Welcome to CryptoGulch. At CryptoGulch you own the equipment, we mine for you.
We are a hardware provider for cryptocurrency miners. We are also a co-location facility where you can host your mining rigs. Most of our customers purchase equipment direct from us but we can also host your personal mining rigs.
Mining for Bitcoin, Ethereum, Zcash and cryptocurrency is fun!
It’s a little bit like dollar cost averaging when you invest in stocks. Your equipment creates currency every day. Once your equipment is paid off it is generating residual income for you every day, week, month, and year.
Unlike investing, you own equipment. If you invest in cryptocurrency and trade it on an exchange you risk losing your entire investment. If you own the equipment that equipment should have some resale value for you. It is also an asset that can possibly be written off as a tax deduction (talk to your accountant.)
Mining also helps support the network. Cryptocurrency couldn’t survive without a network to support and process all the transactions.
If you’ve heard of “decentralization”, spreading the work across more miners is good for decentralization. This helps prevent one large group(s) from gaining control of the network and the cryptocurrency.
You purchase a GPU or GPUs from us. (GPU = Graphics processing unit) We have a few pre-defined plans but you can purchase any quantity you wish.
The GPU price includes all the extra hardware it takes to run a mining rig, plus our setup fee. You will own the GPU from that point on. We’ll own the rest of the equipment that makes up the rig plus the underlying infrastructure needed to make it all work.
We try to fulfill orders from inventory we have on hand. If so your miner will be activated within 24 hours of you placing your order and giving us your wallet address. However, sometimes we have to purchase new equipment. As soon as the inventory arrives, we’ll setup the mining rig for you.
If you have a wallet address already, we can mine to your address. If you do not have a wallet we can also assist you with setting up a wallet address. A wallet is like a “bank account” for crypto.
We offer an interface to check your statistics and make updates to your account. You can also follow the process of coins being mined and deposited into your wallet. Depending on the hash rate of all the GPUs you purchased combined, funds will be deposited into your wallet on a regular basis. The more GPUs you own the faster your hash rate and the more coins you mine faster.
Hosting fees are taken out automatically! No need to setup a credit card for monthly payments. We simply mine a percentage of time for ourselves on your equipment to cover the hosting fee. This fee is taken out daily. If there is ever downtime on your rig, we make up for it by taking time away from our mining to mine more time for you and make up for the downtime. That way we guarantee you 100% uptime. (Our competitor guarantees only 93.5% uptime!)