Coinmine is an easy and affordable way to get into crypto mining and it requires minimal technical knowledge. You can mine Zcash, Ethereum, Monero, and Grin and convert it to Bitcoin.
Coinmine is offering a chance to save money when you purchase two or more Coinmine One devices with a promo code. Continue reading to find out how.
(Click here to Learn More at Coinmine)
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Table of Contents
Coinmine Promo Codes
Use the following promo codes to save when you buy two or more Coinmine One devices:
- Save 10% when you buy 2 or more with the promo code MICROFARM.
- Save 15% when you buy 5 or more with the promo code MINIFARM.
In addition, you can save 20% when you buy 10 or more with no promo code required. Discount automatically applied at checkout.
(Click here to start shopping at Coinmine)
How Coinmine Works
Coinmine was created as an easy and affordable way to get into crypto mining, even if you gave no knowledge of crypto and no technical ability.
The Coinmine one plug-and-play device works with the Coinmine app, allowing you to mine four different cryptocurrencies (Zcash, Ethereum, Monero, and Grin) easily.You just need a console, a smartphone, and WiFi.
Bitcoin isn’t supported by Coinmine, but it supports Bitcoin Mode. This allows instant conversion of other mined cryptocurrency to Bitcoin, a more liquid cryptocurrency.
In order to withdraw your mined crypto, you need to meet a certain threshold based on the coin:
Coinmine has regular, automatic updates to enable the device to work more efficiently, such as lowering electricity consumption, improving mining abilities and support for new coins.
Coinmine One Specifications
|Graphics Card||AMD RX 580|
|Processor||Intel Celeron N Series|
|Memory||8GB RAM, DDR3|
|Average Power Use||160 watts|
|Connectivity||WiFi or Ethernet|
|Sound||Similar to a desktop computer or gaming console|
Coinmine does not actually mine Bitcoin, but it mines an altcoin and then converts it to Bitcoin. This means:
- You’ll be charged a 5% user fee.
- You may lose 1% to 2% in exchange fees as it’s converted.
Therefore, all mining profits depend on whether there’s a new coin to mine that can be efficiently converted into Bitcoin.
As of this year, you will earn a 6.5% interest in coins kept in Coinmine wallet, offsetting some of the platform’s fees.
The process of crypto mining has never been easier. Coinmine offers a simple device to help you get started on a smaller scale.
There is also the option to join a mining pool, where you can combine and increase hashing power, then share the profits. This increases crypto mining success since there is more computational power.
(Click here to Learn More at Coinmine)
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