Bitcoin Mining

ASIC Mining Hosting Services

42Th Miner
We currently stock the Bitmain T17 miner which boasts 42 Terahash with a power use of approximately 2,300 Watts. We perform regular maintenance on all miners to maintain the highest uptime for our farm.
Your Dashboard
We use awesome miner to manage your miners. Our dashboard provides you with a live data feed (via API) of all your miners running, including serial number, temperature, terahash, and uptime.
Team of Engineers
Our farm is staffed with at least two engineers at all times, 24 hours a day 7 days a week. Your miners are constantly monitored and maintained. Our management agreement includes maintenance on your miners. Our management fee is 20% of your profits, after electricity is paid, aligning our interests with yours- maximizing profitability.
Inside the farm
Our farm is located in Irkutsk, Siberia. Siberia is fast becoming a bitcoin mining center due to it's cheap and efficient hydro-electric power supply. Our power source is 'Green' as it's derived from lake Baikal, which serves the whole region. Power cost is 5.5 US cents per kilowatt hour, making us among the top 10 lowest prices regions of the world. Our farm is fully licensed and bitcoin mining in Russia is legal and encouraged.



The Mining Problem

Several years ago, bitcoin mining was considered new and highly technical. The practice of mining was reserved for the few who had the resources and expertise to mine bitcoin. Along with that came the emergence of cloud mining, which enabled investors to purchase hashpower from a mining company such as Genesis Mining.

The problem with cloud mining was that the cost per terahash (or unit of power) was usually high and the contract had an expiration date that was significantly less than the life of the miner itself. This left the investor paying a much higher price for their mining contract, which it turn decreased profitability. On top of that, cloud mining companies usually charge hefty ‘maintenance fees’ which further hampered profitability for investors.

The Elevate Solution

For the most part, mining farms have remained private ventures, with only a select few investors able to access the opportunity. With our platform, we provide a solution that does not put the individual investor at a disadvantage- like cloud mining does. We have essentially made professional bitcoin mining available to passive income investors who do not have the resources or expertise to mine bitcoin on a commercial scale. Without our facility (and our low power cost), engineers, and access to manufacturers, an individual who wants to mine bitcoin would find it very difficult to do so profitably. Hence, the term “Mining As A Service”. When you work with us, you own your miners and we manage them for you. There is no termination period to your investment, we mine bitcoin for the life of the miner, which can last 3 years or more- whereas most cloud mining contracts only last 18 months. Moreover, our income is derived from our flat management fee- which is 20% of profits. This provides the investor with transparency and also aligns our interests with yours. We want you to be as profitable as possible. Our customers range from hobbyists who own 1-2 miners, all the way to professionals who own over 100 miners. Size does not matter, making the opportunity available does.


Bitmain T17 42 Terahash

  • Pre-owned
  • 2300 Watts
  • Price: $2,599
    Lead Time: 3 weeks from order date

    The Golden Age of Mining

    Over the last few weeks, the bitcoin mining landscape has changed dramatically. Firstly, China has acted on it’s policy to shut down all bitcoin mining farms in China.China was the largest contributor to bitcoin’s hashrate, as a result of this policy change, we have seen a drastic reduction in bitcoin’s difficulty rate. This means that the miners who are mining the network receive larger block rewards. Hence, the profitability for bitcoin mining has gone up significantly. While it is impossible to predict the future, we can be confident that with a potential bull run in bitcoin, even further increases in mining profitability await us ahead. Hence, a golden age…

    Elevate Group provides the most transparent and fair cost structure for our clients. We pass on our cost of power with no markups or hidden maintenance fees. Each miner is charged a flat 20% management fee, similar to a hedge fund performance fee, and the balance (80%) is distributed to your mining wallet. Profit distributions are done daily (except for weekends). Our farm is licensed and fully compliant and bitcoin mining is legal in Russia.

    1. Register

    Registration is free and all you need is your email. Once you have an account, you can choose your miner(s) and continue to purchase.

    2. Purchase

    After your register, you will see our Equipment Purchase Agreement. You own your miner and can have it shipped to you at any time (the cost of shipping is yours). Payment for miners is in USDT.

    3. Dashboard

    Once your miners are installed, you will see them operating on your dashboard. You can monitor your miners 24/7, including your hashrate and your profits. Profits can be accessed directly from your dashboard where you have a mining wallet. Simply withdraw your mined btc to any wallet of your choice.

    How it Works?



    Your Mining Dashboard

    In late 2019 we realized that one of the problems plaguing our industry was transparency in mining. We set out to solve that problem by creating a dashboard interface where customers could see their miners live. This showed them their uptime along with their terahash and exact profitability. Also, because our fee structure is simple, there is nothing hidden or extra for you to calculate. You simply take your total mining rewards, deduct the cost of power and that is it. We take our management fee (20%) after the cost of power has been paid, thereby maximizing your earnings.


    Amir Ness
    CEO and Founder
    Crypto Rich
    Media Ambassador
    Konstantin Zolotukhin
    Chief Technical Engineer
    Customer Support


    No. Our management fee is a flat 20% fee, which is paid after we deduct the cost of electricity. The only other fee is a 1% fee which covers the cost of our dashboard wallet and maintenance. There are no other fees we charge.
    While that is the most frequently asked question, the truth is that you cannot forecast mining returns. They are changing daily and are volatile, just like bitcoin. Please see the video at the start of our home page to learn more about returns…
    Bitcoin from mining is payed on a daily basis. Your dashboard includes historical payouts that can be converted to csv files for your records.
    Once you click on the “Start Mining” button at the top, you can open an account and choose how many miners you want. From there, you will be directed to e-sign the equipment management agreement, after which you will arrive at the payment gateway, make your btc payment, and you are done. You will receive confirmation emails for your order, and within 48 hours you will receive your dashboard login details.
    Our target market is professional miners who want to grow a portfolio of miners, but do not have access to the same conditions we offer. We also enable smaller investors to purchase even 1 miner, to help them get started. Our goal is provide a professional platform for all level of investors.
    Yes. First we encourage you to join our telegram group here. We have admins and other investors that are active in the group, feel free to ask any question you may have. Our founder, Amir Ness, is also present in the group and makes himself available to investors.