Amber Mining has launched a new FCA-regulated cloud mining program, marking a major step forward in transparency and security for cryptocurrency investors.
By operating under the oversight of the UK Financial Conduct Authority (FCA), the platform aims to address industry concerns over fraud and accountability while setting a higher standard for trust in mining operations.
The company, headquartered in London, operates over 100 mining centers worldwide, leveraging partnerships with leading hardware manufacturers such as Bitmain, Canaan, and Nvidia to ensure efficient operations. With a capacity exceeding 10 EH/s, Amber Mining delivers consistent performance, making it a standout in the cloud mining industry.
Investors can start with an easy registration process and receive a $12 welcome bonus. The platform offers several mining contracts tailored to different budgets and goals, with durations ranging from one to ten days. Daily interest rates vary between 1.55% and 10%, providing flexible options for participants. Earnings are automatically credited every 24 hours, ensuring a steady income stream without the need for users to manage complex hardware or software setups.
Amber Mining’s CEO emphasized the importance of the FCA-regulated contracts, describing them as a commitment to protecting investors while driving innovation in cryptocurrency mining. The initiative aims to redefine the industry by providing transparency, regulatory assurance, and advanced technology to both novice and experienced miners.
Meanwhile,Copper Technologies has withdrawn its application to register with the FCA, marking a strategic shift under new CEO Amar Kuchinad. The decision comes after the firm’s failure to secure permanent FCA registration following updates to the cryptoasset register in 2022. The UK’s introduction of a stricter regulatory framework for cryptoassets further influenced the move. Copper now plans to focus on securing licenses in international hubs like Switzerland, Hong Kong, and Abu Dhabi, redirecting its efforts away from the UK’s increasingly challenging regulatory environment.
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