Dear Readers,
There are many cloud mining platforms available to mine cryptocurrencies and BTC.
Don't you have any equipments with you for the BTC from your end?
No problem, Binance Pool launches cloud mining.
The World's largest crypto exchange platform, Binance launched the presale of cloud mining products for the crypto leader Bitcoin from today.
The subscription period is for two months till 18 June 2024. However, the allotment will be done first come first serve basis. During this subscription time, those who purchased the products will be eligible for 30% discount on cloud mining management costs also.
This can be purchased with the Binance App in its home page.
This mining would be for 360 days expecting to start by 3rd July 2024 -27th June 2025.
It is also said that if the mining hashrate could not be delivered within the start date due to various reasons, all the users will be get a refund of their purchases.
It is to be understood that the payment that you will be done include for the electricity and the hashrate fee. The mining outcome in terms of BTC will be your revenue.
You can adjust the hashtrate at the time of purchase. This would vary the cost of purchase which will be shown in the screen as well.
The day to day revenue will automatically be credited to your earning wallet.
The estimated output during the mining would be 0.00000083 BTC per day( If it is going to be 1 TH/second) . It is to be multiplied by 360 days for the total revenue calculation. It would be around 0.000299 BTC ( Based at 1 TH/second mining rate).
The following would be a rough calculation for ready reference. If the projected cost of BTC is 100000 USD, the profit rate is going to be around 29+%.
If you are interested to purchase during this presale period, see this page for more details: https://pool.binance.com/en/cloud
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