How do I start mining Bitcoins?
1) Sign up for an account.
2) Once logged in, you need to purchase a KIT (Bitcoin mining plan) from your user account using Bitcoins.
3) Activate your mining contract to start mining Bitcoins.
Video Guide: https://www.youtube.com/watch?v=MsnuP5-llVA
How can I withdraw my mined earnings?
Your mining output will be automatically transferred to your CoinBank wallet. You will have to save your wallet address in your GainBitcoin account. You may also choose to buy more hash power with the mined output.
Why do I get payments in Bitcoins (BTC) Only?
GainBitcoin pays out the mining outputs in Bitcoins ONLY to all its's customers. To ensure the high output power our hardware mines different types of crypto-currency including BITCOINs and Altcoins, at the same time. Then our specialists exchange the alt-coins for Bitcoins on the best terms.
Can I use my hardware on your service?
The main priorities for us are high output power, low power consumption and stable operation. For this reason we are using latest advanced ASIC miners in our data centres. If you have the similar miners we are ready to accept them after the full diagnostics. To order the diagnostics please call our Service desk using the contact details on the Support page. You should specify the full name of the miners as well as the purchase date.
What is Bitcoin?
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
Who controls the Bitcoin network?
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.
Is Bitcoin really used by people?
Yes. There is a growing number of businesses and individuals using Bitcoin. This includes brick and mortar businesses like restaurants, apartments, law firms, and popular online services such as Namecheap, WordPress, and Reddit. While Bitcoin remains a relatively new phenomenon, it is growing fast. At the end of August 2013, the value of all bitcoins in circulation exceeded US$ 1.5 billion with millions of dollars worth of bitcoins exchanged daily.