Is it worth having your own cryptocurrency farm in Germany ?, Smart IT Alliance GmbH, press release

Smart IT Alliance GmbH

One of the most frequently asked questions we get: “Is it worth having your own #cryptomining farm in #Germany?” We are happy to answer this question and would like to show you other options to make #cryptomining even more effective. All with German security, without worries and stomach ache!

Crypro mining in Germany

Investment security is the most important thing for most #investors and #crypto #mining #farm owners, after all, large sums are at stake. The current electricity price in Germany is around 0.35 EUR / kWh – without taking into account your own alternative electricity sources.

There are various cryptocurrencies that can be extracted. The biggest and best example is #BitcoinMining. With the current German electricity price of over 0.35 EUR per. kWh, it currently does not pay to operate bitcoin mining in Germany. We are currently dissuading this in Germany.

You can also mine the so-called #Altcoins. These include #Ethereum (#ETH), #EthereumClassic (#ETC), #Dogecoin (#DOGE), #Litecoin (#LTC), #Kadena (#ETC),… and many more! With altcoins, the math looks very different. Crypto-mining is worthwhile here in a mixed farm (composed of different units).

Returns of between 0.5 and 3% per month can be achieved. Depending on the current price situation. The annual return thus fluctuates between 6 and 36%. And that on today’s (21/07/2022) cryptocurrencies. If prices recover, the return will automatically increase significantly.

If you only commit to Ethereum, the monthly return is currently 7.5%. The annual return is currently 90%. After switching from Ethereum to ETC, the return is currently 5.3% per month. The annual return is currently 64%.

There are countless choices from a mixed mine. Basically, we recommend our clients to my various cryptocurrencies to spread the risk. In Germany, however, this would mean that the annual return would be lower.

If #electric prices in Germany rise, it may become significantly less attractive to operate its mines in Germany. You should definitely take that into account!

Alternate locations

If the financial situation in Germany is too uncertain for you and you want to protect your investment from this risk, we offer you an unsurpassed alternative solution.

Smart IT Alliance GmbH has various #MiningFarms in #USA. The farms are built and operated with the same German precision as our locations in Europe.

You have the opportunity to buy this from us as a complete mining operation, or start with a smaller solution – #KryptoMinerHosting. In both cases, we as your German partner take over all the work for you. From finding a location to installing a mine built in German quality. With the greatest possible security, insurance, etc.!

Which cryptocurrency is worth extracting in the US?

Various altcoins, but also Bitcoin mining is worthwhile in the United States. Depending on your prioritization of cryptocurrencies and the corresponding returns.

hosting worldwide

No matter where in the world you want to set up your mining business, we build every hosting for you. That means you invest and we take care of everything else.

We currently have free hosting capacity in Germany, Europe and the USA.

In addition, we are expanding our mine farms in the USA, as the farms can also be operated according to the USA standard “100% green”! Electricity prices average between 0.075 and 0.115 eurosit is significantly cheaper when investing in the high KW / MW range.

Here the prices are between 0.0475 – 0.0695 EUR / kWh.

Take a look at our website at:

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Crypto-mining is worthwhile in Germany, as long as the price of electricity does not rise significantly higher. However, only with the selection of altcoin miners. Bitcoin mining is certainly not worthwhile in Germany at the moment and in the future. In the United States, bitcoin mining is worth more than altcoin mining.

Whichever location you choose, with Smart IT Alliance GmbH you have a German partner and you are sure that your investment will be profitable.

Do not hesitate to contact us with any questions. We help small and large investors!

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