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'''Pyramining''' is a Bitcoin Mining Farm that lets you borrow hashing power to mine for Bitcoins. You can mine Bitcoins without having to setting up a mining rig. All you have to do is join and send some Bitcoins to start. Once your account is active, miners will keep working for you until you are fully rewarded. A referral system is used to increase total system hashrate and revenues.
[http://www.pyramining.com/ Pyramining] is a [https://www.bitcoinmining.com/best-bitcoin-cloud-mining-contract-reviews/ bitcoin mining contractor] that lets you borrow hashing power to mine for bitcoins '''without having to buy, set up and maintain your equipment'''. You join by sending some bitcoins through a referral link, and are rewarded with at least 10% return on your investiment. Once your account is active, miners will keep working for you until you are fully rewarded.  Currently receiving a full reward on your investment will take about 24 months. A referral system is used to allow a more rapid increase in total system hashrate and revenues.


== How does it work? ==
== How does it work? ==


Join through a referral link.  Active referral links can be found on the Pyramining twitter feed: https://twitter.com/Pyramining . Once you have joined, deposit any amount of Bitcoins to the provided address. If you like, you can then invite people to join through your own referrals to increase your rewards.
Join through a referral link.  Active referral links can be found [https://sites.google.com/site/pyramining/ on this page], on [https://twitter.com/Pyramining the Pyramining Twitter feed] and at the [http://www.links-pyramining.com/ Pyramining Referral Links service]. Once you have joined, specify the bitcoin address of your wallet where your mining rewards is to be sent, and deposit any amount of bitcoins to the provided address. If you like, you can then invite people to join through your own referrals to increase your rewards.


== Is it a pyramid scheme? ==
== Is it a pyramid scheme? ==


Not really. Pyramining is a mining contractor. Rewards come entirely from Bitcoin mining. The referral system is made only to increase your income and to increase hash rate by having more members.  Read the F.A.Q. that is linked below for more details.
No. Pyramining is a mining contractor. Rewards come entirely from bitcoin mining. The referral system provides the opportunity to increase income by recruiting new members and to increase hash rate by having more members. By using one of the referral links on this page you will give a small benefit to the person who wrote this wiki! Read the FAQ on the Pyramining site for more details.
 
== Advantages ==
 
It starts as soon as the amount is credited.
No need to configure hardware or software.
Hashing power is cheaper due to volume buying of hardware.
Faster rewards than conventional mining.
Fun!


== External links ==
== External links ==


Pyramining main site: http://pyramining.com/
* [http://www.pyramining.com/ Pyramining main site]
Pyramining FAQ:  http://pyramining.com/faq
* [https://sites.google.com/site/pyramining/ Always-updated Pyramining referral links]
Twitter feed with referral links to join:  https://twitter.com/Pyramining
* [https://twitter.com/Pyramining Pyramining Twitter feed]
* [http://www.links-pyramining.com/ Pyramining Referral Links service]
* [http://pyramining-referral-links.com/ Pyramining Referral Links]


[[Category:Mining]]
[[Category:Mining]]
[[Category:Mining contractors]]
[[Category:Mining contractors]]

Latest revision as of 04:10, 19 May 2016

Pyramining is a bitcoin mining contractor that lets you borrow hashing power to mine for bitcoins without having to buy, set up and maintain your equipment. You join by sending some bitcoins through a referral link, and are rewarded with at least 10% return on your investiment. Once your account is active, miners will keep working for you until you are fully rewarded. Currently receiving a full reward on your investment will take about 24 months. A referral system is used to allow a more rapid increase in total system hashrate and revenues.

How does it work?

Join through a referral link. Active referral links can be found on this page, on the Pyramining Twitter feed and at the Pyramining Referral Links service. Once you have joined, specify the bitcoin address of your wallet where your mining rewards is to be sent, and deposit any amount of bitcoins to the provided address. If you like, you can then invite people to join through your own referrals to increase your rewards.

Is it a pyramid scheme?

No. Pyramining is a mining contractor. Rewards come entirely from bitcoin mining. The referral system provides the opportunity to increase income by recruiting new members and to increase hash rate by having more members. By using one of the referral links on this page you will give a small benefit to the person who wrote this wiki! Read the FAQ on the Pyramining site for more details.

External links