Why Cloud-Based Mining Is The Way To Go

You’ve probably heard stories about geeks that setup Bitcoin mining in their bedrooms and made millions from their PC. This is true, and many people were able to quit their jobs and start living a more fulfilled life thanks to Bitcoin and other Blockchain technologies. Unfortunately, those days are long gone. Fortunately, huge profits can still be made thanks to an innovative service known as cloud mining that provides regular people with the opportunity to make significant financial gains from home. Cloud-based data mining is still relatively overlooked because it is wrongly assumed that miners must have a high degree of technical skill. Very few people realize that cloud Bitcoin mining, cloud Ethereum mining, and cloud Litecoin mining is a reality for anyone with a credit card and an internet connection.

Today’s hefty requirements make it impossible to start Bitcoin mining on your own, and most newbies end up spending much more than they’ll ever earn. For example, even a single S9 ASIC unit would inflate your electricity bill to costly levels and barely touch on the potential profits that are available with the best cloud mining services of today. 3 to 5 mining units running 24/7 could generate profits, but they would require over 5kW capacity, and that kind of power is not available from a residential outlet. Now add to that the sound of 5 vacuum cleaners running all day. Let’s say you solve that somehow. Now you’ll need to buy and assemble the equipment, and you’ll need some serious tech skills for that. Profitable setups typically have no less than six GTX1080 graphics cards. Those alone will set you back almost $4000. So is there a better way?

Cloud Mining

The smart investors are now turning to trusted cloud mining sites offering affordable and convenient solutions. The advantages are numerous and the costs are a fraction in comparison. Cheap cloud mining is made possible because of the scale of the operations. The data centers themselves typically consist of a secure site with 5MW hookups, and hosts no less than 3000 Bitmain S9 miners. Because these farms are so large and efficient, they can offer very low service fees.

The best cloud mining company packages start at around 20 Euros and give unlimited access to LTC, BTC, and Ethereum. As a cloud miner, you don’t need to monitor the markets, as the system determines which currency is most profitable to mine at any given moment and dynamically switches to maximize profits. At the end of the day, the mined coins are then converted into a single currency chosen by the clients. This dynamic mining allows the clients to generate up to 10% more profit than manual or fixed mining. No high electricity bill, no tech purchasing, no assembly, no noise!

The new generation of data sites such as Hashtoro.com makes cloud data mining safer than ever. Most home-miners use hot wallets, which are constantly at risk of hackers.  With Hashtoro’s cloud-hosted Bitcoin mining, funds are out of the reach of these crypto-hijackers because all coins mined are transferred to cold storage. Payouts are performed manually once a day, and only on site.

In addition, the Hashtoro infrastructure is powered exclusively with renewable energy, and the hot air generated by mining is directed into heat pumps, while the hot water is pumped into the adjacent heating system. This is one reason why Hashtoro can offer the most competitive rates around. Their green approach to power management has also made them one of the most popular and ecologically safe cloud services in the world.

Unlike home miners, Hashtoro clients have access to detailed and easy-to-understand analytics, and they are available on demand. Furthermore, their software is built on state-of-the-art machine learning algorithms and neural nets that maximize client profits.

Cloud Mining Profitability: The Conclusion

The best cloud mining companies of 2018 all offer attractive packages, but Hashtoro is hands-down the market leader right now. Not only are they one of the cheapest cloud mining operations on the planet, they are also structured to support people who are new to mining as well as the experts who have been doing it since the very beginning. They offer instant activation, easy withdrawal, detailed and easy-to-understand analytics, and a safe and simple sign up.

If you’re planning to join the cryptocurrency revolution and make your money work for you, this top cloud mining provider is surely perfect for you.

ABOUT HASHTORO

The company was founded in May 2018. Hashtoro.com is a cloud mining cryptocurrency service. It offers a safe and simple way to get computing power to start cloud mining bitcoin, litecoin and ethereum. The company provides cryptocurrency solutions for both everyday users and business entities. Hashtoro is suitable whether you want to get into mining on a low budget or diversify your current portfolio.

The company's data centers are set up in Finland and Norway. Countries, favorable to the crypto industry.

Primary competitor’s advantage is that the company offers low budget cloud mining opportunities. The cheapest cloud-mining contract will cost just 20 €.

Moreover, Hashtoro’s infrastructure is powered exclusively by renewable energy. The hot air generated by mining is directed into heat pumps, while the hot water is pumped into the adjacent heating systems. This is why hashtoro.com  has become one of the most profitable and ecologically safe cloud mining services.

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