BitFuFu Launches Accelerated Payback Plan To Counteract Currency Price Fluctuations and Acquire Faster Profits

Recently, the price of BTC has risen and fallen sharply and its volatility has been welcomed by those more willing to take risks. However, for ordinary users who value a more stable revenue, mining is a much safer choice compared with buying and selling currency like stocks, as it requires lower initial investment and is more secure. Recently, cloud mining platform BitFuFu has launched its accelerated payback plan to further lower the initial investment, allowing users to recover their costs and start enjoying revenues faster.

BitFuFu’s accelerated payback plan reportedly uses Bitmain’s flagship mining rig S19i, with hashrate fees as low as $0.1158/T/Day.

Lower costs, more revenue

The accelerated payback model is based on the classic model. While keeping the original plan circle, mining rig model, and electricity cost, the accelerated payback model offers a discounted hashrate fee and faster cost recovery by lowering a user’s initial investment.

Before recovering the cost, the user will enjoy all revenue and is able to recover costs in advance. After recovering the cost, the user will receive an agreed-upon ratio of the mining output.

With the accelerated payback plan, users can recover their costs faster and lower the risk of losing money. Risks arising from market fluctuation is shared by both the platform as well as users.

For example, when you buy the 100T [S19i/360 Days] plan on BitFuFu:

With the classic plan, the one-time initial rental cost is approximately $7,855. During the effective period of the plan, if the currency price and the difficulty remain unchanged, the daily net profit is $25.83 (after deducting electricity fees) and it takes 305 days for the user to recover the cost.

With the accelerated payback plan, the one-time initial rental cost is $5,702, nearly 30% lower than the classic plan. Before recovering the cost, the user enjoys a daily net profit of $25.83 and it only takes 221 days for the user to recover the cost, almost 3 months faster than the classic plan. After recovering the cost, the accelerated payback plan has a profit period of almost 5 months, indirectly increasing the rate of return.

Selecting between accelerated payback and classic plans

Under the same mining rig model and cycle, the accelerated payback features a lower cost and faster cost recovery. It is also better at handling the risk of a decline in currency price.

However, greater risk brings greater revenue. If the bull market comes again and the currency price continues to increase, the revenue generated by the classic plan may be higher than that of the accelerated payback plan.

For example, suppose the currency price increases at a rate of 0.4% per day. 360 days later, the revenue rate of the classic plan will be 191.57% and the revenue rate of the accelerated payback plan will be 181.32%.

 

If the user cannot predict the market trend or is risk-averse, the accelerated payback plan would be a wiser choice for making quick profits and keeping the money in her pocket.

If the user expects the price to go up, the classic plan would be a better choice for higher returns.

Accelerated payback plan verdict

After calculating the circle profit rate of various accelerated payback plans using the formula Circle Profit Rate = (Output – Electricity Fee) * (Plan Circle – Days of Cost Recovery) * Share Ratio / ((Hashrate Fee + Service Fee + Electricity Fee) * Plan Circle) and converting the circle profit rate into annualized profit rate, it is obvious that BitFuFu’s S19i/360 Days accelerated payback plan has the highest annualized profit rate (29.13%).

The cost of obtaining currency by mining is much lower than purchasing directly, especially for flagship mining rigs like the S19 series. They are great at handling currency price fluctuations and users can enjoy stable output daily. If there is a bear market, the hashrate will drop but the currency profit will increase. BitFuFu is currently having an accelerated payback plan promotion: Between Sept 9 and Sept 24, you can receive up to $900 worth of discount coupons. New users will receive a 60U pack upon registration.

Join now: https://www.bitfufu.com/subject/speedup/september-nine

Join BitFuFu Telegram Official Group and contact @bitfufuvip for up to $900 coupon

Official website: https://www.bitfufu.com/

Twitter:https://twitter.com/BitFuFu1

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