Teamve Technologies plan to provide affordable subscription based hosted Bitcoin mining service. Prices starting as low as $400 for a 280 GH/s Bitcoin mining rig along with a hosted network on a pay monthly basis. Moreover, users can choose any miner software and subscribe to any mining pool. Bitcoin miners come with zero tie in and 24/7 technical support for paid subscribers. Company officials hope that this will reduce the preorder burden and rationalize the ROI.
Hashrate difficulty has increased 19% over the past two weeks and under the prevailing ASIC pricing mechanisms it is almost impossible to break even. Teamve along with its SAAS Hosted platform will reduce the long term overheads for the miner.
When asked about feasibility of the pricing mechanism, Frank Joyce, marketing head Teamve Technologies, informed that the pricing is in line with current market trends, the only difference being that, the price of a miner has been spaced out over a time period to make them affordable and attractive.
More information is expected to be released following an internal meeting scheduled on January 6, 2014.
About Teamve Technologies
Teamve Technologies started as a privately held consortium comprising technology professionals and finance executives with a combined experience of over a decade with as diverse companies as Intel, AMD, IBM, HP, CISCO and Goldman Sachs. Company now plans to open up subscription based mining options for individuals and groups. For more information, please visit http://teamve.com