Cloud Mining 2018: Cryptocurrency mining without investment in equipment
To date, in case of the ever increasing cost of building one’s own farm from scratch, in the field of crypto-currency mining, large companies are coming to the fore that already have the necessary equipment and are ready to lease its computing capacities to their customers. What is cloud-based crypto-currency mining?
What is cloud mining?
In simple terms, everyone knows that special equipment is needed to extract crypto currency. If you have sufficient financial resources, you can purchase all the required equipment, build your own farm for mining, and borrow the crypto currency you are interested in. In this case, this will be called ordinary mining.
In turn, cloud mining assumes about the same ownership of mining equipment, but virtual. That is, you do not have to negotiate the delivery, collect working complexes, look for a suitable place in the room for them and make sure that they do not overheat and normally perform their functions. You will only monitor the performance of the mining farm through a convenient Internet interface and take profits.
Cloud mining 2018 is a grate opportunity – to get the necessary computer power for use, with cloud-based mining, you simply need to pay any specialized company for renting a certain part of the computing capacity that it has. After making the payment, the company’s sup-port service sets up the equipment independently, allocates the agreed capacities and launches them into operation. The buyer for his part does not have to do anything at all.
Differences between cloud mining services 2018 and regular mining
Thus, from a functional point of view, cloud mining does not differ from usual, but it gives a very significant advantage, which is that if you do not need to un-derstand the settings and start the farm, even someone who does not have any technical skills. In addition, the amount of available for rent capacity can be arbi-trarily small: often several tens of dollars will be enough to start earning with cloud mining services 2018 at the minimum capacity. Naturally, the amount of earnings in this case will be scanty, since serious incomes become possible only at serious capacities, which are already an order of magnitude more expensive.
How to make money on best cloud mining 2018 services?
Cloud mining provides a simplified way to earn a crypto currency, in which you just need to register for a certain service, pay for renting equipment and then make a profit based on the amount paid.
The general algorithm for earning is quite simple. In order to start earning reve-nue from the cloud-based crypto currency, you need to complete only a few steps.
First of all, it is necessary to determine with which cloud-based mining service it is more expedient to start cooperation. About what options exist on the market today, we’ll talk in more detail below.
After choosing a company, it is necessary to decide on what computing power and for what period are needed. The general principle is that the higher the power, the more crypto currency can be earned. Most often contracts are concluded for one year, but some miners sometimes enter perpetual contracts on more favorable terms. In fact, the funds contributed by you act as a kind of contribution, according to which you regularly receive a pre-calculated percentage of the paid amount throughout the duration of the contract.
After making a payment, leased capacities are safely (of course, if you’ve chosen the platform from our best cloud mining 2018 services list) put into operation, and the company that provides them actually starts to work for you. Mining goes on continuously throughout the duration of the contract and earned crypto currency with a specified period of time goes to your personal wallet.
Of course, the biggest plus of cloud mining is the minimal participation on the part of the customer. It is only necessary to resolve a number of organizational issues and pay for the rental of equipment, after which the earnings on cloud mining will occur automatically.
Many are concerned about the question of how much you can earn on cloud mining. Of course, it is impossible to answer it unambiguously, since the total amount of earnings will directly depend on the amount invested, the volume of leased facilities, the type of the selected crypto currency, and, of course, the productivity of the equipment.
Roi and income (Hashflare roi 2018 – highest one)
If you focus on the average figures for the market to date, when working with the cloud-based service at the minimum capacity, you can receive about 130% of annual revenue. That is, if you conclude a contract for one year and pay for the selected capacity, say $ 1000, then by the results of cooperation you will receive back $ 1300. Hashflare roi 2018 become most suitable for it’s users- the Roi of one year investment reach up to 300-400%. But these are, of course, inconclusive figures, which strongly depend on the current proposals in the cloud mining market and the situation in the crypto-currency market as a whole. Taking into account the fact that the cost of many crypto-currencies has the property to grow, the amount of crypto-currency earned in cloud mining can jump up in price and at times recoup the initial dollar investments.
With maximum accuracy, you can calculate and forecast the income when investing in a clouded amount of money of a certain amount using special online calculators (Crypto Compare, My Crypto Buddy, Coin Warz, What To Mine, etc.). The principle of their work is that the user indicates the amount of investment, the amount of computing power and the selected crypto currency, and the service considers the approximate amount of daily income. There are also more advanced options that allow the miners only to introduce the model of the video card they use, so that the service quickly calculates all the key parameters, determines the most favorable currency for this equipment, taking into account the current rate and showed the forecasted revenue for the day. In addition, some services provide an opportunity to even look at exchanges on which earned crypto currency will be most in demand.
How to choose a best cloud mining site, 2018 propositions?
Those who decided to increase their income through cloud mining, it is necessary to get as much information as possible about all available services to provide these services.
Before trusting a particular company, it is best to study the terms of cooperation and customer feedback in order to minimize the risks that after the payment is received, the stated obligations to allocate the agreed capacities for one reason or another will not be fulfilled.
There are several key criteria that are particularly worth noting.
Service life. Reliable companies have been working in this field for many years, have a good reputation among customers and constantly improve their equipment. Such companies are able to guarantee receipt of the declared profit, and, most importantly, in the final analysis, transfer it to users’ wallets.
Percentage of income on the invested amount. Those companies that promise unrealistic interest and marginal profit, even with the minimum payment, are often scammers who most likely do not have any computing power at all and, in fact, sell air. Preference should be given to services, wich regulary mentioned in best cloud mining site 2018 lists and that offer average market rates of cloud profitability.
Number of types of crypto currency. The more types of crypto currency that is being advertised, it announces the service, the higher the probability that it is not worth trusting. Anyway, each crypto currency has its own nuances of work of the mining algorithm and the requirements for the equipment, so simultaneously keeping them all in large numbers is a very costly affair.
Is Hashflare legit choice?
A modern approach to obtaining unprecedented revenue with the help of crypto currency offers online service “HashFlare”. Modern high-speed equipment, 24-hour help to the administration and the possibility of training will give you not only new knowledge in the field of mining, but will also allow you to earn a fortune. Regardless of the size of the initial fee, anyone can participate in the cretion of a global digital platform for bitcoin production. And is Hashflare legit? Yes, and moreover- pretty generous. Thanks to the personal approach to each user and the current promotional codes from Hashflare cloud mining customers get advantageous offers and discounts.
Hashflare mining 2018 Advantages
1. Hashflare is a cloud service from the company HashCoins (an official company registered in Tallinn in Estonia), which for many years has been building and selling equipment for the crypto currency, and creating software for this.
2. High income, your investments pay off within 6-8 months and then you get a net income.
3. The minimum investment is only a few dollars (check the exact cost after registration at the time of purchase).
4. The first earnings in Hashflare mining 2018 (current situation) will begin already in 24 hours after the creation of the deposit and purchase of mining capacities.
5. You can replenish your account in your account through Bitcoin wallet, bank card, and also through PayEer and WebMoney payment systems.
6. There is an opportunity to reinvest your profits.
7. Instant profit withdrawal minus the commission (0.0003 Btc) on your Bitcoin wallet.
8. Fixed commission in the system, there are no hidden fees, everything is transparent.
9. A simple interface in your personal account and detailed schedules and earnings reports, as well as a calculator that keeps profitability statistics in the project.
10. Responsive support.
11. For everyone, there is an opportunity to participate in the referral program.