If you want to know how to mine Bitcoin, you have two different steps you can take: Go through a cloud mining company, or buy and use your own hardware. We’ll look at both options and why, though neither are cheap, cloud mining represents the safest investment for your money.
Cloud mining is the practice of renting mining hardware (or a portion of their hashing power) and having someone else do the mining for you. You are typically ‘paid’ for your investment with Bitcoin. Even if the hardware isn’t used for mining Bitcoin. As with general investing, it’s important to do your research, because there are a lot of companies out there which purport to be the best and even the largest have their detractors.
Once you have picked a cloud mining provider and signed up, you need to pick a mining package. That will typically involve choosing a certain amount of hashing power and cross-referencing that with how much you can afford to pay. Typically, paying more will give you a better return or you will turn a profit quicker, but that’s not always the case.
After choosing your contract, most cloud mining companies will ask you to pick a mining pool. That’s where you choose a global mining team to join.
It’s a method of increasing the chance of earning Bitcoin through mining and it’s a standard practice in the cloud and personal mining. There are pros and cons of different pools that go beyond the scope of this article, but joining an established and proven pool with low fees is likely to be your best bet.
One of the most popular and dependable pools for new miners is Slush Pool, but you should always do your own research. Like companies, many pools aren’t trustworthy.
Once you’ve completed that step your cloud mining can begin and within a few days or weeks, you should start to see your cloud mining account begin to fill with Bitcoin. Withdrawing it and putting it into a secure wallet of your own is a good plan as soon as you have a small holding, though some cloud miners will allow you to reinvest your earnings for greater hashing power.
Crypto Mining provides its users with an effortless cryptocurrency mining experience by operating state-of-the-art mining devices by experts in sheltered facilities. It differs from its competitors with its international operative capacity, numerous patents and research, the contribution of respected managers and experienced team, user-oriented thinking structure and investments in technology. With these features, it can offer the most affordable prices in the market without requiring additional commissions or additional fees.
Crypto Mining is the simplest and most profitable cloud mining solution on the market. It presents mining as an experience with its new generation interfaces, transparent mining approach and customer-oriented thinking style. Let us show you why our clients come back to us time and again.
· Daily Return Distribution
Coins earned are reflected in the wallet of the user at the end of each day. Follow what is earned and securely store the fund.
· Superior Mining Technology
We supply the best and latest hardware for different coin algorithms, achieving maximum power with the best technology.
· Multi-Algorithm & Coins
The platform supports many algorithms and coin types. The users are aimed to have plenty of options to choose from.
· Hash Power Allocation
You can distribute the hash power you bought among multiple coins and create a portfolio for your investment.
· Maximum Security
High level of protection is provided against hacking and manipulation while only the mandatory information is asked.
· No Fees & No Additional Cost
Users have the exclusive mining opportunity and ability to use all the platform features without paying any additional commission.
· User-Friendly Interface
Mining information, platform wallet, return calculator, reports, and charts. Simple as it is with minimum effort and time.
· 7/24 Customer Support
With great hash power comes great responsibility. Crypto Mining team is always on your side to make technology accessible and simple.
· Create An Account.
Be a part of the family we care and be a partner of our investments. Start using platform features immediately with ease.
· Choose Coins To Mine.
Choose mining algorithm and available coins and start investing. Feel free to distribute your hash powe on plenty of coins.
· Accumulate Daily Return.
Platform allocates return on daily base creating the best cloud service yet. Platform wallet will display ROI with complete transparency.