Cryptocurrency Mining Online Made Simple And Snap
Today, we often hear about cryptocurrencies. Bitcoin… Ethereum…Dash… We all want them so much, right? Taking a peek at the current Bitcoin price has become a regular matter for you? Feel like diving deep into the peculiarities of the cryptocurrency and the blockchain industries?
If that is all about you, consider cloud mining. Unlike typical mining schemes, requiring procurement, proper cooling and specific equipment maintenance and configuration of highly specialized hardware, cloud mining boasts a truly low cost of entry combined with minimal risks, losses, pitfalls, and expenses.
And guess what – there is a decent way to outsource your mining to the cloud. Never get caught buying expensive highly specialized mining hardware, wasting your time on setting this equipment up again. With a good mining pool, such as HashFlare, Genesis Mining, CryptoMiningFarm, or MinerGate, cryptocurrency mining made easily accessible to everyone regardless of his or her location, age, investment, and skills. What is more, to get started with crypto mining, no previous experience is required. Most notably, here is one more cool feature about cloud mining: the Hashrates begins at 10GH/s. In other words, newcomers are not required to invest a lot to become the member of the highly profitable cloud mining business.
Still hesitating? Get to know more about this way of earning cryptocurrencies.
The Most Typical Cryptocurrencies To Mine in the Cloud
Just for the record, most of us want to mine Bitcoin, but do you know that there are other altcoins that are possible to cloud mine via online mining services? When it comes to cloud crypto mining options, currently these are the most popular cryptocurrencies:
- SHA-256 CLOUD MINING. Yes, that is the tool to get Bitcoin. The min. required Hashrate is 10 GH/s. In the majority of mining online services, you will need to pay 0.0035 $ / 10 GH/s / 24h to maintain your money. The hardware, which is used is the HashCoins SHA-256.
- CLOUD MINING of SCRYPT. Use this cloud mining solution if you are interested in earning Litecoin, a great alternative to Bitcoin. The min. Hashrate here is as little as 1 MH/s. Please note that to maintain the mined coins in the cloud mining pools, you will need to pay the fee: 0.005 $ / 1 MH/s / 24h. When it comes to Hardware, to mine scypt, the HashCoins SCRYPT hardware is used.
- CLOUD MINING of ETHEREUM. Another alternative to Bitcoin is Ethereum, the cryptocurrency, which was launched in 2015 but has been recently growing Today, it’s among the top 3 cryptocurrencies and we have to admit it still has a potential to grow. The min. Hashrate is 100 KH/s. The other adorable aspect about mining Ethereum is that there is no fee to maintain it. The GPU Rigs hardware is used to mine it.
- CLOUD MINING of ZCASH. Zcash is another cryptocurrency, which is well worth mining. The min. Hashrate here is as little as 1 H/s. GPU Rigs hardware mines this cryptocurrency.
- CLOUD MINING of DASH. The fifth popular cryptocurrency, DASH, has a huge potential. The min. Hashrate is 1 MH/s. To mine DASH, the Multi-Factor hardware is needed. Similar to Ethereum and ZCash, no maintenance fee for this cryptocoin is supposed.
Of course, it’s up to you which one to choose. No matter which cloud mining solution you choose, you may count all benefits online mining platforms can offer to its customers, achieving maximum efficiency. Let’s take a closer look at the main ones, which are definitely worth mentioning.
Finding Your Ideal Cloud Mining Vendor: Basic Issues to Remember
To benefit from cloud mining, the very first thing, is without any doubts, to choose a reliable vendor. Make sure that the chosen cloud-mining provider is not new on the market and has gained an excellent reputation. The platform should be a real expert in cutting-edge blockchain solutions and mining hardware. Choosing one of the best Bitcoin miner providers is highly recommended, don’t parent with the little known platforms or at least carefully read their reviews.
By the way, you can always reveal the latest information from the mining renovation sphere at specific cryptocurrency related sites. Plus, you can check the accurate statistics for today, yesterday, and tomorrow.
Major Features To Look For
Besides, as it was stated before, there are multiple benefits the cloud mining solution should offer to its clients. The most appealing features include the following:
- Really cheap entry level. You can start mining Bitcoin or other currencies with as little as $1.20. Please check the Pricing page to get comprehensive information regarding all cloud mining options and their rates.
- Fast, smooth and easy getting started. The mining starts immediately after confirmed payment. Needless to note, the first payouts are possible within 24 hours.
- Instant, easy, and straightforward withdrawal opportunities. Simply specify the amount you need to withdraw, select the preferred withdrawal method and get it in seconds. By the way, you will highly appreciate the fact that there’s a pretty solid choice of withdrawal possibilities: Bitcoin, credit cards, and wire transfers.
- Unlimited contract length for most cryptocurrencies. That means that your contract is valid till you need it. No need to sign up the contract again and again. Please note that the things are different for Ethereum and Zcash, the length of the contract for these two is 1 year maximum.
- Good Partner program. Take full advantage of the 10% commission on every single purchase your referral user makes. Please visit the main site’s Partner program page for more information.
- 24/7 your secure access to your ultimate account. Go to your Personal mining account to check how things go from any smart device, any time of the day or night, no matter where you happen to be. Browsing detailed, real-time statistics about your cloud mining activity is easy and consistent.
- No hidden fees or additional commissions. Every single transaction is visible to you.
- Special Promo codes and regular customer discounts. Benefit from special bonuses and hot deals, which help you earn even more, spending less.
Already thrilled? Here what you need to go to get started, all 5 different algorithms covered.
How it works:
- Find your vendor. Choose which cloud mining vendors fulfills the above-mentioned requirements and choose the one that suits you the best.
- Register an account. Upon registration, you will be asked for your country of residence, the birth date and, of course, your user name and password. Don’t be afraid, the service keeps your private information secured and protected, this is needed should your account be compromised.
- Cryptocurrency and Hashpower. Decide upon the desired cryptocurrency you wish to mine and the needed hashpower.
Here is a tip for you: Before choosing the particular option, try to understand the main principles of its functionality.
- Pay (in most cases, wire transfers in USD and EUR are accepted) and read the contract and sign it.
- Get paid. Different cloud services that mine cryptocurrencies offer varying first earning time. As we can see from the HashFlare review, for example, you can get your first payment if you use this platform within 24 hours.
Please note: in most cases, to receive any cloud-mining payouts, you need to open a crypto wallet depending on the currency you choose. These days, there are dozens of crypto wallet services, but make sure to choose a secure and reliable one.
To sum up
Anyway, if you do wish to regularly earn Bitcoin or any other digital currency, be the first of your friends to benefit from the state of the art cloud mining service. Definitely, cloud mining is a better alternative to real mining. Start generating revenue right away!
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