Bitcoin mining is the process to add the transaction records to the Public ledgers. Miners mine the bitcoins through large mining machines like AntS7 Miner and AntS9 miner (Latest). Some people also mine Bitcoins through their computer hardware but it takes soo much time to mine Bitcoin as well as huge cost of electricity and every time when there are lots of miner involved in the mining pools to mine bitcoins, the authority increases the difficulty level so it is difficult to mine bitcoins.
I am also involved in Bitcoin Mining since 2 to 4 months and as an online industry there are lots of scam mining sites which promises to return good amount but in the end they scam and people who invests their money looses everything.
After a detailed study I've choose Bitcoin mining giant BitMain. They started Bitcoin cloud mining site HASHNEST. Hashnest is the cloud mining website. People who are small investor and cannot afford Bitcoin machine to start Bitcoin mining can invest in this website. The websie is so transparent that they actually shows bitcoin blocks mined in real time which actually increases the trust level in the investors.
Bitmain is the Chinese Giant Bitcoin mining Platform currently have more than 30% shares in overall bitcoin mining farms all around the world. Also the only company which makes Bitcoin mining machines AntS7 Miner and AntS9 miner. They currently have 4 Businesses Ant Miner, AntPool, Btc.com and Hashnest. Ant Miner AntPool and Btc.com supports those investors who have Bitcoin machines, so the website sets mining pools for them in which different miners through their machines mine the single block of bitcoin and earn their revenues.
Why I choose Hashnest
I've invested in Hashnest because i cannot afford Bitcoin machine as well as huge electricity cost occurs when you mine through machines. As well as country like pakistan where electricity is damn expensive I belive that I'll be at a loss if I buy mining machine, but Hasnest allows me to Buy mining power and gives me daily return. I have a choice to buy more mining power through that earning or withdraw that profit. Currently I have 1420 Ghz mining power which costs me $400. Best part is that my investment is refundable as accordance with the current market. I can withdraw my invested amount and leave the company anytime.
For the transparency they show Bitcoin mining blocks mined in real time which creates great trust among the investors.
These are the stats that ow much mining power I have bought,cost of buying mining power, total amount I withdraw in bitcoins, electricity cost charged by the company, also the market price at which a single hash power can bought.
So I believe that Bitcoin mining has a great future ahead. People should get benefit from this ground breaking blessing, mining is like you are growing money at your home. Sharing my experience in this blog because I want readers to be benefited from Bitcoin mining thats why ive share my personal experience. I believe Hahnest is a genuine platform and my experience with this company is pleasant so far.
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