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    How Does it Work?

    This section of our website explains cloud mining process in detail for everyone interested in cryptocurrency mining. You can learn more about Cryptocurrencys, Mining and our online services from sources listed in Useful Links section.

What is Cloud Mining?

Cloud Mining is the process of cryptocurrency mining utilizing a remote data center with shared processing power. This type of cloud mining enables users to mine Bitcoins or alternative cryptocurrencies without managing the hardware. Users select a desired amount of hashing power and a period of the contract, that's all, rest is up to the cloud mining company. That's why there are several advantages over the normal home-mining.

Advantages of Cloud Mining:

  • Dedicated Space - equipment needed for mining often takes a lot of space and make a lot of noise
  • Equipment Costs - getting mining equipment without bulk preorders can be very expensive plus additional devices, parts, repairs, upgrades etc.
  • Quick Setup - you can be mining cryptocoins in 24 hours time from the moment we receive payment confirmation for your Mining Power
  • Energy Bills - you dont need to worry about unexpected electricity bills with our all included Etherum cloud mining contracts
  • Maintenance - save your time and money on maintenance, hardware upgrades, software updates etc

How to Start Cloud Mining?

Start mining cryptocurrency in 3 easy steps

Rocket Mining is offering few different altcoins to choose from: Etherum, Etherum Classic, Zcash, Monero, Decred and Sia We advise all potential clients to study each one of those blockchain networks before making any kind of financial commitments. We strongly believe that every investment need to be based on facts, knowledge and reasonable predictions. This are our 3 tips to make the best decision:

  • Educate yourself in overall concepts of blockchain technology and cryptocurrency market
  • Do detailed market research on all the altcoins you want to invest in before actual investment
  • Choose one or more coins that have in your opinion biggest potential in the future

You can also take a look at our Useful Links page to quickly find basic info about the altcoins we offer to mine or officially support.

Rocket Mining have 3 pricing plans for each one of the altcoins we offer to mine for our clients. We can obviously offer better prices for clients making bigger commitment, but overall, everybody should find plan to suit their needs. Here are our 3 tips on how to decide how much money you should invest in cloud mining service like ours:

  • Base your investment on your detailed market research and hard facts making reasonable predictions for years not months or weeks
  • Diversify your portfolio with at least 3 different altcoins to minimise risks and maximise chances to make profit
  • Don't sell straight away, try to predict potential profits you comfortable with and keep what you mined till the price is right

Cryptocurrency market is very young and full of traders who wane make daily/weekly profit often buy a lot to sell it in near future. This creates "pump and dump" events that can be very stressful for altcoin holders. Mining cryptocurrency is for people who think about long-term investment and we always advise our clients to look at bigger picture. We believe good long-term investor should always keep considering 1/2/3 years statistics and trends disregarding temporary price corrections.

Rocket Mining clients have access to detailed statistics of their mining profits that includes contract details and all history of their weekly payments. We send mined altcoins to customers private wallets once a week on sunday. We don't exchange or use mined coins to do any kind of operations, our clients get same token we mined for them. You can maximize your profits with these 3 tips for altcoin cloud miners:

  • Right from the start invest long-term and be prepared to hold your mined altcoins for long time
  • Keep stacking your mined altcoins in safe private wallet and don't sell any of them
  • Start considering cashing out only when your coins are close to next all time high price

Cryptocurrency Cloud Mining can be great investment if you comfortable with long term opportunities and following common sense. We also advice to always learn more about the market, trading, equipment, development etc and keep an eye on all news directly affecting your assets.