Ethmine – Cryptocurrency Cloud Mining
Ethmine is a cloud mining service of one of the most popular cryptocurrencies in the world, Ethereum. The project has just appeared on the market, it was created in February 2018 in Hong Kong. The CEO of the company is Lucas Visser. The language of the site is English.
The creators of the company call their principle of cryptocurrency mining “smart mining”, because miners do not need to pay the cost of equipment, as well as farm maintenance and energy costs. It is enough for the client to purchase a contract for the lease of computing power offered by a large data center located in Iceland in order to earn cryptocurrency.
Registration on the ethmine biz website
The registration process is very simple, just specify a minimum of personal data – name, email address, password and secret word, which can be used if you forget the password.
The company offers two payment options for mining contracts: fiat currency (US dollars) and bitcoins. You can choose one of three packages: Starter, Advanced, Superior.
- The Starter package is 3.73 MH / s – 1800 MH / s capacity, the expected profit of 2.6% per day. Deposit: $ 10-4999 or 0.001-0.49999999 BTC.
- The Advanced package – from 2000 to 8000 MH / s, the expected profit of 2.8%. Deposit: $ 5,000-19,999 or 0.5-1.9999999 BTC.
- Superior package – capacity from 8500 MH / s, profitability 3% per day. Deposit: from $ 20,000 or from 2 MTC.
Within each package, computing power also varies with the amount of the deposit. With the minimum allowable amount of payment, the capacity will be at the lower threshold, and the larger the investment amount, the higher the hashrate. You can get a detailed calculation of power and payback using the online calculator on the main page of the project website.
Charges are carried out daily; funds can also be withdrawn on any day. As evidenced by ethmine reviews, the project regularly pays money.
The company offers the opportunity to refuse to use the package before the end of its expiration time. If the client wants to terminate the contract and complete work with this service ahead of schedule, then a 5% commission is charged on the amount of funds withdrawn by him.
According to the developers of the project, they paid great attention to security, so that user accounts were protected from hackers. For this, measures such as:
- SiteLock tool that protects the company’s website from malware (visual password generator)
- McAfee antivirus program
- Antivirus program Anti-Malware
- GeoTrust SLL Certificate
Customers are offered two options for an affiliate program: standard and representative. According to the standard program, the partner receives for each client he attracts a regular fee of 10% of the profit that the client will receive from cloud mining. Representative program – this is 5% of the client deposit immediately, and then the partner will receive a reward in the same way as in the standard program.
Ethmine biz: user reviews
Since the project has existed for only a few months, there are still few reviews about it. The only thing that is known from customers is that for now, payments are made regularly. Among the positive aspects, a well-thought-out interface of the site, favorable tariffs for cloud mining, the ability to work with both fiat money and cryptocurrency are also noted. Disadvantages – commission for early completion of the contract, as well as the lack of other language versions.