Frequently Ask Question

Common Questions

Cryptocurrency is the digital money of the next generation. Unlike traditional paper money, Bitcoin and other cryptocurrencies are not controlled by a central government, big banks or other middlemen. Instead, it is secured and produced mathematically in a process called “Mining”. By using and benefiting from the UpHold Miner Mining’s service you are directly contributing to the growth and stability of a decentralized democracy.
The miners are mostly located in a hydropower plant, which brings us three main advantages. First, we use renewable energy, which is a priority for us. Second, we have access to a huge power source. Third, the electricity price is low. From an environmental point of view, we have also decided to join a program that plant trees in exchange of a fraction of the money we receive as management fees.
We find the best deal with your contribution and the one from other investors, which is a combination of low priced machines, delivery time, availability, etc. We manage the shipping of the equipment to the “mining farm”.
We install and configure the machines in a room with regulated temperature.
We monitor the machines to make sure they are mining as much as they can.
We maintain the machines in great condition (clean the dust, restart them, upgrade softwares, etc.).
We pay all bills on your behalf.
We transfer on your crypto wallet the net balance.
We help you create a crypto wallet if you do not have one or do not know how to get one.
Basically, we manage everything from A to Z.
We recommend you to first take a look at all FAQ questions and answers. Then, take a look at our blog. And if you still have questions, feel free to contact us, we are always happy to help!
Mining is profitable if you know what to do and what not to do. First, you must have access to low electricity prices, or even free because the machines consume a lot of energy. Second, you must get a good price on the machines otherwise you will end up never paying back the machine. Third, if you decide to ship them to your home country, you are likely going to pay an extra 30% for custom duties + high shipping fee. In addition, mining machines are considered like encryption computers. We offer a method which is much easier is called “Community mining” which involves investing in a company who already own these machines and lease out a portion to individuals so they can earn a fixed return for a stipulated period.
What is the return of investment?

The ROI varies, depending mostly on the price of the crypto that we mine. The higher the value of the crypto, the higher the ROI.

The average, in 2020 was quite favorable per month. This is on a calendar month, which means without considering the overall increase of the cryptocurrency markets during that period and without considering the possibility to reinvest your profits.

For transparency reasons, please note that we cannot guarantee or promise any ROI because we are (unfortunately!) not controlling the price of cryptocurrencies, you can be very lucky also.
We are now mining only two cryptos, BTC, LTC and ETH only.
Community Mining is a concept that we invented in the mining world. Normally, in conventional mining, when you mine, you buy some mining machines, you install them somewhere and they (hopefully) produce some money. The problem is that when a machine breaks down, you are the only one who pays for the repair. And during this time, you no longer mine. And in addition, if a new, more efficient machine is launched on the market, you cannot profit from it unless you reinvest.

With Community Mining, everything is shared. Costs are shared, machines are shared, revenues are shared. On top of that, since we mutualise all available funds and only place orders once a month, we have far better prices than anyone. So we can buy more machines, and that benefits you directly.

The group effect therefore allows additional income for everyone. Hence the concept of “community mining
Like real estate, the best time to invest was 10 years ago. The second best time to invest is now.
Yes, the world of cryptocurrencies is constantly evolving. And we believe that we are only at the beginning of the crypto revolution.
Look around you. Do you know a lot of people who are interested in it? Barely 1% of the population holds cryptocurrencies. Imagine when there will be even 10%!
If you also think that the future of our financial system will be with cryptocurrencies, then you have come to the right place because we have created a solution that allows smart investors to create passive and secure income.
This industry is still little known to the general public, which is why we are so keen to share our knowledge on this subject, Join now!
After all, are we much better than your bank advisor, who proudly announces each year the few tens of dollars you have generated in interest?
UpHold Miner Mining is a small, human-sized team that values community spirit and transparency above all else.
Whether it is profits generated by mining or knowledge, we share everything, in real time.
By pooling funds, machinery and energy in this way, the leverage effect is much greater than when you mine alone.
We have been working for a long time with our suppliers and partners. We have ensured that our business partners have valid company data, that they operate legally and that they have insurance. We also visited the facilities ourselves, so we know they are legitimate. We also have our own machines there, so safety is a priority!
No serious service offering attractive returns carries any risk. Few services will tell you, because selling dreams is precisely what makes sell. For our part, the risk exists, but on top of signing a contract to protect you, we are doing everything to limit it as much as possible.
Yes, it does impinge on profitability a little, but the diversification of geographic locations where the machines are installed, the type of machines themselves as well as the mined cryptocurrencies allows to perform a more sustainable management in the long term.