Quantum Expeditions: A Cryptocurrency Mining Solution After the Bitcoin Halving?
Quantum Expeditions (QEx) offers a unique investment opportunity to users looking to invest in the future of cryptocurrency mining and eventually become a publicly traded Bitcoin mining company. Their goal is to be a sustainable and profitable pillar in the cryptocurrency mining industry, well beyond the impending Bitcoin halving.
What is the Bitcoin Halving and How Does it Affect Miners?
The Bitcoin Halving happens every four years. When the halving happens, the reward for Bitcoin mining is cut in half, which means miners are paid less. The halving was written into the Bitcoin mining algorithm to counteract inflation and maintain scarcity.
If the price of Bitcoin remains the same, the profitability of Bitcoin mining will drastically decrease, potentially phasing out a lot of at-home miners who don’t have a competitive electric rate or the ability to scale. For example, at the time of writing this article, there have been over $48M in mining emissions in the last 24 hours. After the halving, if the price of Bitcoin stayed the same, that number would be around $24M. In order for the mining profitability to be the same as it is today, the price of Bitcoin would have to double after the halving. The next Bitcoin halving is projected to happen around April 2024.
Quantum Expeditions gives users an opportunity to invest in a company with direct connections to energy producers with some of the lowest electric rates in the world, keeping mining profitable. VoskCoin is excited to announce we have finalized a long-term partnership with Quantum Expeditions!
The Team Behind Quantum Expeditions
Not only does QEx have connections to energy producers, but they are a diverse and knowledgeable group, with experts who have experience in the oil and gas management industry, blockchain, investing/trading, marketing, financial security, and information technology. Some members include entrepreneur and thought leader, Mati Greenspan, and fintech strategist, Oz Sultan.
If you’re an active VoskCoin subscriber and Discord member, you may also recognize their Chief Operating Officer (COO), Justin Kramer, also known as badgerlandcrypto. Justin is an active VoskCoin community member, has run his own Bitcoin and altcoin mining farm, and has his own company that sells ASIC mining rigs. He was formerly the CEO of the Badgerland Mining Club, which has since been acquired by Quantum Expeditions. Fun fact: Justin also heats his home with crypto-miners!
We also had Justin on the Voskcoin Proof of Discussion (PoD) Podcast where we reviewed what it’s like building a cryptocurrency mining farm at scale! Check out our full discussion on the PoD here:
What’s Next for Quantum Expeditions
Quantum Expeditions is growing exponentially. They’ve gone through a two-year development phase, so they’ve done all the groundwork with maintaining permits, leasing contracts, and purchase agreements to get their mining farms off the ground fast. They already have nearly 150 Bitmain Antminer S19k Pros deployed and are expanding even further.
They’ve also secured options to develop up to five more mining operation sites, ensuring their commitment to growth. We’re excited and are hoping to visit one of their sites this year and share our Mining Farm Tour on the channel. Quantum Expeditions has also secured an Energy Service Agreement (ESA) with a local cooperative company, which gives QEx access to steady and competitively-priced energy. The first location is projected to produce up to five megawatts of power, in two operational phases, the first being fully funded through the initial crowdfunding phase.
Want to invest in Quantum Expeditions?
To invest in QEx, check out their WeFunder page. At the time of writing this article, they already have nearly 50 investors and have raised almost $700,000. The Crowdfund Phase is open until the end of February, so get in early while you still can!
Make sure to subscribe to the VoskCoin YouTube Channel to stay up to date on the latest cryptocurrency news and miner reviews. Thank you to Quantum Expeditions for sponsoring this article. This is not financial or investment advice. Please do your own research before investing.
