Despite 4+ years on the cloud mining market, Cryptomining.Farm is still struggling to gain traction. Compared to similar cloud-mining platforms, the company is relatively unknown and far from popular among people who wish to mine crypto. While some Cryptomining.Farm features excite blockchain enthusiasts, the obvious downsides prevent the more cautious crowd from investing in the mining pool on offer. Here is everything you need to know on how to start earning through online mining with Cryptomining.Farm.
Outstanding Cryptomining.Farm Features
When you consider Bitcoin mining opportunities offered by Cryptomining.Farm, the returns seem unrealistically good. The company promises:
- Short-term plans to mine crypto in the cloud do not require substantial upfront expenses from investors not willing to take great risks.
- There is no difficulty increase throughout the 15-year-long cloud mining plans. Each hashrate unit will return the same amount of money throughout the length of the contract.
- New users get a 50 GHS bonus as soon as they purchase 20 GHS.
- For every referral, you get 15% of the users’ spending on the online mining website.
- Android and iOS mobile apps make on-the-fly access to the cryptocurrency mining dashboard and wallet easy and quick.
Cryptomining.Farm might seem like the best and only way to earn Bitcoin, but there are downsides to the seemingly ideal operation. Before you invest, consider this:
- The mining pool is non-existent because the company owns no ASIC hardware and runs a virtual cryptocurrency mining operation. When you transfer the funds, you do not get access to any Bitcoin mining rigs. Instead, you buy virtual cloud mining hash rate and enable the platform to uphold the no-difficulty increase guarantee.
- After four years online, the company website looks amateurish, nothing like the respectable cloud-mining platforms.
How to Start Earning and Set up an Account
Registration is one of the most straightforward Cryptomining.Farm features. The sign-up form requires standard information and takes only a minute to fill in. Another way to earn Bitcoin is to register through the mobile app. After you receive the confirmation email and activate the account, your cloud mining operation is good to go. Select the preferred online mining package, hash rate, and transfer the payment. As the mining pool is virtual, you needn’t tweak the settings often. After you submit your payment details, the withdrawals can be automatic.
Should You Mine Crypto via Cryptomining.Farm?
The answer depends on your long-term and short-term goals. Multiple withdrawal screenshots posted online prove that you can return some money you put into cryptocurrency mining. However, the virtual nature of the operation along with unrealistic promises make this company look more like a multi-level marketing scheme than a reliable Bitcoin mining business. If you decide to mine crypto with Cryptomining.Farm, do not dive off the deep end with a 15-year-long plan. Instead, test your luck with short-term packages and assess the returns before you do anything drastic.
As always, remember that cloud mining is not a sure thing, despite the promises some cloud-mining platforms make. After you learn how to start earning, every time you buy hash rate you take a risk, as cryptocurrency volatility can cut your earnings in half within days. Cryptocurrency is risky, but fortune favors the daring.