FX168 Financial News (North America) reports that cryptocurrency polymath Eric Trump has said that President Trump’s consistent advocacy of a Federal Reserve interest rate cut could push up cryptocurrency prices significantly. A rate cut would make interest-bearing safe assets less attractive. It would prompt investors to turn to speculative assets such as stocks and Bitcoin (BTC-USD).
Historically, cryptocurrencies typically rise during easing cycles, albeit not in a straight line. A rate cut could trigger a short-term rally. It could also signal economic weakness, which could drag down the performance of risky assets. In Eric Trump’s view, the digital asset industry is here to stay for the long haul. From there, the existence of proven cloud mining platforms has high benefits.
What is Cloud Mining?
XiuShan Mining cloud mining is a way to allow users to mine cryptocurrencies by renting computing power (arithmetic). A third party provides that computing power. Besides, users don’t need to purchase expensive mining equipment or perform technical maintenance themselves.
Users simply purchase a certain number of arithmetic contracts from the specialized XiuShan Mining cloud mining platform. That’s responsible for purchasing, deploying, operating, and maintaining the equipment, including power supply and technical management. Users can receive cryptocurrency revenue generated by mining on a pro rata basis according to the arithmetic power and lease term.
How Does Cloud Mining Work?
Rented Arithmetic: Users select and purchase arithmetic contracts on the XiuShan Mining platform, which are typically measured in terms of hash rates (e.g., giga-hashes per second) that determine the amount of mining power.
Mining Operations: XiuShan Mining uses its large mining facilities in remote data centers to validate blockchain transactions using the arithmetic power rented by users to solve complex mathematical problems.
Distribution of Revenues: Cryptocurrency revenues generated by mining are distributed to users on a regular basis based on the proportion of their rented arithmetic power to the total arithmetic power.
Platform takes care of everything: XiuShan Mining takes care of all the technical and operational issues, such as hardware investment, power costs, equipment failures, noise and heat dissipation, etc. Users do not need to worry about it.
Benefits of XiuShan Mining Cloud Mining
Low threshold: no need to invest in expensive specialized mining hardware, lowering the threshold of participation.
Convenience: Users do not have to deal with complex equipment setup, maintenance, and technical issues.
Cost savings: Reduced electricity consumption, equipment depreciation, and additional costs associated with issues such as noise and heat.
Flexibility: Users can choose different arithmetic contracts according to their budget and needs, and adjust their mining operations according to market conditions.
Algorithmic Contract (math.)
Contracts/Miners | Contract Price | Contract Period | Daily Earnings | Fixed Rate |
DOGE Experience Miner | 100 | 2Days | $8 | 0.04 |
LTC Smart Newbie Program | 600 | 5Days | $37.50 | 0.0125 |
BTC Classic Miner | 1000 | 10Days | $130 | 0.013 |
BTC Smart Miner | 3000 | 15Days | $630 | 0.014 |
BTC Super Miner | 5200 | 21Days | $171.44 | 0.0157 |
Click to see more Arithmetic Contracts
How to Become a XiuShan Mining User?
The process of mining with the Xiushan Mining Cloud is very intuitive, and investors can get started in just a few simple steps:
1. Sign up for an account – it only takes a minute to complete the registration via email, and new users receive a $15 welcome bonus and an additional $0.6 for logging in daily.
2. Choice of Contracts – The platform offers a wide range of short-term and long-term arithmetic contracts, which users can choose flexibly according to their capital size and goals.
3. Full range of deposit types – supports BTC, ETH, XRP, DOGE, SOL, USDT, and other mainstream cryptocurrencies, making deposits convenient and fast.
4. Automatic allocation of arithmetic power – after the recharge is completed, the system immediately allocates arithmetic power and starts cloud mining, without any technical background or manual operation.
5. Daily earnings settlement – all earnings are transparently displayed in the form of a daily settlement in the account, which can be viewed in real time.
6. Freedom to withdraw or reinvest – when the earnings reach $100, users can transfer the funds to their personal wallet, or choose to reinvest to expand the contract size.
Take Action! Make your cryptocurrency stream more valuable.
Xiushanmining platform for more information website: https://xiushanmining.com/
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