I keep thinking I should pull all my invest dollars out of the crypto market and put it all on cloud mining. I mean with the income I an reinvest when and if I want. It will create a nice income for my family and I will have time and income to pursue other investments. With a reinvestment strategy in place you are able to grow your hash rate (mining speed) up and really be bringing in a life changing income. How does it work? You can start off a year long contract with an investment you are comfortable with. With each days payout you may chose to save up or reinvest back into the mining contract. I am reinvesting every bit of my payout at this point. Soon I will be able to stop reinvesting and pull some of the mined BTC out and save it up. In a few months of saving I will have between $10-$15k saved up. It all depends on the price of BTC over time. I will then take the saved BTC and buy an even lager mining contract to start the new year. Again reinvesting all the income again. This new larger contract will be earning between $50-$75 a day depending on the price of BTC. With the reinvesting I will be adding to my hash rate much faster then the first year of mining. A few weeks later the income will be many times higher then the year before and income can now start to be withdrawn form the account to be used for other investments of to replace a full time job. If you with to buy into a mining contract check out my link. You will want to look at the SHA-256 mining contact. That is the one that mines BTC. https://hashflare.io/r/83086020 
author | knowthycrypto |
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permlink | btc-mining-made-simple |
category | cloud |
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created | 2018-01-24 03:45:00 |
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Been hearing a lot negative viewpoint on cloudmining, however I've been profiting from genesis mining for a while & hashflare seemed like another trustworthy (at least trustworthy enough to believe you'll most likely be gaining some profits). So tried it out and at least so far everything has gone smoothly. Surely mainly sticking to the actual market, but was wondering if anyone has been on Hashflare for a year or longer? And how has it been, I noticed they have been changing the contracts etc. pretty suspiciously, but anyway.
author | streetz314 |
---|---|
permlink | re-knowthycrypto-btc-mining-made-simple-20180124t035116795z |
category | cloud |
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created | 2018-01-24 03:51:18 |
last_update | 2018-01-24 03:51:18 |
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streetz314 | 0 | 319,524,733 | 100% | ||
knowthycrypto | 0 | 267,293,872 | 100% |
When hashflare was close to selling ot of the contracts they did raise the price. For sure not cool. I had my contract before then. But it does slow the reinvestment a bit as you are buying a bit less hashrate. Still a great deal and way to make income. Thanks for your feedback
author | knowthycrypto |
---|---|
permlink | re-streetz314-re-knowthycrypto-btc-mining-made-simple-20180124t040851018z |
category | cloud |
json_metadata | {"tags":["cloud"],"app":"steemit/0.1"} |
created | 2018-01-24 04:08:48 |
last_update | 2018-01-24 04:08:48 |
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streetz314 | 0 | 107,532,362 | 100% | ||
knowthycrypto | 0 | 290,843,923 | 100% |