Bitcoin Pool Cloud Mining Review

Mining pools vs cloud mining.

Bitcoin pool cloud mining review.

Most cloud mining companies accept bitcoin paypal and credit cards. Many people read about mining pools and think it is just a group that pays out free bitcoins. Cloud mining is a great alternative to hardware mining. Bitcoin advertise that they deliver the highest pay per share pps pool globally.

Other pools have over 0 30 rejected shares. This is because bitcoin payments cannot be reversed. 2 fee may be too much for some people announced in 2010 slushpool was the very first bitcoin mining pool and undoubtedly led the way for many other mining pools to come. If a cloud mining company accepts bitcoins then there is a good chance it is a scam.

Founded by satoshilabs current ceo marek palatinus aka slush it s based in the czech republic and. Many people get mining pools confused with cloud mining. Supposedly has been mining bitcoin since mid 2013. Pool bitcoin had it that they partnered with north america s largest bitcoin mining data center before the launching of the cloud mining pool in 2017.

They are based on contracts granting a lease of the cloud of certain capacity as per user choice. Bitcoin cloud mining review. However all hashrate for the pool appears to come from that data center. All bitcoin miners are located in a state of the art data centre in australia and they have direct access to high quality equipment and 24 7 support.

Established medium pool score based method reduces risk of cheating user friendly dashboard cons. The location of the data center is not disclosed for some security reasons. It has a number of benefits but the choice of the cloud mining platform is a very responsible task. We have suggested the top 8 best and most trusted services where even beginners can mine their altcoins without much effort.

Mining pools are for people who have mining hardware to split profits.