Bitcoin mining is the process of making computer hardware do mathematical calculations for the Bitcoin network to confirm transactions and increase security. As a reward for their services, Bitcoin miners can collect transaction fees for the transactions they confirm, along with newly created bitcoins. Mining is a specialized and competitive market where the rewards are divided up according to how much calculation is done. Not all Bitcoin users do Bitcoin mining, and it is not an easy way to make money.
Hardware - BitCoin mining needs special harware. Mining makes no sense with even the strongest personal computer, the dedicated mining hardware or mining rigs are so expensive, cost around $1500
Operational Cost - you need to pay for electricity, internet access, etc - since your hardware must online all the time. This will cost you much before you found any BitCoin from mining
---
But now you can join to BitCoin mining industry without using your own hardware!
Cloud Mining with CEX.IO excludes ISP issues, hardware dependence, space and upkeep, the need for cooling devices and delivery delays.
Earning Opportunity
- You can start buying GHS* and mining for Bitcoins right after you sign up.
- GHS are liquid and always in demand. You may sell them at any moment. Buy GHS at low price, sell them at high price. Profit
CEX.IO is the first and leading commodity exchange in the Bitcoin community. Here you can buy or sell GHashes, Futures Contracts for the Bitfury ASIC chips or just trade on the increase or decrease of chip values.
We are the first exchange that offers you an opportunity to buy GHashes and avoid all the usual problems you can face when buying mining equipment, like the frequent delays in delivery, breakage losses, the need for a sufficient power supply or cooling devices, and many other things, that you will probably encounter.
- Cloud Power
- Instant mining
- 100% uptime!
- Easy Buy
- Easy Mine
- Easy Sell
- Secure hosted Served by GHash.io
- Always upgraded
- Professional support
- No Trade Fee
- 24/7 Available
- Convenient instant messenger
- 100% Security
*GHS stand for Giga Hash per second. The hash rate is the measuring unit of the processing power of the Bitcoin network. The Bitcoin network must make intensive mathematical operations for security purposes. When the network reached a hash rate of 10 Th/s, it meant it could make 10 trillion calculations per second.
