Short guides into free Crypto currency mining

Getting into Crypto Currency

Crypto Currencies Mining

So you want to get into crypto currencies but don’t have the money to do so. Your not unlike a lot of other people in the world. Maybe you feel like you missed the boat when Bitcoin came out back in 2009? Amazingly it skyrocketed to $25,497 CAD on December 17, 2017. Its currently at $9,606.19 CAD.

I sure feel like I missed out when I had my chance back in 2012 to buy some. After which, I wasn’t too interested in hearing other peoples success stories. But I still kept my eye on the markets from time to time, kept up with the news as well.

Just recently I ran into some articles on cloud mining. For those that don’t know about mining its basically the original way crypto coins are produced. It’s heavy on electricity and needs a very demanding PC rig. I wont go into the specifics of PC mining as it is a very large subject and your here for something a little more simple.

Cloud mining utilizes a remote datacenter to mine a cryptocurrency such as litecoin without having to install all the hardware. The process of cloud mining makes you a participant in a mining pool and involves buying a certain amount of “hash power.” But you don’t have to buy into it, you can do this for free. Now by saying free, do not assume that you will get rich overnight because it wont happen. If you do have some money to spend you can get involved into some higher cloud crypto mining and possibly gain a faster profit but it still wont be over night and I would seriously suggest on researching the mining company before proceeding.

If your interested in getting in on the ground floor of a few of these new coins there are 2 that I would recommend to start off with.

Electroneum(ETN) . With a base of 3.5 million users this new coin is already on the market and is gaining fast. It can already be used for some basic transactions online and the app itself requires little daily maintenance to acquire coins. During your setup procedure you will gain 25ETN and if you want to increase your mining bonus you can use this code here C5B2B9. Just tap “more”, then “generate more ETN” and enter the code inside the app.

PI. Pi is a new coin and is not currently out in the market yet, but there base is growing with 1.5million users and they are projected to enter the market next year(2020). It requires a daily login to make sure your human, but other than that its fully automated. You will also need to be referred to enter but you can use “justminepi” and get in, you will also get a small mining bonus with that.