Mining is the process on which the world of cryptocurrencies rises, being also an activity that can be highly lucrative. However, not all of us have the ability to buy and maintain specialized mining machines. For this reason, there are companies that allow you to invest in their mining activities, taking care of the process themselves. Therefore, and for you to know them today we bring you the review of the mining company ScryptCube.
ScryptCube mining company basic data
Foundation year: 2016
Country of registration: United Kingdom
Minimum investment: $ 1.90
In the crypto world there are dozens of ways to make money. And it is that, not only is trading, hodling and investments, but on all these routes is mining. The method designed by Satoshi Nakamoto by which Blockchain users lend their computing power for the operation of the network, in exchange for a reward in Bitcoin.
However, due to the complexity of the process, only those who own and maintain dedicated mining equipment can make this activity profitable. De facto excluding a good part of crypto users from mining.
This is exactly what ScryptCube is trying to fix. A British cloud mining company that puts the possibility of benefiting from mining within the reach of ordinary users. Investing a much lower amount of money than we would have to invest to buy and maintain mining equipment. In exchange for benefiting from the mining carried out by the company in the Bitcoin chain.
So the only thing we have to do to start generating profit in mining with ScryptCube. It is to register on their website, invest the amount we want according to the available plans, and start receiving our portion of the mining profits in our balance on the platform.
When it comes to receiving earnings in ScryptCube there are three factors that affect the amount of the same. Two of them are independent of us and ScryptCube, the difficulty of mining the Bitcoin Blockchain and the price of the cryptocurrency in the market at the time of depositing the profits. But the third factor is totally up to us, and it is the mining investment plan we choose.
Thus, ScryptCube offers its users two investment plans. The first known as BITCOIN – 1 Year, which has a duration of one year, without any maintenance fee, and a price of $ 1.90 for each GH / s assigned to the user. While the second plan is called BITCOIN – 2 Year, with a duration of two years, without maintenance fees, and a price of $ 3.50 per GH / s.
The greater the computing power you acquire from ScryptCube, the greater the profits you will receive from the company, offering you a calculator with which you can calculate your estimated benefits, according to the amount of GH / s you rent.
As for the payment methods available in ScryptCube, the mining company offers you various options for you to make your deposits and withdraw your profits. Thus, you will be able to choose between operating directly with Bitcoin, receiving your benefits in cryptocurrency, or using your Visa and Mastercard, investing with fiat money. In addition, they have the option to pay by ETH and by Payeer
One of the great criticisms made of Bitcoin is the exclusion of a good part of its users from the BTC Blockchain. Well, although anyone can easily create a Bitcoin wallet and start making operations with the cryptocurrency. It is much more complicated to participate in its mining process, leaving it reserved only for large companies with the ability to invest in large-scale mining operations.
And it is with this trend that ScryptCube fights. Creating an investment platform adapted to any pocket, with which you can start generating profits immediately. In a simple way and without making any kind of effort in the mining process, which is directly handled by the company’s experts. Confirming, therefore, after this review of the mining company, that ScryptCube is an interesting option in the market to invest our money.
Risk warning: Investments in the cryptocurrency sector are high risk. CryptoTrend recommends conducting thorough research before investing money.