In the world of cryptocurrency, new platforms and opportunities seem to pop up every day. One of the latest entrants into the scene is Chainmine.org. But what exactly is Chainmine.org? In this review, we’ll break down everything you need to know about this new money-making platform.
Chainmine.org is a Bitcoin cloud mining platform. But what does that mean? Essentially, it allows individuals to participate in Bitcoin mining without the need for expensive and energy-intensive mining rigs. Instead, users can purchase or earn hash power and contribute to the mining process collectively. This approach is meant to make Bitcoin mining accessible to everyone, even those without extensive technical knowledge or deep pockets.
How to Join Chainmine.org
Joining Chainmine.org is a relatively straightforward process. You can start by visiting their website at chainmine.org. Once on the website, you’ll need to sign up for an account. Creating an account on Chainmine.org is free, and there are no hidden fees or charges for registration.
Upon registration, you’ll receive a sign-up gift of 1,000 GH/s (1 TH/s) of free hash power. This is your initial mining power to get you started. Bitcoin mining begins automatically after registration, so you don’t need to worry about complex setup procedures.
How to Make Money on Chainmine.org
Now, let’s get to the exciting part – making money on Chainmine.org. Here’s how it works:
As mentioned earlier, you receive 1 TH/s of free hash power upon registration. This free power allows you to start mining Bitcoin immediately. Chainmine.org offers three ways to boost your mining power. You can purchase additional hash power directly, exchange your mined Bitcoins for more hash power, or refer new customers to the platform and earn a commission in the form of extra hash power. These options are accessible through your personal dashboard.
Affiliate Program: Chainmine.org has an affiliate program that allows you to earn by referring others. Simply share your referral link with friends, in forums, or on social media platforms, and you’ll receive a commission from the hash power they purchase or earn.
The platform boasts a highly automated system that eliminates setup fees and delays. You won’t encounter any additional costs when upgrading your hardware power.
While Chainmine.org doesn’t charge fees for transactions within its platform, it’s important to note that Bitcoin network transactions do have fees. These fees vary based on the amount and can result in transaction delays.
Chainmine.org Investment Plans
Chainmine.org offers different investment plans based on the amount of hardware power you want to purchase. Currently, the platform allows customers to buy a minimum of 3.670 TH/s and a maximum of 71.865 PH/s per order. Prices may vary, but as of now, 1 TH/s is approximately equivalent to $3.17 in Bitcoin.
With an estimated return on investment (ROI) of around 12 days, Chainmine.org appears to offer a potentially attractive opportunity for those looking to get into Bitcoin mining without significant upfront costs or technical expertise.
Make Money on Chainmine.org Through Referrals
One of the unique features of Chainmine.org is its referral program. This program enables users to earn additional hash power by referring others to the platform. The referral program consists of three levels:
Level 1: 7% commission
Level 2: 2% commission
Level 3: 1% commission
This means that if you refer someone who then purchases hash power, you’ll earn a percentage of their purchase, depending on your level in the referral program. This can be a significant boost to your mining power and, consequently, your earnings.
Is Chainmine.org Legit or Scam?
It is a ponzi scheme that would crash one day. Based on our observation, there is limited information about chainmine.org, missing information about founders and ownership structure. This is a major red flag of a fraudulent platform. Be careful before investing in it.