Crypto mining has become very competitive nowadays, but you can still make a profit if you use the right tools in your mining process. Operation Phoenix is a cloud mining platform that can aid many investors in diversifying their crypto portfolio.
About Operation Phoenix
Based in Canada, Operation Phoenix is a cloud mining service provider that has launched its business at the start of 2020. While the company just started recently, the team has been working on its mining for more than 7 years, developing an ecological energy system for crypto mining that reuses the heat generated in the process.
Cryptocurrency mining has been heavily criticized, in the past few years, for being very damaging from an ecological perspective, and this system will not only benefit companies looking for a green energy alternative but the environment as well.
In order to offer an enhanced and efficient mining process, Operation Phoenix has partnered with other mining companies to roll out a new product that enables GPU mining for alternative coins.
The layered infrastructure of the platform relies on an electrical network, Ethernet / Internet network, mining hardware, and software. The platform focuses on all aspects, such as network latency, energy prices, pool stability, supplier reliability, energy recovery, so it can provide a sustainable mining operation.
What Coins Can You Mine?
Operation Phoenix allows the mining of cryptos such as Ethereum (ETH), Ethereum Classic (ETC), Zcoin (XZC), Beam (BEAM), BitCash (BITC), Nimiq (NIM), Ravencoin (RVN), Metaverse, and Bitcoin Gold (BTG). New coins are added on a weekly basis. The platform will soon introduce mining options for Monero (XMR), Grin (GRIN), MonaCoin (MONA) coins that are rarely supported by crypto mining services.
Unlike most crypto mining operators on the market, Operation Phoenix sells C-Units (computational units) instead of single hash rates. C-Units have enough computing power to mine different algorithms, and users have the option of mining diverse cryptos each day for periods of 1 and up to 4 years.
These C-Units and their software are constantly updated with the purpose of improving the hash rate, adding more cryptos and algorithms, and ultimately generating more profit for the customer. All maintenance costs are included in the payment plans, which means no hidden additional fees.
With Operation Phoenix’s C-Units, you have the option of mining a diversity of altcoins, and you can choose to mine the most profitable coin at that time.
Operation Phoenix offers 4 pricing plans. Depending on the plan you choose, you can select to buy more C-Units. The contracts do not force you to mine only one crypto, as you can select from the different coins available and mine any of them based on their profitability. You can also choose your mining pool and the wallet where you want your coins to be credited.
- The 1-month plan costs $12 with 1 C-unit, and users can buy up to 5 C-units (every C-unit costs $12).
- The 12- month plan costs $140 with 1 C-unit, and users can buy up to 25 C-units.
- The 2-year plan costs $260 with 1 C-unit, and users can buy up to 25 C-units.
- The 4-year plan costs $475 with 1 C-unit, and users can buy up to 25 C-units.
To make mining even more efficient, Operation Phoenix implemented its Automatic Strategy function, a software feature that automatically mines the most profitable coin at that time. The software thus uses the C-Units resources effectively and ensures that the best possible profit is generated for its customers.
If users have a particular coin they want to mine, they can opt for the manual mining mode to only mine the crypto they are interested in.
The cloud mining service makes payments on a regular basis. Instead of keeping the mining rewards on the platform like other mining services on the market, Operation Phoenix directly deposits the coins once they have been mined into the customers’ wallets from the mining pool, several times a day.
Customers can buy C-Units either with cryptocurrencies or with fiat through PayPal or bank transfers. Crypto payments are processed by BTCPAY.
Operation Phoenix is a crypto mining platform that has implemented a unique system that enables the profitable mining of diverse altcoins while also being eco-friendly.