Why I mine on the MVU cloud mining platform
Hello, everyone. Recently, many friends around me asked me, how is my mining profit?
This is the ETH income I have received in the last few days in the MVU cloud mining. （1ETH=$2000） Many friends may not particularly understand what the hash power I bought is ? How I operate to achieve mining?
There are currently three levels of hashrate contracts, one of which is a special benefit for newcomers. The benefits may be cancelled in the future, but it is still more cost-effective now. I invested a total of 20,000, and I have digged up to 0.6 bitcoins. Calculated according to the current currency price, the income is about 40,000 and gradually increases with the increase in computing power. This year, my principal should be able to pay back, and the next two years will be net income. MVU cloud mining is really a very great platform!
Some friends will ask me if you are not afraid the platform to escape ?
I look at this issue from two points:
1.Does the platform have a real mine? Without this support, it is basically virtual mining. I have visited their mines before choosing investment. There is no problem on this point.
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2. The profit model of the platform! You must know that the platforms that run away are undoubtedly those fund-raising scams that continue to attract new investors to the market to provide old investors. When the capital chain is short, it will collapse and run away. The platform I chose can be regarded as a veteran of the mining industry. The mine has been in operation for three years, and he leases and sells the right to use the computing power for a period of time to customers at a price slightly lower than the income from self-operated mining, which can quickly return cash, pre-purchase the latest mining machines, expand the scale of production, To achieve the possibility of profit in the forward market, to a certain extent, it can also retain mining machines and transfer risks at low currency prices, and hedge the unitary risk of mining self-operated business. For users who purchase hash power contracts for cloud mining, it eliminates the cumbersome steps of mining pool site selection, mining machine setting, mining machine cooling, noise removal and other cumbersome steps that may be involved in traditional mining. For home mining, users can pay less electricity and maintenance expenses. This is a win-win situation.
Reminders and suggestions:
1.Mining investment is a long-term and stable return process, and the risk coefficient is naturally much smaller than speculation. Basically won't lose. However, it is recommended to use excess funds to invest in this type of investment. After all, it is not a process of seeing profits immediately, so investors who are chasing high profits, short, flat, and fast do not make suggestions.
2. Although the operation of cloud mining is very simple, it is based on the recognition of the current value of Bitcoin and the future value-added space. Those friends who say Bitcoin is a liar could not get involved and ust watch how Bitcoin develops in silence!
