Category: Cloud Mining Online

Cloud mining worth it in 2017…?

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Okay so I have researched this topic a bit extensively and I believe I have come to a conclusion, maybe some of you have came to the same one as me, who knows, lets see… Bitcoin is basically the entire backbone of all cryptos. I honestly could see bitcoin outperforming gold this year. If it’s possible than there could be way more barriers being broken for all cryptos I’d imagine.

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Now back to the topic at hand…

So the cheapest “top of the line” miners are not only insanely large, noisy, and power hungry for the consumer market, that it really isn’t the most profitable investment in the long term. The hardware needs to not only be maintained by you but any damages as well. Then there’s powering them which isn’t cheap unless you have an unlimited supply of free energy. It’s a lot of stake to put in for people who are still just grinding just to survive.

All of these factors scare me from attempting to get into owning any mining equipment.

Now cloud mining is what is revolutionizing. It brings the convinience of mining except none of the physical requirement for doing (hense the name cloud mining). Now I know most on here are at least somewhat familiar with mining, see people constantly talking about it, of course we’re on a crypto platform! This is just a comparison to put it simply.

So to answer the question…

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Is cloud mining worth it in 2017…?

Yes, this year is the year for cloud mining. The rates for gh/s have only gone down and making returns has never been easier.

Getting started is even easier and here is my list of favorite cloud mining sites that I approve of and have some merit to them (Note all mining companies have some slight risk but as does all crypto).

#1 Hashflare

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HashFlare is the number one site with easy withdrawals. buy hash power and start mining. Sit back let the system work for you.

 

All in all, crypto is only growing as an idea, just as our consciousness is ever increasing with each passing day. So it’s best to be a part of it now early on so you can be ahead of the rat race. Decentralized currency is the future, time to embrace it.

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Genesis Mining Cloud The Way Forward

With recent rise of bitcoin and other Alt coins the way forward to mining and earning is cloud mining. You get a good return and steady income. I have been using them for a couple months and there is big returns.

They have released some new contracts plus you can get 3% on every purchase if you use this code: QRryi0 

Use that code its from Genesis they offering 3% on all purchases for life on any purchases

Genesis mining offers great mining contracts to suit all. To build a mining rig will cost you at least £4000 for a good one. With that amount money I cant afford that but with Cloud mining you could spend £100 and still earn a good return and build it up.

Get a Genesis account now

Use the code: QRryi0 

Enjoy and Start investing for the future as bitcoin will surpass new levels in months too come

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Ethereum More Profitable Than Ever Before Wow…..

What is Ethereum?

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM).

Sourced from

Ethereum – Wikipedia

So I have been mining Ethereum for some time now. I mine it on a Cloud site and I mine it with my GPU. Depending on what suits you. I think they both work. I prefer cloud mining as less cost and easier to mine but more risk as sites can go down.  But I have found a Site I use and Recommend as I have used them for a year and half with no faults and no issues. I recommend HASHFLARE.

What is Hash Flare?

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HOW IT WORKS?

HARDWARE

Hardware
Miner is a highly efficient piece of mining equipment specially designed for cryptocurrency mining. Our datacenters house hundreds of miners.

POOLS

Pools
Miners are connected to pools. There are many pools so HashFlare allows you to connect to ones you choose. This allows you to find the most profitable combinantion.

PAYOUT

Payout
Next, all mined cryptocurrency is distributed among all customers of HashFlare depending on their share of hashrate in the whole system.

Sign Up Now For FREE

 

So That is Cloud mining. But you can also Mine With your GPU.

What Is GPU Mining?

A Bitcoin mining module is usually a worker as assigned in the Bitcoin miningsoftware. For example, four GPUs are plugged into the motherboard constituting the Bitcoin mining hardware. Then the Bitcoin mining software identifies each GPU as a unique worker.

So this example is about Bitcoin but I am using my GPU to mine Ethereum which is more profitable. As it works better with a GPU processor. So in order to mine with your GPU.

You will need to mine with a pool or solo. I prefer Pool mining which this is about if you want to solo mine you will need to research on youtube.

The pool I am mining with is called ethereum.miningpoolhub.com

Its easy to join its free. Get your self setup then all you need is a good GPU. and you willl need a GPU miner. Ether for Nivida or Radeon. What ever you have you need one. I use QTminer or Claymore miner.

There are many videos on how to get setup I have made a video on my proof of progress and how I use qtminer to mine I will post it below this to show you how to get started.

Well i hope this will help you get started and to the future of ethereum.

If you need a wallet then I recommend Coinpayments as it supports 50+ coins. And works well easy to setup multiple wallets Free to join.

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Whattomine.com is a great Site that can assist you in choosing the right coin that suits your setup.

Join me on youtube

 

Subscribe to my blog for Future Updates

Enjoy

Michael

 

 

 

Bitcoin Cloud Mining 2017

HASHFLARE Discount Code: 388582

hashflare

HASHFLARE INTRODUCTION

HASHFLARE is a new range of cloudmining services brought to you by the HashCoins team of cryptomining experts. Their team has been involved with cryptocurrencies since the inception of Bitcoin and has over 3 years of experience in the field of mining cryptocurrencies.

Their goal is to make mining accessible to all users regardless of age, location, investment, technical nouse or experience. they want to give our customers an opportunity to try out cryptocurrency mining and earn Bitcoin as a reward. On a larger scale, they hope to contribute to the development of mining services and subsequently to the development, establishment and adoption of Bitcoin both as a currency and as an economic system.

Cloud mining offers a unique option for mining with a low cost of entry as well as minimal risk and expense, which is opposite to traditional models of mining that involve procurement, maintenance and configuration of highly specialized hardware.

Due to the very complex nature of mining and its dependence on many external factors (mining difficulty, bitcoin exchange rate, utility costs etc), it is next to impossible to predict the size of an individual’s earnings. One thing that’s not difficult to predict is Bitcoin’s prominence as a major disruptive technology for decades to come.

HASHFLARE DISCOUNT CODE:388582

HASHFLARE FACTS

MONITORED | INVESTED
Since 8 NOVEMBER 2015

 

PAYMENTS | YES
MANUAL

 

PRICE
From $ 2,20

 

ROI (Return on Investment)
240% Per Year

 

SUPPORTED WALLETS
BITCOIN

 

MINING COINS

 

ALGORITHM
SHA-256, SCRYPT, ETHER, X11, EQUIHASH

 

LANGUAGE
English, Russian, German, Italian, Spanish, Portuguese, Greek, Japanese, Chinese

 

WEBSITE
hashflare.ioMore information on Whois

Cloud Mining IS Profitable

What is Cloud Mining Defined?

Cloud Mining is the process of bitcoin mining utilizing a remote data center with shared processing power. This type of mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware.

 

Cloud mining has made it easier for people to mine coins online and not have the stress of building rigs and having to worry about costs of electricity and other means. All you need to do is join a cloud mining group. and Buy power and it mines for you. Some groups charge maintenance but that is good sign that they are legit. If they are Free or make money quick then my experience they end up shutting down. So be careful and dont out all your eggs in one basket. Start of slow and Build it up.

Cloud Mining Sites I use with great Success:

HashFlare

Bitsrapid

 

Bitsrapid has in the past had some problems and they closed down but they have now been running well and they have ironed out all the issues and security has been stepped up. I am getting a good return from them. They normally return in 80 days. Average. Which I think is good.

Hashflare I have been using for nearly a year and there returns are much slower  but they have never let me down and you can mine multiple coins, so you can mine Sha256, Scrypt, Dash, Etheruem and Zcash. So you can choose what best suits your needs.

 

My Cloud Mining Business online Walk-through:

 

Have a great day if you interested in any other coins please leave comments i will investigate get back to you. Thanks