BITCOIN! What is it? Where is it from? Why should you care? All valid questions that I am pretending you are asking me.While my intimate knowledge of Bitcoin is quite limited and I won't be able to tell you exactly how the algorithm is solved to create a bitcoin and how the blockchain system insures that every bitcoin in existence is legal, cannot be duplicated and cannot be stolen without permission I can give you some information that you might find interesting none the less.
As I'm writing this the current value of 1 single Bitcoin is $432.56. Yesterday it was $415 and 2 weeks prior it was $315. Now if you were already trading Bitcoins or are interested in trading Bitcoins you can make quite a bit of money in absolutely no time whatsoever exactly because the value jumps around in such a ridiculous fashion. At it's prime Bitcoin stood with it's chiseled chest and massive biceps atop a mountain of glory with it's value at $1217.73. This made the quivering masses look up and see it for it was truly was. An absolutely enormous opportunity. Now while I think anybody with some sense and a lot of time on their hands can make a big bundle of Dollar$ simply trading this beautiful digital thing. I have found that the real money does not lie in trading great commodities, but in CREATING them.
Fortunately there is a vast ocean of possibilities in Bitcoin Mining. The one I wish to speak about is Cloud Mining, something relatively new to the industry. There are a few companies out there with the hardware and capital to back up cloud mining, but they are few and far between and they are almost always volatile. Many problems persist with Cloud Mining since it's such a new concept. Problems like Electricity costs running in the Hundreds of Thousands of Dollars per Month and erratic value of Bitcoin itself brings a few of the smaller ones to their knees. In order for a company that offers Cloud Mining to achieve anything and keep on achieving it they need to have a few things.
- A method to ensure low cost Electricity
- A method to ensure that the Mining Power does not dip out of control randomly
- A method to ensure that they can mine 24/7 for maximum profitability
- Safe and Secure locations for their mine's to prevent sabotage, theft and/or damages
- Finally of course, they require Big Moneyz to keep everything running.
Now that you know the problems how about we talk positives?
Cloud mining utilizes relatively new methods of Marketing known as Network Marketing or Referral Marketing. It's the cheapest method for any company, new or old, to advertise AND it's extremely lucrative for whoever has the big burly chest hairs to try their luck and determination at it. Already thousands if not hundreds of thousands of people have made huge passive incomes off Network Marketing. Millionaires, Multi Millionaires (even a Billionaire or 2) have been springing out of holes in the ground seemingly over night since it's such an invisible system. No giant warehouse, No employees, No stock taking or over the top advertising. Just a neighbor talking to another neighbor about a way to make some extra money. No fireworks, No flashy Women or Big Cars to show off the magic. Just a quiet transaction and the cling of coins... Bitcoins!
A few companies have even managed to solve the power issues by taking their mines to undisclosed locations in places like Iceland and Romania where The governments either use Eco-Energy which is practically free or give huge leverage able bonuses to companies that ask for it. In this case they simply ask for better prices on electricity. Some of the more entrenched companies even buy out the existing stock AND everything that WILL BE produced by companies YEARS ahead of time, thus ensuring they have all the hardware they will ever need for mining. Without skipping a beat these same companies that specialize in Cloud Mining also hire employees that live on the grounds 24/7 so they can ensure everything is running smoothly and you are making money 24/7. I have to say, there is nothing quite like making money doing nothing. It gives you a freedom like no other even when you have a busy day you feel like you can sit and stare at clouds for hours... because... why not?
So the problems are solved aren't they? Why would I then be interested in this stuff?
I must have a very low opinion of my readers, I keep asking lame questions... WHY WOULDN'T YOU BE INTERESTED? You pay a one time amount for a package that these companies offer and spend the rest of your life mining bitcoins. This alone has made many people VERY wealthy, but of course as I mentioned there are MLM opportunities in these businesses. Not that you have much say in the matter, once you start earning bitcoins passively every single day you start talking to everyone. Once your lifestyle changes THEY will start talking to you! then you just point them in the right Direction... *Ahem* The Right Direction See what I did there?
Thanks for reading to the End. Leave a comment and we can talk some sense or nonsense or cents! I like connecting with people so don't be shy. I would add you, but I don't know your name yet. Be sure to check out my other pages, facebook, twitter, Youtube and such. Everyone have an Awesome day and Live Rich!
