Cryptocurreny Mining companies and way to invest.

in #mining7 years ago

We all might have encountered the term 'Mining', and for individuals who do not know it yet, here's an explanation for you.Please watch the video under.

Mining has several methods and gadget involved and this video is nowhere near to the real rationalization.This video might be an adequate explanation for noobs.

Mining, particularly bitcoin mining is not in any respect profitable with your regular gadgets. In case you plan to mine bitcoins with your pre hooked up graphic cards on your machine, it'd take around 126 years to mine one. Therefore, a majority of the coins are mined in large data centers to reach maximum profitability.

Here is a list of mining data centers which I've evaluated based on their hash rates and coin they mine.

1.Genesis Mining.

Genesis mining was founded in 2013 an is one of the oldest Bitcoin companies around. It’s definitely one of the most well known companies when it comes to cloud mining. Genesis has a publicly known mining farm set up in Iceland.
The miners on the farm are able to mine Bitcoin, Ethereum, Dash, Monero, Litecoin and Zcash.You can invest by buying various pricing plans which suits your requirement.Link->https://www.genesis-mining.com/

2.Hashflare.io
HashFlare is a new range of cloudmining services brought to you by the HashCoins team of cryptomining experts.
The team has been involved with cryptocurrencies since the inception of Bitcoin and has over 3 years of experience in the field of mining cryptocurrencies. investment in this is similar to the above ones. Link->https://hashflare.io/

3.Golden Fleece token
The Golden Fleece project anticipates to build cryptocurrency mining datacenter on the land of Colchis, at the Black Sea coast in Georgia.This looks similar to the above ones, but entry level is much cheaper. You can invest in this by purchasing the token via ethereum smart contract. Link->https://www.goldenfleece.co

This is an ever updating article I can add remove the names and revies based on opinion

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I'd really recommend revisiting your recommendation for HashFlare. They just changed the terms on all lifetime contracts by ending them in a year, and doubled the prices on their mining fees for BTC, while also only offering 1 year contracts from now on. They hurt their customers by announcing this with 1 day of notice, allowing loyal people to buy and upgrade until the last day... AND THEN converting their contracts to 1 year from 9/1/17. False advertising. Unethical in my opinion. Hashing24 is probably something you can add, but Genesis is by far the best. Thanks for also not pumping your promo codes.

Hey,
Just saw your comment....I will look into it and also will put your views on the blog as edit.

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