For many people, cryptocurrency mining has become an alternative investment tool that allows to diversify investment risks and earn passive income online. Some go solo mining, some join online farming pools to use collective hash power for mining cryptocurrency while others choose a cloud mining service for online crypto mining. Here, cloud mining (especially Bitcoin mining via the cloud) has gained massive popularity considering the fact that cloud farming does not require the purchase of expensive and high-tech crypto mining hardware, technical knowledge or lump sum investments. That being said, let us review the perspectives of Bitcoin cloud farming drawing on the example of BTC cloudmine service provider Hashing24.
First things first. By contrast with conventional Bitcoin mining, Bitcoin cloud mining (crypto mining on the clouds) is the process of BTC mining using rented (or leased) computing hashing power produced by massive next-generation mining data centers. The person (cryptominer) does not need to buy any Bitcoinminer hardware, install software or worry about miningbase premises because the qualified personnel does all cryptocurrency farming in the specially equipped facilities (cryptoplace). In the case of Hashing 24, the online farming company offers its users to start Bitcoin cloudmine by purchasing a preferred BTC mining contract plan. Let us review the available Bitcoin mining tariff plans in more detail.
In order to get one of the mining plans for Bitcoins, it is necessary to first complete easy registration with the hashing24.com cryptoplace. After registering an account, it is necessary to navigate to the Prices cryptotab and set up the most preferable cryptocurrency mining plan. At the date of writing, there are three types (sorted by the contract duration parameters) of crypto mining plans: 12, 18 and 24 Bitcoins mining plans. All new and existing platform users can select the contract duration period, preferred hashrate for Bitcoins mining (measured in TH/s) and choose the payment method (Bitcoins, fiat money EUR, USD, etc.). Once all input data for cryptocurrency mining selected and confirmed, the user pays for crypto mining on the clouds and mining of Bitcoins begins. It is necessary to point out that crypto mining will start at 00:00 (UTC zone time) for precise auditing.
The Hahing24 website offers a handy and informative online tool to make corresponding cryptominer calculations and decide on the investment amount. To use the feature, the user has to navigate to the Calculator cryptotab, enter the hash power, BTC mining difficulty, and BTC price inputs accordingly. In line with this, a person may try using free Demo mining of Bitcoins. The Demo based mode operates in real Bitcoin mining conditions and helps users to decide on the size of the investment portfolio, understand the BTC miningbase mechanisms and stay in full control of Bitcoinminer transactions. Once Demo mining contract is activated, it will be valid throughout 28 calendar days and the user will receive weekly email notifications with mining Bitcoins details.
Why People Choose Hashing24 Website for Crypto Cloud Mining
- It is an EU based (headquartered in the Republic of Ireland) company that has been successfully operating on the crypto farm market since 2012 onwards;
- Its main supplier of the hash power capacities is world renowned Bitcoin mining conglomerate Bitfury. The Bitfury cryptominer facilities with massive crypto mining data centers are located all around the world — from North America to Central Asia. Users can cloud farm cryptocurrencies with 100% uptime because the crypto mining warehouses work 24/7 and are supervised by qualified personnel.
- Ease of access. The customer purchases a cryptocurrency mining contract(s) and cryptominer rigs perform calculations via the cloud.
- Low investment entry point. With cloud based services, people save a lot of money on mining hardware, software, electricity bills, cooling systems, among others.
- Best-paying Affiliate program. The program consists of eight levels and the affiliate reward starts with 3% and can reach 10% commission of the contract price. A great addition to generating passive income online with minimum investments.
- All mined cryptocurrencies are absolutely new and were not previously in use. Users can check the transaction history via any blockchain explorer website to get convinced that cloud based mining is trustworthy.
That is not the full list of advantages available through the Hashing 24 website. The site offers a unique value proposition for its users — Trading Room. Factually, it is a unique feature that allows platform users to trade (buy and sell) Bitcoin mining contracts on the H24 website. Traders can HODL, speculate on BTC price swings, re-sell contracts even after one day use (owning of the contract), build and hone their trading strategies in accordance with their personal preferences and knowledge-based system. Traders even can split their cryptominer contracts and sell them in portions. It is a truly multifunctional website tool to go bearish or bullish when a golden opportunity arises.
- No hidden fees and transparent pricing.
- Market depth charts and graphs;
- Detailed online order book;
- Minimal contract step starts with just only 1 Satoshi;
- No need to install any software to use the Trade Desk.
To put it in a nutshell, the crypto cloud mining services are in huge demand among seasoned investors, nonetheless, it is important to do your own research of the crypto cloud mining service provider in order not to lose investments. Company reputation and brand recognition play a crucial role in choosing the most reliable website to mine crypto (Bitcoin in particular).