With the availability of Crypto more and more people are joining the Crypto "World" every single day but most people don't know how to start, where to get their hands on some Crypto and can they actually receive some free crypto before the invest in any?
Well, Yes of course you using these FREE cloud mining services. But before we talk about those apps let's answer some questions you might have:
What is Cloud Mining?
"Cloud mining is the process of cryptocurrency mining utilizing a remote datacenter with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware." (According to wikipedia)
What does this mean? In simple terms you mine your Crypto on someone else's Computer for a small profit.
Why should you cloud mine instead of actual mine?
Well mining on your computer is a bit dangerous because you can damage your computer but your electricity bill might get higher than usual. With cloud mining you have nothing to worry about you can mine your Bitcoin or Ethereum or any other crypto you are interested in with either a subscription from services or for free with small cuts from your profits. What does small cuts from your profits mean? Well in order to keep those computer running they need to pay electricity bills and sometimes the computer might break down. So you lets say mine 1000$ worth of BTC every month what you actually receive from the free services (depends on the service) is 200-500$ or sometimes even lower. Well at least you aren't paying anything or doing anything that wastes your time so you are profiting every time.
What are the services?
- Ember Fund Mine Satoshis and withdraw in BTC. You open the app every 24H and press on MINE (Mine more Satoshis by signing up here)
- StormGain My favourite with this app you can mine BTC and once you've reached 10USDT worth of BTC (10$) you can withdraw them on your wallet and exchange them on their platfrom. You Open the app every 4h and press on MINE (Get Free 3$ by signing up here and also get an additional of 8$ if you open the APP every 4H in the time period)