The post Guide To Earning Passive Income Through Cryptocurrency Cloud Mining appeared first on Coinpedia Fintech News
Cryptocurrency mining has always redeemed people who refrain from crypto trading due to several risks. But with time, crypto mining difficulty has increased as the expense of operating miners gets out of hand. The reasons for that are:
Crypto mining requires a lot of energy.
Mining rigs and other equipment are way too expensive.
The inefficiencies of the PoW system are evident now more than ever.
Mining farms and pools have turned crypto mining into a fierce competition.
Despite these challenges, crypto mining is not dead but rather transformed into what is now known as cloud mining. Cloud mining is a method of crypto mining that utilizes remote mining facilities and a datacenter and shares the profits among subscribers.
Why is cloud mining the future of crypto mining?
Many could see the benefits of cloud mining when it first emerged, and since then, it has become famous as a way to generate passive income. Here’s why cloud mining is such a big deal:
Cloud mining platforms are comprehensive solutions to all your crypto mining requirements. This means that once you sign up on a trusted platform and determine what you want to mine, everything else is taken care of.
Cloud mining eliminates the need for hardware, software, and even technical skills. These used to be must-haves for traditional crypto mining. But now, anyone, irrespective of their skill, can benefit from crypto mining.
Traditional crypto mining, where individuals were responsible for maintaining uptime and 24/7 connectivity. But by eliminating all those hassles, cloud mining gives users the freedom and time to do more.
Participating in cloud mining does not require one to buy expensive mining rigs, make space for equipment, bear electricity bills, or worry about excess heat and fan noise. A trusted company manages everything on your behalf while you easily receive your earnings.
Due to the aforementioned benefits, there is a growing demand for reliable cloud mining platforms. One such platform is Fancy Crypto, which is now a fan favourite for cloud mining.
Fancy Crypto – a user-friendly cloud mining service you can trust.
Fancy Crypto first launched as a cloud mining company, which quickly grew to over 360,000 users around the globe. Fancy Crypto aims to make cloud mining globally accessible.
Before Fancy Crypto, people had to scan the available options and then determine legitimacy before opting for a cloud mining platform. But then Fancy Crypto emerged, whose cutting-edge technology powers high-end industrial data centres from any device and almost anywhere.
Now this platform offers;
2%–10% of the world’s cloud mining hashrate
A rare and extensive technological expertise
Easy and risk-free cloud mining contracts
Daily profits per your mining contract
Packages and Profits
The reason why Fancy Crypto is deemed a user-friendly and truly affordable cloud mining service is due to the packages it offers. Currently, there are seven best cloud mining packages available for users on their website. All of these packages provide daily profit, which is credited to the user’s account every 24 hours. Here’s a rundown of different packages and their profit margins:
Free: Daily profit in this tier is $0.15 with a contract price of $10.
Experience: The daily profit in this one is $2.50, with a contract price of $100.
ETH: Daily profit is $4.80 with a contract price of $300.
LTC: Daily profit is $14.40 with a contract price of $800.
DOGE: Daily profit is $29.25 with a contract price of $1,500.
ETC: Daily profit of $64.50 with contract price of $3,000
BTC: Daily profit is $117.50 with a contract price of $5,000.
Note that Fancy Crypto settles interest within just 24 hours.
Referral Program
Fancy Crypto’s referral program turns you into an affiliate and provides you with several benefits along the way, for example:
You receive 3% off of your referrals’ purchase orders.
No need for investment for becoming an affiliate
You get an instant payout for referral rewards.
Conclusion
Fancy Crypto is a feature-rich, lucrative, globally accessible, and affordable cloud mining platform that can easily fill the gap left by traditional crypto mining. Through their referral program, it’s possible to earn without even investing. For more details, please visit https://fancycrypto.com/
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