In my previous posts , we looked at opening up aBitx Account , Multi- Wallet and a Genesis Mining Account. You should now have a day-by-day stream of Bitcoins being paid into your Bitx Account and its time to show you several other opportunities to increase your Bitcoin Supply.
First , we gonna look at CLDmine and how it works. Once again you will need to register your account and exchange your deposit for CLD Hashpower. With CLD you can deposit various Altcoins and Bitcoins to get you started. The more CLD Power you have the faster you will mine.
Get your Free 1500 Dogecoins on Registration
When registering your CLDmine Account you will receive 1500 Dogecoins to get you started and throughout this post we will have a look at exchanging your Free and Deposited currency for mining power. The more mining power you have the quicker you will be mining and again we will not only allocate some of your mined currency for more hashpower , but we will start with yet another project.
Exchanging your Currency For CLD Hashpower
After logging into your account , visit the exchange area as shown above so that you can exchange the 1500 Dogecoins you received for CLD Hashpower. Each single unit ( 1 CLD ) will cost you $0.68 , in other words $6.80 will buy you 10 CLD Hashpower units. You want to have atleast 80 CLD and mining Litecoins to be able to withdraw your mined Litecoin currency every single day. You will be able to deposit your Bitcoin currency that you are mining at Genesis to make these upgrades.
When the exchange page opens up , choose the currency that you are exchanging for CLD Hashpower and press the <EXCHANGE> button to do the exchange. After the exchange was done it will be displayed in your transaction history below the exchange console. When you have made a deposit of any kind , you will need to visit the exchange console as well to purchase CLD Hashpower before it will be allocated to your mining powers.
You will not be able to exchange your CLD Powers back to Altcoins or Bitcoins if you decided to close your account. So lets take a look at making a deposit to purchase CLD.
Making a Deposit
When you are making a Deposit you will need to click < WALLETS FOR DEPOSIT> and choose the currency that you will be depositing as displayed above. Now will be a good time to deposit some of those Bitcoins that you are receiving from your Genesis account. Visit your Bitx account to send the coins to your CLD account. The transaction will only take a few minutes to display in your CLD account. When they are received a pop up notification will be displayed showing that the deposit was received and you will need to go to the exchange to exchange them for CLD Hashpower.
Allocating Your Hashpower
Now that you have exchanged the currency you have deposited and the 1500 dogecoins you received for free , you can allocate your hashpower by clicking on the coin you want to mine. If you didn't make any deposit and you just exchanged the dogecoins you received, i suggest that you start mining dogecoins rather than Bitcoin or Litecoin. You will also want to change your re-invest setting to 80% so that you can increase your CLD Hashpower. Remember that the more CLD you have , the faster you will be mining and you want to be able to withdraw every single day to get to the next project.
You want to be able to generate a constant stream of bitcoins to your wallet every single day to be able to generate a leveraged Income for yourself , and should any one of these platforms dissapear , you don't want to have all your eggs in one basket.