Hummingbird Miner launches a one-stop mining service of try before you buy

The Hummingbird mining machine sales and hosting platform Hummingbird Mall was officially launched on January 8. Hummingbird Mall was initiated by the Hummingbird mining machine manufacturer and aims to create an underlying channel for digital asset investment. The mining machine manufacturers will host the mining machines and provide brand endorsement for operation and maintenance, and integrate mining machine production + mine operation and maintenance + mining terminals to open up the last mile of investment in the mining circle.

The industry's first try before you buy

In the past, many people who wanted to enter the mining industry were discouraged by the high threshold and complicated operation of mining circle investment. However, Hummingbird Mall focuses on low-threshold hosting solutions, and you can start mining with just one machine.

According to the official website, the "try before you buy" scheme will greatly reduce the entry threshold for mining. This model allows users to pay trial service fees and electricity fees on a monthly basis to participate in mining, and half of the trial service fees will be included in the purchase discount for free. At the same time, users will be given the right to purchase mining machines on a trial basis. If the price of the mining machine changes, they can get the trial mining machine at the lowest price on the official website minus the purchase discount during the validity period. On the one hand, it avoids the potential risks of mining machine depreciation; on the other hand, it bets on the appreciation of mining machines in advance, helping miners to plan for the halving market in advance.

Three major innovations, refreshing

In general, the Fengniao Mall has achieved three major innovations that are refreshing:

1. Put it on the shelf before selling, and mining starts as soon as payment is made. There is no transportation cost, which greatly shortens the mining arrangement time. Compared with the transportation loss, loading and unloading and other potential costs incurred by traditional mining farm hosting, it is transparent, efficient and trustworthy.

2. Manufacturer-managed, on-site after-sales service is fast. Under the manufacturer-managed model, the mine operation and maintenance and mining machine after-sales functions are combined into one, and the after-sales service is guided and authorized by the original manufacturer, or even directly managed, with better efficiency and better service.

3. The first trial mode, try before you buy, to protect the interests of miners

The launch of the try-before-you-buy campaign by Hummingbird Miner at this time is of great significance. The Bitcoin network will usher in the third halving in history in May this year, when the daily mining output of Bitcoin will directly drop to half of the current level. Since the second half of 2019, with the mass production of high-performance mining machines with large computing power, the iteration of old mining machines has been accelerated. 2020 will be the decisive year for the Bitcoin market. It has become an industry consensus to deploy mining machines and mining in advance. Looking at the mining market, capitalization and centralization are becoming increasingly prominent, but the market does not provide many options for small miners and small and medium-sized investors. In addition to limited returns, investing in mining machines is very easy to be "trapped" due to market fluctuations.

Historically, the price of mining machines has skyrocketed due to the bull market, and it has become hard to find a machine. At the beginning of 2018, the highest price of S9 was more than 30,000 yuan. It often takes 4-6 months for a mining machine to go from chip production to mass production, and there is always a time difference with the market. It can be said that there is a fairy market but no fairy mining machine. The try-before-you-buy mode gives the miners the right to choose the mining machine. When the market is general or relatively stable, the price of the mining machine can be locked in through trial for up to 90 days. If the price of the mining machine is reduced, a lower selling price can be further locked. In the face of extreme market conditions, miners can stop the trial at any time to stop loss, or they can buy the mining machine at the lowest price to obtain mining premium income and low-priced spot mining machines.

It can be said that the try-before-you-buy model will increase the liquidity of the mining machine market through trial rights, and standardized hosting will also break the ice of the solidified traditional mining farm hosting model. This mining machine manufacturer + hosting model is unique and worth looking forward to.