What do I need to start mining?
It’s necessary to create an account using your email address. Then you should check your email and log on by using the received data. As soon as you enter the site you can buy a new KIT using bitcoin and then purchase a contract, and your mining starts. Its that easy.
How can I get the profit?
As long as you have the amount no less than 0.0001 BTC you will get the payment fortnightly and automatically. If you don’t want to get payments automatically but to store them to purchase additional powers you can choose the relevant payment mode.
Why do I get payment in BTC?
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 them for Bitcoin on the best terms. We could have made payments in different crypto-currencies but in this case our users would have to make an exchange on their own and for the most part the final output power could be way below.
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.
How does Bitcoin work?
From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users.
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.