This article was updated 5/1/2021.
Bitcoin mining is one of the safest ways to earn a steady flow of passive income in 2020. One of the best platforms out there that leverages the power of bitcoin cloud mining is VBit Mining. VBit Technologies, the company behind this outstanding digital product, has managed to create a powerful system for enabling people to make real money by mining virtual currency.
If you’re here looking to read an unbiased & complete VBit mining review, then you’ve come to the right place. Below, I’ll show you how bitmining works and how it can help you become financially independent. If you’re new to bitcoin mining, then I encourage you to keep reading in order to expand your horizons and discover a legitimate method of earning money from the comfort of your home.
You can learn more about what real customers have to say about the VBit Mining tool by clicking here. Remember, this platform is already used by millions of people who have discovered the huge benefits offered by bitcoin mining.
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What Actually is Bitcoin Mining?
Bitcoin mining is a complex process that enables regular people to create their own virtual coins on their own. By mining, you can actually earn cryptocurrency without having to invest real money for it.
This process involves completing “blocks” of verified transactions which are
slowly added to the blockchain. Once a new block is completed, the bitcoin miner is rewarded with bitcoins. In addition to having a computer with a strong GPU (graphics processing unit) or an ASIC (application-specific integrated circuit) in place, the miner needs to work as an auditor and verify the legitimacy of these transactions.
Of course, not everyone who manages to verify a certain amount of transactions will get rewarded. Earning bitcoins also involves a certain amount of luck. Only miners who find the right answer and have proof of work are normally rewarded. Nevertheless, completing a block and being rewarded can earn you a whopping $17.000 (the actual price of one bitcoin) x 6.25, which equals over $111k.
To mine bitcoins, you need to invest in a powerful computer with enough computing power. You should also purchase a mining package. That’s where VBit mining comes in.
How does VBit Mining Work?
VBit Mining is a bit mining software perfect for total newbies who want to embark on the digital currency train. However, this system is also excellent for professional miners who want to reduce their mining costs and save money in the long run. Because bitcoin mining rings consumes huge amounts of electricity and produce a lot of heat, the average person cannot operate bitcoin mining rings in their homes and take advantage of the passive income stream.
VBit Mining offers a turnkey solution to these problems. Featuring state-of-the-art mining facilities and large data centers located in areas with cheap electricity that leverage renewable sources, this platform is excellent for anyone who wants to make a passive income with bitcoin mining.
The environment inside the VBit Mining facilities provides quick ventilation to ensure the mining rings do not overheat, thus maximizing the lives of the machines for better output and more profits. Basically, the team behind VBit Mining prides itself by offering the opportunity of a lifetime to regular users just like you and me who want to make a passive income by letting computers work for them.
Since its launch back in 2018, this company has helped thousands of people achieve their dreams of becoming financially free. All of that is realized through a new passive income stream that grows in time. Their centers in Alberta (Canada) and Colorado (USA) can produce over 200MW of power, being two of the largest bitcoin mining centers in the globe.
Why Mining vs Buying Bitcoin?
Buying and investing in Bitcoin can be very advantageous – if you know exactly what you’re doing, and how the market will behave. However, is is also very risky. With mining, you’ll be getting an immediate passive income stream that will help your money grow over time.
Also, human instincts dictates certain actions. Most people would sell if BTC value doubles or if it starts dropping down for a few months (people would rather take a small loss, as they fear of it going even lower).
How Can You Make Money with Btc Cloud Mining?
Just like any other bitcoin miners, VBit Mining enables you to get a share of the revenue by following a few simple steps. The way you can do that is pretty simple:
Step 1: Sign up for a free account on https://www.vbitmining.com/shystar
Step 2: Log in and purchase your own Mining Equipment Package
Step 3: You can request your equipment to be shipped your way or you can let VBit Mining to set up and maintain it.
VBit Mining Packages
This company offers users several mining packages. Each package comes with genuine hashpower, plus one-year free maintenance and hosting. VBit Mining uses the most efficient mining rigs available to give you the peace of mind that you’ll make the most out of your investment.
They offer 6 unique mining packages:
1. Bronze: for $150, you get access to 2 chips with a total hashpower of 1.124 GH/s
2. Silver: 40 chips offering a hashpower of 22.807 GH/s costs you $1,750
3. Gold: pay $2,550 and get 60 chips
4. Platinum: this plan offers you a whopping 155 chips for just $6,700
5. Diamond: if you’re choosing diamond, you’ll end up in a whole new league. Pay $20k, but gain access to 2 S9 Pros and 79 chips totaling a 265,298 GH/s hashpower
6. Black Diamond: if you’re quite into this game, you can pay $50k and gain an enormous 699,600 GH/s computational power.
Based on your hashrate, you can calculate your potential earnings here. For example, using the bitcoin mining calculator available on the site, you can get projected earnings of $52 per year for the bronze plan and $32k for the black diamond plan. You can recoup your investment within one to three years.
Why Use VBit Mining?
This company offers you some amazing perks. First of all, they are offering you the opportunity to invest a fixed amount of money in a package that will continue bringing you passive income for the rest of your days. When you purchase computational power, you will generate profits on a monthly basis.
The more power you get, the more chances you get to boost your earnings and be rewarded part of the bitcoin earnings. As a result, you’ll be able to get more free time to spend with your family and you’ll be less focused on making money.
Buying bitcoin is a very smart thing to do in 2020, especially in a down market. However, mining bitcoin is less risky and enables you to get a passive income without having to break the bank. Remember, a single bitcoin costs $17.5k, while on VBit Mining you can invest as little as $150.
Another reason to work with this company is that they are using proven technology built by financial experts. Utilizing state of the art mining technology coupled with custom data centers, VBit Mining is able to offer you reliability and peace of mind that your investment is secure.
This company also uses green, renewable energy sources, so people who care about their footprint can find a trustworthy partner in VBit Mining. To top it all, embarking on this journey does not require any experience on your part. In the past, bitcoin mining has required a huge amount of know-how, but today, thanks to modern technology in place, you can leave the experts from VBit Mining to make money in your place.
Avoiding Bitcoin Cloud Mining Scams
Of course, VBit Mining is not the only bitcoin cloud mining software out there. You can find numerous scams out that are only poised to taking your money. Here are some practical tips on how to avoid the most common bitcoin cloud mining scams available today.
1. Make sure you’ll get a registered domain: the absence of a domain name, coupled with the inability of the provider to sign blocks, should raise some serious question marks. If they want to redirect the hash power to the mining pool of your choice, you should think twice before throwing your money out of the window.
2. Find records of their mining facilities: if the company you’ve found has a website and is willing to host your hashpower, but they cannot provide photos/videos/records of their facility, or of their arrays of ASICs stacked inside their warehouse, you should stay away from working with them. A legitimate bitcoin mining company will always present their own ASICs and reveal details of their physical mining centers.
3. Check out the individuals listed on their site: impersonating crypto figures is not just a scam, but also a criminal offense. Do your groundwork and make sure the team members listed on their site exist in reality and are active in online communities.
Conclusion
I strongly recommend you to stick with established and trusted mining providers such as VBit Mining. They have all the necessary licenses to operate in this complex field and only work with approved technicians and crypto leaders.
To top it all, this company was built from the ground up by an experienced entrepreneur with over 15 years of experience in bitcoin mining. Join this team of 2000+ members from all across the globe and benefit from exponential growth and continual support.
