Cloud mining with Eobot

By fulghum | fulghum | 30 Jun 2019


Do you have a few free satoshi and want to try cryptocurrency? Try Cloud mining from Eobot.

  • Immediate results, mining updates every 60 seconds
  • Can own fractions of cloud instances, if desired
  • No heat or hardware to maintain
  • Choose payout in any displayed cryptocurrency
  • 10 year and 24 hour rental lengths available
  • No returns/exchanges
  • (Cloud SHA-256) SHA-256 algorithm, 1.0 GHS per 1.0 cloud instance owned
  • (Cloud SHA-256) Follows Bitcoin difficulty, which in the past has increased exponentially. This means payouts will likely be reduced over time, unless the price of Bitcoin rises to keep pace

What is the current fee?
28% for GHS 5.0
26% for GHS 6.0

Why do the electricity/maintenance fees increase?
Think of it like this: If the fees are $1 a month in electricity and maintenance and your mining earnings are $2 a month, then our fees are about 50% of your earnings. However if the Bitcoin mining difficulty increases and/or the price of Bitcoin decreases by 25%, then your mining earnings are now only say $1.50 a month. The cost of electricity and maintenance is still $1 a month but your mining earnings dropped so your profit margin drops. Now you only have 33% profit margin.

*Cloud mining should be considered as a fun, recreational activity and not a source of income or investment. The above numbers reflect no difficulty increase. Investing involves risk, including possible loss of principal.

In addition to the normal risks associated with investing and mining, cryptocurrency mining investments and related instruments may involve risk of capital loss from unfavorable fluctuation in cryptocurrency values, exchange-related risks, policy risks, liquidity, and market price fluctuation and demand.

The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase. There is no guarantee that any strategies discussed will be effective. The information provided is not intended to be a complete analysis of every material fact respecting any strategy. The examples presented do not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy.

  https://www.eobot.com

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