Crypterra cloud mining review scam or not?

By | Cloud Mining, Review

SIGN UP HERE (Xmas SALE ends 31st January, 20TH/s Bitcoin mining contract for $1792)

I came across a site last weekend by a company called, Crypterra.  At first glance the website looks professional, simple and prices look very interesting!  However most of the photos of their office have just been ripped from google images.  I can understand this as its a new company and they just wanted some kind of images on their site.  I hope in the future these will be updated with real images.  Example of the bitcoin cloud mining prices below.

Here’s some information regarding the cloud mining company.

  • 2 year contract mining Bitcoin, Litecoin, Etherium, Monero and Zcash
  • Mining starts immediately
  • Minimum withdraw $10 (Can take up to 8 hours to receive because they send bulk to minimize transaction fee’s)
  • Data centres in Hong Kong and Canada
  • Prices are very affordable
  • At the moment, no maintenance fee’s apply

Now you must be wondering, okay whats the catch?  Well I’ve been mining with this company for a few days and so far getting all withdraws, no problems accessing the website and support has answered my questions.


LETS GO THEN!?
  Wait a minute, The problem, well its not a problem its more of a trust issue, the fact that the company only started in July 2017, no images of their mining equipment or data centres (But then Hashflare doesn’t give this out either???) and the photos on their website has come from Google images.

I have done as much research as possible into this company and I cannot find a red flag, apart from its a new company.  The domain is registered to a company in Hong Kong, they also have a data center in Hong Kong and Canada.

But the website shows its registered in Ireland?  This is because of the corporation tax of 12%.

So to sum it all up, if you like a little bit of risk then get yourself a mining contract, withdraw when you can, get your return of investment out ASAP and then start buying more with the profits.  Also do your own research into the company, end of the day its your risk.

 

Is a 1 year bitcoin mining contract worth it??

By | Cloud Mining, Investments

SIGN UP NOW AND MINE BITCOIN INSTANTLY, NO WAITING!

There’s been a lot of HYPE on Hashflare lately but they only offer 1 year bitcoin mining contracts so why???  Well if you use the calculator over at coinwarz it will give you some interesting results!

As you can see above 10TH/s 1 year contract will cost you $1500.  Hashflare takes 20% for maintenance etc.  It will take roughly 74 days to make a return of investment so nearly 2 and half months, 9 and half months of profit!

You will have a passive income of $605.42 per month!  $7,366 over the year depending on the value of bitcoin and the increase or decrease in difficultly of mining bitcoin.  But still these results are incredible!

The simple process of making bitcoin

By | Cloud Mining, Investments

For some people it looks too daunting to get into bitcoin but from the picture I created above, it shows how easy it really is to get into bitcoin and mine it.  Mining bitcoin is where it all started several years ago, there is only 16,713,463 bitcoins that have been mined and the maximum number of bitcoin there can ever be is 21,000,000.  You would think this wouldn’t take long to mine, you are wrong, they reckon 2040 will be the last bitcoin that will ever be mined.

Get a digital wallet, Mine some bitcoin and get paid daily! – It really is that simple!  and I’m here to help you do that.  The more people interested in bitcoin the more in value it gets and the better it is for you and me.

 

Getting your first digital wallet

If you intend on spending your bitcoin then get a digital wallet that has a VISA card, that way you can spend your bitcoin in any shop like you can with a normal bank debit card.  For this I would recommend Wirex. (https://app.wirexapp.com/join/VrM62vUhqkSSr7U0QSilBw)

Or if your going to HOLD your bitcoin then use the most secure digital wallet there is, BlockChain Wallet. (https://blockchain.info/wallet/)  There is also a mobile app to view your bitcoin balance on the go!

In my previous blog I made a YouTube video on how to sign up to BlockChain Wallet, view here: http://www.cryptonoob.co.uk/2017/10/07/first-digital-wallet-buying-bitcoin/

 

Mine some bitcoin!

Start mining bitcoin from as little as £25, lasts for 3 years, one off fee, no hidden monthly fee’s. The platform will allow you to compound automatically meaning rather than visit the website every day in your busy life schedule it will reinvest in itself if you want or set a proportion to reinvest and the rest into your bitcoin wallet. The choice is yours! Its the best way to get into bitcoin.

Start mining with Dragon Mining today!

 

HashFlare has 1 year contracts for bitcoin mining, if you do the calculations bases on the current price of bitcoin, the return of investment is around 80 days, which is just under 3 months!  With a 1 year contract you will have 9 months of profit!  Currently the price of 10TH is $1500, which per month will give you $605, in a year is $7,366.


Start mining with HashFlare today!

 

 

 

 

Genesis Mining VS Galaxy/Dragon Mining

By | Cloud Mining, Investments

Which is better?  Both have their own strengths and weaknesses but if I had to say stick $10,000 on a mining platform I would probably say Genesis Mining if you can get hold of one that is, here’s why.

Genesis Mining has been in the business for years, they have the experience, the trust and they have always delivered!  Galaxy Mining aka Dragon Mining has only been short term but the owners have had other businesses in the past.  I’m not going to detail all the history, you can do the research yourself.

As you can see above I have done a comparison graph between the two mining companies and its quite clear that Genesis rewards you a lot more.  But don’t forget as bitcoin slowly becomes difficult to mine over the coming months/years your payments from Genesis will slowly decrease until a point where it wont make any money and the contract itself will just cease if you don’t invest more money into buying more power.  Galaxy/Dragon mining will increase in payments if you compound your earnings into mining power and take a little withdraw per day, automatically.

Who would you go for?  Short Term (Genesis) or Long Term (Galaxy/Dragon).  Does the high payments from Genesis out weigh the peanuts your getting from Galaxy/Dragon Mining? Or would you invest once into Galaxy/Dragon to give you small payments but over years? Or invest in both?

Lets say they both have 3 year contracts, genesis will give you $7200 and Galaxy/Dragon will give you $3,960, of course this would mean bitcoin mining difficulty wont change or the price of bitcoin, which is highly unlikely.  But it just goes to show how much reward your actually getting from Genesis as suppose to Galaxy/Dragon.

USE COUPON CODE TO GET 3% OFF YOUR GENESIS MINING CONTRACT: A8aMij

 

 

YOUR MINING WILL START IN 12 DAYS FROM TIME OF PURCHASE!

Are you ready for Genesis Mining, Bitcoin Contracts???

By | Cloud Mining

Are you ready for Genesis Mining Bitcoin Mining Contracts?  You should be!  Genesis Mining have RELEASED pre-orders for bitcoin mining contracts and these last LIFE TIMEACT FAST THESE WON’T LAST LONG!!!!!

No monthly fee’s, No hidden costs, just a one off payment and you are good to go!  How much will I make from mining? Will it roughly takes about 4 or 5 months to get your money back on the package and then after that its all profit!!  But whats in it for Genesis Mining? They take a 30% cut on what you make mining on their servers, which covers the cost of electric, maintenance etc.

If your still interested then click on my referral link below and use the coupon code: A8aMij  This will give you 3% off your order, every little helps!

 

SIGN UP TO GENESIS MINING TODAY!