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Congratulations! Today marks the beginning of your brand new future, one filled with possibility and financial freedom. I will show you how safely and easily Bitcoin Mining can take your earning potential to places you have only dreamed of. “What's this guy on about, what’s he trying to sell, what’s the catch?” Believe me I was once a skeptic too. Then, after finding out the information I’m about to share with you, I realized I had to take matters into my own hands and take control of my life. Since then I have never looked back, Bitcoin Mining has changed my life! Do you know how to go after what you want? A wise man once said “Life is like a coin, you can either grab it in your hands and make the right choice, or you can toss it and leave things to luck.” Don’t leave your life to chance! You deserve to be fulfilled. Do you want to remain in a boring comfort zone, earning the same mediocre income, barely getting by each month, wishing for something more (like an island holiday) OR do you want to start earning an instant passive income and transform your so called life into your so called dream, ALL with Bitcoin Mining? I know which one I chose. It really is that simple. Once you have the knowledge and tools, you could even live and work from an island if you wanted to!
Bottom Line: Bitcoin Mining does work, and thousands of people around the world (wanting to be bitcoin smart) are jumping on the mining bandwagon to prove it. Now is your chance to learn the ins and outs of what this lucrative skill requires. It will only take a few moments of your time to read through the next few pages. I promise, you will not be disappointed. The choice is yours. If at the end of reading this step-by-step guide you decide Bitcoin Mining is not for you, then so be it. At least you have made an informed decision. But you have been warned: Bitcoin Mining will change your life for the better. Read on to learn how to Bitcoin Mine…
Step 1: Sign Up To A Cloud Mining Service First things first. In order to begin Bitcoin Mining, without having to purchase and maintain expensive hardware (lets face it no-one wants the hassle of startup costs) you will need to join a remote datacenter with shared processing, known professionally as a cloud mining service. Don’t be fooled, there is nothing cloudy about this powerful platform. In fact, its proficiency and importance is what will aid in brightening up your financial future. Not all clouds are created equal Be careful, there are many dodgy mining services ready to seriously undermine your safety and value. That’s why I suggest joining Hashflare cloud mining service. It comes highly recommended by top Bitcoin miners around the world. It allows you to mine multiple cryptocurrencies AND it prides itself on safety. • •
Simply register on the Hashflare website and complete your details to sign up. Once you have gained access, login and familiarize yourself with the platform.
Step 2: Choose Your Cryptocurrency To digitally mine, you need to use a digital form of money that uses cryptography to secure transactions, otherwise known in cyberspace as a cryptocurrency.
How do I choose which cryptocurrency to mine? Digital money can get darn confusing. There are so many promising better value, better return on your investment but most don’t deliver, not even close. Its enough to make you not even want to mine. But I am here to assure you, there are legit cryptocurrencies out there, ones you can trust. The 2 specific cryptocurrencies I prefer to use are on the following mining algorithms: SHA-256 = Bitcoin ETH = Ethereum
Step 3: Ready, Set, Buy! This is where the fun really begins! To mine you need to buy Hashrate using the cryptocurrency you choose. The examples I use on the next pages will involve the Hashrate SHA-256 for the cryptocurrency Bitcoin (BTC).
What is Hashrate? Simply put, Hashrate is the speed at which the algorithms are solved for all cryptocurrency payments. The more powerful your Hashrate, the faster the system solves the algorithms and the more chance you have of earning back a higher amount of cryptocurrency. There are different types of Hashrate based on the different cryptocurrencies and I always suggest to wannabe miners to split between Scrypt and SHA-56. In this way you can diversify your Hashrate power, increasing your odds of earning a higher profit. HashFlare allows for both of these.
Make Your First Payment 1.
Click the drop down arrow on the Buy Hashrate tab and select your Hashrate type that matches the cryptocurrency you would like to choose.
2.
Select the USD or BTC amount you want to buy by dragging the curser to your preferred amount (I would suggest starting on a small amount and over time as you gain confidence, you can go higher).
3.
Once you are happy with the amount selected, click Proceed.
Step 4: Finalize Your First Payment Its time to make your purchase official. In this step you will be able to check the purchase amount you selected before your payment is final. All in order? Great! Click on Select payment method and let the journey to your financial freedom begin!
Step 5: Select A Payment Method Depending on your preference, paying with credit card is the most universal method, preferred by millions of miners world-wide and the only method I trust. Its important to note: payment can take up to 24 hours to reflect on your account and only then can you begin to mine. But do not fear, before you know it you will soon be able to mine to your hearts content!
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Step 6: Entering The Mining Zone Whoohoo! You can now call yourself a digital miner. Now is the time to dig in and conquer! Once you have made your first payment you will be able to monitor your Bitcoin movement on a daily basis. Just log into your account on the cloud mining service platform you joined and a dashboard will appear. On your left is an example of a HashFlare account set up a few days ago. You will see how navigation-friendly the information is laid out for you.
Sneak Peak: This is where you can change your pool allocation, go to the next page to find out more…
Step 7: To Pool Is Cool What are mining pools? A pool allows you to join a group of like-minded miners, put all your Bitcoin into one place, increasing the hashing power, verifying blocks faster together, to ultimately make more profit at a given time. The profits are then shared. On your left you will see 3 mining pool bars from HashFlare. What’s super cool about this function? You are able to pool your BTC in all 3, at the same time! By sliding the bars and dividing BTC evenly you then get the best Return On your Investment (ROI Be Careful: You can only do this once a day. Once you click save you will have to wait for the next day to pool.
Step 8: Reinvest To Be The Best The Reinvest function allows you to reinvest your current balance of Bitcoin(BTC) on a daily basis instead of taking it out. You can enable the reinvest action to automatically kick in when your balance is high enough to buy the maximum number of Hashrate power. The more Hashrate you have, the faster you are able to mine your cryptocurrency.
What can I do to earn more BTC using this function? •
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Once you have enough Hashrate wait until the 15th of each month to click on the do not reinvest option. Each day a new balance will accumulate in your mining account and by the end of the month you can withdraw the balance into your wallet. Once withdrawn, click back on the reinvest option and do this process until the 15th of the month.
Its that easy and the best part is anyone can do it!
Step 9: Grab Your Bitcoin Wallet You need a safe place to keep your bitcoins. That’s where the Bitcoin Wallet fits in. Once you are ready to transfer your Bitcoin into a wallet, I would recommend you use Luno. I have found them to have the best quality online wallet any cryptocurrency can buy. Ultimately your wallet has to work for you not anybody else. So do some research, ask around, take a look at what’s out there. Your bitcoins will thank you.
You Made It! There you have it, the steps to help you take charge of your financial future. I told you it would be simple and guess what? Once you enter the world of Bitcoin Mining it is extremely hard not to want to continue. It becomes a passion. When I first started out, I can remember how surprised I was at how quickly, almost overnight I had become a Bitcoin miner! And without fail my strategy has worked: I alternate month to month. One month making a deposit ,mining and withdrawing. Then the following month, I re-invest.
Why do I love Bitcoin Mining so much? That’s easy! Its the gift that keeps on giving! Depending on the price of Bitcoin, I have managed to mine back my monthly investment in Hashrate power in just under a year. This obviously fluctuates but the reason I keep on mining is the challenge and thrill that comes with the reward, it brings me a sense of achievement. And YOU can experience it too.
There are always going to be Bitcoin scams out there You may be wondering how can I be so confident that I am not getting scammed. With the amount of Bitcoin crooks in the market, I should be worried and more hesitant right? Well, yes and no. I am always careful. I found a useful site called BadBitCoin, it lists all the companies who are not going to take your money and run. And as a cloud mining service HashFlare is not listed. So that’s the platform I use, but I also make sure to check BadBitCoin on a regular basis just in case things have changed. One needs to make informed and educated decisions in order to trust the provider and to do so, you need to do your research wisely with eyes wide open. There are 22 million bitcoins available to mine, so Bitcoin Mining will definitely be available for years to come (supposedly 2140!). Everyone wants a bit of the coin. Are you going to claim your share? Once you click here to start you take full responsibility for your own mine and what happens thereafter. Earn Passive Income for Life wont be responsible for any bad payments. Don’t throw your whole life savings in, start small and grow your mine from there.
FAQ’s What is Bitcoin? Bitcoin is a cryptocurrency mined via computers which solve algorithms. As these algorithms are solved, bitcoins (BTC) are earned and paid straight into a virtual wallet. It should be noted: There are only a limited amount of bitcoins available. When Bitcoin first launched, a total of 21 million BTC were available. However, that amount is halved every four years, meaning we’ll run out of bitcoins by the year 2140. The reason for the decrease in coins has to do with the way Bitcoin’s unique algorithm works. It’s designed to only supply 21 million coins in total before it essentially runs out of data.
Is Bitcoin secure? Yes, the Bitcoin system is very secure. But there are many mining sites that are not. They can be fraudulent. It is best to check on BadBitCoin often, to make sure the sites you are using (yes, even HashFlare) aren’t listed as the bad guy. Unfortunately there will never be a sure proof way to tell. What is Hashrate? Hashrate is basically the speed at which a computer solves the algorithms to earn BTC - this term was deemed mining. More Hashrate means more BTC mined. There are different forms of Hashrate. A good idea is to split between the different forms e.g.: SHA-256 and ETH to diversify your Hashrate power. HashFlare allows for both of these. Are there any transaction fees? Depending on who your Bitcoin wallet is with, there are some minimal transaction fees. The major attraction of Bitcoin is the fee. Bitcoin is nowhere near what the banks charge. Luno takes a small transaction fee, that’s why I make intermittent withdrawals to avoid unnecessary costs. Is Bitcoin taxed? I know Bitcoin is not taxed in my Country, South Africa. To be a 100% sure, I would suggest you check on local domains for confirmation. Terms and conditions Please read the terms and conditions before you get started with your mining contract. Click here to read the T’s & C’s.
Disclaimer By viewing any material or using the information within this guide, you agree that it is general opinion material and you will not hold anybody responsible for loss or damages resulting from the content provided here by the author. BitCoin, Futures, options and spot currency trading have large potential rewards but also large potential risk. You must acknowledge the risks and be willing to accept them in order to invest in BitCoin, futures, options and/or currency markets. This guide is neither a solicitation nor an offer to buy/sell futures, options or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this guide or in any of its material. The past performances of any trading system or methodology is not necessarily indicative of future results.
