FREQUENTLY ASKED QUESTIONS ABOUT MININGWE
How to register your account on MININGWE
You need a bitcoin wallet to register and login and PIN You choose 4 random numbers
How many accounts are created by 1 person
We allow 1 person to have 2 accounts on MININGWE
What is MININGWE?
MININGWE is Cloud Mining platform, which is transforming global crypto mining industry by building Shared Managed Mining Farm. We at MININGWE aims to be the world's leader in cloud mining by utilising the most dynamic Mining Pools and focusing on the best paying cryptocurrencies.
What is Cryptocurrency?
A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency and arguably its most endearing allure is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.
What is Mining?
The cryptocurrency mining involves two functions: releasing new coins into the system as a reward, and verifying and adding transactions to the Blockchain, a public ledger.
What is mining pool?
A Mining pool is the pooling of resources by miners, which is a group of miners working together to increase their chances of finding a block at the group level, compared to that at the individual level. Through such pools, miners combine their computational resources with those of the other members, which enhances their joint processing power, and helps to achieve the desired output faster.
What is Cloud Mining?
Cloud Mining is the process of Cryptocurrency mining utilizing a remote datacenter with shared processing power. This type of cloud mining enables users to mine cryptocurrencies without managing the hardware.
How cloud mining works?
In general, there are three forms of remote mining available at the moment:
Lease a mining machine that is hosted by the provider.
How to get Bitcoin with MININGWE?
You need to upgrade your plan to increase your profit every day
How to upgrade the plan package
Click upgrade plan then wallet will appear. You just transfer the corresponding BTC number.
How long is the upgrade contract?
- Upgrade package, contract is 180 days.
How does the Affiliate Program work?
MININGWE Bitcoin Cloud Mining offers a Affiliate Program to increase your earnings. Each registered user of your referral link automatically becomes a affiliate. You will receive up to 10% Referral Bonus for every purchase made by any of your affiliates, excluding reinvest purchases. The bonus will be automatically added to your account balance in Bitcoin shortly after the purchase confirmation. For more information, please check in your personal account (Dashboard › Affiliate).
When can you withdraw bitcoin?
When your balance is 0.005 Bitcoin.
Virtually hosted mining
Create a (general purpose) virtual private server and install your own mining software.
Leased hashing power
Lease an amount of hashing power, without having a dedicated physical or virtual computer. (This is, by far, the most popular method of cloud mining.)
Where are Datacenters Located?
MININGWE maintain third-party Mining Farms around the world, making cryptocurrency mining easier and more profitable. For security reasons, we do not disclose the exact location as some of you know that with partnership Bitmain Technology LTD. are based in China, U.S.A and Canada.
How do I get my Referral Link?
You can get the referral link in your personal account (Dashboard › Affiliate).
How does the Partner Program work?
MININGWE Bitcoin Clou Mining offers a Partner Program to increase your earnings. Do you have a YouTube Channel? Would you like to be our Partner? We are offering a Partnership Bonus with 500 GH/s. For more information, please check in your personal account (Dashboard › Affiliate).
What is the estimated profitability?
Mining outputs are variable, calculated automatically and determined by three factors: the mining difficulty, the Bitcoin vs USD exchange rates, and the maintenance fees. Check out the profitability estimate on our Calculator.
What is Reinvest? How do I use it?
Reinvest function allows you to purchase additional hashpower as soon as your balance allows it. You can reinvest in your personal account (Dashboard › Reinvest section).
How long does the contract last?
Mining contracts last for 1 year (360 days) and automatically closed after this period.