London, UK – April 18, 2024 – Simpleminers, established in June 2019 and headquartered in London, offers a cloud-based solution for individuals interested in Bitcoin mining without the need to invest in traditional, costly mining equipment. This approach allows users, particularly beginners, to engage with cryptocurrency mining more directly and with less overhead.
Traditional cryptocurrency mining involves significant barriers to entry, including the need for advanced hardware and a substantial power supply, which also leads to higher operational costs and maintenance demands. Simpleminers provides an alternative by offering cloud-based mining, which does not require users to purchase or maintain any mining hardware. This model is aimed at reducing the technical challenges and financial burdens typically associated with Bitcoin mining.
As of now, Simpleminers has attracted over 1.5 million members globally and supports an extensive portion of Bitcoin mining activities. The company is responsible for about 3.5% of the world’s Bitcoin mining computing power, indicating a significant footprint in the mining industry.
Process of Joining Simpleminers
Prospective miners can start by registering on the Simpleminers website, which is designed to facilitate user engagement and ease of use. After registration, users can navigate through various options on the dashboard, which includes monitoring their activities and managing their mining investments.
Simpleminers offers several contract options, allowing users to engage at different levels depending on their interests and capabilities:
- Contracts starting as short as one day with minimal investment requirements.
- Longer-term engagements that potentially offer greater returns based on extended mining periods.
| Contract computing power | Contract cycle | contract price | daily interest rate |
| Free calculation power | 1Day | $10 | 3% |
| Experience computing power | 2Day | $100 | 3% |
| Classic computing power | 3-20Day | $300-$3000 | 1.15%-1.4% |
| Advanced Computing | 21-55Day | $5000 + | 1.5%-2.2% |
These contracts are designed to accommodate a range of preferences, making it feasible for users to start mining without committing to substantial initial investments.
Mining Contracts and Member Benefits
The platform provides a variety of mining contracts:
- Short-term contracts are available for users looking to test the waters with minimal commitment.
- Longer contracts, which range in duration and investment, are structured to cater to those who wish to engage more deeply in mining activities.
Users can benefit from a straightforward entry into mining with a registration bonus, enhancing their initial mining capacity. The platform also allows members to gain additional benefits through referrals and participation in various promotional activities.
Alternative to Traditional Mining
Simpleminers aims to simplify the cryptocurrency mining process. This method is intended to make participation in cryptocurrency markets more feasible for individuals without prior mining experience or access to specialized equipment. The company manages the complexity of mining operations, allowing users to focus on managing their investments and benefits.
The cloud-based approach adopted by Simpleminers eliminates many of the traditional obstacles associated with setting up and running cryptocurrency mining operations, such as equipment costs and maintenance.
For additional details about the mining contracts and to begin the registration process, interested individuals can visit the Simpleminers website or download their mobile application.
About Simpleminers
Simpleminers is a Bitcoin mining company that offers a cloud-based mining solution to individuals globally. Founded in 2019, the company provides an alternative to traditional mining methods by eliminating the need for personal mining equipment. With over 1.5 million members, Simpleminers supports a significant amount of Bitcoin mining activities worldwide, contributing to approximately 3.5% of the global computing power in the sector.
For media inquiries, please contact:
Simpleminers
102 Middleton Road, London, United Kingdom
Email: [email protected]
Website: simpleminers.com
