Difference between revisions of "Pyramining"

From Bitcoin Wiki
Jump to: navigation, search
m
m
Line 1: Line 1:
'''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.
+
'''Pyramining''' is a Bitcoin mining contractor that lets you borrow hashing power to mine for Bitcoins. 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 12 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.  New 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.
  
 
== 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 is designed only to provide the opportunity to increase income by recruiting new members and to increase hash rate by having more members.  Read the FAQ that is linked below for more details.
  
== Advantages ==
+
== External links ==
  
It starts as soon as the amount is credited.
+
* Pyramining main site:  http://pyramining.com/
No need to configure hardware or software.
+
* Pyramining FAQ:  http://pyramining.com/faq
Hashing power is cheaper due to volume buying of hardware.
+
* Twitter feed with referral links to join:  https://twitter.com/Pyramining
Faster rewards than conventional mining.
 
Fun!
 
 
 
== External links ==
 
  
Pyramining main site:  http://pyramining.com/
 
Pyramining FAQ:  http://pyramining.com/faq
 
Twitter feed with referral links to join:  https://twitter.com/Pyramining
 
  
 
[[Category:Mining]]
 
[[Category:Mining]]
 
[[Category:Mining contractors]]
 
[[Category:Mining contractors]]

Revision as of 17:40, 26 August 2012

Pyramining is a Bitcoin mining contractor that lets you borrow hashing power to mine for Bitcoins. 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 12 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. New 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.

Is it a pyramid scheme?

No. Pyramining is a mining contractor. Rewards come entirely from Bitcoin mining. The referral system is designed only to provide the opportunity to increase income by recruiting new members and to increase hash rate by having more members. Read the FAQ that is linked below for more details.

External links