Ember Crypto Mining: The Reality
Ember Crypto Mining is a nice way to mine Bitcoin. But remember to temper your expectations a bit because this will not make you rich. At best, you will generate a small amount in few months.
In just a few short years, cryptocurrency has gone from being an investment to much more. The value of Bitcoin and other coins soared through 2017, and it’s still on the rise this year. Many new coins are also getting into the market every day. You may be wondering if you should get in on the action or it’s too late already. With that in mind, let’s see Ember Crypto Mining if it’s worth your time or just another crypto scam.
What is Ember Crypto Mining?
Ember Crypto Mining is done by the help of an application which is known as “Ember Fund”. This app is much more than just a mining app. This is “Crypto Portfolio Management” app that has an additional feature of Bitcoin mining. You can take benefit from this feature as it is very simple and easy to use.
How does it work?
All you have to do is just to make your account and log in to the app. There is a button as “Start Earning Bitcoin”, you just have to press that button and the app will start mining bitcoin for you. After 24 hours you will have to again open the app and press the same again.
As you can see the mining process is too easy, all you have to do is press a button daily.
How much can you make?
The mining rate will be dependent on mining season. It was more than 2 Satoshis (one bitcoin contains 100 million Satoshis) per hour when it started. Now this rate has decreased to 1 Satoshi per hour.
The developers of Ember Fund also says that each season they will be adding new features and mining rates to encourage more people and usage of their application. But there is one to thing remember, the developers do not tell anything about how long a season remain.
Ember Fund app also has a feature of ‘Boost’ which will allow to boost the number of Satoshis you earn. When you click on the boost button, you will see the available ways to boost your mining.
There is one thing that you should remember. If you are new member then there is a possibility that you won’t be allowed to mine bitcoin if you start in middle of the season as Ember Fund limits the number of miners in each season. However, you will be notified via email when you will be allowed to mine bitcoin.
How do you withdraw your earnings?
To withdraw your funds first of all you will need a crypto wallet such as Binance or Coinbase before you start your mining process. You can easily transfer your bitcoin in your crypto wallet. Then bitcoin money can be transferred from Binance into your bank account.
The withdraw date is usually in the first week of month but it does change from time to time. The expected number of Satoshis mined will roughly be comparable to $5. Furthermore, since the worth of Bitcoin/Satoshis changes consistently, the necessary number of Satoshis mined will likewise not be fixed.
How much money can you make?
Allow me just to be straightforward with you, in the event that you simply mine without getting references, it will require you a long investment to come to the $5 limit of Ember Fund. That is on the grounds that the sum you can mine each day will truly rely upon the worth of the Bitcoin.
In the event that the worth of the Bitcoin expands, it will require less investment for you to come to the $5 edge. Yet, on the off chance that it diminishes, the contrary will occur.
To place it into point of view, the sum you will mine each day will be some place in the scope of 2 to 5 pennies each day. That would be the practical rate. In any case, in the event that you figure out how to get a ton of references, the rate will be essentially expanded.
Furthermore, on the off chance that you figure out how to profit of different lifts the application offers, your income will be a piece higher. However, generally speaking, the procuring capability of this application, as I would like to think, isn’t seriously amazing. You must be exceptionally persistent to procure a huge sum on the off chance that you simply utilize the mining choice.
There is also one more thing you should remember. Ember Fund can only be used on mobile as it is only mobile based application. So those you were willing to use it on their personal computers will have to wait or compromise until desktop version comes out by the developers.