Money Doesn’t Grow on ˈTrees, or Does It | Ecency

Printing your own money by Cloud Mining BitCoin:

Remember when you were a kid and every time you asked for money for something you really didn’t need your parents would say “money doesn’t grow on trees”. What they meant by that was wealth cannot be obtained without some effort, and is not always there when you need it. Hence you should be careful about how much you spend and what you spend it on, because currency is limited.

What would you say if I was to tell you that I have finally proven my parents and your parents wrong, and I’m now able to grow money on trees. OK, I’m not growing a money tree but I might as well be.

I started mining cryptocurrency on my laptops on September first 2017, and my two laptops were bringing in a whopping $1 USD per week. Now I know what you are thinking, Paul don’t quit your day job. Good news is I was learning and learning at a very fast pace. Two and half months later I have 17 GPUs mining Etherium and zcash, making several thousand dollars per month. I’m also looking at large industrial buildings to rent so I can build a large crypto mining data center to house my rigs and rent space to other mining operations.

But today I found something amazing. Today I happened upon TheBitGoldMine which is a cloud based mining operation. Cloud Mining is the process of mining crypto currency utilizing a remote datacenter with shared processing power. In other words you are buying time on other peoples mining equipment. You get all the benefits of mining without having to own or manage the hardware. Most of the cloud mining facilities I have looked at require an upfront fee, and many thousands of dollars each month, and if you want more hashing power you have to pay them more each month. And from what I have heard many of these clouding mining companies are scams. You pay them for 5T/hash of mining and they give you 1T/hash, or they just take your money and disappear.

I found this company called TheBitGoldMine and so far it seems legit and in 24 hours my business partner has made $90 USD and in 10 hours I have $37 USD. I’m in no way telling you this company is 100% legit or is not a scam (Caveat emptor), because I don’t know if it is or not, but I will have hit my ROI in two days if things continue as is, I should make $2,170 in 31 days.

TheBitGoldMine allows you to mine for free, but you will only make about $1.00 USD per day, and is a good way to get started and try the site out. You can buy upgrades that will increase your hash rate or speed of mining. I chose to buy the first level of upgrade for .025 Bitcoins, which was about $182 USD at the time I purchased my upgrade. If you notice from the picture below the more you pay them the higher your hash rate.

Here are the four levels of upgrade:

Steps To Signing Up:

You will need a BitCoin (BTC) wallet with about .030 BTC in it. You will also need to use an exchange to exchange real money into BTC. You will want to upgrade your account to at least the 1.2 version so you make a lot more money each day, and that is why you need a wallet with at least .030 of BTC in it. You will also need the wallet to sign up for TheBitGoldMine and for them to pay you.

a. If you don’t have a wallet or any bit coin go to CoinBase and start an account. They will provide you with an on-line wallet and you can buy BTC from their exchange.

Now that you have a CoinBase Wallet with .030 in it, go to your Coinbase Wallet and get your BTC Receive Address.

a. Go to Coinbase and login with your account.
b. Click Accounts
c. Click **BTC Wallet **
d. Click Receive and a pop up should appear with your BTC receive address
e. Click the Copy button to save the address to your buffer on your computer

Navigate to TheBitGoldMiner at this address https://www.thebitgoldmine.org/?a=834040.
On the home page Right click the Bit Coin Address Field, and select Paste from the pop-up menu. Your Coinbase BTC receive address will populate the field.
Click Start Free Mining. Yours’s should look something like this (your address not mine).

Observe that a counter will start above the address filed, and it will be counting very slow. This is the speed of a free mining account. It will make about $1.00 USD per day.

Upgrading your Gold Mine Account:

Now let’s upgrade your account to version 1.2, so you make about $70 per day.

Scroll down on the main page and click Get It For 0.025 BTC

Highlight and copy this address for paying TheBitGoldMiner
Return to CoinBase
Click Account > BTC Wallet > Send
Paste the saved address in the Enter a BTC Address (This is TheBitGoldMine Address) field
Enter 0.025 in the BTC Field
Observe that there is a fee to process the transaction, so it will cost you a little more than .025 BTC.
Click the Continue button.

At this point depending on how busy the network is it could take anywhere from a few seconds to a few hours for the transaction to process. Every now and then go to TheBitGoldMine web site and press the Refresh button and eventually you will see the counter counting much faster. You will also notice right below the upgrade now button it says TheBitGoldMine v1.2 when your version is upgraded.

Withdrawing your BTC

Once or twice a day you are going to want to withdraw the BTC you have mined. After a certain period (anywhere from a few seconds up to 10 day) of time you will see the withdrawal go into your BTC Wallet.

Click the Withdraw tab
Enter the amount you wish to withdraw (minimum is .0005
Click Confirm. The system will verify with a successful confirmation message, and take you to the account page.

Once on the Account page click Finances. This is where you can monitor your withdrawals. As you can see I have one confirmed which means the money has been moved back into my wallet. And Pending means the transactions are waiting for the mining community to process the transaction of putting the BTC into your wallet. If you buy a higher version of gold mine you will get faster transactions because the miners get paid more fees to make the transaction have priority.