Do I need to do something after buying hashrate.

Cloud Mining Chip

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 […]

Why do I earn more with Evolution than others.

Cloud Mining Chip

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 […]

When are Bitcoins transferred to Customers

Cloud Mining Chip

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 […]

What is Cloud Mining.

Cloud Mining Chip

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 […]

How many bitcoins can I mine every day

Cloud Mining Chip

The amount of bitcoins that 1 TH/s can mine every day depends on many factors. Total amount of hashrate in the world. 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 […]

What is a Bitcoin

Cloud Mining Chip

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 […]

What is SHA-256

Cloud Mining Chip

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 […]

What is a Terahash (TH/s)

Cloud Mining Chip

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 […]