Cloud mining has been developed as a way to mine cryptocurrency by using rented cloud computing power without having the need to install or directly run any related software or hardware. People can remotely participate in cryptocurrency mining by opening an account and paying a minimal cost. Thus, cloud mining firms have made mining more accessible and profitable for a larger group of people.

Traditionally, mining can be a tedious process that can be expensive and time-consuming for an individual, it is also a difficult area to break into for a novice or beginner without the correct how-know. Cloud mining firms that provide a server that is already set up make the process of cloud mining very easy and open to anyone who wants to become a miner.

SHAMINING is one such platform with the main idea to effectively disparate computing resources appliances and unites potential investors.

What is SHAMINING?

SHAMINING is a cloud mining platform that was created in 2018 and allows anyone to start cryptocurrency mining without the need for any technical skill or knowledge. The company has three data centers around the world in London (UK), San Jose (California, USA), and Capetown (South Africa).

Users on SHAMINING earn profits daily and can start with a minimum deposit of $50. The average profitability starts from 143% and can go up to 156% depending upon the type of miners.

Mining using SHAMINING

The mining process is made easy using SHAMINING, users just need to create an account and verify their identity. After this, they are ready to start renting a miner and make an investment.

Once this is done, users can earn a passive income on their investment and also monitor the statistics, they can also withdraw their earnings. The entire registration process is quick and users can rent a miner and start earning almost instantly. Users can also control their miners easily with their mobile phones or desktops.

For users who are new to the experience of cryptocurrency mining, the SHAMINING website also has a ‘Calculate income’ mode which allows them to predict the amount that could be earned using a Bitcoin mining contract.

Types of miners and profitability

SHAMINING lets users start mining easily by just choosing their preferred contract. They can choose from:

  • CPU miners: The CPU miners have a power of 23,580 GH/s (Gigahash per second a measure of a computer’s or miner’s computing power) and the price of 1 GH/s is $0.0120 with a 143% profitability.
  • GPU miners: GPU miners have a power of 94,340 GH/s and is priced at $0.0113 with a profitability rate of 149%.
  • ASIC miners: ASIC miners are powered at 235,849 GH/s with a price of $0.0109 and offering profitability of 156%.
  • Individual mining contract: SHAMINING also offers the chance to order an individual contract that can cater to the unique requirements of a user. The duration of a contract is one year and it has a power of 471,700 GH/s. It can be ordered by contacting customer support with a request.

Security regulations

SHAMINING follows FCA (Financial Conduct Authority) regulation and also operates under CySEC (Cyprus Securities and Exchange Commission) and ASIC (Australian Securities and Investments Commission). The FCA regulates financial services, firms, and markets for the fair treatment of consumers.

The CySEC on the other hand is a regulatory body for the financial industry in Cyprus and aims to exercise effective supervision and make sure that investor protection and prosperous development of the securities market takes place.

The ASIC is responsible for monitoring financial services and ensuring fair, honest, and efficient operations through its licensing system.

Withdrawals and customer support

SHAMINING provides instant withdrawal options and both deposits and withdrawals are supported using Visa, MasterCard, Bitcoin, Qiwi, and Bank wire transfer. The minimum withdrawal amount is set to $10.

The website has an active customer support team which is available 24/7 in English and German. Users facing any issues on the website can contact the support team using the chat option and they would get back as soon as possible. They can also be contacted using email at [email protected].

Conclusion

SHAMINING opens up the possibility of cloud mining for everyone who takes an interest in cryptocurrency and allows them to rent miners and make profits in just 3 simple steps. The ease of setting up an account and the high profits starting from 143% and the chance to choose from CPU, GPU, ASIC, and contract types of miners provide users with a chance to choose what suits their requirements and start earning easily.

For more information check out their website.

Disclaimer: This is a paid post and should not be treated as news/advice.

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