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  • YoBit has further improved its Vmining, adding new features and increasing returns.
  • Vmining can be used from as little as 140 USD per month.

As CNF already reported in an earlier article, the renowned cryptocurrency exchange YoBit launched a mining service in September that enables even inexperienced users to quickly and easily enter the crypto-mining business. YoBit.net is characterized by the fact that it is one of the oldest crypto exchanges on the market, which has been active in the crypto market since 2014 and, according to Coinmarketcap, has a trading volume of over 60 million dollars.

The new service, VMining, ties in with the convenience of the YoBit exchange and enables users to generate crypto revenue not only through trading but also through passive mining, i.e. by using YoBit’s provision of the IT infrastructure. What is special about Vmining from YoBit is that users do not have to decide which cryptocurrency they want to mine. The user simply buys a mining contract that fits into his budget; then YoBit‘s algorithm optimizes the work of the mining hardware to maximize profit.

There are 6 different options to choose from, and users can get in for as little as $140. At the current Bitcoin rate, the payback time for the Miner is only 1.5 to 2 months, which is a unique result. It is also very important for users that the payments are made daily using the MINEX token, the native token of the exchange. Thus, users make a profit every 24 hours in the internal cryptocurrency, the price of which has risen continuously over the past months.

Subsequently, YoBit users also have the option to exchange their MINEX token for Bitcoin on the exchange. We are also pleased that since our last review YoBit has lowered the price for miners and introduced the YoPower function. With YoPower, users can buy power for miners (YO) for each miner, the cost is then only 10% of the current miner cost in Yo Token.

Also, new is the option to purchase new mining packages with the MINEX token. In this case, users receive a substantial discount of 20% on their mining contract. YoBit is currently also still offering a promo campaign in which users can share the screenshots of their miners and win up to 4 Bitcoin (BTC). The current rates can be seen in the screenshot below if you are interested in participating in YoBit’s Vmining.

vmining yobit
Source: https://yobit.net/en/mining/

Numerous influencers and YouTuber have already reported on the returns of VMining from YoBit. Below you will find two opinions that have tested YoBit’s mining for a longer period of time.

I tried Virtual Mining and I made HOW MUCH?! | Cryptocurrency Tutorial

YOBIT VIRTUAL MINING REVIEW - scam or not? HONEST EXPERIENCE

As confirmed by the presented crypto influencers, YoBit’s Vmining can be an interesting investment. If you are now interested in investing, you can follow this link to YoBit’s Vmining.

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Jake Simmons was the former founder and managing partner at CNF. He has been a crypto enthusiast since 2016, and since hearing about Bitcoin and blockchain technology, he has been involved with the subject every day. Prior to Crypto News Flash, Jake studied computer science and worked for 2 years for a startup in the blockchain sector. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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