As more players entered the cryptocurrency scene, mining became more complex, requiring more computing power. For this reason, many people who used to mine crypto using their own hardware now find it unsustainable due to high electricity costs and the wear and tear on their hardware. Cloud mining has therefore become an attractive option.
What Is Cloud Mining?
Cloud mining is a mechanism to mine a cryptocurrency, such as bitcoin, using rented cloud computing power and without having to install and directly run the hardware and related software. Cloud mining firms allow people to open an account and remotely participate in the process of cryptocurrency mining for a basic cost, makes mining accessible to a wider number of people across the world. Since this form of mining is done via cloud, it reduces issues such as maintenance of equipment or direct energy costs.All in all, if you want a truly hands-free investing experience, then cloud mining is the way to go.
How to start cloud mining
Keen to give cloud mining a go? Here are the basic steps you need to follow to begin.
Step 1. Choose a cloud mining provider
AMGCrypto is a popular and powerful crypto mining platform that is an excellent resource for earning passive crypto income. The platform is one of the world’s leading mining companies and your trusted partner. In order to take it to the next level, AMGCrypto has launched a free Bitcoin mining program, allowing you to passively earn Bitcoin. They promise to open bitcoin mining to everyone, regardless of technical know-how or financial resources, with no strings attached. Once you have mined 12USDT worth of bitcoins, you can transfer them to your account and trade them. Any profit you make is yours and you can withdraw it to your personal wallet.
Advantages of this platform:
Sign up and get $12 bonus instantly.
High profitability levels and daily payouts.
There are no other service or administrative fees.
You can generate more than 6 other currencies using the platform.
The company’s affiliate program allows you to refer friends and earn up to $3,000 in referral bonuses.
McAfee® security protection. Cloudflare® Security Protection.
Backed by a 100% uptime guarantee and 24/7 excellent technical support.
Step 2. Sign up for an account
In this example, we choose AMGCrypto as our cloud mining provider.
Go to your chosen provider and sign up to create a new account.
AMGCrypto offers an easy registration process, all that is required to participate is to enter an email address and create an account. After signing up, users can immediately start mining bitcoins.
Step 3. Buy mining contracts
Currently, AMGCrypto also offers various mining contract options, such as $100, $480 and $1160 packages. Each has a unique ROI and has a specific contract length.
When participating in the following contracts, you will unlock more passive income:
| Contract price | Contract terms | Fixed return | Daily rate |
| $12 | 1 Days | $12+$1.2 | 10% |
| $100 | 3 Days | $100+$5.1 | 1.7% |
| $480 | 7 Days | $480+$67.2 | 2% |
| $1160 | 14 Days | $1160+$354 | 2.18% |
| $2800 | 30 Days | $2800+$1915.2 | 2.28% |
You can get the income the next day after purchasing the contract. When the income reaches 100 US dollars, you can choose to withdraw to your encrypted wallet or continue to purchase other contracts
Affiliate Programs
Now, AMGCrypto also launched an affiliate program,The platform allows you to earn money by recommending the website to others. You can start making money even if you don’t invest. Reaching a certain number of individuals who invite active referrals will receive a fixed bonus of up to $3,000 at one time. With unlimited referrals, your earning potential is unlimited too!
Conclusion
If you are looking for ways to increase your passive income then cloud mining is a great way.When used correctly, these opportunities can help you grow your crypto wealth on “autopilot” mode with minimal time investment. At the very least, they should take less time than any kind of active transaction.Passive income is the goal of every investor and trader, and with AMGCrypto you can maximize your passive income potential easier than ever.
If you want to learn more about AMGCrypto, please visit its official website.
