Is mining really profitable? How about MVU cloud mining?

Jackchang
3 min readApr 19, 2021

Is mining really profitable?

Jack, from New York, mine coins on the balcony of his home in 2017. It is just a good period for the currency circle to rise, the vision is accurate, the next hand is fast, and the mining machine is bought. Two years ago, the mining currency just experienced a rise in the currency market. Bitcoin rose faster than expected. In the early days, mining coins was simple and easy to learn, and soon a large number of bitcoins were mined. Later, he married his girlfriend, sold some of his bitcoin and bought a house in Shanghai.

Why is mining so difficult now?

Because it is the age of mining cloud computing power. It is difficult for individuals to eat meat in this market without resource mining.

Individual users may be more suitable for one is Ethereum, which is supported by low electricity costs, and the other is some small currencies of PoW mechanism, such as RVN.

MVU Cloud Mining, a cloud mining platform offers to buy Bitcoin, ETH and FIL, has invested in several large-scale mines and IDC computer rooms in Asia. The main hashrate is mainly distributed in power resources Sichuan/Yunnan/Xinjiang/Inner Mongolia in China, as well as Kazakhstan/Russia.

Is it certain that mining in a bear market is not profitable?

Buy hashrate to mine coins, easy to mine coins.

1. Personal mining requires continuous input in order to produce some output. It is a relatively high risk and not a good business. We suggested to friends who want to mine, you can consider MVU Cloud Mining.

Sin up to MVU Cloud Mining by clicking the link here, and enter your email and verification code.

Then choose which coin you want to invest. On MVU Cloud Mining, you can choose Bitcoin, ETH, and FIL, with the min investment of $16. Now, for new users, MVU Cloud Mining offers $16 for 150*3M hashrates.

2. If you are really optimistic about a project and its price is not high, then it is more cost-effective to buy it directly and you don’t need to worry about the mining machine.

3. MVU Cloud Mining, supported by the State Grid of Georgia, with low electricity charge . Cloud computing mining, mining with low electricity charge, with 24-hour special care in the mine.

For personal mining, how to choose the mining platform?

1. Economic model, economic model, economic model, say the important thing three times. A good cloud computing mining platform must have a unique model, so before deciding whether to participate, be sure to study its internal logic carefully.

2. Understand the cloud computing system of the mining platform and the hardware strength of the mining machine.Understand the principle of mining platform, try small investment first.

3. For domestic projects, one layer of risk should be considered, and whether the project party may change the rules blindly.

4. MVU Cloud Mining is the popular cloud computing power platform mining at present. There is no need to worry about the electricity bill.

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Jackchang
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Jackchang is interested in Virtual currency Bitcoin industry