What is a cloud mining contract?

2   min.
ECOSpedia 
What is a cloud mining contract?

You have probably heard about the latest offer for Bitcoin investors. So, what is a cloud mining contract? This is a secure and stable form of passive income. Read on to learn more! 

What is a cloud mining contract?

Today a lot of mining companies offer investors to rent a part of their mining infrastructure to earn Bitcoins. For their money, investors get equipment, electricity, software, placement, and even maintenance. Such a contract costs more than a mere investment. However, this is a win-win solution for both parties. The mining company can expand its cloud capacity, ensure the safety of services, and cut down on maintenance costs. The investor gets a reliable source of steady passive income and does not need to mine himself or delegate the task.  

Opening your cloud mining contract

So, how does cloud mining contract work? We have made every effort to simplify the process. Just follow these easy steps:

  1. Choose a cloud mining contract;
  2. Select the amount of money you want to invest and the term of investment;
  3. Make your payment and watch the Bitcoin daily growth.

There are no deposits to open a contract, and a free demo is provided. You pay a fixed price for a complete Bitcoin mining program. Payment methods include:

  1. Bank cards;
  2. Bitcoin;
  3. Ethereum;
  4. Litecoin;·        
  5. Ripple.

At ECOS, the user can easily and independently choose the contract. ECOS mining calculator has two versions: Standard and Pro. In the Standard version, you can choose the duration of the contract and the cost of investment. If you decide to choose a Pro version, you can specify the service fee and BTC price forecast. The service charge is the payment for electricity and maintenance by ECOS. The service charge is indicated for 1 TH / s per day. It will be deducted daily from your BTC profit. You can choose a contract with no service charge. However, in this case, you will get less hash power. You can start your investments at $149. If you are a newbie and want just to try cloud mining, you have an opportunity to get a limited welcome BTC mining contract. 

Conclusion

Today, many investors are wondering, what is a cloud mining contract? This is a hassle-free, secure, and profitable program to mine Bitcoins. In the table below we have summed up all the information, you need to reach a decision.

Ready to enter the contract? Use our online calculator to determine the best terms, or contact us for more details.

How to select a Bitcoin mining contract in ECOS?


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