Eobot complete tutorial
Hello guys
Carrying on with the series, now I will show you how to use one of those 3 cloudmining companies I talked about before.
Eobot is an american company that has been in the market since 2013, and it is located in San Francisco CA. Their mining operations are located in China, because the electrical power costs there are one of the lowest in the whole world.
Here's their home page:
As you can see, this company provides multi-coin mining services and you can start it for free (although to get faster results, some investment is advised). You can also see, that soon they will accept token sales, which in my opinion, is a really good thing, because a strategy integrated with coin trading can be used, making it easier the leverage and helping the capital to grow even faster.
So... let's get started...
The very first thing to do is to click on the sign up link on the top right menu of the page:
After that, you'll be redirected to the screen below, where you should complete the fields with your personal data, and complete the captcha.
After completing this step, you'll receive an email to confirm (and activate) your account. After doing it, you can go back to Eobot's webpage and sign in (log in).
When you log in into your account, the homepage will be similar to this one:
Now this is where the fun starts :-)
As you can see there are lots of coins one can mine, but to start doing it, you must have some Cloud Mining power.
Eobot has a faucet that can be run once every 24 hours (not before). They track down this faucet using the user's IP address, so a person cannot run twice in the same day. The good news is: you can use the daily faucet to earn some Cloud Mining power (or any other of the displayed coins). I personally use it only to earn some GHS4.0, because it helps me to get more and more Cloud Mining power each day, and, therefore, be able to mine any other currencies even faster.
To use the faucet, you should go to the top menu on the tab Products and then select faucet. OBS: PLEASE MAKE SURE SURE YOU'VE SELECTED TO MINE GHS 4.0 (or any other currencies that you like BEFORE YOU RUN THE FAUCET, because the faucet's reward will be paid in the selected mining option at the moment the faucet is run. To change the mining currency, simply go to the tab Mining: and select the currency of your preference. The site will automatically change it to your preferences. You can also change the Display currency to other coins such as BTC, ETH, GBP, etc, so all the mining data (coin prices, quantity of coins already mined, etc) will reflect on the selected option. The option is the display Currency tab.
Well, about mining on Eobot those are the basic commands one should learn.
Now let's talk about how to exchange coins inside the platform, how to deposit and withdraw coins and, finally, my strategy to grow cloud mining power on this platform.
To exchange coins inside the platform, just go to exchange and select the coins from and to. Please keep in mind there's a 5% exchange fee (except when exchanging using CURE. In this case, the exchange fee is 30%).
To deposit or withdraw coins the proces is similar. Just hit the link deposit or withdraw and follow the instructions given. Withdraws and deposits usually reflet after 30 minutes, but in some cases it might take a bit longer (depending on the coin on is depositing/withdrawing).
Deposit's minimum amounts are these ones:
Now about my strategy...
As you might have already noticed, I've invested some money on this platform. I did it, after dealing with the platform for at least 4 or 5 months mining and testing all the things I already explained on this post. At that time, BTC's price was around $400, so it was easier to mine and withdraw coins. The good thing about Eobot is that it keeps the record of everything that was done in the platform.
My strategy is simple... I mine half of the day GHS 4.0, and the other half I mine PPD (Cloud Folding). The reason why I do this is because Cloud Mining is mining power, and PPD gives me rewards in CURE (packages are valid for 5 years and 1 year respectively). Since CURE has the current price of $ 0.735, but when exchanged it loses 30%, its real price when exchanging is $0.5145. It`s a really good price compared to most of the other altcoins, and it can be exchanged to any of the options available in the site (including more PPD or GHS). And this is exactly what I do... all the CURE mined, usually is converted back to GHS or PPD, helping me to grow exponentially my mining capacity.
There's an affiliate program that gives 1% of all the actions perfomed just for the first level, so this is NOT a ponzy scheme or a MLM program. If you are interested you can use my affiliate link on https://www.eobot.com/new.aspx?referid=408343
Other posts of this series:
How to build a bulletproof cryptocurrency portfolio (101) - https://steemit.com/cryptocurrency/@aotearoa/how-to-build-a-bulletproof-cryptocurrency-portfolio-101
What is a bulletproof cryptocurrency portfolio and why should you have one? -https://steemit.com/cryptocurrency/@aotearoa/what-is-a-bulletproof-cryptocurrency-portfolio-and-why-should-you-have-one
Which coins I recommend to be stored and their distribution -
https://steemit.com/cryptocurrency/@aotearoa/which-coins-i-recommend-to-be-stored-and-their-distribution
How to pick other promising altcoins - https://steemit.com/cryptocurrency/@aotearoa/how-to-pick-other-promising-coins
What's the mining process, and why is it so important to the bulletproof portfolio strategy? - https://steemit.com/cryptocurrency/@aotearoa/what-s-the-mining-process-and-why-is-it-so-important-to-the-bulletproof-portfolio-strategy
Well, I guess that's all for this post. If you liked this post, please #upvote, #resteem it, and follow me, and I will do the same. Together we can grow #Steemit even stronger!!!
Great post
vincentb upvote me follow/upvote/comment/repeat
https://steemit.com/crypto/@plamenm/grab-iost-for-free-airdrop
Thank you!
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