Cloud mining is a way to invest in cryptocurrency mining without the hassle of managing one’s own hardware. It means you are using shared processing power run from data centres while you are at home away from the constant humming of fans.
This makes profitability possible even on small investments which wouldn’t have been possible if one had to set up their own mining setup. You even get the added benefit of not having to get rid of mining equipments once mining ceases to be profitable.
About BitFire Mining
BitFire Mining is a cloud mining service which uses leased hashing power. It is absolutely devoid risks as you get free hashrate as a new user. The returns on this mining service is so impressive that you get your returns in less than 5 months on most investments.
- Free 100 Gh/s trial: A user gets unmatched 100Gh/s of hashrate for a trial. One can upgrade to any plans based on the requirements later.
- Instant Setup: As soon as the contract payment is done, mining power will be activated.
- 100% uptime: Mining will happen 24*7 without any interruptions. Hardware failures, Servicing and warranty repairs are covered by the company.
- Real time statistics: Invigilation of your contracts, payments and withdrawals is made effortless by their easy-to-use control panel, all in real time.
- No Hassle: There is no inconvenience of facing faulty miners, burnt fuses, difficult miner setup and so on when you are using BitFire Mining.
How BitFire Mining Works
The entire service is very easy to use and intuitive. The process flow is listed below.
- Register: Just the basic registration is required with a verifiable EMail ID. This will give you access to the dynamic control panel.
- Purchase a Contract: Select the contract which meets with your needs and finances. Higher investments will lead to higher returns but also exposes one to greater risks.
- Monitor your miner: You can monitor the mining on the dynamic control panel provided. The impressive data visualization tools will help you decide when to withdraw or invest.
- Get paid: Once you set up your Bitcoin/Ethereum/ZCash wallets, you can withdraw in a matter of seconds. You just have to maintain a minimum balance on the wallet. One can get credited once a day.
BitFireMining has separate plans for different cryptocurrencies. Each plan comes with an option of daily payouts and no miner downtime.
- Bitcoin V4: This plan is for $0.299/Ghs. It comes with minimal maintenance fees.
- Ethereum: There is no maintenance fees and it is priced at $2.00/0.1Mhs
- ZCash: It is going to be launched soon and will be priced at $19.99/Hash. Even this will not have any maintenance fees.
BitFire Mining Conclusion
A risk free, guaranteed five months return is a scarce opportunity which BitFire Mining is providing. A 100 Gh/s hashrate for a trial period of 5 days is there to get a new user to get familiar to mining concepts.
With more than 85000 registered users, BitFire Mining is one of the fastest growing cloud mining services out there.