Cloud mining has become A crucial part of Mining nowadays and EOBOT a Cloud mining Company has added Steem (as of July 24th). The Economy has hammered home mining operations and if you do not have a room full of High powered Miners and Computers running 24/7, then you will most likely not make much. There are many Companies out there that have started their own operation called Cloud Mining, this type of mining allows you to buy a set amount of Speed, without having to pay for Huge Electric Bills and maintenance fee's involved with keeping your Miners operational. No you can not go there and spend a few dollars and get rich, but if you want to add some coinage to your wallet it is one of the best ways to go.
EOBOT allows you to mine tons of different Currencies and allows you to cashout anytime. Some of the coins they mine are Bitcoin, Ethereum, Litecoin, STEEM, Dogecoin, Ripple, Dash, Reddcoin, BitShares, CureCoin, NEM, Monero, Voxels, Factom, Bytecoin, Peercoin, Lisk, MaidSafeCoin, BlackCoin, Gridcoin, and Gold. Like I said before, you are not going to get rich, but it is a way to earn extra coins without the hassle. So to those who do not know how to set up those complicated Miners or code the Software, this is a great opportunity for you.
Here is a breakdown of what they do and how it works.
- Let us mine for you with our hardware in the cloud
- Immediate results, mining updates every 60 seconds
- Can own fractions of cloud instances, if desired
- No heat or hardware to maintain
- Choose payout in any displayed cryptocurrency
- 5 year and 24 hour rental lengths available
- No returns/exchanges
- (Cloud SHA-256) SHA-256 algorithm, 1.0 GHS per 1.0 cloud instance owned
- (Cloud SHA-256) Follows Bitcoin difficulty, which in the past has increased exponentially. This means payouts will likely be reduced over time, unless the price of Bitcoin rises to keep pace
- (Cloud Scrypt) Scrypt algorithm, 1.0 MHS per 1.0 cloud instance owned
- (Cloud Scrypt) Follows Litecoin difficulty, which in the past has increased exponentially. This means payouts will likely be reduced over time, unless the price of Litecoin rises to keep pace
- For electricity and maintenance, we take a fee. Please click here for information on the fee.
Their fees vary and the amount of Hashing power you want will determine what you pay.
Thanks for reading.