OXBTC cloud mining platform releases BTC/ETH cloudhash hosting

Announcements | August 22, 2016 By:

OXBTC has announced world’s first bitcoin and Ether cloudhash hosting contracts on its platform. The new service will provide more lucrative mining options for investors with much lower prices and maintenance fees.

GUO Weicheng, CEO of OXBTC explains the reason for this strategy adjustment is to “maximize the ROI for all investors and build up a long-term partnership between OXBTC and its over 100,000 users”. He also said that OXBTC is looking at the future of the entire industry, and he believes investors’ interests are the major driving forces for a healthy development of the Bitcoin ecosystem. That’s why OXBTC decided to change its role into a hosting service provider so that investors can enjoy more ROI.

OXBTC’s cloudhash hosting contract allows 1 GHS of a minimum hosting unit for bitcoin mining and 0.01 MHS for Ether mining. This provides beginners a low threshold if it doesn’t seem like a big investment to start with. Also, there will be 100% transparency for the hosting since OXBTC makes the mining pool information public. 10 % of the mining income will be charged for the maintenance.

OXBTC is a China-based cloud mining platform.