Mining in the 21st Century

in bitcoin •  last year 

Mining has come a long way since those days.

There is an increasing number of crypto-miners, people mining crypto-currencies such as Bitcoin and Ethereum.

However it is now far too costly to be done by individuals now. So the only real alternative is to pay a third party to do the mining for you.

I recommend this company

Swiss Gold Global

Bitcoin is no longer a viable option for mining due to the difficulty rate and the remaining Bitcoins remaining to be mined. There will only ever be 21 million Bitcoins to be mined. Currently 16 million plus coins have been mined.

With Swiss Gold Global you are not restricted to just the mining of Bitcoin. 

With Swiss Gold Global you can currently also mine the following crypto-currencies

- Z Cash

- Ethereum

- Monero

The contracts for mining these currencies run for 2 years and cost a minimum of 

$29.99 for 1MH/s Ethereum

$47.99 for 25 h/s Zcash

$49.80 for 60H/s Monero

There is no upper limit.

You would have to create your own wallet to have your mined currency deposited into.

All the above currencies can be paid out as Bitcoin so you could use a bitcoin wallet for any of these currencies. 

You are advised to do your own research into the best wallet for yourself. However a ‘hard wallet’ is far more secure. Again you are advised to do your own research as to which option works best for yourself.

The mining of crypto-currencies is a great way for anyone to create a passive income.

You do not have to rely upon sales to generate your income. With the way that crypto-currencies continue to grow in value mining currencies can be a fantastic way to build for your long-term financial future.

There are so many benefits and usage ideas for mining. I consider my decision to become involved in currency mining to be one of the best decisions I made in 2017.

I receive daily payouts into my wallet and the value of those payments continues to grow. As a long-term investment I struggle to think of anything better in this age.

Of the currencies currently available for mining contracts Zcash and Ethereum would be the ones I personally would recommend.

However I am not expert, I do refer to experts to gain their view, and you should do your own research before making any decision.

I would also advise on not taking out any contract less than $100 in value due to the extremely long time it will take before you see any return on your investment.

Also when taking out a contract be aware that you can not add mining power to your existing contract. You are free however to take out additional contracts.

So Buy the biggest power contract that you can afford.

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