Latest News on Mining
Multimine.Io New Cloud Mining Review
Sep 2, 2020
In its shortest definition, Multimine is a worldwide cloud mining service. It allows users to purchase hash power from well-maintained and constantly renewed crypto mining devices in cutting-edge mining facilities. Users are rewarded once the purchased hash power is used for cryptocurrency mining.
Multimine, while turning crypto mining into an experience for users, is famous for its R&D studies in this field and the registered patents for continuous efficiency and sustainability. With the mission of making crypto accessible for anyone, the company promises complete transparency, the highest profitability & exceptional security with a hack-free background.
Platform provides many benefits, including:
- Instant access to latest technology crypto mining devices on cloud and achieve the best computational power without physically dealing with the mining requirements.
- Easy Switch between any cryptocurrency to mine with multi algorithms support.
- Ability to mining without technical and crypto knowledge.
- Daily return accumulation & capital movement anytime with ease.
- The lowest hash power price in the market.
How does cloud mining work?
Crypto mining is a verification process of transactions taking place on decentralized blockchain networks using the high computational power, which is known as hash power. For each verification, the miner is rewarded with coins in varying amounts depending on many reasons such as the network protocol or difficulty level.
Cloud mining is remotely purchasing hashpower in order to mine coins and be rewarded. Here, users are freed from any burden of purchasing a mining device, which generally ages quickly or cannot meet the increased power expectation of the network, paying for the high electricity consumption, storing mining devices or maintaining the devices with enough technical know-how.
Cloud mining rises on the basis of investing capital on the hashpower and accumulating return gradually. Similarly to interest earnings, these returns are predictable at certain rates and changes over time. What differs here is, unlike traditional interest returns, returns on crypto mining is, well, crypto.
What are the features of Multimine Cloud Mining Platform?
As Multimine, our job is to offer the best crypto mining experience with continuous product development and agile answering to user expectations. With this mission, platform pioneers many features, including:
- Highest Paying Guarantee: We are the highest paying cloud service in the market and we guarantee that claim with constant price equalization. Please let us know if you encounter any better offerings.
- Instant Deposit & Withdrawal: Platform users hold the right to end, change or cancel an ongoing mining activity anytime and move capital without any limit of time & amount. Simultaneous mining activities can take place.
- Real Time Return Tracker: Due to the volatile nature of the dependent factors, crypto mining returns vary across time and coins. Users are equipped with a dynamic return calculator to easily adjust their investments.
- Multi Algorithms For Many Coins: Multimine supports multi coin algorithms which gives users the flexibility to mine a variety of coins through the same platforms. We support SHA-256, X11, EtHash, CryptoNight, Scrypt and more.
- Daily Return CollectionPlatform wallet is updated on daily bases with the accumulated coin return for users to freely withdraw or re-invest on demand. Daily reflected return can be freely moved without any additional fees.
- Cutting Edge Technology: Mining facilities are equipped with the latest technology ASIC & GPU mining devices which are upgraded gradually while their technical maintenance and repairs are done by hardware experts.
Which coins are available to mine?
Multimine supports multi algorithms for a number of protocols which allows users to choose from many coins available in the platform, featuring Bitcoin, Ethereum, Dash, Dogecoin, and Litecoin, and their forked altcoins.
What influences my cloud mining payouts?
SHA-256 is used to mine Bitcoins (BTC). This means that the only factor which influences the income is the mining difficulty. You can see the difficulty growth chart here — link.
Scrypt is used to mine Litecoins (LTC). This means, that there are 2 factors which influence the income:
- the difficulty of mining;
- the exchange value of LTC/BTC.
- the difficulty of mining;
- the exchange value of LTC/BTC.
Scrypt payouts are converted from LTC to BTC and then added to the user’s balance.
SHA-256 and Scrypt contracts are also subject to daily maintenance+electricity fees (MEF) which are deducted from each payout. Currently the MEF is 0.0035 USD per 10 GH/s of SHA-256 and 0.005 USD per 1 MH/s of Scrypt.
Once the MEF is deducted from a payout, the remaining amount is considered your profit.
*BTC/USD exchange value also influences the MEF.
ETHASH is used to mine Ethereum. As the payouts are provided in ETH, the only factor of influence is the difficulty of mining.
X11 is used for mining DASH. The main factor influencing the income is the mining difficulty.
EQUIHASH is used for mining ZCash (ZEC), which is also dependent on difficulty.
ETHASH, EQUIHASH and X11 contracts are not subject to any additional fees.
What rewards can I receive for referring?
Multimine offers two types of referral programs: Affiliate & promoter. In the affiliate program, the user can earn 5% from each user, and up to 10–4–2% in the promoter program, excluding reinvest and balance purchases. The bonus is added to your account’s balance shortly after the purchase is confirmed.
Where can I find my Referral Link?
You can find your unique referral link in your account’s dashboard by selecting “Referrals” and “Tools” from the menu. In order to generate your referral link click the “Link” button next to your referral code.
What are you waiting for … Start investing now and get instant profits!
Multimine Bounty is live!
Multimine is a cloud mining platform for anyone to start mining cryptocurrencies without purchasing any mining devices, spending time & effort on mining or being negatively affected by price volatility of crypto assets. Simply choose the coin to be mined and proceed with one of the plans offered for that coin type. With our worldwide mining facilities, Multimine handles the rest and gives you the flexibility to easily move your capital without any restrictions.
Advantages of Multimine :
- Highest Hash Power In Lowest Price.
- Instant Capital Injection & Withdrawal.
- Multi-Algorithms & Coins Available.
- Hashpower Allocation Among Cryptocurrencies.
- Daily Return Collection.
- Lowest Mining Fees In The Market.
- Dynamic Return Calculator & Risk Analyser.
- Join Multimine’s Telegram Channel .
- Follow Multimine on Twitter .
- Follow Multimine on Facebook .
- Create an account on Multimine .
Types of bounty campaign:
- Facebook : $0.50 in Ethereum per accepted post, like, comment and shareMultimine ..
- Twitter : $0.50 in Ethereum per accepted tweet, like, reply and retweet.
- You-Tube : $2 – $40 in Ethereum per accepted video review depending on the video review quality.
- Google ads : +20% in your total Google ads cost. [ Maximum of $500 worth of rewards only]
- TrustPilot : $0.50 in Ethereum per accepted review.
- Blog Post : $2 – $40 in Ethereum per accepted blog post depending on the quality.
- Telegram : $0.25 in Ethereum per accepted post in our telegram channel.
[Rejected entries will have no Rewards]General Bounty Campaign Rules:
- Must have an account on Multimine
- Must join there Telegram Channel
- Must like and follow them on Facebook
- Must subscribe to there Youtube Channel
- Must have a minimum of 500 followers on Twitter. [w/ audit score of 90% and above] – For Twitter Campaign
- Must have a minimum of 1000 followers/friends. – For Facebook Campaign
- Must have active investment in Multi Mine + Telegram group must have at least 1,000 members. – For Telegram Campaign
- Must post a positive review on Multi Mine’s Trustpilot page – For TrustPilot Campaign
- Must have a minimum of 200 subscribers in your Youtube channel – For YouTube Campaign
- Blog accounts must be at least 3 months old and Blog post must only be posted on Steemit/Medium or Uptrend.
- Cheating by spamming, low-quality posts, enrolling multiple accounts will result in disqualification.
- Bounty Rewards are sent on a daily basis.
Limitations :
- Only 1 account per person is allowed.
- Maximum of 1 (one) tweet per day only.
- Maximum of 1 (one) like and comment per day only.
- Maximum of 1 (one) Trustpilot review per person only.
- Maximum of 1 (one) video review per day only.
Questions or concerns about the bounty campaign, e-mail at: bounty@multimine.io.
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