How to Easily Mine the Best Cryptocurrencies with StakeAdvisors

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Unless you’ve been living under a rock, you know that the free world is moving full-steam ahead towards cryptocurrencies. It’s exciting, perhaps frightening, and for most, an incredibly confusing financial instrument they don’t fully understand.

But one thing is for sure: crypto is the future. So naturally, entrepreneurs, investors, and eager everyday learners are asking the most important question right now: how do you make money on cryptocurrencies?

Two words: crypto mining.

Like cash, credit cards, or checks, cryptocurrencies (ex. Bitcoin) are an alternative form of payment that is digital. Using cryptography (complex math formulas) and blockchain technology, crypto is a more secure, decentralized, and anonymous medium for financial transactions.

What is crypto mining anyway?

“Mining” is how new Bitcoin and other cryptocurrencies are created. It’s essentially the process of a digital miner solving complex math problems to verify transactions to the blockchain and add another block, in exchange for a hefty crypto check (worth hundreds of thousands of dollars).

Think of the crypto blockchain like a public ledger, which is an ever-expanding list of transaction records called blocks. Each block contains details about who made transactions, and when. But unlike a private ledger that you could erase or add to at any time, the blockchain is public, so it’s impossible to tamper with transaction records.

So what is crypto staking?

If crypto mining is the process of a computer solving complex math problems, then staking is when you own cryptocurrency and let your PC mine for coins without having to solve difficult equations. In return, you get a small cut of any transaction fees from users who transfer funds through your wallet address.

For example, if you have 1 Bitcoin and you stake it to a network that charges 1%, then every time someone sends a transaction of say 0.01 BTC, you would get 0.001 BTC as a fee.

The problem with crypto mining for most people

Crypto mining is the lifeline for all cryptocurrency transactions happening in the world right now—and miners are making insane amounts of cash.

But there’s a catch: crypto mining demands high-end, expensive equipment, extensive knowledge and experience, and insane amounts of energy—all things the everyday investor doesn’t have access to.

Enter cloud mining & StakeAdvisors

Then came cloud mining. Where regular cryptocurrency mining is filled with expensive equipment, loud noises, high energy bills, and extensive knowledge/skill-sets needed to run things properly—cloud mining takes the hard work out of crypto mining.

With cloud mining companies like StakeAdvisors, you’re not giving an arm and a leg for specialized equipment to keep running. You’re simply renting hashing power from a data center that’s already set up and operational. They give you the computer power, and you fill your bank account. Simple as that.

Plus, StakeAdvisors is one of the few cloud mining companies with a long track record of paying out their customers on time, every time.

Make money with StakeAdvisors

So if you’re looking for a simple, safe, and profitable way to get into the cryptocurrency world, cloud mining with StakeAdvisors is your best bet. Perhaps you’ll soon join the people making serious dough through crypto mining.

You can transfer returns to your personal bank or convert them further to make future investments. Mining made easy, now the ball is in your court.

About Gary McFarlane PRO INVESTOR

Gary was the production editor for 15 years at highly regarded UK investment magazine Money Observer. He covered subjects as diverse as social trading and fixed income exchange traded funds. Gary initiated coverage of bitcoin and cryptocurrencies at Money Observer and for three years to July 2020 was the cryptocurrency analyst at the UK's No. 2 investment platform Interactive Investor. In that role he provided expert commentary to a diverse number of newspapers, and other media outlets, including the Daily Telegraph, Evening Standard and the Sun. Gary has also written widely on cryptocurrencies for various industry publications, such as Coin Desk and The FinTech Times, City AM, Ethereum World News, and InsideBitcoins. Gary is the winner of Cryptocurrency Writer of the Year in the 2018 ADVFN International Awards.