Second Step : Cloud Mining

Cloud Mining is the process of bitcoin mining utilizing a remote data center with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative crypto currencies without managing the hardware.

The reason I choose invest at cloud mining is because its cheap enough and not hard to get from First Step. You can start invest only with 10,000 satoshi or 0,000010000 btc that equal to $0,04 if 1 BTC = $4,000.

The only one Cloud mining that I trust is Hashnest.  Hashnest clould mining is part of Bitmain company beside Antpool who provide mining pool. Bitmain are producer of famous mining equipment AntMiner. Hashnest doesnt have referral link (which give benefits to member who promote their site) and also doesnt offer any free hashing power.

After you earn minimum 10,000 satoshi, open Hashnest account, then fund your hashnest wallet. After that, you can buy hashing power from market. You can can choose to mining BTC ( using Antminer S9 ) or mining LTC ( using Antminer L3+). You can buy hashing power as low as 1 GHS to mining BTC (around 8k satoshi when I write this blog) or 1 MHS to mining LTC (price around 0.2 LTC when I write this blog). My profit so far from Antminer S9 is around 6% monthly, while Antminer L3+ giving me profits around 12% per month. But I calculate profit are base from coins to coins, not coins to USD, because BTC and LTC price are fluctuated. Also please remember that hash power price are also fluctuated.

At this Second Step, you should keep reinvest earning from your First Step, also keep reinvest earning you get from this cloud mining. Your target is earn at least 1 MHS and 100K satoshi (0,001 BTC or around $4 when 1 BTC = $4000) per day. Target 1 MHS per day is to keep your cloud mining increase, while target 100k satoshi per day is because minimum trading 1 coin at Bittrex.com are 50k satoshi, means you can do 2 trade using 50k satoshi/trade.

After you reach 1 MHS per day plus 100,000 satoshi (0,001 BTC / day) you can continue to Third Step : Trading Crypto Coins


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