If you are reading this, chances is that you already knew about Bitcoin and probably wants to invest to it to profit once its value rise up. Well, its actually a good time to invest bitcoin because its value is growing to which 1 Bitcoin right now is worth more than $700 and halving happened last July yet price is skyrocketing still. A lot of Bitcoin enthusiast are expecting its value to rise later as well. In fact during the first days of bitcoin, its value was about $1200 each. Now that Bitcoin is gaining popularity and merchants around the world are accepting Bitcoin (BTC) in exchange for their goods, the highers for its price to go beyond $1200 in the coming days.
Unlike the previous years, bitcoin miners today can only mine 12.5 Bitcoin a block due to halving last July but even so mining still is pretty profitable for them because the price still is getting strong. If an individual can easily set up bitcoin mining device at home, he would have got a lot of bitcoin for himself, you can imagine someone earning $8500 per solved block equations. But bitcoin mining however isn't for everyone because you would have to consider the hardware such as ASIC miners and electricity cost when setting these up and its also risky to set up bitcoin mining devices at home as well. And this is one of the reason why some people prefer cloud mining.
Bitcoin mining is typically being done with hardware devices that will warm up an entire house but with cloud mining, we won't need to buy hardware of our own to mine Bitcoin but just an investment to a company which is into cloud mining such as GainBitcoin.com. Basically, we just invest money to them to support the mining operations and we as investors get to receive income. Investors around the world get to take advantage of blockchain technology to earn a living and I'm just one of these people who happen to learn about bitcoin since 2010.
During those days Bitcoin mining can easily be done with just an Asic device at home connected to a computer and you can then earn bitcoin. But after huge companies learned about these, they've set up a large scale bitcoin mining devices which made it almost impossible for individuals to mine at home. Most of these large bitcoin companies are from China which is set up in the cold area like Shituan mountain. While the rest of the people wants to get into mining still, Bitcoin mining companies such as GainBitcoin are giving opportunities for users to earn bitcoin through cloud mining. What they really just ask is to fund the hardware they'd be using to mine bitcoin and help them established mining partners like Oibitcoin.com. Oibitcoin had been in the cloud mining business since 2014 which also offers money back guarantee to their investors. They are backed by VariableTech Pvt Ltd located in Singapore which is also associated with a number of Bitcoin businesses around the globe.
People online clam to get a chance to invest on Bitcoin mining even with just small amount to double their money through bitcoin cloud mining, this isn't surprising because people got the earnings they expect every month. If Oibitcoin.com fulfilled the dreams of these individuals online, the company will continue to deliver cloud mining operation for you. If you want to learn more about them, visit https://www.gainbitcoin.com/signup/joinfree/R register and don't hesitate to contact for inquiries.
Why you should NOT get into cryptocurrency mining: https://steemit.com/mining/@walczakit/why-you-should-not-get-into-cryptocurrency-mining
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