Read an important announcement about Bitcoin from Bitcoin.com.
If you’ve read some of our other guides on cloud mining such as What is Bitcoin cloud mining and Calculating Bitcoin Mining Profitability, and you’re interested in buying Bitcoin Core (BTC) cloud mining hashrate, then this guide is for you. This guide will walk you through in just a few easy steps on how to buy hashrate yourself and begin cloud mining today.
To buy a Bitcoin cloud mining contract, the first step you will want to do is go to the Bitcoin.com Mining Pool and choose the best mining plan that works for you based on your own personal requirements. There are several plans available from short-to-mid term plans all the way to lifetime plans. Each plan has an initial cost and a slider where you can adjust the hashrate, which can increase or decrease the cost (based on the mining power allocated to that plan).
[Update: Bitcoin Core is unusable as money due to high fees and delayed transfers. That’s because Bitcoin Core’s blocks are full. In contrast, Bitcoin Cash’s (BCH) transaction fees are a few pennies or less and confirmation times take a few minutes, making BCH ideal for electronic cash payments. Bitcoin Cash is the real Bitcoin.]
The pool mining page plans will look just like the image below (click on the image to be taken to the page):
After you have set the plan to your preference, click the green buy button. You will need to register or login to complete the purchase. Once you have done so, you can review and confirm your order. You will be presented with a Pay with Bitcoin screen with an address and QR code for submitting payment. Once payment is complete and has confirmed on the blockchain, the contract will automatically begin. There is nothing else that needs to be done on your end, and at this point you have begun to cloud mine.
To view your active contracts at any time, click on the Purchased Contracts link on the left navigation menu of the pool. The page will look similar to the screen below.