I see people selling mining shares. But how does those work? The shares are for life of the machine? Anywhere i can read some info? thanks.
To make it simple, it's just renting the hardware.
Topic: How bitcoin mining shares work? (Read 749 times)
To make it simple, it's just renting the hardware.
it's like this.
you have like 2TH of power running in your home. so I pay you let's say $1000 for 200GH (10%) of your power for the next 6 months.
so miner will be working and every day you send me 10% of your miner earnings because I pay you 10% of your miner power.
simple as that.
you have like 2TH of power running in your home. so I pay you let's say $1000 for 200GH (10%) of your power for the next 6 months.
so miner will be working and every day you send me 10% of your miner earnings because I pay you 10% of your miner power.
simple as that.
I see people selling mining shares. But how does those work? The shares are for life of the machine? Anywhere i can read some info? thanks.
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