How Is SolMining Changing Crypto Mining?
SolMining has now gone live with smart contracts offered by XRP, introducing a new source of passive income to investors.
Such cloud mining contracts help users receive returns without the need for hardware or even technical setup.
Users can pay and activate contracts using XRP, SOL, BTC, or USDT, charging as low as $15.
There is an added benefit for every new user: they get $15 as a bonus upon registration, and they can use this to test the system at no risk.
Depending on their choice, these contracts last from 1 to 40 days and, in turn, produce fixed daily returns.
SolMining launches XRP smart contracts, unlocking passive crypto income.
Why Are XRP Holders Turning to Mining Contracts?
For years, XRP holders could only hold or trade. Now, SolMining has introduced the third option: activating XRP through mining contracts.
Inactive assets can now be engaged by miners into short-term contracts that guarantee daily stable income. Contracts are flexible, having neither long lock-ins nor are they subject to basic protections.
Returns and principal are put back into the users’ accounts every 24 hours automatically.
What Infrastructure Powers These Returns?
Since 2017, SolMining, managing clusters of up to 600,000 mining machines worldwide, has been present in the market. Its infrastructure represents a capacity of 2 GW of clean energy across three countries:
- Kazakhstan: 700 MW site with air and immersion cooling
- Canada: 1 GW facility using full immersion technology
- Norway: 60 MW centre with eco-friendly air cooling
Production starts the second a user activates a contract on this infrastructure.
SolMining Offers Flexible Contracts with High Returns
SolMining offers six unique types of contracts, all with a guaranteed return of principal.
The list of contract types includes the following:
- Free Contract: $15 for 1 Day – Returns $15.50
- Trial Contract: $100 for 2 Days – Returns $107
- Standard Contract: $1,500 for 15 Days – Returns $1,687.50
- Classic Contract: $3,000 for 20 Days – Returns $3,786
- Premium Contract: $9,000 for 30 Days – Returns $13,050
- Super Contract: $55,000 for 40 Days – Returns $92,400
These contracts open short-term returns with daily payouts to investors of all sizes.
Why Is Green Energy Key to SolMining’s Model?
SolMining utilises renewable energy in the process of mining, a method that not only chokes down on costs but also on emissions.
Mining centres could generate electricity from hydropower, geothermal, solar, and wind sources.
Given the eco-consciousness of our times, SolMining could draw in a fair amount of profits.
Costs of operations in the business are comparatively lower, allowing the company to offer higher returns in all contract categories.
What’s the Investor Outlook for SolMining?
Investor upsurge is there on the waves of USDT and ADA whale accounts.
More than two months ago, whale accounts started moving quite a bit of XRP into SolMining contracts.
Some are drawing in more than $10,000 per day under VIP reward tiers. VIP brings higher rewards and special cash bonuses.
The small guys are very much in bed with the house from day one, even without committing to anything.
Over two months ago, whale accounts began shifting large XRP holdings into SolMining contracts.
Global Cloud Mining Market Outlook
Driven by the passive interest in cryptocurrencies, the global cloud mining market will cross $5.5 billion by the year 2030. This growth will be fueled by green mining solutions and short-term contracts like those offered by SolMining.
As currencies like XRP, SOL, and DOGE are gaining in popularity, various new platforms are opening opportunities for use with the least barrier to entry.
SolMining is quite a rare phenomenon, thanks to its renewable infrastructure capable of delivering guaranteed returns.
With increasing regulatory clarity at the global level, interest in DeFi-aligned tools such as SolMining will pursue a wider scope.
Also Read: XRP Faces Technical Correction While Ineminer Cloud Mining Expands
Final Take
XRP smart contracts of SolMining intermingle green energy with blockchain infrastructure and democratized finance.
They make a fair and low-key risk opportunity for users to make passive income out of idle crypto assets.
With clear returns, no hardware, and clean energy, SolMining builds a new way for crypto holders to make cash.