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Getting started with Topmine

6/1/2016

 
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By : Andre Klynsmith
Walvis Bay , Namibia
Published : 1 June 2016

Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.  - Norman Vincent Peale
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TOPMINE is a rapidly developing company in cryptocurrency mining field. They possess a new and unique system of Bitcoin and Altcoins mining algorithms, that is an undeniable advantage of their service and provides an alternative for those who want to start mining Bitcoin.

You no longer need to buy expensive equipment and spend time on setting it up, now you have the possibility to rent their equipment and receive a daily profit from mining cryptocurrency easy and safe.


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Getting Started with Topmine
Just like all the other Cloud services , you will need to setup your account first. Register your account  and confirm your e-mail address by clicking on the link that will be send to your e-mail address. After registration you will be able to start mining by clicking on the crypto currency that you want to mine.

Just like CLDmine , Topmine has its own unit called TeraX that measures the amount of Hashpower you have . The more TeraX you have the faster you will be mining . Although you will be able to start mining for free , you will need to make a deposit to mine faster.


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Making a Deposit to get TeraX
You will be able to make a deposit using 4 types of currencies. Bitcoin , Litecoin , Dashcoin and USD through PAYEER. Open up your wallet to send the currency you would like to use by copying the deposit address from Topmine to your wallet , enter the amount and click send.

After sending the amount you want to deposit , click on the "Check deposit " button and the deposit will be displayed on your History page. All deposits will have to pass a number of confirmations before it will be displayed on your account which can take up to an hour .

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Exchanging your Deposit for TeraX
Now that your deposit has been confirmed and the balance is available , you will need to exchange it for TeraX . The more TeraX you have available , the faster you will be mining . I always deposit just enough to be able to withdraw every single day.

All withdrawal requests are processed automatically immediately after submitting a withdrawal request. Withdrawal requests on Payeer, Dash and Ethereum are processed manually and can take up to 6 hours. The minimum amount to withdraw funds: 0.50 USD, 0.001 BTC, 1500 Doge, 0.1 LTC, 0.1 ETH, 0.14 Dash


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Start Mining Crypto Currency
Now that your TeraX has been purchased , you will be able to start mining . Click on the currency that you want to mine and you will see the counter start running. Once again , the more Terax you have , the faster you will mine.

When withdrawing your currency , its easier to have a multi-wallet that stores more than one currency so that you don't need several wallets to store all. What am i mining ? Well , i mine all the currencies on Topmine except for USD.



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Getting Started with Bitcoin

First things first , you will need a wallet . Just like a bank account , you will need a Bitcoin Wallet where you will be able to send and receive your currency . We will have a look at the wallet that i am using and wallets in General .

Bitcoin adoption has soared over the last few months throughout South Africa and there has been allot of development throughout.


READ MORE>>>
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Getting Started with Genesis.
When I got started a few months ago , i started off with Genesis , CLD and Minergate. At the time i only Invested $70 into Genesis and Leveraged my income but spreading the coins i received from Genesis to other services and opportunity s as well .

Before we take a look at genesis , lets quickly discuss Cloud Mining Services .

READ MORE>>>

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Lets Get started with CLD.
If you are following my blog posts and want to start earning Bitcoins and other alternative Crypto currencies you will have to register a bitcoin wallet and a Multi-coin wallet before reading this post.
In this post we will take a look at mining alt-coins and exchanging them for bitcoins.This is my personal step by step guide to getting started and diversifying your investments to keep yourself  protected. 

READ MORE>>>


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