You all know that right now crypto market is going through bearish phase & bitcoin price is around $8k compared to its normal range of $10k–12k.
If bitcoin price will increase in future & mining difficulty will decrease than it is profitable to mine bitcoins.
But there are very rare chances that bitcoin mining difficulty will decrease in future because more & more people are joining bitcoin bandwagon.
If more & more people are joining the bitcoin pools then mining difficulty will increase.
In contrast, if people are leaving bitcoin pools then mining difficulty will decrease so it is more profitable to mine bitcoins.
Regarding Bitcoin price obviously it will increase in future. The first target for Bitcoin price to hit is $30k in 2018 according to some experts.
The question is how to mine bitcoins?
There are two types of mining.
(1) Hardware Mining : In Hardware Mining you have to use your own hardware to mine bitcoins. You have to bear electricity charges, hardware charges, utility charges, transportation charges, freight charges etc. on your own which is not advisable.
(2) Cloud Mining : The other one is cloud mining where you are renting Hash power from remote data center by paying some fees. They will mine bitcoins for you. You don’t have to bear any expenses like hardware, electricity, utility, transportation, freight etc. All you have to pay is for Hash power. All other things will be taken care by mining service provider.
But very few companies are legit in the field of cloud mining.
I recommend you to go with either Genesis-mining or HashFlare.
But in Genesis-mining, Bitcoin contracts are sold out. So, you have only one choice left that is HashFlare.
HashFlare is a reputed cloud mining service & investment opportunity that wants to give people Bitcoin earning as a reality.
You can join HashFlare using this link : https://goo.gl/DcQoxH
You can join HashFlare using this link : https://goo.gl/DcQoxH
All you have to do is pay for Hashrate power & your earning will start immediately.
I recommend you to invest $1200 in HashFlare & you will receive 10 TH/s of SHA-256 Mining Power.
You can also use Reinvestment function to increase your mining power exponentially & eventually your profit.
On March 26, HashFlare celebrates its third birthday!
Use the code: HF18BDAY30 to get a 30% discount for any and all contracts. The offer is limited to first 10000 purchases.
Good Luck & Happy Mining to all!!!!
- https://hashflare.io/r/1A58ECCB
