased by 6.34%. However, we also saw that the average value of the total network computing power during the adjustment was 108.19 EH/s, and the current network computing power is about 90EH/s, so we calculated that there is at least 20% room for the short-term computing power to increase, that is, the capacity per ton to reach 0.00001 (PPS) and 0.000011 (FPPS) is completely achievable in the short term.

Back to the package, with our hard work and subsidies, each mining machine can mine 16,000 yuan of BTC per year, and the electricity bill is less than 8,000 yuan. The net profit is considerable and the payback is fast.

Of course, the operation of the entire product relies heavily on the generous subsidies from Mars Cloud Mining. So after the return on investment, we will redistribute the profits with users according to the package model. Unlike several other mining service providers, users can get most of the 70% of the net profit from mining, while we only take 30%. Users can get at least 11,000 yuan in net income + 1 mining machine in 3 years. This is calculated based on the price of 8,800 US dollars. If Bitcoin rises, both the user's net income and the mining machine can enjoy the appreciation brought by the rise.

We have quietly started selling M31s a few days ago, and many big customers have contacted us privately to purchase. Here are a few big orders.

Chen Lei, founder of BitBlue Whale: Hello everyone, let me give you a brief introduction. BitBlue Whale focuses on serving customers, and providing stable and reliable self-operated mining farms is its core capability. It is well-known in the industry for providing high-security and responsible commitments, and is deeply trusted by manufacturers and institutional customers. In order to strongly support Mars Cloud Mining, we have arranged a highly stable direct-supply power mining farm, using self-sustaining computing power to reserve seats for friends on Mars. The mining farm is located in the key hydropower basin of Sichuan, with reliable infrastructure and a good power supply record in previous years.

Yuner Technology Founder & CEO Ge Qi: Hello everyone, I am Ge Qi, the founder of Yuner Technology. Since 2016, Yuner Technology has invested in the construction of 4 big data centers and industrial parks in Yunnan, Inner Mongolia and other provinces and cities, with a total investment of more than 300 million yuan, which can provide 110,000 seats and a total load of 250,000. Among them, the cloud computing center located in Ordos Industrial Park was jointly built by Yuner and a well-known state-owned enterprise. The single load of the cloud computing center reaches 150,000 loads, with an investment of more than 100 million yuan.

Our mines are mainly concentrated in Inner Mongolia and Yunnan. Our activities are mainly in our hydropower mines in Yunnan. We have three main sites in Yunnan, namely in Zhaotong, Yingjiang and Xunjiansi.

Liu Kuan, founder of Jiejie Mining: Hello everyone, I am Liu Kuan, the founder of Jiejie Mining. Let me briefly introduce myself. Jiejie Mining’s main business in the past was the wholesale of mining machines. I entered the mining circle as a newcomer in this industry in March 2017, and have been engaged in mining machine sales and mining farm hosting. I only had my own mine in early 2019. I learned a lot from my predecessors in the mining field and provided stable and reliable self-operated mines. This time, in order to strongly support Mars Cloud Mining, we have arranged a highly stable direct-supply power mine and used self-sustaining computing power to reserve seats for friends on Mars. Our mine is located in the key hydropower basins of Yunnan and Sichuan!

The "Seven Swords" plan for customized major customers was released

Ted, Business Manager of Mars Cloud Mining: I think each point of the Seven Swords directly hits the vital interests of the customers.

First, we all know that several major mining machine manufacturers have many models of machines, which are divided into many categories based on the size of computing power and power consumption. The price of the machine fluctuates according to the supply and demand of the market, the production capacity of the factory, the price of the currency and other factors. So how do you choose a machine now?

Mars Cloud Mining keeps in communication and information synchronization with several major manufacturers and major mining machine dealers at all times. When customers enter the market, we will comprehensively consider the above points to help customers choose the most cost-effective machines at the moment. These machine models generally meet several requirements: 1. The lowest price per T among products of the same level; 2. The highest yield rate among products of the same batch; 3. The best market feedback and sufficient production capacity; 4. The shutdown price after halving is extremely low and the risk factor is the lowest. In short, it is based on market feedback and information aggregation to screen and consider for customers from all aspects. At present, we have indeed compared many products, and finally we determined the current models of Shenma M20S and M31S. Currently, the M20S is sold out.

The second point is about mining farms and distributed deployment. Mars Cloud Mining has currently cooperated and certified three mining farm brands, BitBlue Whale, Yuner Technology, and Jiejie Mining. These three should be the world's top mining companies, with many types of mining farms, and excellent construction standards, operation and maintenance standards, and service standards. More importantly, the mining farms of these three mining companies are located in Xinjiang, Yunnan, Sichuan, Inner Mongolia and other places. They work closely with local governments and have almost no major accidents in the past two years. In addition, Mars also has cooperation or maintains close communication with mining farms in Kazakhstan and Iran.

At present, the mines that Mars Cloud Mining cooperates with are distributed in various regions, covering 3 countries, 6 major regions, and hundreds of separate mining areas. We have been on the road to inspect these places from October last year to April this year. Later, we found that no matter how good the mine is, there will be a certain risk of power outages due to force majeure such as weather and equipment. Therefore, we will host the customer's mining machines in different regions and different mining areas to deal with the centralized power outage crisis, minimize the customer's losses, and control the risk to the lowest. It is worth mentioning that although it is distributed, the management is centralized. Customers can collect their mining income uniformly through Mars Cloud Mining.

The third point is the migration of water and fire. This is easy to understand. We will transport customers' machines from thermal power to hydropower mines from May 25 to the end of October every year according to the season, if conditions permit, to reduce mining costs. Before that, we will also consider many issues, such as transportation, weather, machine transportation losses, new policies and other factors, to see if it is cost-effective to move there. If it is cost-effective, we will provide full-process services from packaging and transportation to putting the machine on the shelf and starting it. Whether to migrate or not, we must go through strict risk estimation and profit actuarial calculation. This requires very professional calculations, and we will help our customers strictly control it.

The fourth point is 7*24 hours real-time monitoring, which is literally what it means. In the future, all our major customers' machines will be equipped with video monitoring, and the operation of the machine can be seen in real time through the Mars Cloud Mining product. This technical partner is working hard to develop it. Many users and friends in the group have asked us for this. Now it is included in the first-level catalog and is being implemented as soon as possible. We will try our best to do whatever customers need.

The fifth point is second-hand mining machines, which are also of great concern to everyone. The rise and fall of mining machine prices in mining investment is directly related to the investor's income and the total income of customers. In certain cases, we will help customers sell their machines according to their wishes to meet the customer's capital circulation and maximize the income. At present, Mars has reached cooperation with dozens of second-hand mining machine dealers, and I believe that the circulation will be completed at the best price. Here, all physical mining machines sold by Yunkuang can issue national unified value-added tax invoices. We will give suggestions and obey the wishes of customers. Get the circulation of second-hand mining machines as soon as possible.

The sixth point is financial services. Based on Mars Trading Master, we help users to do artificial AI high-frequency trading with the mined BTC. All they need is the wallet API, and it is easy to achieve an annualized return of 100%. This is different from the risk of contract quantification. In fact, it is the artificial robot buying low and selling high in the trading background, high-frequency trading. Currently, Cloud Mining and Coco have opened up the BTC depth of the entire network to provide this service. You can earn some money from mining, and the Trading Master will help you earn more, and the customer can just lie down.

The seventh point is the all-round support of the Mars ecosystem. Mars holds an offline summit with thousands of people every year, which should be the top one in the Asia-Pacific region. We gather the most senior predecessors in the industry, the top technicians, and the most experienced investors. We welcome you to participate. At the same time, there are many offline courses for free.

Mars Cloud Mine’s strict selection mine standards released, the first three strict selection mines introduced

Alan, Product Manager of Mars Cloud Mining: Hello everyone, my name is Alan. I am currently responsible for the product and operation of Mars Cloud Mining. Due to my personal work experience, I was responsible for the service delivery of IBM's data centers in Greater China and some data projects in the United States. Therefore, I am now also responsible for Mars Cloud Mining's own and cooperative mine business. Let me briefly introduce Mars Cloud Mining's self-built and cooperative standards for mines.

Mars Cloud Mine conducts a comprehensive inspection and review of all mines that are invested, constructed, or selected for cooperation. Individual inspections and ratings are conducted on everything from the company's financial status, the history of natural disasters in the surrounding area, the mine's building structure, fire protection, earthquake resistance, pipeline design, to telecommunications security and personnel quality. As the most important power resource for the mine, it is also necessary to inspect whether the company's electricity usage is compliant, whether the supply is stable, the power supply method for the computer room, power equipment, and the emergency power supply response capabilities, etc.

For cooperative mine admission applications, Mars Cloud Mine requires the following conditions:

1. Possess land use approval that is compliant, real-name registered, and has a term of more than 5 years;

2. The mine has been running stably for more than two years, the core operation and maintenance team is stable, and has certain on-site maintenance capabilities;

3. The power supply procedures are in compliance with regulations and the electricity bill is settled directly with the power supply company with power sales qualifications. In principle, the high-voltage substation must be self-provided;

4. The annual power availability rate of thermal power mines reaches or exceeds 98%; the power availability rate of Fengshui mines is higher than 90%;

5. The computer room should have a complete design of power, network, and cooling systems. The power system design should have a certain degree of redundancy, the network should have a high-availability architecture, and the hot and cold channels should be reasonably designed to support mainstream high-computing power models;

6. The computer room should have a complete maintenance management system. Personnel access, authority granting, equipment entry and exit, and construction operations should all have a complete workflow. In principle, work logs should be kept for more than 60 days;

7. It has an online management system and emergency response process, which can timely monitor the equipment and computing power input status, computer room temperature and humidity, power load and other information, and can issue real-time alarms and enter the emergency response process when an abnormality occurs;

8. The mine site has not experienced any major typhoons, floods, mudslides, landslides, earthquakes or other geological disasters in the past five years;

9. The location of the mine has certain transportation conditions and is within a 2-hour drive from the nearest central urban area of ​​a prefecture-level city or above in principle.

Ge Qi: The industry is currently in its infancy and there are many different types of players. The industry has not formed a standardized and professional system. There may be problems in every link of the industry. The mining farm is like a black box for miners. The only way for miners to know the status of the mining farm is the mining pool. The mining pool itself has a series of problems such as data delay, computing power merger, and the difference between the computing power of the mining machine and the computing power of the mining pool. How to jump out of this black box is a very urgent need for miners.

Of course, this also requires miners to have an awareness of asset management. I have met many miners who went to the mine and could not confirm whether the mining machines they saw were their own. Opaqueness, insecurity, lack of trust, non-compliance, and power shortages are all common problems in the mining industry today.

Since I founded Yuner, the industry standards have been the core of my strict control. Only industry standardization can ensure the health of the industry ecology and future development. For a good mining farm, I think the most important thing is compliance and transparency. Only by achieving these two points can we guarantee users.

First, infrastructure compliance: Since the land, buildings, electricity and other facilities are all formally approved and self-built, the stability and security of the supercomputing center are ensured;

Second, operational compliance: All businesses are based on public business. Take Yuner as an example. The operation and maintenance team are all from domestic first-tier Internet companies. We have also initiated and formulated mining management specifications based on the actual situation of the industry, covering an integrated standard model from construction to management to safety to operation;

Third, the electricity price is reasonable: As we all know, the electricity in the industry is mainly composed of thermal power and hydropower. The relevant prices and operating cycles are very transparent. If it is significantly lower than the market price, it is generally necessary to consider it carefully. Miners and mines need to survive. I believe that there is no way to sell at a loss. The wool comes from the sheep. Everyone can think more about this aspect;

Fourth, data visualization: Taking Yuner as an example, we have invested nearly 20 people in a research and development team dedicated to the research and development of smart operation platforms. The team members are all from first-tier Internet companies such as BAT. We have independently developed a set of smart management platforms based on mining. The platform has been running stably for more than one year. Currently, there are nearly 200,000 supercomputing servers managed by the platform. The status of all mining machines is transparently displayed to customers, meeting the compliance requirements of funds, traditional financial institutions and other institutions. All data are managed visually and automatically reported according to the requirements of the institutions.

Chen Lei: I personally think that there are two indispensable standards for a good mine. The first is stable power supply. Regardless of upstream resources, equipment and facilities, external relations, etc., stable power supply must be ensured. The second is reliable people. A professional, reliable and guaranteed team is also very important.

Our Blue Whale data team continues to track compliance issues in the global computing power market and has studied many mining farms that have had accidents. We are deeply touched that there is no unified policy and implementation standard for mining farms, and each mining farm has its own discussion. From the customer's perspective, if you want to ensure that the mining farm is reliable, in addition to what Mr. Ge just summarized, I think risk control and disaster recovery capabilities are also very important. We at Blue Whale always maintain thousands of self-owned equipment, and each mining farm has room to ensure that if something unexpected happens, we can transfer immediately. At the same time, we can provide real-time computing power compensation for institutional customers. In addition, we are the only service provider in the industry that insists on providing computing power compensation, and we must be responsible for our promises.

A professional and reliable team is reflected in many details, such as whether they are grateful to customers, whether they respond with all their strength, and whether they are ready to sacrifice their own interests to keep each other warm and strive for survival and development space for customers. This is what we have been working towards.

That is why we can proudly say that most of the cloud computing platforms in this industry are our customers. Many manufacturers and institutions have order-based contracts with us and do not conduct due diligence.

I feel that Mars’ values ​​are very consistent with ours and it always considers its customers. We are honored that Mars chose us as its service provider.

Let me briefly introduce our business and the mines we have prepared for this event:

1. BitBlue Whale has been focusing on the mining industry chain for many years. It currently has seven self-operated and managed data centers in China and Kazakhstan, with a total load of more than 400,000 KW and managed machines maintained at more than 100,000 levels. Among them, Inner Mongolia, Xinjiang and Yunnan all have high-standard State Grid electricity compliance rooms with a capacity of more than 100,000 KW throughout the year.

2. The Fengshui mine supporting Mars has been operating stably for more than two years; the power supply source of the project is directly supplied by the power station in the reservoir area, and the 110 substation is built by itself to fully guarantee the stability of power supply. The high-voltage part of the project is equipped with a high-specification central control room, full intelligent system management, and a real-time monitoring system to ensure the safety and reliability of power supply. The project transformer adopts a 4000KVA oil transformer from a well-known manufacturer, and the supporting cabinet is strictly configured in accordance with the national standard.

The operation and maintenance work is managed by our own team. We will do our best to provide industry-leading professional operation and maintenance services, ensure the reliable execution of work indicators such as temperature control, online rate, stability rate, long-term damage rate, inspection frequency, response time, emergency disposal, etc., and continue to provide you with professional, stable and guaranteed operation and maintenance hosting services.

Questions from the special media observation group

Wang Xuejing, editor-in-chief of Lieyun Finance: After the launch of the strictly selected mine plan, will the future operation mode of Mars Cloud Mine change? Will the electricity fee increase due to providing better mines?

Alan : First of all, the purpose of Mars Cloud Mining has always been to serve investors and miners and provide a one-stop physical mining solution. In essence, our job is to provide users with higher quality services and lower costs.

The two are not contradictory, and based on the business characteristics of Mars Cloud Mining, we are not simply considering pricing strategies. Instead, we hope to form a volume advantage with users, and conduct in-depth exploration of the quality, cost, risk, and price of overall mining resources such as mining machines, mining farms, mining pools, and operation and maintenance, and share the advantages.

So I think since we are talking about the lowest electricity price in the entire network, we have the ability to maintain this label. Whether it is the operation method or the pricing strategy, it serves our goal.

Wang Xuejing: What benefits can ordinary users experience directly from carefully selected mines?

Alan : As a user of Mars Cloud Mining and an investor in the mining industry, my biggest demand is better service, lower prices, and higher and more stable returns on mining investments.

The industry leaders above have already talked a lot, in fact, they are all talking about what a good mining farm is like, and its significance and benefits to users. Mining is essentially a competition between cost and efficiency. The so-called backward production capacity in the mining industry is actually the production capacity with operating costs higher than the market price and efficiency lower than the market price.

Our carefully selected mines are actually to screen out the good mines to provide investors with a more efficient and lower-cost mining product portfolio. We are oriented to investors and guarantee their returns.

Zhang Yuan, editor-in-chief of Wabi.com: What was the reason for choosing Blue Whale, Yuner and Jiejie as the first batch of carefully selected mines? Is it because they have been cooperating with you or because they are well-known in the industry?

Alan : Regarding the selection of mining farms, I just mentioned some standards, and there are also many hard or soft conditions. BitBlue Whale, Yuner Technology and Jiejie Technology have actually cooperated with Mars Cloud Mining for a long time. Since Mars entered the mining industry last year, part of its own holdings and the computing power we represent are also hosted in different mining farms of these three companies. For example, I have also visited some of the mining farms just mentioned.

First of all, of course, these three companies are all leading enterprises in the mining industry. They are strong enough in scale and capital and can provide competitive prices and services. The second is that the cooperation has been long enough, and there is a sense of trust in the cooperation process. We can see the service and delivery capabilities of their teams, which gives us confidence and also gives us confidence when facing investors and users. The third is that they have a strong enterprising spirit. For example, in this subsidy action, the three major mines and Mars Cloud Mine provide subsidies to the lowest electricity price in the industry to dispel investors' concerns and jointly expand the scale to gain volume advantages.

Zhang Yuan, editor-in-chief of Wabi.com: What kind of mining machines are the 1,000 units sold this time? Are you planning to add the latest S19 and S19pro to these 1,000 units?

Alan: When it comes to choosing mining machines, there are actually issues of entry timing and product selection. S19 and S19P are of course good investment products. We are currently promoting products that combine hydropower and thermal power. At this stage, considering the cost-effectiveness and benefit ratio, we currently choose the M31s 70T combination. In this case, machines with high computing power, low price and relatively high energy consumption will have a more obvious effect on lowering users' mining costs.

Of course, we are also organizing different product combinations to meet the needs of users with different investment preferences. At present, with the current price of M31s, I still have to say that this energy-efficient and low-priced mining machine can obtain all the spillover benefits of low electricity prices.

Cointelegraph Chinese Editor Amey: Why does Mars Cloud Mining launch customized services for key customers at this time? What counts as a key customer? Is the threshold for key customers set reasonably?

Ted: Simply put, now is the best time for mining. Whether in terms of coin price or mining cost, we are in an excellent window period. In the entire mining ecosystem and industry, we can get the lowest mining cost. In this context, we have updated the services for major customers. We hope to lead more people to join the mining industry and deliver the dividends of the entire industry to all of our major customers of Mars Cloud Mining.

We have now set the threshold for major customers at 100 machines purchased in a single or cumulative amount. In fact, this threshold for major customers is very close to the people. In the early days of the mining machine manufacturers we contacted, the threshold for major customers was generally 1,000 machines. Everyone knows that mining is actually a very niche industry, and it is concentrated in some early investors who participated in Bitcoin, large mining pools, and manufacturers themselves. Their orders and purchases are very large.

The second reason is that our seven killer weapons are the seven swords. As a distributed management service, if the service target volume is too small or too scattered, it will lose the original meaning of the service, but make the service more complicated and difficult to cover all aspects. Considering the cost and high service requirements, we set the threshold for large customer service at 100 units.

Amey, editor-in-chief of Cointelegraph Chinese: Do customized services for key customers conflict with key customer rights? Can key customers who have become key customers in the early stage enjoy these new services?

Ted: In fact, the services and rights of key customers are complementary to each other. The rights and interests of key customers are given top priority in the system. We will handle them flexibly in specific operations. When we launched these services, we had already laid the foundation for this service, otherwise we would not have launched it now. In other words, as long as you meet the standards, you can become our key customer and enjoy the current rights and interests immediately.

>>The first batch of 1,000-seat models with an electricity price of 0.19 yuan<<

>>Early Bird Big Offer: M31s 70T Quick Return<<

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