How Bitcoin Cloud Mining Works | FintechHive

Best Cloud mining Bitcoin

Bitcoin Mining / August 14, 2017

I think gainbitcoin is the best among cloud mining you can check hashrate distribution graph on . Gbminers comes at 9th position with 5.6% of the total hashrate. Currently company is doing all it can to improve their hashrate.

With the total experience of three years in mining bitcoin, the company have realized the need of safe, effective and prompt mining servers in the industry.

Gainbitcoin gives you 10% return on your investment for 18 months. It pays you 5% for your referral investment, with that you also get return for position fluctuations in the prices of bitcoin.

Lets take an example-

you have invested 1 BTC now (currently price of 1 BTC is $1, 000)

You will get a return of 10% on your investment i.e.10% of 1 BTC is 0.1 BTC

After 18 months you get 0.1 x 18 = 1.8 BTC

Suppose price of bitcoin in 1.5 years (18 months) is$10, 000.

Revenue will be 1.8 x $10, 000 = $18, 000

Profit = $18, 000 - $1, 000= $17, 000

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Source: www.quora.com