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Bitcoin cloud mining services.
10 Best Bitcoin Cloud Mining Websites [Safe and Trusted]
by Ankur Gupta · November 18, 2020.
Looking for a secure, trusted, profitable, and best bitcoin cloud mining platform? There are multiple cryptocurrency cloud mining websites that offer cloud mining for Altcoin as well. We have listed a few crypto cloud mining services so that you can decide the best bitcoin cloud mining for you.
Cloud mining or cloud hashing allows users to buy mining power that of hardware in data centers build by mining companies. There is a number of players offer cloud mining in terms of renting their hardware for a fixed period of time. These companies return the mined results with the users and cut their profit form that results. In this article, we will discuss some best cloud mining platforms for bitcoin and altcoins.
Choosing the best bitcoin cloud mining service to use is not an easy task because this business is full of scammers. More than 99% of cloud mining providers are a fraud. Instead of actually mining any cryptocurrency, they built an attractive website and start scamming users on the name of cloud mining.
What are the Advantages of Cloud Mining?
Let's take a look at the advantages of cloud mining:
Higher Profits - because mining providers optimize everything for you, it yields out higher returns. Tranquil and cooler home - no more sound and heat. Less electricity - the consumption of electricity will get a lot lower. 'No' equipment maintenance - no need to sell the hardware, when they stop being profitable. No tension in the configuration of the hardware. Simple and Ready to use: Signup with these providers and start within minutes.
What are the Disadvantages of Cloud Mining?
And now have a look at the counterpart list:
Scam Risk - It always involves the risk of being scammed. Stay away if any mining offers you exceptional returns on your investment. Cost of Mining Operations - users have to pay for the hardware management cost. Unpredictable profit: Profit depends upon various factors. If the value of the coin goes down it may become non-profitable also.
Is it Profitable?
Always keep in mind that returns are not guaranteed and depend on a part on the coin value and mining difficulty, both of which are unpredictable for the future. The lower the coin value, the higher the impact of that fee on mining returns, and the higher the mining difficulty, the fewer coins the same amount of hashrate will return, and vice versa. If we take an example of Ether mining it was less profitable as the price of the Ether was much lower then the current price. If you believe that the value of a crypto coin is going to be very high in 1 or 2 years then it will be much profitable.

Bitcoin


Trustable/Low Risk: Best Cloud Mining Services.
Name / Logo Details Coin Supported Risk Factor Website Link IQ Mining Working Since 2016 Bitcoin, Litecoin, BCH, ETH, Zcash, Dash, GRIN, AEON, BEAM, DOGE Low Risk IQ Mining Website CryptoUniverse Mining Working Since: Feb 2018 Bitcoin, Litecoin Low Risk CryptoUniverse Website ECOS Mining Working Since 2018 Bitcoin Low Risk (Legalized) ECOS Website.
The Best Bitcoin Cloud Mining Platforms:
There are many websites offering cloud mining. I have picked only a few of them, those are reliable, trusted, and well-known players of the market. Now, let's take a brief idea about recommended cloud mining services:
ECOS Mining.
ECOS is a relatively new player in the field of cloud mining but it is a legally recognized and trustable service. ECOS was appointed to be the operator of the Free Economic Zone in October 2018 by the Armenian Government. Apart from cloud mining, ECOS also sells mining hardware and allows hosting installation through few clicks only. Users can buy the latest mining equipment online and ECOS will set up your installation on behalf of you in the Free Economic Zone of Armenia. Users will also get a manufacturer warranty of the hardware for 180 days. Currently, they offer multiple cloud mining contract for Bitcoin only.
IQ Cloud Mining.
IQ mining uses smart mining techniques at affordable prices. It offers the most profitable cloud mining contracts for popular cryptocurrencies. Their profit calculations based on the most efficient mining hardware with minimal contract maintenance costs. They offer Bitcoin payments on a daily basis depending upon your purchased MH/s power. They offer a mining contract for 1 year to a lifetime. IQmining supports mining contracts for Bitcoin, BCH, LTC, ETH, XRP, XMR, DASH, and many more cryptos.
How to use IQ Mining : There are different investment packages. For e.g., if you buy the Silver package, you will get 10% bonus above your payouts. In the Gold package, it is a 20% bonus.
If you invest 0.01 to 0.1 BTC you will get the Bronze package. For investments between 0.1 to 1 BTC, you will get a Silver package. Between 1 to 10 BTC, you will get Gold package.
They are offering limited period offer: Get 30% Off on all contracts.
CryptoUniverse.io.
CryptoUniverse.io is a cloud mining farm that dates back to 2017 when they launched its first-ever test mining farm with an initial aim of introducing more people to the idea of blockchain mining and cryptocurrency.
The company has been offering BTC and LTC cloud mining contracts at different budget rates since 2017 and since then there has been no looking back. Furthermore, the farm has its very own data center with a total power capacity of 20 Megawatt and has 12000 miners operating round-the-clock in the station.
The company also accepts distribution mining contracts from companies like Bitmain, Ebang, Innosilicon, and Canaan. Prospective clients can buy contracts starting at a price of $23.9 for 1 Th/s. In addition to that, you can pay very low maintenance fees in advance to benefit an added discount of 4%. For promo offers and current discount rates follow the latest news on the social media platform of CryptoUniverse.io.
The CryptoUniverse platform also offers referral programs through which clients can now earn up to 10% of the contract price by following the referral link. The platform offers a variety of mining contracts available at affordable budgets. Another unique feature of the CryptoUniverse platform is that the contract prices change according to the market values which keeps you updated with the changing market variables of the crypto world.
HashGains Bitcoin mining.
Another cloud mining service provider that helps you to mine bitcoins and Altcoins in the best possible and easiest way. Its parent company is Cyfuture which is serving for more than 15 years in the Data Centre Industry. Based on State-of-the-Art technology, HashGains uses the best ASIC (Application Specific Integrated Circuit) and GPU services available. The platform supports multiple cryptocurrencies and has a 99.9% uptime. There is 24/7 technical support and it also provides legit mining where all the coins are new. HashGains also have multiple Data Centres in India, China, and the U.S. It also promises to give high ROI on investments made.
How to use HashGains : First you need to register on the platform. Then you need to choose your preferred plan and make the payment. After that, you can just start collecting bitcoins. HashGains can be used in three methods.
Pay per share method where it uses the ASIC mining method, which is one of the basic mining methods used in cloud mining. Proportional Method where miners earn shares until there is a block in pool sharing. After that, they earn a fixed number of shares. Bitcoin Pooled Mining method where newer shares are given much more preference than older shares.
Eobot Bitcoin Cloud Mining.

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Ultimate bitcoin miner software 2019 learn to mine bitcoin with laptop|15:46

Bitcoin

Hashing24 Cloud Mining:
Hashing24 was developed mainly for individuals who can easily access the Bitcoin mining technology without getting into the intricacies and technical complications of cloud mining. The interface is very easy to use and it provides 24-hour customer support by a highly proficient team.
How to use Hashing24: Users have to first register which takes only about 2 minutes and then chooses hashpower, which boosts the Bitcoin mining process. Then you have to pay for your contract and the order is placed in the largest mining center BitFury. The mining process starts automatically and you will start receiving bitcoins, which can be withdrawn on the same day. Hashing24 is one of the most stable futuristic cloud mining platforms with very efficient technical support.
HashNest Cloud Mining:
Launched in 2014, HashNest is one of the biggest cloud mining companies today. BitMain Technologies is the Parent company of HashNest and its headquarter is in Beijing, China. HashNest allows its users to participate in Bitcoin mining through transactions of hashrates and the profits are instantly deposited in the BitMain Wallet. Participants can simply download the Mobile App and use it anywhere and anytime. PACMiC (Payout Accelerate Cloud Mining Contract) is another feature offered by HashNest. Here you don't have to pay any costs after mining as BitMain already pays for you.
How to use HashNest: Users first have to register for a HashNest account and will simultaneously get a HashNest wallet. Then they have to deposit bitcoins into the wallet and buy hashrates and the cloud mining starts. The amount paid on HashNest is based on PPLNS or Pay Per Last N Shares method. There is a 2FA or two-factor authentication process for HashNest users for optimum security.
HashFlare Bitcoin mining.
Hashflare is a Europe based bitcoin cloud mining company. The company was founded in July 2013 and started its cloud mining service in April 2015. Hashflare is a part of HashCoins that creates ASIC bitcoin miners. Similar to Genesis mining, Hashflare also offers lifetime Bitcoin mining contracts ( remember as long as profitable), Ethereum cloud mining, Zcash cloud mining, Dash cloud mining and Scrypt cloud mining.
Similar to Genesis it is one of the two most reputed cloud mining providers with a large number of users. It offers daily payouts and available payment methods are Bitcoin, Credit card, Webmoney, Payeer, Wire transfer, and EMC.
Discount: Click on the button below and signup for an account to avail discount on your purchase.
Genesis Cloud Mining.
There are only a few reliable cloud mining companies who actually set up mining hardware and mine crypto-coins for you and one of them is Genesis Mining. Genesis mining was started in 2013 an is one of the oldest companies around. Genesis has established a publicly known mining farm in Iceland.
Currently, they are offering mining powers for Bitcoin, Ether, Zcash, Monero, Dash, and Litecoin. You can start mining within minutes. Available payment options are Credit cards and some crypto coins.
Discount Coupon: Copy and paste this code (as shown in the image below) at the time of payment to get 3 to 5% discount on your purchase: 1yelG5.
Final Words:
I hope you enjoyed this article and it will be useful for the user to find-out Best Bitcoin Cloud Mining. It is my advice that never goes for any other cloud mining service as most of them are a scam. Please share your feedback and experience with us in the comment section below and let us know if you need any help. Happy Mining.
Fastest Bitcoin Cloud Mining Platform.
Hashbitpro offers you the best bitcoin cloud mining services without the use of expensive equipment. Start earning bitcoin from cloud mining today.
We bring you 20% Discount to assist you in this COVID-19 outbreak.
Discount Ends in:
At HashBitPro, our service makes mining Bitcoin accessible to everyone.
Security & Stability.
Secured and 99.99% running time since launched.
Provide real-time and detailed statistics of earnings.
Low Fees.
Lower fees ensure higher mining earnings.
The mining starts immediately after confirmed payment. First payouts within 1 Week.
Why Choose Hashbitpro?
We offer you the fastest and the most safe and transparent way to successfully accumulate BTC. Our advanced technology does all the hard work. Own Data Centers 24/7 Customer Support DDoS Protection 99.9% Uptime Guarantee Instant Setup.
How to start mining?
Simply select the desired hardware power and generate revenue!.
Mining hardware is a highly efficient piece of mining equipment specially designed for Bitcoin mining. Our datacenters house hundreds of miners.
HashBitPro connects you to the best pools, giving you the most profitable combinantion.
Payouts.
All mined bitcoins are distributed among all customers of HashBitPro depending on their share of hashrate in the whole system.
People Using our mining machine & Counting.
Our service makes mining Bitcoin accessible to everyone.
24464.
BTC purchased so far & Counting.
$3,100,469.41.
Flexible Pricing Plan.
We give you the flexibility to buy as much hash rate as you want!
SHA-256 Algorithm.
Average daily profit: 0.4%
Withdrawal available when you earn up to 2.5% accumulated profit.
Package 1.
24 months Contract.
Maintenance Fee: 0.5%
Package 2.
Package 3.
Package 4.
Package 5.
Package 6.
Package 7.
Package 8.
Select amount to purchase. More Hashpower means faster mining speed.
Contract: 42 Weeks.
Cost: $20.00 per 1 TH/s.
Maintenance Fee: 0.05% of daily earnings.
Get answers to some questions you may ask.
Why is Bitcoin trusted?
What are the payment options?
Where is your mining farm located?
What is TH/s?
What influences my income and profit?
What is the maintenance fees?
The maintenance fees covers all costs related to mining including : • electricity cost • maintenance • hosting services • cooling.
It currently applies to SHA256 contracts, and it is calculated per GH/s and automatically deducted on a daily basis. The current maintenance fee details is provided in the contract. Those fees have a affects your profit.
Time Frame BTC Reward Revenue USD* Power Cost (in USD) Pool Fees (in USD) Profit (in USD) Hourly 0.00003275 $0.62 $0.16 $0.00 $0.45 Daily 0.00078595 $14.78 $3.90 $0.00 $10.88 Weekly 0.00550162 $103.46 $27.30 $0.00 $76.16 Monthly 0.0236 $443.38 $117.00 $0.00 $326.38 Annually 0.2869 $5,394.44 $1,423.50 $0.00 $3,970.94.
* Bitcoin Price at $18,804.47 USD.
Bitcoin mining Difficulty Bitcoin Block Reward Bitcoin Price 17,596,801,059,571.00 6.25 BTC $18,804.47 (BTC to USD) Bitcoin mining Hashrate Bitcoin mining Hardware Watts Bitcoin mining Hardware Cost Electricity Costs 110.00 TH/s 3,250 Watts $2,407.00 $0.05 per kWh.
A BTC mining difficulty of 17,596,801,059,571.00, a BTC mining hashrate of 110.00 TH/s consuming 3,250 watts of power at $0.05 per kWh, and a block reward of 6.25 BTC at $18,804.47 (BTC to USD).
After deducting mining power costs and mining fees, the final daily Bitcoin mining profit is $10.88 Bitcoin to USD .
Disclosure: The Profit Details are the result of a chosen budget of $ 10,000.00 to purchase Bitcoin mining servers that are hashing 76 TH/s at a price of $ 25 per terahash. This assumes a total hashrate of 400.00 . The Profit Details also take in consideration the current network hash rate of 1.7596801059571E13 and current BTC/USD exchange rate of 1 BTC = $ 18,757.41 . These figures vary based on the total network hash rate and on the BTC to USD conversion rate. Block reward is fixed at 6.25 BTC. The Profit Details do not take into account any future changes in block rewards, hashrate and difficulty rate. All inputs in this calculator vary over time. The profit details is based on current values only and should be used as a guide only.
How to Mine Bitcoin?
Analogies involving bitcoins and gold are hardly out of place, considering that both resources are limited and make up dreams and competing ambitions of many. Mining a single bitcoin can rob one of thousands of dollars in a single year - if this user is actually lucky enough to get this outcome. The following guide is supposed to be a helping hand for those who want to try their luck at mining bitcoins.
In addition to luck, prospective miners will need to understand that today's demands of Bitcoin mining are a completely different beast to what this activity required upon its launch in 2009. Back then, it was possible to mine the Bitcoin using a personal computer. Now, with more and more miners joining the race for bitcoins and the market becoming largely saturated, only those ready for substantial initial investments can expect just rewards for descending into a Bitcoin mining pit.
Three Basic Bitcoin mining Philosophies.
Going back to the mining basics is helpful, as one of the sharper tools at a beginner miner's disposal is his/her knowledge of the basic relevant terms, such as "blocks", "hash rate" etc. The decision on the mining budget really depends on your readiness to stick to one of three dominant approaches to mining:
Investing a lot into buying your own mining equipment and keeping all the profit to yourself Combining mining resources as part of a mining pool Using cloud mining resources based on subscription model.
The catch with these approaches is the fact that all of them come with a clear cut set of benefits and weaknesses, the importance of which will largely depend on what you are trying to achieve with mining and in what timeframe. So, let's dive into these options in more detail.
Getting Ready for Solo Bitcoin mining.
Solo mining may be considered a riskier option since its profitability has changed (mostly negatively) over the years, with prices of dedicated hardware experiencing unpredictable intervals of spikes and drops. The same goes for electricity, but your mileage may vary here, depending on the national price levels for this type of energy in your region.
You can start out by looking into Bitcoin mining calculators which will give you an overview of potential profits you can expect to make from investing in a particular type of mining hardware. Available options include CryptoCompare, Crypto Mining Tools, and similar platforms. These calculators consider the following parameters:
Hardware Costs Hardware Efficiency Electricity Costs Bitcoin mining Difficulty Network Hash Power Bitcoin Price Block Reward.
You will be required to supply information on the hash rate and power consumption levels of the mining hardware you consider for purchase, alongside other required information such as electricity costs in your area. The more information you feed into the calculator, the more reliable the resulting assessment will be. Bear in mind that some countries may score better on their investment/gain ratio for Bitcoin mining (such as China or Venezuela), so this parameter should be a useful early consideration prior to buying hardware. In any case, it is useful to know that China has been dominating the global mining market based on its cheap electricity.
Getting the Best Mining Rig.
Speaking of hardware, the price of Bitcoin mining rigs should be next on your to-do list prior to making yourself a miner. The old golden rule applies here, as investing more than you are prepared to lose is usually a bad opening move in this game.
In an era when buying bitcoin on a cryptocurrency exchange seems a more reasonable option for acquiring it, building a personal mining rig requires extensive knowledge about the right sort of hardware required for mining. The history books tell us that CPUs, GPUs, and FPGAs which were initially used for mining are now usually outclassed by application-specific integrated circuits (ASICs) which function as integrated circuits customized specifically for mining. The major manufacturers of these devices include Cannaan, Bitmain, and others, with their products' average prices ranging from anywhere between USD 1500 to USD 3000 and more.
Going the route of building an independent rig will require you to consider at least some of these points in advance:
Do you have enough space for a rig and is the environment potentially flammable? Which motherboard, GPU, processor, RAM and storage devices hit the sweet spot when it comes to price/performance ratio? Do I have adequate power supply hardware which can meet the electricity demands of the mining rig?
Once you have these answers, you can be on the lookout for the Bitcoin mining software, which comes in various flavors, yet with a single purpose. While the mining itself is handled by hardware, the mining software is your bridge to the Bitcoin network and its blockchain. Thankfully, compared to hardware and power supply considerations, choosing the right software is arguably easier affair, with popular options including Bitcoin Miner, BTCMiner, CGMiner, EasyMiner, etc.

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Very Fast Bitcoin Miner using Laptop Processor CPU i5 i7|5:25

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Mining Benefits, Warts and All.
Going solo with Bitcoin mining is a daunting prospect in 2019, with its single benefit being the fact that whatever is earned through mining is yours for keeping only. Yet, keeping one's profits means that initial investments needed in this day and age may require purchasing hundreds of pieces of dedicated mining equipment such as ASICs. This comes with the need to provide electricity for hundreds of rigs as well to amass enough power to compete not only with other individual miners but with those who participate in mining pools as well. This can create additional demands for ventilating and cooling equipment which, guess what, requires additional electricity supply.
Thus, the best option for going solo is making sure you have access to cheap electricity, paired with a favorable climate that does not require industrial-grade coolers and sufficiently deep pockets for initial investments.
Pooling Your Mining Strengths.
Joining a mining pool is yet another option for a prospective bitcoin miner, setting itself apart from solo mining by being cheaper and more accessible in general. Mining pools comprise a group of miners who combine their computing and processing power and share profits. There's usually a fee which needs to be paid by members of such pool but the overall costs of mining a single block are only a fraction of what is required if you do it solo. At the same time, joining pools puts considerably less pressure on a miner in terms of the mining capacity of their rigs, as well as on the need for meeting electricity demands.
Pool members agree to share mined bitcoins among themselves, which makes access to regular payment in BTC a more feasible prospect. Joining a mining pool has several requirements, some of which cover the same grounds as those for solo mining:
Access to a mining rig Functional mining software Cooling fans Power supply units Bitcoin wallet Internet connection.
In addition to the mining calculators, pools will usually offer access to the dedicated interface allowing users to check how much they manage to mine by entering their wallet addresses on the pool's website.
Things to Consider When Joining a Pool.
All of this comes with the need to pick out the best pool for one's mining needs. Yet, this can take some consideration, bearing in mind that mining pools differ based on the following criteria:
Pool size . Pure logic is applied here, as larger pools will have more miners and offer better chances at receiving a reward in BTC. Yet, the gains need to be split among a larger pool of miners, making them potentially smaller but more regular. Fees charged . Pools charges fees for providing infrastructure and organizing mining. This usually refers to them taking a cut (a percentage) from the profits you make and this is done automatically. The usual cuts can range from anywhere between 1% and 3%. While going for a pool with lower fees can seem like a no-brainer, one should be careful about those promising zero commission fees to the miners and double check them in advance. Minimum payments supported . This refers to the minimum amount of bitcoin that is available for withdrawal by a miner. Beginners are usually advised to pick a pool with a lower minimum payment threshold if they want their endeavor to bear fruit from the outset.
Whatever criteria you apply here, some of the more popular mining pool options include AntPool, Slush Pool, BTC.com, F2Pool, and others. To avoid frauds, doing some research on newer or less established pools prior to joining them is a must and you'd do well to apply some common sense in that case.
How to Mine Bitcoin in the Clouds.
The third option at the disposal of bitcoin miners is the use of cloud-based mining platforms. This means buying processing power at a remote data center which will mine BTC on your behalf. This option offers some advantages as you don't need to invest in expensive equipment in order to mine. Instead of this, you are charged a fee by the data center which reduces your profit but comes with a guaranteed rate of return on the investment. In any case, you are well advised to do some user feedback research before choosing a cloud mining solution to avoid being exposed to fraud.
Many users might actually prefer the cloud mining option to the hassle of building their own rigs, either for solo or pool-based mining. By analogy, you do not have to worry about equipment breakdowns, but you do not get to upgrade it either. Finally, if all of the above seems intimidating enough, bear in mind that this option does not require you to know much about bitcoins and their mining, making cloud-based mining a viable option for absolute beginners in the cryptoverse.

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How much I made in 8 days - easiest cryptocurrency to mine on laptop|20:00

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Getting Started Mining Bitcoins.
Steps On Using Bitcoin.
1.Learn About Bitcoin.
Bitcoin is not the same on what you are using on a daily basis or the things that you might know. In order for you to be able to start using Bitcoins without any pitfalls or unsecured transaction, you should refer some guides on how to start with.
2.Decide Your Desired Wallet.
On you daily life transactions, wallet plays important role that it can be just put on your mobile or computer and bring it anywhere you go. Though it is important to choose what satisfies your requirements, you can choose or change anytime you want.
3.Accept Bitcoins.
You can get Bitcoins by any payment you receive from selling or buying transactions whether from a friend, a client or somebody near you. Using your bank account, you can also get BTC from exchange industries.
4.Use Bitcoins For Purchasing.
There are huge amount of merchant, sellers and buyers that uses Bitcoins all over the world. You can start doing transactions to them and abide honest ratings for visibility purposes.
Steps On Accepting Bitcoins.
Bitcoin doen'st need merchants to process any transactions. Bitcoin is a bit different when you compare it on what you have been using everyday. Hence, using Bitcoin is very cool but you have also to understand the concept and even the worst thing to happen when you failed using it carefully.
2.Process Payment Transaction.
Processing invoices or payments with Bitcoin is so easy where you can use merchant services or even process it by your own to deposit money on your currency or Bitcoin. Commonly used on POS are phones or tablets for clients and customers convenience where they can just use phones and mobiles.
3.Taxes and Accounting.
Contacting a qualified accountant is way more safer in terms of buying items from merchants and compute the appropriate tax where merchants happen to display their product information on local currency. Tax compliance is a must and you can have a lot of ways to comply easily.
4.Becoming More Visible.
A lot of BTC users have been searching for ways and steps on how to use their cryptocurrency in purchasing items anywhere. You can put your business to online business pages in order for you to be visible to anyone.
How to Get Started in Bitcoin mining And Making a Profit.
With all the craze around Bitcoin and the other cryptocurrencies recently, it wouldn't be surprising if you are also looking to get involved in it. Some of you might just want to buy and trade Bitcoins and make a profit, while others might want to go the mining route to earn Bitcoins. If you are the latter and are looking for a head start, in a nutshell, this will show you how to mine Bitcoins.
Before we go into the details, let's clarify what Bitcoin mining is. According to the Bitcoin wiki, "Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions." In laymen's terms, you use your computer (or other device) to do complex computations and get paid in bitcoins as a reward.
The amount you make depends on your "hash rate" (the speed at which your machine processes transactions) and the difficulty of the tasks. As task difficulty rises over time, you need more and more powerful machine(s) to mine Bitcoins.
Bitcoin mining Options.
With Bitcoin mining there are two approaches - buy your own hardware or buy a mining contract from a cloud miner. Buying a contract is easier and cheaper initially because you don't have to throw thousands of dollars into your own hardware, but you have no physical control over the machine, and there are really a lot of scammers out there.
There are contracts for $1 or $2 a day and also contracts for thousands of dollars a month - it all depends on what processing power you purchase. The main risk here is that if the provider is a scammer, you end with neither bitcoins nor the fee you paid.

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First look at the Safex Cash 1 Click CPU Miner|6:28

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Become Your Own Miner.
If you decide Bitcoin mining contracts are not worth it for you and becoming your own miner makes sense, here is what you need to do.
1. Buy Bitcoin mining Hardware.
Long gone are the days when you could use just an ordinary PC to successfully mine coins. With the increased difficulty and competition from other miners, using just an ordinary PC is useless because it's almost certain you will pay more for electricity than you will earn. Additionally, mining is pretty resource-intensive, and it's quite possible you will burn your PC.
In order to mine bitcoins, you need dedicated hardware. You can create your own mining rigs or buy a dedicated miner, such as the AntMiner series. When you are choosing mining hardware, you should care mostly about its price per hash and its electricity consumption. You can get miners for as low as $500, but basically the more expensive ones are more feasible if you are serious about Bitcoin mining.
2. Get Bitcoin mining Software.
After you get the Bitcoin mining hardware, you need software. The most popular programs are open source and free. If a command line doesn't scare you, you can get CGminer or BFGminer. If you prefer GUIs, check EasyMiner.
3. Create a Bitcoin Wallet.
If you don't have a Bitcoin wallet by now, create one. You need a wallet in order to receive your payments. You can go with a free online wallet, such as SpectroCoin or CoinSpace, a software wallet you store on your computer, a paper wallet, or a hardware wallet for max security. If you are new to Bitcoin, start with a free online wallet and then move to more advanced wallets.
4. Join a Bitcoin mining Pool.
While you can mine on your own, you can earn more if you become a "worker" with a Bitcoin mining pool. As with wallets, there are hundreds of pools to choose from, and I can't recommend a single best one. I hear that BitMinter and SlushPool are two of the better ones, but don't take this for granted, check it out on your own.
Bitcoin mining certainly isn't easy (or cheap) these days, but if you are serious about it and are willing to take risks, it could be a really profitable activity. In any case, be prepared to lose some money - it might not happen, but don't count on it. Actually, it might turn out it's cheaper to buy coins on the market rather than mine them, and it's best if you make your profitability estimates before you buy the mining equipment.
I am a fulltime freelancer who loves technology. Linux and Web technologies are my main interests and two of the topics I most frequently write about.
How to mine Bitcoin for Free and without investment.
Here is How to mine Bitcoin for free and without any investment. There are some best Free Cloud mining sites from where you can start mining bitcoin for free.
Bitcoin the most prominent word almost known by all of us but do you know what exactly it is? Bitcoin is a cryptocurrency or a form of electronic cash. It is a decentralized digital currency which does not have any center or any manager. It is a peer to peer network which allows us to transfer bitcoin and make the transaction by the users easily without a need of any conciliator. Transactions are verified by network nodes through cryptography and are recorded in a record called a blockchain. However, Bitcoin was invented by a mysterious person or a group of persons using the name Satoshi Nakamoto. It was released as an open source system in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. However, Bitcoin is a kind of reward processing unit which is very common nowadays we will also discuss some of the ways to earn free bitcoins so stay tuned.
Bitcoin mining is the process of addition of transactions or records to the public ledger or blockchain. However, the purpose of mining is to provide security to the Bitcoin nodes. Bitcoin Miners are rewarded for providing the computational power which it the part of transaction fees. The process of mining depends on the hash rate or the computational power of the device. Furthermore, Bitcoin mining network difficulty increases as competition increases. However, you can mine Free Bitcoin .

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How To Increase Mining Speed - CryptoTab Browser 100% Working|4:50

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What is Bitcoin Cloud Mining?
Bitcoin Cloud mining is enabling users to purchase the computational power of the hardware. Furthermore, It is the process of mining Bitcoins without any need for managing hardware, software, electricity, and other things.
1. Pros of Bitcoin cloud mining.
No heat to deal with. Silence as you don't have to deal with humming mechanical sounds. Also, No Electricity cost to pay. As mining becomes no more profitable no tension to sell this mining equipment. Lastly, No problem with purchasing more mining hardware.
2. Cons of Bitcoin Cloud Mining.
More fraudulent practices. Also, Fewer profits as cloud mining are more expensive Also, The satisfying curiosity of Bitcoin mining is not possible. Lastly, No more fun with Bitcoin mining it's just like an investment in the stock market.
All you need to do cloud mining is a computer or graphics card and internet connection. The software for cloud mining can be downloaded and installed on your computer and start mining bitcoin for free. Furthermore, There are some free services which offer cloud mining services for everyone.
Disclosure: The Profit Details are the result of a chosen budget of $ 10,000.00 to purchase Bitcoin mining servers that are hashing 76 TH/s at a price of $ 25 per terahash. This assumes a total hashrate of 400.00 . The Profit Details also take in consideration the current network hash rate of 1.7596801059571E13 and current BTC/USD exchange rate of 1 BTC = $ 18,777.87 . These figures vary based on the total network hash rate and on the BTC to USD conversion rate. Block reward is fixed at 6.25 BTC. The Profit Details do not take into account any future changes in block rewards, hashrate and difficulty rate. All inputs in this calculator vary over time. The profit details is based on current values only and should be used as a guide only.
How to Calculate The Profit of Mining Bitcoin BTC.
So you've got a system that you want to try mining some Bitcoins (BTC). The first question you're going to as is "Will it make any money?".
That's a great first question and one that's pretty easy to answer. All you need is two pieces of information and you can get a quick (rough) answer. This information is:
How quickly can the system generate cryptocurrency? How much electricity does my system use to do it?
Once you have that information you can use the excellent mining calculator at Cryptcompare to do the math using the current market values to give you an answer.
Benchmark the speed of your rig.
Head over to my Benchmark Your Linux Bitcoin or LiteCoin Mining Rig With BFGMiner article to get some benchmark numbers.
After you have run BFGMiner in benchmark mode you will have the number of hashes per second your system can crunch. The more hashes per second your system can crunch the more profit it will generate.
You can get a figure for either SHA256 or scrypt hashes. The default hash for BFGMiner is SHA256 which is the one used by Bitcoin.
Next, let's work out how much electricity your system uses to generate those hashes.
How much electricity are you using?
There are two ways to measure how much electricity your system is using. You can:
Physically measure it with electricity usage meter like the Kill A Watt. Measure from the "inside" with Powertop software utility.
Using a physical device will give you an accurate result but Powertop will give you a quick number right now.
First, install powertop on your Linux system.
Next, fire up the benchmark tool to load up the GPU and all the CPU cores. When that's running start powertop:
The total power information is shown on the Device Stats page. Get there by hitting TAB three times. The Device Stats page gives you a total power usage figure on the top line and a break down by process under that.
Here's my laptop running BFGMiner in benchmark mode:
It uses 42.1 W while the BFGMiner benchmark was running.
Now, you've got the power use and the hash rate you can work out your profit.
Calculate your profit.
Enter your hash rate. Enter your power use. Enter the cost of your electricity. You can get this from your electricity bill or from your electricity provider's website. Set this to 0 (unless you're in a pool).
The calculator will now tell you much profit you can expect per day.
How to Calculate the Profitability of Bitcoin mining.
The popularity of cryptocurrency mining has increased substantially since bitcoin went mainstream in 2017. Today, graphics cards needed for CPU mining are sold out at many online retailers and Bitcoin mining hardware producers can barely keep up with the demand for mining equipment.
In this guide, you will discover how much money you can make through Bitcoin mining, the different ways you can go about mining, and whether it is even worth pursuing for an individual.
Mining bitcoin refers to providing your computing power to verify and process bitcoin transactions on the Bitcoin blockchain. To reward miners for keeping the Bitcoin network up and running, miners receive freshly mined bitcoin for each new block they mine.
The block reward for each new block is currently 12.5 bitcoin and halves every four years. Miners compete with their computing power to solve complex equations that lead to the creation of new blocks. The more computing power a miner has, the more of the block reward he or she will be able to receive.
For this reason, specialist Bitcoin mining hardware, known as ASICs miners, has been developed and deployed by large-scale mining operations that run entire factory buildings full of miners.
Hardware Mining vs. Cloud Mining.
When bitcoin first launched in 2009, users were able to mine bitcoin on their laptops and desktop computers. However, as the bitcoin network grew, so did the digital currency's mining difficulty. The number of large mining operations proliferated. This continued until the point where mining using a home computer was no longer feasible and specialized Bitcoin mining hardware was introduced.
Today, there are two ways you can profitably mine bitcoin. You can either set up a Bitcoin mining operation by purchasing Bitcoin mining hardware, such as the AntMiner S9 or the Avalon6 and join a mining pool, or you can purchase a bitcoin cloud mining contract.

Bitcoin


How To Mine 1 Bitcoin in 10 Minutes - Blockchain BTC Miner Pro|10:18

Bitcoin

Cloud mining refers to the renting of someone else's Bitcoin mining hardware in exchange for a fee so that you can profit from Bitcoin mining without needing to invest in any physical Bitcoin mining hardware yourself. Instead, you can purchase Bitcoin mining contracts from reputable cloud mining providers such as Genesis Mining and let these companies handle the mining while you receive your mining income minus their maintenance fees.
Due to the simplicity of purchasing cloud mining contracts, cloud mining has gained massively in popularity over the years. On one hand, this has led reputable cloud mining provider Genesis Mining to struggle to expand its mining operations to keep up with demand. On the other hand, it has also attracted a substantial amount of fraudulent cloud mining sites that claim to sell mining contracts but in reality are nothing more than Ponzi schemes. In fact, the majority of supposed bitcoin cloud mining providers that you will find online are scams. So it is very important to only use reputable providers and to conduct thorough research on the provider before purchasing a cloud mining contract .
How Profitable is Bitcoin mining?
To look at how profitable Bitcoin mining is today, you can make use of a Bitcoin mining profitability calculator. However, it needs to be stated that there are certain assumptions that go into profitability calculations, such as where the price of bitcoin will trade and how the mining difficulty will evolve. Hence, any Bitcoin mining profit calculation is only a rough estimate and will not accurately predict mining returns in the future.
Mining with Your Own Equipment: Let's assume you purchase one Antminer S9 with a hash rate of 13.00 TH/s and power usage of 3825 watts at a cost of $0.10 per kWh (roughly the U.S. average) with a mining pool fee of 0.5 percent. Let's say the total cost of your mining set up, composed of the Antminer and power supply unit, will cost you about $3,500.
Should the price of bitcoin stay stable at its current level of $11,000 and should the Bitcoin mining difficulty remain steady at 2,874,674,234,416 GH/s, according to the CoinWarz Bitcoin mining Profitability Calculator, it would take you 372 days to break even and 879 days to mine one whole bitcoin. The annual income, using the above-mentioned assumptions of price and mining difficulty stability, would be 0.415 BTC or around $4,550 at today's market rate.
As the example shows, Bitcoin mining is rather costly to set up and has several variables such as bitcoin price, mining difficult, and electricity costs that come into play. Hence, it is difficult to accurately predict the profitability of mining.
Mining in the Cloud: The math for cloud mining is actually very similar to that of hardware mining. The key differentiating factors are that you have to pay a maintenance fee to the provider and that your contract can be canceled should Bitcoin mining no longer be profitable due to a prolonged drop in the price of bitcoin.
Having said that, the return on investment periods are very similar. According to 99Bitcoins, if you have 1.19 TH/s of hash power with Genesis Mining, which would cost you about 0.139 BTC as a new customer, you would make around 0.00035 BTC each day after the incurred mining fees. That would mean it would take you around 400 days to break even on your bitcoin cloud mining contract.
The benefit of cloud mining is that it is much easier to get started as it incurs less startup capital and requires zero technical knowledge about Bitcoin mining.
Before beginning a mining venture, weigh the cost vs. the benefits.
Should You Mine Bitcoin in 2018?
If you can afford to purchase multiple bitcoin miners, such as the Antminer S9, you can set up a small Bitcoin mining operation, join a mining pool, and start earning bitcoin. However, this will only be profitable if you have low electricity costs. In reality, for most individuals, mining bitcoin using hardware in their home will likely not be a very profitable venture due to electricity and maintenance costs as well as increasing mining difficulty.
As an individual with little investable capital, your easiest option to get involved in Bitcoin mining is by purchasing a bitcoin cloud mining contract. Provided the price of bitcoin does not drop and stay below a price level where mining is no longer profitable, the mining contract should run indefinitely. That means you purchase a mining contract and can receive passive mining income "forever". The payback period for cloud mining contracts, which is dependant on bitcoin price fluctuations, will likely also take around one year.
However, it needs to be said that in recent years buying and holding bitcoin has generally been more profitable than mining bitcoin as an individual, regardless of whether you purchase a cloud mining contract or mine using hardware.
At the end of the day, the decision or mine or not comes down to what type of investor you are. Do you prefer to receive a small but steady weekly/monthly income in bitcoin or do you prefer to benefit solely from bitcoin's appreciation in value? The historical data points to the latter being the better choice but some investors may prefer the regular income option.
To learn more about bitcoin investment opportunities, subscribe to the Bitcoin Market Journal newsletter today!
Naija Troop.
Learn how to: Blogging tips, Tech Related, Gadget Review, Computer Tips, How to, iPad tips, iPhone tips, Technology, Myspace, Freebitcoin Tips, Google Tips, Clickbank tips, Software Download, Seo tips,Facebook tips, Apk Download,
Best Bitcoin mining Software for PC, Mining 0.1BTC In 40minutes With Your PC.
After downloading the software, install and follow the steps bellow:
WARNING : Don't mine in the hot hour.
Make sure its cool before youb start mining.
Recommended time 7 - 12am.
FIRST GUILD :- Create an account and login you account you've created. Make sure you put your correct details.
SECOND GUILD :- After shown your account have been created, you can now login to your newly created account and start mining your free BTC.
THIRD GUILD :- Goto Mining and select on the screen-shot bellow.
8 comments.
Hello Joel. I gave this software and video to a pal of mine based in London and he returned with a claim that it was a scam. After he completed the mining and he paid the mining fee, the amount of btc he mined wasn't reflected in his blockchain account. I'm yet to watch your video though to check out how you were able to withdraw. Awesome videos by the way. you're the best.

Bitcoin

I HEARD IT WAS SCAM.
Yes,it was scam and still is scam.
Thanks for your comment that care. Though many got their payment from this. But, if you were scammed, sorry and thank you for your lovely care to comment this. Many will learn from your comment. Thank you once again!
how long does it take to download?
MR UNBROKEN U R NOT ALONE WHO GOT SCAMMED.
Great!, i was able to DL and install the app. However after 40min of mining following the instructions from the vid. Still zero BTC. lolx.
Bitcoin mining hardware requirements.
Mining rigs come in all shapes and sizes. For the purpose of this guide, we will focus on building a very basic rig. This guide is intended to get you started and to assist in building your first rig. Once you know how to build one, you can grow your rig empire as big as you want. We will show you how to build your very first rig for under $1000. If you don't want to invest any money in hardware and simply want to use your current computer to start mining, you can skip ahead to Part 2: Software Requirements.
The first thing you need to know about mining, is that currently, mining power is processed using your graphic's card (GPU). The days of mining with your CPU only are long gone. GPU offer a much faster way of solving the algorithms required to generate your coins. GPU's should be your main focus when designing your rig. You can get a full list of the various GPU's and their expected performances here: https://en.bitcoin.it/wiki/Mining_hardware_comparison or here: http://litecoin.info/Mining_Hardware_Comparison. These are the most current and accurate listings for GPU hash rates. When you are mining, the same values that apply for Bitcoin mining will apply to any SHA-256 coin mining. The same is true for Litecoin and all other Scrypt based coins. We currently like the ATI HD 7950 card's. We feel they currently offer the best bang for your buck if you are operating on a budget. Of course, you can always replace your graphics card for a better one in the future.
Generally, there are only 3 things you want to worry about when building a mining rig.
Graphics Card: This is the bread and butter for your rig and what is actually going to be generating your coins. Don't cheap out on these Power Supply: You will need adequate power to run your rig. If you are getting 2 or more graphics cards, don't get anything under 750w. We'd even recommend 1000w+ in case you want to expand Motherboard: The only thing you need to look for here are the amount of PCI-E slots (or places for your video cards). Try to find one with a minimum of 3 slots so you can expand if needed.
The rest of the hardware doesn't really matter.
CPU's are virtually useless, you just need it to run the OS. RAM, mining is not RAM intensive, so you don't need to worry about it. Hard drive, again, you only need it to run the Operating System. Computer case, less is better. The less constricted your components are, the more air flows through and helps with cooling. Most of the rigs we build don't even have a case.
Let's get started!
Below are the components we recommend for a basic rig. Feel free to swap out parts for better performing ones if you wish. This is just a basic outline of a generic budget rig. This rig will get you anywhere between 1000-1200 kh/s when mining Scrypt coins and 950-1150 MH/s when mining SHA-256 coins. Once you are done, the rig will look something like this:
Motherboard: ASRock 970 Extreme3 - $120-$150 Power Supply: SeaSonic X Series X-850 - $175-$200 Video Card: ATI Radeon HD 7950 (x2) - $200-$300/each Processor: AMD Sempron 145 Processor - $40-$50 RAM: 8 GB Corsair DDR3 - $40-$60 Hard Drive: WD 500GB - $50-$60 Total Cost: $825 - $1120.
Putting it all together.
Now comes the fun part. Building your rig! Now that you have all your components, you can start setting everything up! Make sure to keep the manuals that came with the components in case you get stuck on a step.
First things first! Unpack all your goodies and set them aside! Place the motherboard on a flat surface and carefully install the CPU and Heatsink following the directions in the manual Next comes the RAM, place your RAM sticks in the appropriate location on the Motherboard Install the hard drive using the SATA cable that was included Place the video cards in their appropriate slots Set up the power supply in a safe location and connect all the cables to their respected devices.
You're almost done! This is the part where you're probably wondering why you didn't get a monitor, keyboard, mouse or a CD drive. Basically, once you have everything setup, you won't need them anymore. If you're reading this and are interested in mining coins, you probably already have a computer in the house. Simply take the monitor, keyboard and mouse and set it up on the rig temporarily so we can get things set up and configured.
The next step is simply to power it up and install an Operating System on the machine. You can install Windows or Linux from a USB key or CD-Rom drive. (If you install from CD, simply take a CD-Rom drive from another computer temporarily to get through the installation). To install windows from a USB key, you can follow this guide.
The rest of the guide will assume you are using Windows.
So, now you've got your rig installed with an operating system. Let's move on...
Bitcoin Core Requirements and Warnings.
Bitcoin Core gives you increased security and privacy at a cost. You need to take responsibility for the security of your bitcoins, meet higher minimum system requirements, and beware of some possible problems.
No matter what Bitcoin software you use, you should never buy more bitcoins than you can afford to lose. Bitcoin is still an experimental system and bitcoins remain a risky investment.