Traditional Bitcoin Mining involved and still does the use of mining machines and graphics cards to confirm complete algorithmic transactions in the Blockchain. The miners get rewarded some fee for the use of their hardware or computer to confirm the transactions. However, this method involves purchasing and operating expensive and noisy hardware which consume a lot of electricity. In fact, miners are finding that the traditional method of mining by running algorithmic scripts on their hardware to confirm transaction is not highly profitable anymore as most of the mining contracts are going to larger companies. The larger mining companies have huge mining rigs and other hardware to confirm transactions. Therefore, companies who are offering mining pool service are seeing that most of the old, independent miners are moving into using the pool in order to share in their profits.
Bitcoin Cryptocurrency Cloud Mining
In recent years, the introduction of mining pools have given rise to the concept of Cloud Mining. Cloud Mining involves the use of large mining firms to sell mining contracts (normally with 2 years expire date) to the miners (general public). The miners are able to buy these mining contracts and secure regular passive income on a daily basis until the mining contracts expire. The Passive Income from Cloud Mining is not fixed as mining commission varies day to day. However, this is a create way to create a sustainable Passive Income. Now, what most miners do is that when they purchase a contract with certain amount of hash rate, they compound their income in order to buy more mining contracts. The compounding strategy helps miners to more quickly increase their hashing power and thus increasing their daily Passive Income. Here, below are a list of out top recommended Bitcoin Cryptocurrency Clound Mining Companies.
Top Bitcoin Cryptocurrency Cloud Mining Companies
Here are our list of the top recommended Bitcoin Cryptocurrency Cloud Mining Companies. We have done extensive research into these companies to conclude that they are stable and sustainable companies to invest in generation regular Passive Income.
Now, Bitcoin Cryptocurrency will become the currency of the future and Genesis Mining is one of the the largest cloud mining company on the market. You can start Mining Bitcoin through the Genesis Mining cloud starting today, use code: VpN7Ln to get 3% discount on your contracts. Read Genesis Mining Review.
Cryptomining Farm is a cloud mining company based in Thailand. They offer investment opportunities for people to utilise high quality Cryptocurrency mining with guaranteed daily profits. Here, when you buy your cloud mining contracts you have to pay in Bitcoins. Plus, when they pay you, they pay in Bitcoins. Read CryptominingFarm Review.
EOBOT is one of the easiest, cheapest, and best way to get or mine Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Ripple, Dash, Monero, Zcash, STEEM, Ethereum Classic and many others. Their cloud mining contracts start from as little as $10 starting now. Read EOBOT Review.
Minergate is a multicurrency mining pool with easy-to-use GUI miner. Now, using their downloadable software (Minergate) you can mine using your GPU or CPU. They have the option for you to mine Bitcoin, Ethereum, Zcash, Monero and other Altcoins. Their minimum cloud mining contract starts at 20 MGH for $3 approximately. Read Minergate Review…
Nicehash allows miners to sell or buy hashing power (computing power) in the form of Cloud Mining for the purpose of Bitcoin and other Cryptocurrency creation and Blockchain transaction confirmation. They also have an amazing downloadable soft which you can connect to your GPU and start mining straightaway. Read Nicehash Review…
More Coming Soon
Now, bookmark and save this site as we research and discover more and more mining opportunities, we will list them here. We will only list companies after extensive examination and review. Our test will involve making sure that these mining companies pass longevity and profitability.
Bitcoin Cryptocurrency Mining Video
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