Best Bitcoin Mining Company 2018: Hashflare Mining Or Galaxy Mining?
Best bitcoin mining company 2018: hashflare mining or galaxy mining?
Subscribe ⇨ https://www.youtube.com/c/cryptominingchannel?sub_confirmation=1
Facebook ⇨ https://www.facebook.com/CryptoMiningChannel/
Steemit ⇨ https://steemit.com/@cryptomining
Patreon ⇨ https://www.patreon.com/cryptomining
↪ Start mining your own cryptocurrencies from as little as $25 up to $500:
★ OPTION A: Join as a member and start mining ($25 to $500 retail mining contracts):
➤Retail
★ OPTION B: Become a member of the value club (license cost $405), start mining ($500 to $10.000 mining contracts at wholesale price) and enjoy the possibility to earn extra bonuses:
➤Wholesale
First of all there are many variables all influencing results.
Historically our results have been proven most generous and most favorable, according to members who mine or have mined elsewhere as well as with us. You can check my mining results since August 2016.
The volatility of the price of a coin, is fully determined by supply and demand in the market so we can’t predict the price.
Since all results are measured at market price, which we cannot predict, this calculation is only theoretical.
We can only talk about historic results they are just that: historic results and no guarantee for future results.
For the sake of this video I made a calculation at today’s rates of both hashflare and galaxy mining.
I’ll take the example of a hashflare miner who is currently earning $120 daily with 50TH/s. So a $10.000 bitcoin mining contract, for which he would get 62.5TH/s, would in theory make him $150 per day, which is $4.500 a month and $54.000 a year. The profit would be $44.000 in theory. Then the contract stops. Props to hashflare for these good mining results.
I’ll take my mining results as example, this day I earned $122.36 (65%) in bitcoins and about $66 (35%) repurchase into more mining power. At 100% that’s a total of $187.86 for 136TH/s I have currently. For a $10.000 bitcoin mining contract you would get 71.93TH/s at galaxy mining. So 187.86 divided by 136 times 71.93 = $99.36 daily which is $2980 monthly and $35.769 yearly. The profit would be in theory and only at today’s calculations $25.769 in a year. Mining continues for the remaining duration of the contract which is 2 years. So in total in 3 years your $10.000 bitcoin mining contract would give you $107.308 at today’s calculations, where we didn’ even calculate a rising bitcoin mining difficulty which happens every 2 weeks. After 3 years the original GH/s of your galaxy mining contract is deducted from your accumulated hashrate and mining continues as well as repurchase, as long as the hardware remains sufficiently 'strong', or until mining becomes too difficult for the capacity to handle. Props to galaxy mining for thinking long term!
Some other things to consider:
▻Hasflare is cloud mining, galaxy mining isn't because miners OWN their equipment!
▻Hasflare gives 10% commission on all contracts, we both know where that money comes from, right out of the clients pockets while Lifestyle galaxy value club members receive NO commission on retail mining contracts.
▻Lifestyle galaxy mining puts 100% of clients' purchases into mining hardware, while others like hashflare can’t because of their high referral bonuses.
▻Hashflare has other cryptocurrency contracts where you have one contract per cryptocurrency. Galaxy mining offers multimining contracts where you can mine all available cryptocurrencies (currently zcash mining, ethereum mining and expanse mining) in one contract, and you can mine all of them at once.
►But the most important thing is the reliability of the company where you mine. I’m in it for the long term and I’m convinced galaxy mining will still be standing in 10 years so my choice is galaxy mining. Your mining operation isn’t worth much if the mining company is not trustworthy and will be gone in the near future. Let’s see which companies outlive the others. Time will tell!
Useful links:
➤Crypto Mining on Facebook
➤Patreon
➤Coinbase exchange
➤Start trading on Binance
➤Protect your coins on a ledger nano s hardware wallet
“Bitcoin investors will be the richest people on earth. Anyone who understands bitcoin cannot deny this. But what does that say about bitcoin miners? We occupy the top rung of profitability. Soon, mining will be immorally profitable.”
Why Do I mine with Galaxy mine?
↪ What Is Galaxy Mine
✓ We are the safest and most generous bitcoin mine in the world.
✓ Best price value for money in terms of GH/s
✓No electricity costs
✓ Galaxy mine makes bitcoin mining as wel as multimining (zcash, ethereum, expanse and soon monero) available for everyone
✓ We use the latest mining equipment to produce bitcoins and other cryptocurrencies, therefore our output is higher than other miners
✓ Advanced Galaxy multimining technology (GPU Multi-Cryptocurrency Mining): Mine multiple coins with your GPU hardware equipment under one contract
✓You do not have to worry that your equipment crashes, overheats, goes outdated or has to be reconfigured – Galaxy Mine takes care of everything
✓No Pool- or Cloudmining, YOU own the equipment
✓ Withdraw your coins whenever you like
✓ No limit on the number of contracts
✓ 3 year mining contracts with compounding effect
✓ 100% Of your purchase goes into mining hardware (no deduction of fees or commissions, unlike other companies who ask up to 60%)
✓ Our number one goal is to be the most trusted and reliable bitcoin mine in the world
✓ The founder of the company, David Martin, has a strong proven record of integrity, honesty and a shared vision of helping others, Galaxy Mine will be around for a long time and is here to stay!
There is an automated repurchase (compound) of hash rate of minimal 35% to 100% to maximize mining power (adjustable daily). After 3 years the original GH/s of your contract is deducted from your accumulated hashrate and mining continues as well as repurchase, as long as the hardware remains sufficiently 'strong', or until mining becomes too difficult for the capacity to handle.
You can register through invitation ONLY, the field "Username of sponsor" must be filled in with "start" so you can enter and start mining!
↪ All Playlists:
➤Galaxy Mine
➤ What Is Bitcoin
➤Monthly Bitcoin Mining Profits
➤Monthly Crypto Mining Profits
➤My Cryptocurrency Adventure
➤My Steemit Adventure
➤Bitcoin And Crypto Mining
➤ Value Club Member Content
➤How To Make Money Playing Games
➤How To Make Money With Esports
DONATE
Bitcoin: 3QG1URdnNJ8z1qxMoKr2FKJBZ5KL56J6Uz
What is your take on their bitcoin withdraw fee? It seems to keep rising as bitcoin prices keep rising. Not good long term wise and small investors. Thanks.
It sucks. I transferred some bitcoins from poloniex to my ledger and I paid $75 fee, that's way too much. Luckily I mine them, so the transaction fee at galaxy mining is less, last time I withdrew 0.047 bitcoins (about $700) and it cost me $11 so that's doable. Ofcourse for small investors it's a lot..
Just by fees it looks like galaxy mining is better than hashflare. I will never be able to take out my earnings on hashflare due to my small investment. I hope by next year september when the contract expires they will lower the withdraw fees. Somehow gut feeling is they will not and make it worse. Since I started they have been raising withdraw fees at least three times.
Crazy. How much did you invest?
If I remember correctly $120. Contract ends I think in September. I withdrew once when fees were 60,000 satoshi per transfer. I can not believe they are asking for 1,000,000 satoshi now. Not happy about that.
That's crazy man 1 million satoshi!! Galaxy mining has a fixed fee per withdrawal, that's 0.00078650 BTC a lot less than what you currently have. Come over to us, you can start mining from $25!