Detailed IQ Mining Review
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
Cardano (ADA)
Bitcoin Cash (BCH)
Litecoin (LTC)
Monero (XMR)
Zcash (ZEC)
Dash (DASH)
The thing is that IQ Mining is an online cloud mining service enabling users to remotely mine Bitcoin, Litecoin, Ethereum, and other altcoins without the need to buy hardware. The main distinctive feature of the IQ Mining project is the use of smart mining, which implies high efficiency and a 30% cost reduction compared to its competitors. For an accurate profit prediction, there is a calculator, which you can use to get an idea of your projected return on investment. So what’s special about the IQ Mining platform, and what can you count on when registering an account with the service?
Pros and Cons
What is IQ Mining? There are a couple of things that make it different from the mass of other similar companies:
- Reduced electricity/ maintenance costs – IQ Mining has entered into lucrative contracts with electricity suppliers, which increases the profitability of mining;
- Full-fledged protection – investor income is protected by smart contracts;
- Different currencies are supported for mining – the company mines not only BTC but also various altcoins;
- Profit calculator – you can always calculate the power purchased and profits you can get out of it;
- Affordable rates – the minimum price is only $100. The cost of 1 gigabyte is 16 cents. The minimum withdrawal opportunity is 0.002 BTC;
- Regular payments – you can make payments on a daily basis;
- Diverse facility map – the company’s facilities are located in China, Canada, Russia, and the USA.
Unfortunately, miners from the USA are not accepted, and you have to pay money to use the service since there is no free pack.
How Does IQ Mining Work?
IQ Mining offers a wide variety of service options. You can purchase a service pack covering a period of 1, 2, 5 years, etc. To get started with IQ Mining US, you need to choose your service option and then the company’s machine will work for you. All the mining operations are performed remotely in the company’s cloud services. According to the information on the site, data centers are located in six countries, which means that the possibility of technical problems with the system is reduced at max!
A user is given 60 minutes to pay for the service pack in his personal account. Otherwise, the order will be canceled. The service is activated for you immediately once you make payment. The next day, it will be possible to make a profit and see current stats reflected in your personal account.
How to Register at IQ Mining
How to use IQ Mining? In order to start investing and working on the IQ Mining platform, you need to register, create your personal account, and choose the service pack that is most convenient for you. All the available packages are divided based on their timing, capacity, and other characteristics. At first glance, they may seem very confusing. But the essence of the service is very simple: the company uses technical algorithms to track the most profitable rates for buying cryptocurrencies and exchanging them for Bitcoins.
You do not need to provide the scans or data from your personal documents to register on their site and work with Blockchain. Just specify your payment details, and you can start mining from any location. Registration on the site is free and requires users to fill out a short questionnaire. It won’t take long to do so. After the personal account is created, it will be possible to select a service option and pay for it.
Conclusion
Is IQ Mining worth it? It definitely is. Based on many IQ Mining reviews, it is a rather interesting service with a small deposit of $100 and a profitability of 20% per month. It allows you to mine any cryptocurrency, and a special algorithm automatically redistributes the investment portfolio, thereby further increasing your profit levels.