Cyberian update: Important Changes, Mining Ban in RU, New facilities in Ethiopia and USA


Dear Cyberian,

Time-saving version:

  • Winter Mining Ban in the South of Siberia.
    Annoying, but not a big deal.
    Moving some rigs north — expect a slight hashrate dip.
  • Your miners now run also in the USA and Ethiopia.
    3 continents for added security!
  • Lightning payments accepted. No more BTC transaction fees!
  • Balance Bonus cut to 12% p.a. Convert to EverHashes to keep 23% and mine Bitcoin for free forever!
  • Bitcoin pauses at $100k: Last chance to get new miners before the bull run continues — almost sold out. Preorders still open!
  • Happy Holidays! 🎄

Longer version:

Mining Ban in some parts of Siberia

It’s been in the news for a while, and we finally received official confirmation this week: two of our facilities will be affected by the upcoming winter ban in Russia. Although there are some workarounds and exceptions, we’ll have to resolve this by relocating most of our fleet. We’ve been preparing since last spring—already moving some rigs to our northern unaffected facility and further pushing relocations in November and December.

The ban runs from January 1, 2025, to March 15, 2025, and will repeat from November 15 through March 15 for the next five years. We still have more miners to move, but we’re relocating them in smaller batches to keep the overall hashrate over the 90%.

Ethiopia and the USA

We began testing new partners’ facilities in Ethiopia and the USA. Although they currently account for only a small percentage of our total hashrate, performance looks promising, and we plan to expand for broader global diversification. It’s crucial to diversify across multiple facilities in various jurisdictions. By distributing operations across multiple locations, we minimize exposure to threats such as price fluctuations, regulatory changes, equipment failures, and blackouts. This diversification balances potential disruptions and results in a more stable hashrate with fewer, less severe dips to keep us high 90-ies.

Bitcoin payments with Lightning ⚡

We’re thrilled to announce that we now accept Bitcoin payments via the Lightning Network on our BTCpay server—meaning lightning-fast transactions with no fees! It’s a secure and cost-effective way to support us and experience the best of what crypto payments have to offer.

If you manage your own Lightning setup, we encourage you to create a direct channel to our node:

021d3b7fe8402581ebc7ca314b240e6ab75d8215c1b2810b4ae28118ab0a58c65a@176.9.77.240:9735

Changes to Our Balance-Based Bonus

Since October 2023, users with balances over €1,000 have enjoyed a remarkable 23% return p.a. in the form of hosting discounts, covering up to 100% of hosting fees. This made mining completely free for those with large enough balances. From the outset, we made it clear this extraordinary yield might not last forever.

Starting January 1, 2025, the bonus rate will adjust to 12% p.a.—still an impressive return that can cover your hosting fees.

If you’ve been enjoying mining with no hosting fees, here are three options to maintain your benefits:

  • Double the balance to keep covering 100% of your hosting;
  • Keep your balance as is and enjoy the remarkable 12% yield, which will halve your hosting costs;
  • Convert your miner and corresponding balance into EverHashes— lifetime prepaid hashrate, offered by Everminer.io. This lets you mine Bitcoin free forever or sell your EverHashes in seconds at market price any time.

If you haven’t tried the bonus system yet, now’s the perfect time! Simply top up with €500 or more to start earning 12% annually (0.0329% daily) in the form of hosting discount that can cover up to 100% of your hosting fee. Being large enough, your balance turns miners into an everlasting stream of Bitcoin with no ongoing costs. And of course, your balance is always yours to withdraw anytime.

Bitcoin Pauses at $100K – Act Now Before the Bull Run Resumes!

The market is taking a brief breather at the $100,000 milestone, but the next surge could be just around the corner. This is your last chance to secure new miners before the bull run continues. With stock almost sold out, don’t miss the opportunity to lock in your mining power now. Preorders are still open, so act fast and stay ahead of the next wave!

Happy Holidays from the Cyberian Mine Team!

As we celebrate the season, we want to thank you for your trust and support. Your confidence has fueled our mission for nearly 7 years (since January 19, 2018!), and we couldn’t have done it without you.

Here’s to many more years of innovation, growth, and success together. Wishing you a joyful holiday season and a prosperous 2025 filled with new opportunities and Bitcoin magic! 🎄✨

Any questions?

Should you have any questions, feel free to reach out. You're welcome to engage with our community on the Telegram Community Group, get instant answers from our AI-driven chatbot on our website, or submit a Support Ticket on the platform. We're here to assist and happy to help.

​
Warm regards and happy mining!

Max Matrenitski
CEO of Cyberian Mine GmbH / Everminer LLC​

Cyberian Mine GmbH

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