Cloud mining Bitcoin

in #cloud7 years ago

This is a way to make money over time if you invest little. Meaning I use Hashflare and you pay $0.80/ 10gh/s which you can start mining with as little as $2. Of course the lower you spend the less you would make. Plus you have a maintenance fee of .0035$/10 GH/s/24. So the only way to really make money is to invest larger. So lets you invested $500 which = 6250 GH/s contract SHA-256 per day you would make between $3.11-$3.98. A week it would be $21.98-$28.08. Per month would be $94.31-$120.51 and per year would be $1131.77-$1446.14. Keep in mind all this would depend on the price of Bitcoin at the time. So you see how much you would make just doing $500 as an initial investment. What if it were $5000 or more the income per day, month and year would be way more. They do 1 year contracts so even if your first contract was $2 as you buy more contracts they add up your hash power and pay out one payment. So for example I have 12 contracts all different hash powers but they add them up so I have 1.15 TH/s. I bought in 2 times and the other 10 times I reinvested my profits to get to the 1.15 TH/s. So I'm ahead of myself so you can reinvest your profits if you like but you have to turn it on. My suggestion is to investigate more on cloud mining before you do it and if you don't have a wallet or have Bitcoin you need to start here first (https://www.coinbase.com/join/5a012851ea43eb017a3ec7ef)

Once your ready to cloud mine go here (https://hashflare.io/r/A3F470B3)

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