How to Start Mining Bitcoins
WHAT ARE BITCOINS
For the past 9 years bitcoin has been one of the fastest growing digital currencies in world, earlier 2017 the price of one bitcoin was at $1000 but due to its rapid growth, the price of bitcoin has been increasing on a daily bases as of time I was writing this post the price of one bitcoin was $4000, some experts predicts that before end of 2017 the price of bitcoin will double.
WHAT IS BITCOIN MINING
Bitcoin mining is one of the ways of making bitcoins, in simple term It is the process of hashing bitcoins, it involve complex mathematical calculation which can only be solved using the computer system, the good news is that you can start mining bitcoins automatically, without having any idea of any complex computer program, using what is called bitcoin cloud mining services they will do all the hard work for you all need to do is to register and purchase any of their mining contracts, sit back and watch your bitcoin grow.
THINGS YOU SHOULD KNOW ABOUT BITCOINS
- The value of bitcoins has been tremendously increasing, on a daily bases.
- You can sell your bitcoins at any time, for more cash.
- Bitcoin is safe, secure and it's growing rapidly.
TRUSTED AND HIGHLY RATED BITCOIN CLOUD MINING SERVICE
- GenesisMining: this is a trusted bitcoin cloud mining service which i personally recommend they have been around for some years and are trusted by lots of people, all you have to do is register your account, select a mining package and start mining right away. There are over 500,000 people across the globe that is already using Genesis mining. They have different types of crypto-currencies in their catalogue which you can select to mine and there is also an option for reinvesting. You will get your payout on the same day, which is a good thing but the fine part is that their customer service is really active and ready to assist you out. (signup here).
- HashFlare: This is one of the top Bitcoin cloud mining services in the world, HashFlare is a trusted bitcoin mining service. This service offers higher ROI and better results. After registration and purchasing of hashing power you can start mining right away. Many users have also addressed this service as one of the trusted cloud mining sites due to their life time contract. As long your account is active you can continue mining bitcoins with this company without any issues. (signup here)
"As long your account is active you can continue mining bitcoins with this company without any issues." Unfortunately this is not true. You should be honest and refer to the recent trouble with bitcoin mining lifetime contracts of hashflare that were cutted by this company to 1 year limited - without a warning, within a very short period of time (not even 24h). And they don't even honor old contracts. They just changed the rules to their advantage.
And the newest information: they are out of sha256-contracts, which means you are not even able to re-invest...
If you wanna gain new customers by referal, thats ok, but you should be honest with them about the conditions of those companies you are recommending.