Frequently Asked Questions
– How does Bitcoin compare to other currencies?
The main difference about Bitcoin from normal currency is that it is decentralized, meaning no single person or institution has control over the network. This makes many people feel better knowing that a large bank cannot control their money. More and more companies are accepting Bitcoin as a payment method every day, mainly because transaction fees are much less, usually at most 2% and as little as 0%.
– How secure is Bitcoin to use?
The only way a Bitcoin transaction can fail is due to human error. To transfer funds you use a wallet address which is a very complex strands of letters and numbers. If you enter the wrong address or the wrong payment amount, that is the only thing that can cause a Bitcoin transaction to fail.
– How can I purchase Bitcoin?
– How does Bitcoin Mining work?
Bitcoin mining begins with computers called miners. These miners use their processing power to solve complex math equations. They verify transactions and decrypt blocks of newly released Bitcoin. As a reward for solving these equations, they are rewarded with a certain amount of Bitcoin in return, which in turn can be exchanged into US dollars.
– Can I make money mining Bitcoin?
Yes! Bitcoin has been consistently increasing in value over time and shows no signs of slowing down. The more Bitcoin you can mine, the more valuable it becomes when the Bitcoin value increases. If you had $100 worth of Bitcoin in 2010 and held on to it until today, your $500 would be worth $37.5,000,000.
– What do I need to get started mining Bitcoin?
To get started in Bitcoin mining you will need to buy a miner such as the Avalon 921, a power supply and a controller. Once you have these 3 items, you can configure your miner, join a pool and start mining Bitcoin.
– Shipping and Insurance?
SHIPPING is FREE and it will always be FREE internationally (Worldwide) no matter the order amount. All parcels will come with Insurance and tracking number.
– Why are your prices so affordable?
Due to our long lasting relation to our main partners in mining products and continue growing of customers, we can negotiate the base factory price for most of our products.
– I am New to Mining, can you help me?
If you buy a product from us, you will be part of our family and we will definitely do our best to get you going and offer the best advise.
– What is your Return Policy?
Our policy about returns is NO QUESTIONS ASK. You are entitled to a refund in 60 days from the date you received your product (signature will be required).
– How long does it take to get refunded?
Once we receive the return package, we usually take 3-5 business days, depending on your region. We issue the refund via the payment method used.