1. What is Cloud Mining?
Cloud mining allows you to participate in Bitcoin mining without the hassle of purchasing expensive mining hardware or handling technical maintenance. By renting computing power from remote data centers, you can engage in mining without worrying about electricity costs or hardware issues. Think of it like subscribing to a service—you pay, and professionals handle everything while you earn mining rewards. That’s the beauty of cloud mining!
2. What are the Advantages of Cloud Mining Compared to Directly Buying Coins?Cloud mining contracts typically have shorter durations. The BTC earned through cloud mining, using an equivalent amount of USDT, can be reinvested in additional mining products, resulting in a greater quantity of BTC over time compared to directly purchasing it.
3. Why Purchase Cloud Mining?
Cloud mining is simpler. Users only need to pay for hashrate fees to continuously receive mining output for the effective period of the product. Fluctuations in computing power, machine wear and tear, maintenance, power outages, and other associated costs and risks are all handled by the platform.
4. Comparison of DigiFinex Cloud Mining and Traditional Mining Platforms
DigiFinex Cloud Mining | Traditional Mining Platforms | |
Withdrawal Threshold | Low | High |
Methods to Sell BTC | Direct Spot Trading | Withdraw to Exchange |
Withdrawal Fees | Low | High |
Minimum Purchase Amount | Low | High |
Product Duration | Short | Short |
Earnings Settlement | Daily Settlement | Daily Settlement |
5. Where is the Mining Farm?
It's located in the US, Indiana, Marion.
6. Where does Electricity of Mining Farm Come from? Water Power? Wind Power? Fossil Energy?
Power is supported by unrestricted clean energy provided by AEP Power.
Warm reminder, beware of fake customer service
1) Please do NOT provide your account & password, SMS, Google Verify, WeChat or bank card password to anyone, including DigiFinex customer service.
2) Please verify the official website DigiFinex.com
3) Do NOT click any unofficial links to prevent computer poisoning and information leakage.
4) DigiFinex exchange staffs will NOT ask you to transfer money for payment.
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