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MIVhash Bitcoin mining been powered by renewable energy, tackling the industries greatest downfall and pulling in Huge Profit!

MIVhash Bitcoin mining been powered by renewable energy, tackling the industries greatest downfall and pulling in Huge Profit!

For Mivhash, a new cloud mining service powered by renewable energy, the last few weeks has been a huge boom. With investors trooping into what has become one of the hottest new services cloud mining service online. So what exactly is it that is making Mivhash so popular? How can potential investors get involved, and what are some options to make a bit of free cash off this new giant in the crypto mining industry?

What is Mivhash?

Mivhash is a new cloud mining service powered by renewable energy that allows investors to invest in bitcoin, Ethereum, Litecoin, Decred, Dash and Zcash contracts with a clear conscious. Knowing they aren’t contributing to fossil fuel emissions that affect the environment this gives Mivhash and their investors a clean mind whilst earning big bucks, from relatively inexpensive mining contracts. Mivhash utilizes 250W solar panels that fuel the entirety of there mining facilities, as well as lease contracts with private wind turbine owners, allowing them to offer clean year-long contracts, with no maintenance or electricity costs attached.

Why choose Mivhash?

With Mivhash contracts selling for as low as $0.50 for 10GH/s, it is hard to overlook such an offer. In a recent interview, Mivhash said they don’t know how long they will be able to sustain such low contract prices, but encourages those that are wanting to get involved in their highly profitable company to jump in quick. And with contracts selling as quickly as over $100,000 a day, it might not be long before they are all sold out.

How do I get started?

To start investing in MIvhash cloud mining, first, navigate to their website. From there, users can create an account and deposit the currency of their choice into the available contracts. From there the users newly leased miners will instantly start mining on the exact moment when a purchase is confirmed. Mivhash payouts are been made on a daily basis to its investors, sending payouts directly into their Mivhash account to either be reinvested or withdrawn upon reaching the minimum limit before withdrawal.

What other options do investors have?

Mivhash also offers a highly lucrative bounty program, encouraging users to share, promote and garner referrals on the platform. For those who have large cryptocurrency based followings, friends, colleague and family, you can earn 10% of initial investment of your affiliate by simply sharing your affiliate link with them through social media or any other means,Mivhash is offering a $2500 contract to 10 lucky individuals whose affiliate investor base is up to  $100,000 investment through their affiliate link.

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Contact Name: Charles Mandy

The post MIVhash Bitcoin mining been powered by renewable energy, tackling the industries greatest downfall and pulling in Huge Profit! appeared first on AMBCrypto.

Published at Mon, 01 Apr 2019 17:48:04 +0000

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Russia to Issue First State-Backed Cryptocurrency ‘CryptoRuble’

Russia has announced plans to launch a nationalized cryptocurrency called CryptoRuble, citing competitive advantage by being the first of its kind in Europe, and as state-controlled digital money in the light of an increasingly digital economy.


Russia has announced, via communications Minister Nikolay Nikiforov, that the country will begin experimenting with a nationalized cryptocurrency. Exact facts are scarce, and most of the information comes directly from quotes from Nikiforov, although it is believed that once the CryptoRuble is introduced, all other cryptocurrency mining for coins such as bitcoin will be banned. That Russia is taking these steps indicate a pressing need for governments to somehow financially oversea and realize returns from the digital economy.

After a recent closed-door meeting, Nikiforov stated:

I am so confident to declare that we will run CryptoRuble just for one simple reason: if we don’t, our neighbors in the Eurasian Economic Community will do it in a couple of months.

A Taxable Currency

The Russian government has made it clear that if a CryptoRuble owner cannot account for where they got it, they will be subject to a 13% tax. The online economy has made it difficult and a concern for governments to collect taxes on an increasing digital sales industry.

When buying and selling a CryptoRuble, the rate will be 13 percent from the earned difference. If the owner cannot explain the reason for the appearance of his CryptoRubles, when converting them into Russian rubles, the tax for him will be 13 percent of the total, Nikiforov said.

Online Reception

Online reception to the news has been mixed, with some claiming that it is simply “digital fiat” as opposed to a true cryptocurrency. Others see it as a shrewd move, capitalizing on what could become a trend for the rest of Europe.

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Reddit user JeremyBF commented:

Wow, is there a legit source for this? I expect all governments to eventually do this, but this fast, awesome. This is actually great for bitcoin. Let the governments educate the people on the advantages of cryptocurrencies, the learning curve into bitcoin is then nearly complete!

The Russian move seems as much a response to engaging with the digital economy as it does to countering any competitive threat bitcoin might pose.

In the words of Nikiforov:

This mustn’t be a private currency, but the one, which is issued by the state, controlled by the state and enable to provide circulation of digital money in light of the digital economy.

Could a nationalized, centralized, government-controlled cryptocurrency work? Let us know what you think in the comments below.


Images Courtesy of Pexels, Wikimedia Commons

The post Russia to Issue First State-Backed Cryptocurrency ‘CryptoRuble’ appeared first on Bitcoinist.com.