General (15)

When we start our mining operation you are likely to get more bitcoins for your money, and less risk due to the following reasons:

1. Based on the current hashrate and bitcoin price (Jan 1 2019) the cloud mining contract equals to buying Bitcoin at a significant discount to the Bitcoin price. Although this may vary due to changes in the hashrate, a cloud mining contract will  historically give you more bitcoin each month, than what you had received for the same amount of money buying bitcoin directly in the market.
2. A cloud mining contact give you the possibility to build yourself a monthly cash flow, rather than having to speculate on timing in such a volatile market as the bitcoin price.
3. If the Bitcoin price falls, the global hashrate also falls, giving you more bitcoin each month making up for much of the price risk associated with bitcoin.
4. It is very difficult to safely buy a large amount of bitcoin in the market due to the maximum purchase cap at the bitcoin exchanges. A cloud mining contract is often the only way of safely getting a large amount of bitcoin for your money, and for institutional funds and investors to diversify into bitcoin.
5. A cloud mining contract gives you freshly mined virgin bitcoins that is often valued more than circulated bitcoin due to the 100% certainty they have not been used for any illegal activities. The only way to receive real virgin bitcoins is through mining or buying the miners wallet directly.
6. A cloud mining contract gives you the possibility to mine other SHA-256 algorithms and crypto currencies if they become more valuable or profitable than Bitcoin in the future, making diversification possible and eliminating much of the risk associated with just buying one type of cryptocurrency.

If Evolution Global new chip is working as the tests are showing it is likely to do, we expect to be the mining operation with the lowest break-even price of any mining operation in the world today. This means we are likely to continue to mine also at low bitcoin prices, even when our competitors have to shut down their operation due to their higher costs.

Categories: General, Mining, Orders, Payment

By prepaying for electricity and all costs on a long term perspective it gives us stability to guarantee service in the years to come. In a industry where too many contracts are dependent on maintenance fees to be paid from the rewards every day. There is a added risk that operations will cease if there is a temporary downward trend in pricing or rapidly increased complexity.  We will continue mining regardless of the future price development of BTC. As we see a future where prices again will increase radically.

Categories: General, Orders, Payment

We have a new groundbreaking technology that reduces electricity cost by over 80% compared to miners using the industry standard Antminer S9, that gives you a lower cost and higher profit on your investment. Since we can mine with less power we pass that saving over to our customers, and since we can stay profitable and mine even at lower BTC prices the risk is far lower for us having to shut down our operation. In addition by mining in our pool we pay out 100% of the block reward and fees mined to our customers. That’s right you can mine with 0% pool fees for the entire duration of your contract.

We only want customers with a minimum 3 year perspective. We also need predictability for our investments in build of datacenters. Since the main investment cost has to be made regardless of 3 or 5 years the yearly price for a 5 year contract is cheaper and the best option if you are looking for a long term perspective. Since our contracts include electricity and maintenance there is no risk we will stop mining in the future because we cannot afford to pay electricity bills.

Category: General

Mining is shcheduled to start by end May.
In the event of delay, then for every day delayed start the contract termination date will be extended with one day. So total time of mining stays the same. In the event of shutdown or power failure for over 1 day mining will be extended with the same period.

Categories: General, Mining

Once mining start you will register your own user account on our mining pages. Here you will define your external cryptocurrency/Bitcoin wallet where you want your mined coins to be transferred to. Be aware that for each transfer to your external wallet there will be a small transaction fee (controlled by the Bitcoin network) so we recommend you only transfer on a weekly or monthly basis or whenever your balance is 1 BTC or higher. otherwise if you have a low hashrate and choose transfers on a daily basis a considerable percentage of your rewards will be deducted as transaction fees. If you have large hashrates then Daily rewards will be of a significant size allowing you to withdraw on a daily basis.

Categories: General, Payment, Technical

Currently we accept the following payment types.

Credit cards via Paypal Checkout or Stripe Checkout

Cryptocurrencies: Bitcoin and Ethereum Via Coinbase checkout.

Direct Bank transfer: Transfer directly in Euros or NOK to our Bank account.

Categories: General, Orders, Payment

Cloud Mining is the process of mining utilizing a remote datacenter with shared processing power often contracted through a Cloud Mining company in our case Evolution is the Cloud mining company.

This type of mining allows users to mine Bitcoins without having to manage their own hardware. Since Cloud Mining is provided as a service and due to Evolutions revolutionary technology we allow all our customers to participate in the upside compared to competing companies using technologically inferior hardware.

Categories: General, Mining, Technical

Terahash is the unit used to measure speed of the mining hardware mining cryptocurrencies. It is specified in hashes per second. Where one hash is basically one calculation of the Algorithm. 1 MH/s is One Megahash (Million) hashes per second. One GH/s is billion hashes per second or 1000 Megahashes. 1 TH/s is 1 million Megahashes per second.  1 PH/s is 1000 TH/s and so on.

one hash  = 1 hash of the cryptocurrency Algorithm. In our case SHA-256 Algorithm.

Kilohash/s = 1.000 hashes calculated per second.

Megahash = 1.000.000

Gigahash = 1.000.000.000

Terahash = 1.000.000.000.000

Petahash = 1.000.000.000.000.000  A single of our miners mines bitcoins at 4 PH/s.

Exahash  = 1.000.000.000.000.000.000

Global total for Bitcoin mining at time of writing is approx. 40 EH/s.

Categories: General, Mining, Technical

Evolution Global AS is a Norwegian LLC registered in Norwegian Companies registry. with registration number 920800793

CEO is Erik Solberg a Norwegian entrepreneur that started with Bitcoin mining in Late 2009, and have a background from several other startups. Read more about his background here:

https://www.linkedin.com/in/erik-solberg-65557115/

You can look it up yourself at the Norwegian company registry at this link.

https://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=920800793

Evolution Globals majority shareholder is Solguille Invest AS.

Category: General

We charge no pool-fees! all coins the pool earn (Mining reward + Transaction fee allocation) are split proportionally

among our pool members based on their hashrate share.

When comparing us to other vendors please do look for this often hidden fee. Which is 1-2% of all your mining proceeds and quickly adds up to a large amount over a period of 5 years.

Categories: General, Mining, Orders

The amount of bitcoins that 1 TH/s can mine every day depends on many factors.

  1. Total amount of hashrate in the world.
  2. Price of bitcoin that drives the total hashrate. (if price is too low and complexitiy too high miners will shut off their hardware and complexity goes down.)

As a general rule of thumb at the current block reward of 12,5 BTC per Block (every 10 Minutes) the entire world can only mine 1800 BTC per 24 hour period. (this number varies a bit as hashrate goes up or down.

You can for instance check out www.whattomine.com choose ASIC and under SHA-256 enter the amount of hashrate in GH so 1 TH would be 1000. Set price and energy to 0 (since our contracts are all inclusive) and you can easily see how many Bitcoins you can produce at any given time. Numbers are in real time and this changes slightly every hour/day/minute.

Categories: General, Mining, Technical

To start mining simply buy a cloud mining contract from us. You don’t need any hardware to do cloud mining. The whole point of cloud mining is that we do all the mining for you and give you the profits.

Categories: General, Mining, Orders

After buying hashrate with us you simply need to sit down and wait a while.

Mining is expected to start around May 2019.

Once mining starts you will be notified via the email you registered when you placed your order. Make sure you keep this email updated at all times.

You will be notified via email about mining startup and will then be required to register your wallet address (BTC, BCH) or other currencies we will support.

Once this is done sit down and relax and see the bitcoins coming in to your wallet on a regular basis. We will do all the hard work for you.

In principle you can add multiple purchases to your account later. We only plan to sell limited capacity to the public. We expect to be sold out shortly and do not plan to re-open sale to the public as our focus when expanding will be on professional investors buying large volume capacity.

Categories: General, Mining, Orders, Payment

Mining (11)

When we start our mining operation you are likely to get more bitcoins for your money, and less risk due to the following reasons:

1. Based on the current hashrate and bitcoin price (Jan 1 2019) the cloud mining contract equals to buying Bitcoin at a significant discount to the Bitcoin price. Although this may vary due to changes in the hashrate, a cloud mining contract will  historically give you more bitcoin each month, than what you had received for the same amount of money buying bitcoin directly in the market.
2. A cloud mining contact give you the possibility to build yourself a monthly cash flow, rather than having to speculate on timing in such a volatile market as the bitcoin price.
3. If the Bitcoin price falls, the global hashrate also falls, giving you more bitcoin each month making up for much of the price risk associated with bitcoin.
4. It is very difficult to safely buy a large amount of bitcoin in the market due to the maximum purchase cap at the bitcoin exchanges. A cloud mining contract is often the only way of safely getting a large amount of bitcoin for your money, and for institutional funds and investors to diversify into bitcoin.
5. A cloud mining contract gives you freshly mined virgin bitcoins that is often valued more than circulated bitcoin due to the 100% certainty they have not been used for any illegal activities. The only way to receive real virgin bitcoins is through mining or buying the miners wallet directly.
6. A cloud mining contract gives you the possibility to mine other SHA-256 algorithms and crypto currencies if they become more valuable or profitable than Bitcoin in the future, making diversification possible and eliminating much of the risk associated with just buying one type of cryptocurrency.

If Evolution Global new chip is working as the tests are showing it is likely to do, we expect to be the mining operation with the lowest break-even price of any mining operation in the world today. This means we are likely to continue to mine also at low bitcoin prices, even when our competitors have to shut down their operation due to their higher costs.

Categories: General, Mining, Orders, Payment

We have a new groundbreaking technology that reduces electricity cost by over 80% compared to miners using the industry standard Antminer S9, that gives you a lower cost and higher profit on your investment. Since we can mine with less power we pass that saving over to our customers, and since we can stay profitable and mine even at lower BTC prices the risk is far lower for us having to shut down our operation. In addition by mining in our pool we pay out 100% of the block reward and fees mined to our customers. That’s right you can mine with 0% pool fees for the entire duration of your contract.

Mining is shcheduled to start by end May.
In the event of delay, then for every day delayed start the contract termination date will be extended with one day. So total time of mining stays the same. In the event of shutdown or power failure for over 1 day mining will be extended with the same period.

Categories: General, Mining

Cloud Mining is the process of mining utilizing a remote datacenter with shared processing power often contracted through a Cloud Mining company in our case Evolution is the Cloud mining company.

This type of mining allows users to mine Bitcoins without having to manage their own hardware. Since Cloud Mining is provided as a service and due to Evolutions revolutionary technology we allow all our customers to participate in the upside compared to competing companies using technologically inferior hardware.

Categories: General, Mining, Technical

Terahash is the unit used to measure speed of the mining hardware mining cryptocurrencies. It is specified in hashes per second. Where one hash is basically one calculation of the Algorithm. 1 MH/s is One Megahash (Million) hashes per second. One GH/s is billion hashes per second or 1000 Megahashes. 1 TH/s is 1 million Megahashes per second.  1 PH/s is 1000 TH/s and so on.

one hash  = 1 hash of the cryptocurrency Algorithm. In our case SHA-256 Algorithm.

Kilohash/s = 1.000 hashes calculated per second.

Megahash = 1.000.000

Gigahash = 1.000.000.000

Terahash = 1.000.000.000.000

Petahash = 1.000.000.000.000.000  A single of our miners mines bitcoins at 4 PH/s.

Exahash  = 1.000.000.000.000.000.000

Global total for Bitcoin mining at time of writing is approx. 40 EH/s.

Categories: General, Mining, Technical

We charge no pool-fees! all coins the pool earn (Mining reward + Transaction fee allocation) are split proportionally

among our pool members based on their hashrate share.

When comparing us to other vendors please do look for this often hidden fee. Which is 1-2% of all your mining proceeds and quickly adds up to a large amount over a period of 5 years.

Categories: General, Mining, Orders

The amount of bitcoins that 1 TH/s can mine every day depends on many factors.

  1. Total amount of hashrate in the world.
  2. Price of bitcoin that drives the total hashrate. (if price is too low and complexitiy too high miners will shut off their hardware and complexity goes down.)

As a general rule of thumb at the current block reward of 12,5 BTC per Block (every 10 Minutes) the entire world can only mine 1800 BTC per 24 hour period. (this number varies a bit as hashrate goes up or down.

You can for instance check out www.whattomine.com choose ASIC and under SHA-256 enter the amount of hashrate in GH so 1 TH would be 1000. Set price and energy to 0 (since our contracts are all inclusive) and you can easily see how many Bitcoins you can produce at any given time. Numbers are in real time and this changes slightly every hour/day/minute.

Categories: General, Mining, Technical

To start mining simply buy a cloud mining contract from us. You don’t need any hardware to do cloud mining. The whole point of cloud mining is that we do all the mining for you and give you the profits.

Categories: General, Mining, Orders

After buying hashrate with us you simply need to sit down and wait a while.

Mining is expected to start around May 2019.

Once mining starts you will be notified via the email you registered when you placed your order. Make sure you keep this email updated at all times.

You will be notified via email about mining startup and will then be required to register your wallet address (BTC, BCH) or other currencies we will support.

Once this is done sit down and relax and see the bitcoins coming in to your wallet on a regular basis. We will do all the hard work for you.

The alternative to cloud-mining is to buy, install and operate your own miner equipment from a vendor abroad. To most the alternative is to buy hosting (includes maintenance and operations) from a Hosting provider. The drop in BTC price in 4Q 2018 brought several hosting sites to bankruptcy. It may happen again. The challenge is to find a Hosting site with competitive price but with a profitability to still be there in 3 years time regardless of BTC price. With our technology and pre paid contracts we will be there until the end of the agreements.

Category: Mining

In principle you can add multiple purchases to your account later. We only plan to sell limited capacity to the public. We expect to be sold out shortly and do not plan to re-open sale to the public as our focus when expanding will be on professional investors buying large volume capacity.

Categories: General, Mining, Orders, Payment

Orders (7)

When we start our mining operation you are likely to get more bitcoins for your money, and less risk due to the following reasons:

1. Based on the current hashrate and bitcoin price (Jan 1 2019) the cloud mining contract equals to buying Bitcoin at a significant discount to the Bitcoin price. Although this may vary due to changes in the hashrate, a cloud mining contract will  historically give you more bitcoin each month, than what you had received for the same amount of money buying bitcoin directly in the market.
2. A cloud mining contact give you the possibility to build yourself a monthly cash flow, rather than having to speculate on timing in such a volatile market as the bitcoin price.
3. If the Bitcoin price falls, the global hashrate also falls, giving you more bitcoin each month making up for much of the price risk associated with bitcoin.
4. It is very difficult to safely buy a large amount of bitcoin in the market due to the maximum purchase cap at the bitcoin exchanges. A cloud mining contract is often the only way of safely getting a large amount of bitcoin for your money, and for institutional funds and investors to diversify into bitcoin.
5. A cloud mining contract gives you freshly mined virgin bitcoins that is often valued more than circulated bitcoin due to the 100% certainty they have not been used for any illegal activities. The only way to receive real virgin bitcoins is through mining or buying the miners wallet directly.
6. A cloud mining contract gives you the possibility to mine other SHA-256 algorithms and crypto currencies if they become more valuable or profitable than Bitcoin in the future, making diversification possible and eliminating much of the risk associated with just buying one type of cryptocurrency.

If Evolution Global new chip is working as the tests are showing it is likely to do, we expect to be the mining operation with the lowest break-even price of any mining operation in the world today. This means we are likely to continue to mine also at low bitcoin prices, even when our competitors have to shut down their operation due to their higher costs.

Categories: General, Mining, Orders, Payment

By prepaying for electricity and all costs on a long term perspective it gives us stability to guarantee service in the years to come. In a industry where too many contracts are dependent on maintenance fees to be paid from the rewards every day. There is a added risk that operations will cease if there is a temporary downward trend in pricing or rapidly increased complexity.  We will continue mining regardless of the future price development of BTC. As we see a future where prices again will increase radically.

Categories: General, Orders, Payment

Currently we accept the following payment types.

Credit cards via Paypal Checkout or Stripe Checkout

Cryptocurrencies: Bitcoin and Ethereum Via Coinbase checkout.

Direct Bank transfer: Transfer directly in Euros or NOK to our Bank account.

Categories: General, Orders, Payment

We charge no pool-fees! all coins the pool earn (Mining reward + Transaction fee allocation) are split proportionally

among our pool members based on their hashrate share.

When comparing us to other vendors please do look for this often hidden fee. Which is 1-2% of all your mining proceeds and quickly adds up to a large amount over a period of 5 years.

Categories: General, Mining, Orders

To start mining simply buy a cloud mining contract from us. You don’t need any hardware to do cloud mining. The whole point of cloud mining is that we do all the mining for you and give you the profits.

Categories: General, Mining, Orders

After buying hashrate with us you simply need to sit down and wait a while.

Mining is expected to start around May 2019.

Once mining starts you will be notified via the email you registered when you placed your order. Make sure you keep this email updated at all times.

You will be notified via email about mining startup and will then be required to register your wallet address (BTC, BCH) or other currencies we will support.

Once this is done sit down and relax and see the bitcoins coming in to your wallet on a regular basis. We will do all the hard work for you.

In principle you can add multiple purchases to your account later. We only plan to sell limited capacity to the public. We expect to be sold out shortly and do not plan to re-open sale to the public as our focus when expanding will be on professional investors buying large volume capacity.

Categories: General, Mining, Orders, Payment

Payment (7)

When we start our mining operation you are likely to get more bitcoins for your money, and less risk due to the following reasons:

1. Based on the current hashrate and bitcoin price (Jan 1 2019) the cloud mining contract equals to buying Bitcoin at a significant discount to the Bitcoin price. Although this may vary due to changes in the hashrate, a cloud mining contract will  historically give you more bitcoin each month, than what you had received for the same amount of money buying bitcoin directly in the market.
2. A cloud mining contact give you the possibility to build yourself a monthly cash flow, rather than having to speculate on timing in such a volatile market as the bitcoin price.
3. If the Bitcoin price falls, the global hashrate also falls, giving you more bitcoin each month making up for much of the price risk associated with bitcoin.
4. It is very difficult to safely buy a large amount of bitcoin in the market due to the maximum purchase cap at the bitcoin exchanges. A cloud mining contract is often the only way of safely getting a large amount of bitcoin for your money, and for institutional funds and investors to diversify into bitcoin.
5. A cloud mining contract gives you freshly mined virgin bitcoins that is often valued more than circulated bitcoin due to the 100% certainty they have not been used for any illegal activities. The only way to receive real virgin bitcoins is through mining or buying the miners wallet directly.
6. A cloud mining contract gives you the possibility to mine other SHA-256 algorithms and crypto currencies if they become more valuable or profitable than Bitcoin in the future, making diversification possible and eliminating much of the risk associated with just buying one type of cryptocurrency.

If Evolution Global new chip is working as the tests are showing it is likely to do, we expect to be the mining operation with the lowest break-even price of any mining operation in the world today. This means we are likely to continue to mine also at low bitcoin prices, even when our competitors have to shut down their operation due to their higher costs.

Categories: General, Mining, Orders, Payment

By prepaying for electricity and all costs on a long term perspective it gives us stability to guarantee service in the years to come. In a industry where too many contracts are dependent on maintenance fees to be paid from the rewards every day. There is a added risk that operations will cease if there is a temporary downward trend in pricing or rapidly increased complexity.  We will continue mining regardless of the future price development of BTC. As we see a future where prices again will increase radically.

Categories: General, Orders, Payment

We have a new groundbreaking technology that reduces electricity cost by over 80% compared to miners using the industry standard Antminer S9, that gives you a lower cost and higher profit on your investment. Since we can mine with less power we pass that saving over to our customers, and since we can stay profitable and mine even at lower BTC prices the risk is far lower for us having to shut down our operation. In addition by mining in our pool we pay out 100% of the block reward and fees mined to our customers. That’s right you can mine with 0% pool fees for the entire duration of your contract.

Once mining start you will register your own user account on our mining pages. Here you will define your external cryptocurrency/Bitcoin wallet where you want your mined coins to be transferred to. Be aware that for each transfer to your external wallet there will be a small transaction fee (controlled by the Bitcoin network) so we recommend you only transfer on a weekly or monthly basis or whenever your balance is 1 BTC or higher. otherwise if you have a low hashrate and choose transfers on a daily basis a considerable percentage of your rewards will be deducted as transaction fees. If you have large hashrates then Daily rewards will be of a significant size allowing you to withdraw on a daily basis.

Categories: General, Payment, Technical

Currently we accept the following payment types.

Credit cards via Paypal Checkout or Stripe Checkout

Cryptocurrencies: Bitcoin and Ethereum Via Coinbase checkout.

Direct Bank transfer: Transfer directly in Euros or NOK to our Bank account.

Categories: General, Orders, Payment

After buying hashrate with us you simply need to sit down and wait a while.

Mining is expected to start around May 2019.

Once mining starts you will be notified via the email you registered when you placed your order. Make sure you keep this email updated at all times.

You will be notified via email about mining startup and will then be required to register your wallet address (BTC, BCH) or other currencies we will support.

Once this is done sit down and relax and see the bitcoins coming in to your wallet on a regular basis. We will do all the hard work for you.

In principle you can add multiple purchases to your account later. We only plan to sell limited capacity to the public. We expect to be sold out shortly and do not plan to re-open sale to the public as our focus when expanding will be on professional investors buying large volume capacity.

Categories: General, Mining, Orders, Payment

Technical (8)

We have a new groundbreaking technology that reduces electricity cost by over 80% compared to miners using the industry standard Antminer S9, that gives you a lower cost and higher profit on your investment. Since we can mine with less power we pass that saving over to our customers, and since we can stay profitable and mine even at lower BTC prices the risk is far lower for us having to shut down our operation. In addition by mining in our pool we pay out 100% of the block reward and fees mined to our customers. That’s right you can mine with 0% pool fees for the entire duration of your contract.

Once mining start you will register your own user account on our mining pages. Here you will define your external cryptocurrency/Bitcoin wallet where you want your mined coins to be transferred to. Be aware that for each transfer to your external wallet there will be a small transaction fee (controlled by the Bitcoin network) so we recommend you only transfer on a weekly or monthly basis or whenever your balance is 1 BTC or higher. otherwise if you have a low hashrate and choose transfers on a daily basis a considerable percentage of your rewards will be deducted as transaction fees. If you have large hashrates then Daily rewards will be of a significant size allowing you to withdraw on a daily basis.

Categories: General, Payment, Technical

SHA-256 is a member of the SHA-2 cryptographic hash functions designed by the NSA. SHA stands for Secure Hash Algorithm. Cryptographic hash functions are mathematical operations run on digital data; by comparing the computed “hash” (the output from execution of the algorithm) to a known and expected hash value, a person can determine the data’s integrity. A one-way hash can be generated from any piece of data, but the data cannot be generated from the hash.
SHA-256 is used in several different parts of the Bitcoin network:
Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.

Category: Technical

Cloud Mining is the process of mining utilizing a remote datacenter with shared processing power often contracted through a Cloud Mining company in our case Evolution is the Cloud mining company.

This type of mining allows users to mine Bitcoins without having to manage their own hardware. Since Cloud Mining is provided as a service and due to Evolutions revolutionary technology we allow all our customers to participate in the upside compared to competing companies using technologically inferior hardware.

Categories: General, Mining, Technical

Terahash is the unit used to measure speed of the mining hardware mining cryptocurrencies. It is specified in hashes per second. Where one hash is basically one calculation of the Algorithm. 1 MH/s is One Megahash (Million) hashes per second. One GH/s is billion hashes per second or 1000 Megahashes. 1 TH/s is 1 million Megahashes per second.  1 PH/s is 1000 TH/s and so on.

one hash  = 1 hash of the cryptocurrency Algorithm. In our case SHA-256 Algorithm.

Kilohash/s = 1.000 hashes calculated per second.

Megahash = 1.000.000

Gigahash = 1.000.000.000

Terahash = 1.000.000.000.000

Petahash = 1.000.000.000.000.000  A single of our miners mines bitcoins at 4 PH/s.

Exahash  = 1.000.000.000.000.000.000

Global total for Bitcoin mining at time of writing is approx. 40 EH/s.

Categories: General, Mining, Technical

Bitcoin is a decentralized digital currency created by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. It does not rely on a central server to process transactions or store funds. There are a maximum of 2,099,999,997,690,000 Bitcoin elements (called Satoshis, the unit has been named in collective homage to the original creator), which are currently most commonly measured in units of 100,000,000 known as BTC. There will only ever be 21 million Bitcoin (BTC) to ever be created.
As of January 2018, it is the most widely used alternative currency,[1][2] now with the total market cap around 250 billion US dollars.
Bitcoin has no central issuer; instead, the peer-to-peer network regulates Bitcoins, transactions and issuance according to consensus in network software. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.
Bitcoins are issued to various nodes that verify transactions through computing power; it is established that there will be a limited and scheduled release of no more than 21 million BTC worth of coins, which will be fully issued by the year 2140.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted Bitcoin as payment. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using Bitcoin.
Internationally, Bitcoins can be exchanged and managed through various websites and software along with physical banknotes and coins.[

Category: Technical

The amount of bitcoins that 1 TH/s can mine every day depends on many factors.

  1. Total amount of hashrate in the world.
  2. Price of bitcoin that drives the total hashrate. (if price is too low and complexitiy too high miners will shut off their hardware and complexity goes down.)

As a general rule of thumb at the current block reward of 12,5 BTC per Block (every 10 Minutes) the entire world can only mine 1800 BTC per 24 hour period. (this number varies a bit as hashrate goes up or down.

You can for instance check out www.whattomine.com choose ASIC and under SHA-256 enter the amount of hashrate in GH so 1 TH would be 1000. Set price and energy to 0 (since our contracts are all inclusive) and you can easily see how many Bitcoins you can produce at any given time. Numbers are in real time and this changes slightly every hour/day/minute.

Categories: General, Mining, Technical

After buying hashrate with us you simply need to sit down and wait a while.

Mining is expected to start around May 2019.

Once mining starts you will be notified via the email you registered when you placed your order. Make sure you keep this email updated at all times.

You will be notified via email about mining startup and will then be required to register your wallet address (BTC, BCH) or other currencies we will support.

Once this is done sit down and relax and see the bitcoins coming in to your wallet on a regular basis. We will do all the hard work for you.

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