If it’s not your first crypto-winter, then you know for sure that spring will eventually come. 

It always does. We’ve seen this before, and we’ll definitely see it again.

The Rouble price now is the same volatile as crypto, and it can’t stay that high for too long. It will inevitably go down along with the mining difficulty drop. Hopefully, along with the next Bitcoin bull run.

While the market is still rather pessimistic, we decided to make the wait as comfortable as possible, so you could save resources while hibernating.


What’s new?


We’ve made two big decisions:


1. In July 2022 you will be able to ship away any devices that would become unprofitable on the 1st of July.


​This restriction was always an intrinsic part of our hashrate insurance model, but now, under the pressure of external circumstances, keeping switched-off miners is a burden rather than a help to the community’s hashrate pool.


There are a few nuances that you have to be aware of:


2. Free storage for all offline miners until January 2023.


Whoever stays, will be provided with free unlimited storage for all miners until the end of the year 2022. No more 30- or 60-offline-days rules, no storage fees, no uninstallation/installation costs.

A safe Siberian bear cave to wait out the winter.


As always…


​We still cover all your repairs and provide the Lifetime Warranty and Automatic Failover for all running miners within our community-driven Stable Hashrate Insurance.

As you might have noticed, our delivered hashrate is growing over time, and even with a few recent power-downs, the average stays on a decent level. 

We also believe that until the end of the crisis, we’ll be able to keep the average high close to 100% of the nominal hashrate for those miners that would keep on running.


By Max Matrenitski – Cyberian Mine CEO


If you have any questions, please feel free to ask us or other community members on our Telegram Community Channel, or jot a line in Support Tickets on the platform, we are always happy to help.