hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
what is going on guys!
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
with another cryptocurrency Article for you and today I'm going to be talking about hourlyex cloud mining specifically how you can start earning a significant amount of money .
on even if you don't have a lot of money to invest when first getting started you see a lot of people are under a misconception that you need to start out with a lot of money in order to make money with cloud money but guys that's simply not the case you know.
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
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I always tell people my friends and different people I know I say you know you guys have to get in to Bitcoin mining there's a great opportunity to make money and most of the time these people say to me you know I'd love to get into cloud mining but the thing is I simply don't have thousands of dollars lying around to invest right now but you see guys .
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
the thing is these people don't understand that you don't need a lot of money to make a lot of money mining Bitcoin on platforms like hourlyex I'm about to go step by step and show you guys how you can start out with a couple hundred dollars say three hundred dollars and turn it into a hundred and fifty thousand dollars or more by investing the right way and then committing to the process and following through .
now if you guys enjoy this kind of content please click the subscribe button down below and give this video a thumbs up alright let's get into it .
so I'm gonna be demonstrating hash Flair cloud mining how you can start mining Bitcoin with only three hundred dollars and in four years .
if you commit to the process turn that into one hundred and fifty dollars of passive income that you earn every single year now if you're unfamiliar with cloud mining the way it works guys is you purchase a mining contract from a company like hash Flair and they essentially rent you their mining equipment and all the cryptocurrency well .
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
I shouldn't say all but a portion of the cryptocurrency that they mined during the time this contract you get to keep and it goes into your Bitcoin wallet every single day now this is great because you can take 300 US dollars and turn it into about fourteen hundred dollars and then you can take that $1,400 and purchase another contract for $1400 and your money keeps multiplying and multiplying until you're earning tens of thousands hundreds of thousand dollars a year on hash Flair now let me show you how it works,
I'm gonna go over here to crypto compare comm and what this is it's a mining calculator if you go to crypto compare comm scroll over to mining scroll over to mining calculators and click the Bitcoin calculator this is a tool that allows you to calculate how profitable any given cloud mining contracts will be and I'm gonna show you guys how you can kind of project your profit into the future .
how you can take into consideration the maintenance fee that hourlyex and other mining companies charge so that you can determine how much money you can make over a certain period of time so if we log into hourlyex and we go to purchase more hash power this is how you purchase a contract and if you'd like more information about how to purchase a hourlyex contract and get started with hourlyex you can click this video right here .
and I will go into lots of detail in that video but that is beyond the scope of this video I'm gonna select two hourlyex right here which is gonna cost me $300 then I'm gonna go over to this calculator and calculate how much that $300 mining contract can earn me in one year because all hourlyex contracts last for one year .
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
so Tutera hash is 2,000 Giga hash and then what you're gonna do for power consumption you're going to go ahead and set that to zero because with cloud mining you're not the one using for you're not the one using or paying for the electricity hourlyex is using and paying for the electricity that's why you're gonna pay them a maintenance fee same thing with cost per kilowatt per hour.
set that to zero because hourlyex is paying for you to electricity and then it basically gives you your profit and it breaks it down into four different groups profit per day profit per week profit per month profit for a year so according to this calculator with your Tutera hash of mining power which costs you $300 for a one year contract after one year you will turned your $300 into 1768 84 cents.
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
but we're not done yet we need to calculate in that maintenance feed so the way we're gonna calculate that maintenance fee is we're gonna open up a calculator and hash flour charges zero point zero zero three five cents per ten Giga hashes every single day.
so we're gonna take our two thousand Giga hashes we're gonna divide that by ten which gives us two hundred then we're gonna multiply that by zero point zero zero three five cents which equals seventy cents so every single day.
when I earn my four dollars and eighty five cents on average because again remember guys the profit you earned does depend on the price of Bitcoin in the mining difficulty and you know most of us who are into cryptocurrency have faith that the price of Bitcoin is gonna continue go up .
so this is a this is this calculator is based on the price of Bitcoin and the difficulty of Bitcoin as it stands today but this is obviously going to fluctuate as time goes on but this is a good way to just kind of get a rough estimate of how much you'll make so I'm gonna take my 4 dollars and 85 cents and I'm gonna subtract 70 cents from that .
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
so I have 45 and then subtract zero point 70 equals four dollars and fifteen cents per day if I purchased this $300 Tutera hash mining contract I'll be earning four dollars and fifteen cents per day now I'm gonna multiply that by thirty because there's about thirty days in a month and we'll earn one hundred twenty four dollars and fifty cents a month so in three months we'll already more than break even on our mining contract.
now I'm gonna go and multiply that monthly average by twelve because there's twelve months in a year and it gives me one thousand four hundred and ninety four dollars so in one year I just took three hundred dollars and I turned it into one thousand four hundred ninety-four dollars now I could just take that money out and spend it somewhere and be like oh cool .
I I made a little bit of money mining Bitcoin but there's a proper way to invest in cloud mining so you can keep your money multiplying and multiplying so what I'm gonna do is I'm gonna take my one thousand four hundred ninety four dollars and purchase another year-long contract which allows me to purchase nine point five Terra hash of mining power in hash Flair so now instead of working with two Terra hash my second year I'm mining with nine and a half Terra hash.
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
so let's figure out how much we'll make with nine and a half Terra hash after another year-long contract I'm going 9500 Giga hash again set the power consumption of zero the cost per kilowatt to zero and now we're earning twenty three dollars and two cents a day let me calculate in that maintenance fee once again.
so we have ninety five hundred and we're gonna divide that by ten nine fifty and we'll multiply that by zero point zero zero three five cents for the maintenance fee which equals about three dollars and 33 cents so I'm gonna take my twenty three dollars and two cents and subtract three point three three so I'm earning an average of nineteen dollars and 69 cents per day during my second year of mining I'll multiply that by thirty.
because there's about thirty days in a month and you'll see that after the maintenance fee comes out I'm earning about five hundred ninety dollars per month I'll multiply that by twelve and I'm making about seven thousand eighty-eight dollars in a year so after two years I took my three hundred dollars this small investment and I turned it into seven thousand eighty eight dollars so now I'm gonna reinvest this back into cloud mining and now instead of nine point five Terra hash I have seven thousand dollars to invest.
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
so I'm gonna move this up to seven thousand dollars 7050 dollars gives me forty seven Terra hash so how much are we gonna make with forty seven Terra hash I'll get forty seven thousand Giga hash set everything to zero and I'll calculate this maintenance fee for us forty seven thousand divided by ten because they charges per 10 Giga hash and that's gonna cost us 0.0035 cents per 10 Giga hash so hourlyex will be taking $16.45 out of my profit my daily profit so $16.45.
I'm earning about 97 dollars and 43 cents a day during my third year multiply that by 30 to get twenty nine hundred dollars per month multiply that by 12 and we're looking at about $35,000 after our third year of cloud mining on hash Flair so look guys we took a three hundred dollar investment we're reinvesting we're committing to the process we're following through and after three years we turn it into $35,000.
now that's a lot of money we can get over 200 Terra hash with thirty five thousand dollars in fact that's so much that hash Blair you have to purchase two separate contracts with them in order to spend thirty five thousand dollars in fact you can get more than two hundred Terra hash but I'm just gonna say two hundred Terra hash during our fourth year of cloud mining starting with the three hundred dollar investment.
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
that's two hundred thousand Giga hash power consumption is zero cost per kilowatt to zero let me calculate in our maintenance fee we're gonna do two hundred thousand divided by 10 which equals twenty thousand and then I'll multiply that by our zero point zero zero three five cents that hash Blair charges as a daily maintenance fee for ten Giga hash and they're taking out seventy dollars per day so for a four point 60 - 70 dollars equals after the maintenance fee four hundred and fourteen dollars and sixty cents every day .
we'll multiply that by thirty days in a month which equals twelve thousand dollars a month we'll multiply that by twelve months in a year and we're earning one one hundred forty nine thousand two hundred and fifty six dollars a year so we just turned three hundred dollars into 149 thousand two hundred fifty six dollars a guy's keep in mind right as the price of Bitcoin continues to rise and.
we saw just a few days ago a twenty thousand dollar Bitcoin there is no doubt in my mind that Bitcoin the price is going to continue to rise and you know we have people out there like John McAfee who is setting out to create the largest cloud mining company in the world he's predicting the price of Bitcoin to go up to 1 million dollars per Bitcoin by the year 2020 .
so that really is the case guys then this is the perfect time to start cloud mining even if you don't have a lot of money to invest in if the price of Bitcoin is really gonna go up to a million dollars even if it goes up to $50,000.
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
I mean the amount of money that we can make is absolutely incredible guys and we're gonna look back in a few years in like you know five to ten years we're gonna look back at these days and and talk about them like wow remember back in the day.
when cryptocurrency was first coming out and we could mine on hourlyex and make all this passive income without doing anything but things are gonna change guys this is the time to get into this new technology.
so I want to encourage you even if you don't have a lot of money to start out with it's a wise idea to start investing into this right now because now is the time to do it the airplane is just starting to take off and we still have time to get on board if you guys want to sign up for hourlyex you can click the link in the description of this Article and get started mining Bitcoin today and you'll receive your first Bitcoin payout tomorrow.
so look guys if you have any questions let me know in the comment section also if you enjoy this kind of content please hit the subscribe button down below and give this Article a thumbs up check back each and every day for new cryptocurrency videos and until then I will see you guys next time .
Thanks For Reading
hourlyex New bitcoin cloud mining site 2020,Best bitcoin earning site
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