Bitmain.farm is a cryptocurrency cloud mining platform. Bitmain Farm uses hardware with SHA-256 algorithm to mine Bitcoin.
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What is Bitmain.farm
Bitmain.farm is a cryptocurrency cloud mining program. Cloud Mining is the process of mining a cryptocurreny utilizing a remote datacenter with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware. The mining rigs are housed and maintained in a facility owned by mining company and the customer simply needs to purchase mining contracts or shares.
This is what Bitmain.farm is telling about their crypto mining activity:
“Bitmain Farm uses hardware with SHA-256 algorithm to mine Bitcoin from the connected ANTMiner Pool, from mining, new coins are introduced into the existing circulating supply of the Bitcoin protocol, mined coins are stored securely on our encrypted cold wallet.
Bitmain, is a privately owned company headquartered in Beijing, China that designs application-specific integrated circuit (ASIC) chips specialized in bitcoin mining.”
NOTE: Cloud mining sites require an initial investment in order to have a rapid return on investment (between 0.2% and 3% per day), many people take advantage to create scams.
They propose to invest and have a very fast ROI. However, once the offer is closed, the site closes. It is very complex to differentiate between companies that actually have mining machines and those that just pretend and are ponzi schemes.
You can earn up to 8% in Bitcoin when a new miner has been purchased through your referral members.
Disclaimer: This article should not be viewed as an endorsement of any of the services mentioned. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. .