How to Mine Cryptocurrencies with CoinFace - and earn money with it!
Regularly people ask me how they can earn more with Cryptocurrencies and which Projects are innovative and generate revenue. When I think about that: Really, that's a good question bro! But to find a good idea that works fine or even fantastically it needs really some thinking.
After doing some researches in the last weeks, I've found CoinFace on my AppStore. This app should enable mining Cryptocurrencies such as Bitcoin or Dash and so on. But the point is that this app lets the user create mining contracts from the iPhone. And that's not all. Users don't even have to recharge their Smartphones because of the heavily mining process: These mining contracts are cloud-based.
User Interface of CoinFace
Let's take a look at CoinFace. CoinFace has a very minimalistic design. It's very easy to understand and users, like I did, quickly have a good overview of the entire application. There are some icons in the bottom menu, that show us a little bit what we can do. In the middle you have the contract shop, in which you can choose Currency and mining Hashrate. If you don't know what your revenue potentials are, you can calculate them on CryptoCompare (Link shown below).
How to buy some Hashrate
On CoinFace users have to buy their Hashrate with Tokens. These Tokens are also purchasable on the CoinFace app. Just go on the Wallet section in the menu below and choose the amount of Tokens you want to purchase. If you don't know what Hashrate is, you can read about it on the 2miners blog post (Link shown below). In this case the Token rate is: 1 Token = 1 USD. So if you want to purchase 100 Tokens, you pay 100$.
Now you can buy your Hashrate by choosing the Cloud mining contract you want. Just click on the Cryptocurrency to mine and set the Hashrate you want. For example the maximum Hashrate for Dash is about 2000 MH/s. Click on 'Buy Hashrate'. Well done! Now you're ready for mining!
Keep an overview of your Contracts
By keeping track of the activities on CoinFace you can easily manage your contracts and also evaluate the potential. It's very important to compare spending and earning. Of course, you get some money! But trying with less is better for benefiting while maybe working with it. So do some evaluation and think twice about your choices!
I will explain some further details and functions of CoinFace in a second part of the article. So stay tuned!
While waiting for it, you can download the CoinFace app on AppStore buy clicking this Link: http://bit.ly/2BWnPjj
Or you can scan this QR-Code:
CryptoCompare Link:
https://www.cryptocompare.com/mining/calculator/btc?HashingPower=500&HashingUnit=GH%2Fs&PowerConsumption=0&CostPerkWh=0&MiningPoolFee=1
2miners Blog Post:
https://2miners.com/blog/mining-difficulty-and-network-hashrate-explained/
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