How Mining Sites Works

in #bitcoin6 years ago

Hello Firends

 Today I am telling about How mining Sites Works.

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There are many cloud Mining In which some are Free and Some are Paid. In those sites paid Sites are good for mining Because They give us GH(Giga haSh) power to work. The speed of mining is increase and We mine Fast.
Cloud mining is really useful for those who aren’t technically minded and don’t want to run their own software or hardware

•How Paid Sites work-
These sites Take A amount of money and Give us Power to mine But Atually They Used there Mining Machine As per your amount And After Mine They Cut of maintaince And There Profit and Give Some Amount of mine.
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•There Are some Advantages And Disadvandtages Of cloud mining Sites.

•Advantage:

1-No added electricity costs
2-No equipment to sell when mining ceases to be profitable
3-No ventilation problems with hot equipment
4-Reduced chance of being let down by mining equipment suppliers.
•Disadvantage:

1-Risk of fraud
2-Opaque mining operations
3-Lower profits
4-Lack of control and flexibility

•There Are some trusted Cloud mining Sites
•Genisis mining
•Nice Hash

So Friend Gives Your Opinion About Machine Mining And Cloud Mining.

Write Down Some Other Sites Name.

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