HISTORY

HISTORY


Xive was established in 2018 in Kazakhstan, country with cheap electricity rates and cold climate. The company provides hosting services for large-scale international miners. Many miners from Japan, Korea and China benefit from relocating to Kazakhstan. However, the bear market of 2018 forced some mining farms shut down their operations. That allowed us to analyze and come to conclusion that in long term mining will survive only in places with low electricity rates, high-speed internet, good climate and favorable regulations. But, complex procedure of buying, transporting and running mining machines slows down development processes. We believe that crypto market needs completely new solution for safe and effective mining operations. We made a decision to start building the platform based on the concept of a sharing economy.

The platform

The platform


Xive is the platform for sharing hashing power among users.

Buyers benefit from competition among Sellers, which allows getting various contracts with flexible terms and low pricings. Premium marked contracts secured by the platform for any non-delivered hash rate and generally offered by Xive’s own farms. Whereas, standard contracts are offered by any registered Sellers and reviewed by previous Buyers, and ranked by the platform. Xive saves users from the complicated process of buying, transporting of mining equipment and running own data center.

Sellers benefit from all advantages of cloud mining, such as an additional profits, secured payments, liquidity, self funding for scaling operations, hedging the risks. The platform would be a perfect solution for traditional investors who want to bring crypto into more predictable projects, specially in countries with low electricity costs. Xive is ready turnkey cloud mining resource to start selling cloud contracts immediately.