On my previous post, I mentioned there are few ways to earn crypto. Mining is one of the earliest way. Crypto mining involved computer hardware (Processor, Graphics Card, Asic-miner). There are many algorithms used in crypto mining.
Crypto mining is a process that verify transactions in cryptocurrency and add it into the blockchain ledger.
While crypto mining might be complicated to those who not familiar with computer, there is cloud-mining company that helps solving these problems. There are a lots of cloud-mining companies out there and not all of the companies are actually doing real mining process(Having the hardware that actually mining).
I have sign up with a few cloud-mining companies and below are the list:-
- Genesis Mining
- Genesis Mining is a mining company with actual hardware. It is shown in a few videos posted in youtube.
- Currently only have DASH mining contract.
- Use my referral code - XRjkm4 for 3% discount on your purchase
- Hashflare
- Hashflare did not reveal it mining hardware.
- Currently only have ETH mining contract.
- My referral code - D17827E0
Besides cloud mining, I am doing actual mining. One of the easiest way for beginner to do actual mining is using a browser.
- Coinimp.com
- Coinimp is a javascript miner that mine on Monero(XMR) (one of the top 20 coins) and Webchain.
- Mining Monero will require lots of computers as the minimum payout threshold is too high.
- Mining Webchain profitable than mining Monero. Webchain minimum payout threshold is low at 10 web (Usually obtainable in 1 or 2 days of mining).
- How to mine? - Just sign up at Coinimp.com, click start mining on webchain and leave the page on.
- How to trade? - Webchain can be trade in Stex exchange. After reaching minimum payout threshold, transfer it to Stex exchange for trading.
Next post I will mention about faucets, free way to earn cryptocurrency.
Remember, first rule - Do Your Own Research (DYOR)
