Are you interested in earning profits with ease and convenience? Does the world of crypto enthrall you? If so, keep scrolling as this article reviews one of the best platforms for cloud mining, known as IQ Mining.
What is IQ Mining?
IQ Mining, founded by experienced engineers and programmers in 2016, is a cloud mining and trading option. The program is registered in the Republic of Vanuatu, while the Vanuatu Financial Services Commission (VFSC) regulates it.
IQ Mining is a web-based program that is available in several languages, including English, Chinese, Russian, Thai, German, French, and Spanish among others. The users there can explore a wide variety of markets that interest them, and get excellent customer support through generic ticket forms.
The majority of people who are looking for IQ Mining reviews are interested in Bitcoin mining, as it’s the world’s most popular cryptocurrency. IQ Mining offers various options for people interested in mining Bitcoin. However, there are options for people who are looking for mining altcoins, such as Ripple, Litecoin, and more cryptocurrencies. Altogether, clients can mine about 150 altcoins. Moreover, clients can also sign a contract to mine Ethereum.
IQ Mining also involves trading assets. Clients can trade forex and crypto CFDs, while getting benefits from flexible leverages ranging from 1:3 to 1:100. Moreover, if any client is new to the trading world, they can copy strategies of the top traders with the IQ Mining platform.
What Does IQ Mining Provide?
Clients who use IQ Mining, can enjoy these features.
1. Swift Mining
When you use IQ Mining for cloud mining, you can avail swift mining due to the use of powerful and robust mining machines incorporated in the mining farms. The latest models are mining rigs that are connected with excellent computer networks in the field. IQ Mining also uses multiple data centers with the use of smart contracts to reduce power supply costs.
2. Great Hash Rates
Are you looking for the best hash rates? IQ Mining offes one of the highest hash rates in the industry, which you won’t be able to find anywhere else.
3. Low Minimum Payouts
With IQ Mining, you can withdraw the profits on a daily basis. Moreover, the minimum withdrawal is also low.
4. Switching Of Funds Is Easy
The clients who want to invest in cryptocurrency and forex can switch the funds from mining accounts to their forex trading ones. With this feature, clients can easily transfer funds to trading accounts without the hassle of other funding processes.
5. Deposit Bonus
It is difficult to generate profits with cloud mining. This is because it is a competitive field and crypto fluctuates a lot. Moreover, it also involves admin fees, which further reduces the chances of making a profit. However, a bonus can certainly create a difference when looking for creating a profit.
IQ Mining offers attractive sign-up bonuses for clients. By offering some percentage off on mining contracts, you can reduce your initial investment, giving you a better chance of making a profit. Even though Bitcoin’s performance also matters in this regard, but in an ideal situation, the bonus gives clients a great boost.
6. User Experience
IQ Mining offers a good user experience to visitors. The site is designed to give a convenient experience to cloud mining novices. Each process is explained in a clear and concise manner, with various tools and illustrations. Moreover, the sign-up process of the site is also convenient and smooth.
The site carries an SSL certificate, and communications are also encrypted. You must also know that there have been no security breaches of IQ Mining in the past. They also give payouts regularly, so there is no need to hold crypto a lot.
There are many happy customers of IQ Mining, and the business is well-established. Even though guaranteed profitability isn’t exactly guaranteed—as cloud mining is a high-risk business, but IQ Mining as a service is legit.
7. Easy Conversions
Do you want to convert your altcoins to bitcoin once the mining ends? Easy!
IQ Mining allows the conversion of altcoins to bitcoins after the completion of the mining process. Therefore, you can have easy withdrawals. Easy withdrawals without any hassle is the dream of any cloud mining dealer.
8. Low Spreads
The profit potential can enhance if the market has low spread. IQ Mining offers low market spreads that further increase the chance of its clients making more profits. If you’re looking to make more profits, low spreads are the way to go and much more.
IQ Mining Pricing Plans
When we talk about signing a contract with IQ Mining, we have to appreciate the flexibility in their plans. You can choose from one year, two years, five years, or a lifetime contract with IQ Mining.
After choosing the years, you can choose the mining package from USDT, SHA-256, SHA-256 PRO, SHA-256 BCH, or Ethereum.
The USDT package is available for only a year with a hashrate of 1 GH/s and maintenance fee of 0.0001$ GH/s/24h. This is a stable coin, and IQ Mining promises an income of 125% each year if you undertake the package.
With the SHA-256 contract, you get 10 great coins with the rate of 10 GH/s. On the other hand, the SHA-256 PRO gives you 100-150 altcoins to mine from, while the rest of the features are the same as that of SHA-256. Moreover, there are daily payouts in Bitcoin for both of these contracts. Furthermore, the SHA-256 BCH pays clients in Bitcoin Cash with daily rewards. The maintenance fee for each of these programs is 0.0001$ GH/s/24h. The Ethereum program gives you a hashrate of 0.1 MH/s.
When choosing any of these contracts, you can go for a Bronze, Silver, Gold, or a Diamond account. For instance, if you undertake the SHA-256 PRO program, you get entitled to pay about $95 for the Bronze account. With this, you will get a power of 2882 GH/s. you will also get to know the maintenance fee you would have to pay, as well as the payout forecast depending on the market conditions.
Similarly, if you sign the Gold account, you may pay up to about $27,000 for 1,280,598 GH/s of the power. Moreover, you can receive up to $7 to $100 as your daily payout.
Now, with the Diamond account, prepare to pay up to $97,000 for 4,649,265 GH/s power. Moreover, the daily payout forecast for this one is about $400. With this contract, you will also receive an iPhone, 5% more revenue, giveaway tickets each month, and a personal manager.
However, you must keep in mind that you may not be able to recoup the initial investment, and the maintenance fee can exceed the profits because of the fluctuations in crypto and competitiveness in the market.
IQ Mining Profitability
In addition to the approximate monthly earning, you can also find the calculator for profits for every algorithm.
You should also note that the mining payout depends on the difficulty in mining, the network hashrate, as well as the market price of altcoins or Bitcoin. You will also be charged a maintenance fee and up-front fee.
Even though the IQ Mining framework is excellent, you must remember that it is not always possible to recoup your initial investment. Moreover, the maintenance costs may also exceed your profits. These maintenance costs are to manage the hardware at the IQ Mining farms, the admin, as well as the electricity costs.
Where to Buy IQ Mining?
By logging on to iqmining.com, you will open a webpage for IQ Mining, where you can select your country, sign in, or sign up.
If you’re new to the site, you can scroll down the Home Page and see a number of steps mentioned horizontally, including Sign Up, Purchase a Contract, and Get Paid. And honestly, it’s as simple as that!
If you scroll further down, you will be able to see the various contracts IQ Mining offers. You can buy contracts, trade, copy the best traders’ strategies, calculate your mining income, and get convenient payouts.
IQ Mining is a legit mining operator with various interesting features. The sign up process for IQ Mining is convenient and smooth. Plus, the various offers available and the flexibility of choice for consumers is also attractive. The processes are explained in a clear manner, and the limits offered can appeal to a wide variety of audiences.
The customer service of IQ Mining is also strong, and the website user experience is also hassle-free. Clients will also get various banking options and great bonuses with easy withdrawals and deposits.
IQ Mining also offers great transparency, and you can certainly use the profit calculators to your advantage. However, it also says that cloud mining comes with financial risks, which is true. But, with every cloud mining there are risks involved. Therefore, if you’re willing to go all in, do so with great research. But if you’ve made up your mind about it, IQ Mining is a great option to start with.