Have you ever wanted to mine bitcoin, but you don’t want to invest the amount needed to purchase your own ASIC Mining Rigs and you don’t want to deal with the hassle of maintaining your own machines? NOW, with just the quick and easy press of a button, anyone can start mining bitcoin thanks to MinedPool Technologies and our innovative NEW MinedPool Cloud Bitcoin Mining Monthly Contracts. All cloud bitcoin mining one month contracts can be purchased at any time and run for a total of “30 days” from the day and time of purchase. You can purchase as many contracts as you like and you can purchase anytime you want.
How does it work? It’s very simple-you purchase a small amount of computing power from a bitcoin mining rig owner, i.e. you buy a small percentage of an ASIC Bitcoin Mining Computer’s “hash Rate,” and then you receive a related amount of rewards at the end of the month based upon a PPS (Pay-Per-Share) rewards system which pays you based upon what percentage of hash power you contribute to the MinedPool Technologies Mining Pool compared to the overall pool’s average hashing power and bitcoin rewards earned.
For bitcoin mining, the typical “hash rate” for a single mining rig is usually measured in the TH/S form which translates to Terahashes per second, or trillions of hashes per second, and 1 TH/S is equal to 1,000 gigahashes per second. In the simplest terms, every time our mining pool is part of finding and solving a block, you receive a nice little reward for the computer’s hard work.
Please note this is not an investment product of any kind and- just like any other bitcoin miners- you are not guaranteed any sort of returns when you are mining bitcoin via the cloud.
Please remember that MinedPool Cloud Bitcoin Mining is DIFFERENT THAN our most popular service: MinedPool Mining Pool/Hosting Memberships
Since a limited number of contracts are sold each month, please note that all sales are final and no cloud mining contracts can be refunded after purchase. However, you can choose to stop receiving updates at any time and can also choose to stop your contract or choose to not receive your rewards for any reason whatsoever. Otherwise, all funds earned will be yours and will be sent directly to your chosen digital payment wallet/bitcoin wallet address securely and as quickly as possible the day after each contract’s month ends.
These packages are calculated based upon the previous month’s Bitcoin mining difficulty and success rates. Please note that MinedPool Cloud Bitcoin Mining One Month Contracts are a completely unique product, and they are entirely different than offering found on “hash rate marketplaces” which may pay you in BTC but do not actually allow you to really mine BTC like we do. You are not paying for power or any other costs whatsoever when you participate in MinedPool Cloud Bitcoin Mining, and you are receiving a fair share of bitcoin mining rewards each time a block is successfully mined. But, it is important to note that 1TH/S is not a large amount of hash power when it comes to mining bitcoin, and users should understand this before purchasing a contract. While we do our best to ensure every package is profitable, this is not an investment product whatsoever and Bitcoin is a very volatile asset. Bitcoin mining results are also volatile and unpredictable, thus there is obviously no way to guarantee any future profits or to entirely predict future results and thus some users may not always reach instant profitability in instances where Bitcoin has a steep drop in value over the month of your membership, as it has between April and May or 2021, or August 2021 and September 2021, for example, etc. It is also important to note: Some months will be stronger than others, and there are absolutely no guarantees regarding earnings for any bitcoin miners, whatsoever, and earnings will be completely different for every individual. 1TH/S is a very small hash rate for Bitcoin mining, and it only entitles you to a tiny fraction of rewards of several cents per block based on current results. For example, 1TH/S out of a machine producing 100 TH/S could mean you are receiving 1% of a machine’s share of a block’s earnings, and there could be many machines earning the same reward which further dilutes your shares, etc., as is common with any other mining pool. While we always aim to ensure these packages are profitable for everyone, and we work hard to deliver accurate projections, it is completely not possible to guarantee profitability over 1 month of cloud mining just like how no other assets can ever guarantee profits. Pricing and availability of cloud mining is always subject to change based on recent results, and prices could drop or raise without notice. Most members have reached profitability thus far, but you are not guaranteed any results aside from receiving your fair share of earnings earned by our mining pool at the end of each contract-whatever that share is. It is important to understand these contracts are only intended to give users a small fraction of exposure to Bitcoin mining, and are not intended to generate massive amounts of revenue. For best results and highest earnings, the best route is to own your own ASIC Bitcoin Mining Machine which will give you a larger share of rewards. The earnings will always be extremely low with 1 TH/S of hash rate compared to the results seen by owners of entire ASIC Bitcoin Mining Machines who are receiving multiple times larger rewards for each successful block mined. While cloud mining is offered as a convenience to our members and the Bitcoin mining community, please understand that bitcoin mining is a highly competitive endeavor, like any other business, which does not guarantee earnings to anyone. If your earnings are not as high as you would like, it’s certainly not out of a lack of effort because we’re working 24/7 to mine Bitcoin successfully, and there is nothing that can be done but to hold on and keep mining.