Powerhouse Mining – New Update and Trading Tree

It is so rare to discover something I’m actually excited about. With cryptocurrency, it is SO easy to get scammed. Even things that look legitimate turn out to be scams. I’m getting pretty good at spotting them being that I’ve been doing it for a few years.

I watched the Powerhouse Network Update on youtube last night. Which was very exciting, it was good to see the whole panel discussing the future of the network.

It’s early days yet. I’ve made a small investment of $30 and showing $1.02 profit. Some of this from referrals but mostly from mining altcoins. Note this is more profitable than mining Bitcoins. So if you’re starting with a small investment that’s where to start because it’s more difficult to mine Bitcoins than Altcoins.

They are introducing mid-November or so the Trading Tree which looks very exciting but as I don’t have any more information about that apart from what is in the youtube video.

I will definitely be making a larger investment with Powerhouse.

I do suggest visiting the Facebook Page.

There are also quite a number of videos on Youtube.

So to join Powerhouse.

PLEASE REMEMBER YOU INVEST AT YOUR OWN RISK.

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2 Responses

  1. Lou says:

    Hi Paul,

    your site is an inspiration. I have visited 3 of the top cloud providers including your last favorite, powerhouse. Almost all quote a price for a selectable hashrate, but I couldn’t sort out what time period these prices are set for. Since they all do offer hash rates per second, it could be understood for a second, as per day, per month, or even the duration of contract. Oddly, I couldn’t find one provider with a clear statement. Will you please enlighten?

    I would be glad to take a brainwave :o)
    Kind regards –
    Lou

    • Paul C says:

      Hi Lou

      Thanks for your comments and question 🙂

      Ok, so it works like this – normally unless specified Hashrate is a lifetime contract. What happens is this – your “hashrate” basically powers mathematical calculations that generate Bitcoin/Altcoins/Ethierium, whatever you choose. Out of the coin you generate or we generate as a pool, the supplier will take a small fee used to pay for electrical costs etc and you get the rest.

      Sometimes, like Genesis you can buy short-term contracts where you actually pay the costs up front.

      It’s true it would help if in their FAQ it actually DID mention this or try to explain it.

      Don’t forget to spread your portfolio over different mining pools.

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