FAQ

What do I get at “bitpowermining.com”?

“bitpowermining.com” provides cloud mining services using technology developed by IT and cryptocurrency experts. The main idea of ​​the proposed product is to use distributed computing resources as efficiently as possible. We unite investors, including beginners, on a single platform. The trust of our clients is based on obvious evidence: they earn their income honestly every day.

How does cooperation with "bitpowermining.com" begin?

To become an investor, go through a simple registration and payment procedure. Then you have to pay for the rent of the miner. There is no need to purchase or install any additional equipment.

How do miners differ from each other?

Miners differ from each other in the amount of GH/s. The more GH/s miner has, the more income it will bring to the investor.

What is GH/s?

GH/s (gigahash per second) is a unit of measurement of the computing power of a computer (miner). It is used to find out how quickly the equipment is able to perform an operation using a cryptographic code. This indicator is decisive when calculating income. The higher the hashrate, the more productive the hardware, the more bitcoins the investor mines.

How does the cloud mining scheme work?

Everything is extremely transparent. The investor has to determine the optimal power (hashrate amount), purchase a cloud mining contract (or even several) and then receive income every day, depending on the selected parameters of the contract.

What are the payment terms?

The payout system is automated. Every day, each investor receives the due amount to his account. In the rarest cases, delays of up to 24 hours are allowed.

Are there any restrictions on the amount of contracts?

There is a minimum possible amount of contracts. They vary depending on the tactics you choose. If you are planning a large investment (over $ 100,000), please contact the manager by e-mail or chat on the website.

What is cryptocurrency in simple terms?

Cryptocurrency is virtual money that has no physical expression, it is not issued in the form of coins or banknotes. This is the name given to digital assets that act as a medium of exchange. Cryptography is used to protect transactions (operations) and prevent the formation of new monetary units. In terms of financial science, cryptocurrencies are classified as digital, alternative, and virtual currencies.

What is the minimum amount of money that can be withdrawn from the account?

You can withdraw not less than the equivalent of 0.001 BTC.

What affects the income from cloud mining?

The return on investment depends on many factors. First of all, the Bitcoin exchange rate, the degree of complexity of its production (mining), the network hash rate, etc., affect the amount of revenue.

How much does the maintenance cost?

The service is already included in the GH/s price, for ease of use of our service we have set an uniform price per GH/s unit. Therefore, no matter how powerful the miner you rent, you always pay the same price per unit of power (GH/s).

How to withdraw your mining income?

In the "Payout" section, submit a request to withdraw money. Within 24 hours, the request is processed, and the declared amount is transferred to your specified wallet.

Why does it make sense to reinvest the profit from mining?

Money should work! This is the motto of any successful investor. The profits earned should be invested in order to increase your capital. Reinvestment allows to increase your power. It will lead to an increase of the mining hash rate, and, therefore, to the maximization of profits without additional costs for purchasing miners' power.

Customer support

User support is carried out by processing posted tickets (requests). Support requests are processed within 24 hours on business days.