Pyramining Referrals - Investing in Bitcoin Mining
Posted by Hans de Ruiter
In my previous blog post I mentioned that mining Bitcoins alone probably wasn't worth it, and suggested investing Bitcoins in a contract mining service such as Pyramining as an alternative. Pyramining is an organisation that has a very efficient Bitcoin mining infrastructure, that you can pay Bitcoins to use. Basically, you invest money and effectively borrow some of their mining hardware. Over time, that hardware earns Bitcoins via mining, and you recover your initial investment, plus a bonus.
At present (26 October 2012) the bonus is initially set at 10%, and the payback time is around 14 months (12 months to the break-even point). However, in order to invest in this scheme, you need to be referred by a sponsor. To help people out, there are referral links below. They expire over time, so I'll try to keep them updated.
Pyramining Referral Links
What is Bitcoin and Bitcoin Mining?
Please see my previous post.
IMPORTANT: Any money that you invest is entirely at your own risk.
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