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if you have good ideas, please recommend to me, let's help each other

At present, the price of Ethereum is still rising, and is close to $4000. From March to May, Ethereum's ups and downs basically showed an upward trend, and the upward trend in May was very violent. (If you are interested in Ethereum's growth rate, you can click binance.com)
Judging from the current situation, Ethereum is unlikely to fall back for at least three months.

WHY I SAY THIS?

Ethereum follows Bitcoin on the Chicago Mercantile Exchange
Ethereum follows Bitcoin on the Chicago Mercantile Exchange. The investment of traditional investors will increase more possibilities. Established in 1848, the Chicago Board of Trade is a leading futures and options exchange. On February 8, 2021, the Chicago Board of Trade officially launched Ethereum futures. Bitcoin has been successfully launched before, and I believe that Ethereum can also be launched smoothly. Once launched, the traditional financial market will completely open the door to Ethereum, and investors can invest in Ethereum without actually buying and storing Ethereum. If new funds are continuously injected into Ethereum through futures, it will push Ethereum to a new level.


The launch of Ethereum 2.0 will attract more investors
Ethereum 2.0 is the current upgrade, which is used to solve the scalability and cost of Ethereum. Ethereum 2.0 is a POS chain, and it will be integrated with the POW chain of Ethereum 1.0 in the future. Scalability, security and decentralization will be significantly improved, and a faster and better platform will be born.


DeFi will inject a booster for Ethereum
Looking back at 2020, DEFI is very hot, it is a decentralized financial behavior. Designed to allow everyone in the world to conduct financial activities anytime, anywhere.
Most DEFIs on the market will choose the Ethereum platform with better scalability and operational compatibility.
With the advent of Ethereum 2.0, it must be the best choice for DEFI, and the DEFI ecosystem on Ethereum will surely become the core of the market.

Therefore, I recommend everyone currently to invest ETH.
For novices, you can start from the cloud mining platform and gradually improve your understanding of eth

For example, you can try MVU Cloud Mining's $39 10MH/s ETH hashrate.
The contract period is 90 days, and 1MH/s is for $39. According to the ETH price now(you can see the current price in binance.com you can calculate by using mining calculator in mvu.com),


pay$39 , get 10MH/s per day
(A DAY)       10MH/s =0.00018350ETH=$0.70
(A MONTH) 300MH/s=0.0055800ETH=$21.6
(90 DAY)      $21.6*3=$64.8
net income   $64.8-$39=25.8

pay 1000 $39 contarct
(A DAY)       $0.7*1000=$700
(A MONTH) $21.6*1000=$216000
(90 DAY)      $216000*3=$648000
net income   $648000-$39000=258000


The limited quantity of $39 90-day is 1000. IWith the increase of ETH price, the profit will be more considerable.
Earnings will change with Bitcoin price fluctuations. You can use mining caculator to calculate your exact profit.
At least, we know in 3 months ETH price is Not likely to drop.

Therefore, this contract can be earned undoubtly, the difference is that you have the courage to buy more and earn more. Or You are more cautious , bear less risky.

If you are worried, you can calculate by yourself and no investing, if you are interested, you can click my referral link.
Good luck!

Recently, I use MVU Cloud Mining platform to invest, so today I want to tell the choice way by analyzing MVU.
1. Cloud Mining in a Nutshell
Cloud mining is not buying a Bitcoin minerstoring it, configuring it, and cooling it (which costs a lot of money and consumes time), you “rent” a miner and have someone run it for you. You then split whatever profits that miner makes with the service provider.In short, cloud mining is a term describing companies that rent out mining hardware and mine for you. You split the profits with them (on top of paying them a fee) and avoid the need to buy and maintain expensive mining equipment.My main criticism about cloud mining companies is that the majority of them are just Ponzi schemes in disguise.I always tell people who ask me about cloud mining is that I think 99.99% of the companies who offer cloud mining services are probably scams.

They take your money, but they don’t actually buy and run miners for you. They just keep on paying you from new users that come onboard until all of a sudden, they disappear . However, not all cloud mining companies are complete scams. Some are just bad investments.0.01% of companies actually run mining hardware and mine Bitcoins for you. MVU Cloud Mining is one of them.

Today I want to dig in deeper into the cloud mining business model and try to answer the question – is it profitable to cloud mine Bitcoins?


2. MVU Cloud Mining Review
A reliable platform must be legit.

MVU Cloud Mining Has Got An Official Registration!
MVU Cloud Mining has received a status of the officially registered company and can act in a 100% legal space. The company's full name is MVU LIMITED. Our Hong Kong Company Registration Number is: 3028121. You can search for us on the official DATA.GOV.HK website to learn the full information on the platform.
The MVU cloud mining (mvu.com) has a global deployment of mining farms around the world, and has invested in several large-scale mines and IDC computer rooms in Asia. The main hashrate is mainly distributed in power resources Sichuan/Yunnan/Xinjiang/Inner Mongolia in China, as well as Kazakhstan/Russia.

The goal of MVU is to make cloud mining not only to cryptocurrency enthusiasts, but also for ordinary users. MVU greatly reduces the input cost of cryptocurrency miners through the method of sharing miner hashrate. There is no need to purchase expensive equipment, and there is no need to waste time for setup and maintenance, so that everyone can participate in cryptocurrency mining.
And we can find more evidence of its legitimacy by entering its TG group, Facebook and so on. There are MVU support teams and other users's screenshot of earning money in it's social appliacation.


3. Is It Profitable to Mine with MVU Cloud Mining?
The idea of cloud mining is very simple: Instead of spending thousands of dollars on mining hardware and all the necessary gear to support it, you can lease everything from someone else and keep the profits to yourself.The company that rents out the miners takes care of the maintenance and all of the hassle of setting them up. In order to answer the question of profitability, all you need to do is run a few calculations.
I’m going to run my calculations on the $39 90-day ETH hashrate package  from MVU, which is also labeled as the “best buy”.

The contract period is 90 days, and 1MH/s is for $39. According to the ETH price now(you can see the current price in https://www.binance.com/  you can calculate by using mining calculator in mvu.com), the total income for 90 days is about $61.29. The profit is $61.29-$39=$22.29.
The limited quantity of $39 90-day is 1000. If you buy 1000 of $39 90-day contracts, your total cost is $39,000, and the total income for 90 days is about $61290. The profit is $61290-$39000=22290$. With the increase of ETH price, the profit will be more considerable.
Earnings will change with Bitcoin price fluctuations. You can use mining caculator to calculate your exact profit.


4.Conclusion – Is MVU Cloud Mining Legit?
In my opinion, I currently think MVU Cloud Mining is legit and it’s a good investment. But I still have opinions on its long-term development, but we can invest in some of its short-term projects, at least to ensure that we do not lose money, we need to seize every opportunity to make money, I will continue to pay attention to this platform.
Therefore if you want to choose a good platform, you should notice two points at least:
is it legit?(find evidence by looking for variety of socia applications)
is it profitable?(calculating)

Nowadays I join in MVU's affiliate program, if you think what I said is a little help for you, use my affiliate link to register, thanks.

It%u2019s hard to believe cryptocurrency has been around for more than a decade. Even more surprising is the development of cryptocurrency and the number of millionaires it creates. We%u2019ve all heard stories about people who forgot to buy bitcoin in the early days and then realized they were sitting on a lot of money. Many people will tell you that the era of easy money making with cryptocurrency is over, but the fact is, it%u2019s far from the truth. Cryptocurrency and bitcoin are still in the early stage of adoption, and there are still many opportunities to make huge profits from this emerging technology.

One of the main ways people first participated in and benefited from encrypting ecosystems was by mining coins. Mining is the act of lending the processing power of a computer to the cryptocurrency infrastructure. Computers are used to protect systems and verify people%u2019s transactions. In return, the miners will receive cryptocurrency. Initially, mining was quite easy and could be profitable on any computer or laptop. As time goes on, the competition in the mining industry becomes more and more fierce, and the mining process becomes more and more difficult. Nowadays, cryptocurrency mining is usually reserved for large enterprise projects, which use data centers full of specialized computers to complete tasks. Nowadays, profitable mining in China is no longer a viable option.

If you read this, then I assume you are interested in the current cryptocurrency phenomenon and the opportunities it presents as a potential investment asset class. In this article, I won%u2019t discuss the underlying technology behind blockchain (or entanglement) and how it connects to cryptocurrency in various forms. I will pay close attention to the comparison of investments through cloud mining services and direct purchases through various cryptocurrency exchanges (i.e. [censored]).
Buying cryptocurrency directly or subscribing to a service that can provide me with passwords is a question I was thinking about a few months ago. Although I have received different suggestions/ideas from friends who have participated in cryptocurrency, except for anecdotes and even articles with data, I have not found any conclusive suggestions to push me to one or another.


Supply constraints
If the mining time of a block is relatively stable, why does the supply of bitcoin grow at a slow rate? The answer is because bitcoin is %u201Chalved%u201D
The first bitcoin block, known as the %u201CGenesis block%u201D, produced 50 bitcoins. But for every 210000 blocks mined (about every four years), the return is halved. The first halving took place on November 28, 2012. The second was on July 9, 2016. The third is on May 11, 2020. Today, each piece produces only 6.25 bitcoins.
The largest supply of bitcoin ever was 21 million. This means that half of the total potential supply is generated in the first four years after bitcoin%u2019s launch. Before the next halving in 2024, 93.75% of the total supply will be mined. This table shows this pattern very well.
The impact of these cuts on supply may surprise you. By 2044, 99.9% of bitcoin will be in circulation, leaving only 20508 for mining. Within four years from 2080, only 40 bitcoins will be mined. Before the end of this century, less than one bitcoin will be mined every year. Eventually, the last bitcoin will be mined in 2140.
Therefore, although the price of bitcoin is close to the highest level in history, and the computing power used to mine bitcoin is also at the highest level in history, the supply of bitcoin is growing at the slowest speed in history for two reasons
Bitcoin protocol successfully adjusts the difficulty of mining a bitcoin. Although the computing power increases exponentially, bitcoin mines a bitcoin every 10 minutes on average. The reward will be halved for every 210000 bitcoins.
And now is the time to see commodity dynamics work.



Profitability
To achieve greater success, miners join so-called pools, where they combine their computing power and then receive a bonus from the blocks that have been successfully mined. The best bitcoin mining devices can cost as much as $3000, while older models can cost hundreds of dollars. Whatsminer m30s + + has a hash rate of 112 trillion per second. Assuming a conservative electricity cost of $0.07 per kilowatt hour, we can break even at the price of $7420 in bitcoin. Now it looks like a good deal, but remember, last April bitcoin was less than $7000.
Old models like the antminer S9, with a hash rate of only 13.5 trillion per second, can break even on $24730 bitcoin. When bitcoin mining takes less computing power and each block generates 50 bitcoins, this hash rate is acceptable. And it has been profitable recently. But if computing power fills the market and the difficulty grows faster than the price of bitcoin, then it may be a losing effort. This has happened several times before, when the price of bitcoin plummeted or the difficulty rose to the point where once profitable drilling platforms became unprofitable.
In the oil industry, if the break even price of each well is too close to the current oil price, new wells will not be drilled. That%u2019s why many oil giants have abandoned businesses that make money at $55 or more. That%u2019s why oil production stopped when oil prices fell below $40 between March and November last year.
Bitcoin is similar. If the profit and loss balance is too close to the current price, it will not buy new drilling platforms, and the miners will not mine. Even the best drilling platform can only earn about $17.50 a day at $30000 bitcoin (assuming the electricity charge is $0.07 per kilowatt hour). At $3000 per rig, it takes 170 days to break even. If bitcoin falls to $15000, it will take a year. If the network is full of computing power and becomes more difficult, you may not be lucky at all.



The difficulty of cloud mining
In most commodity-dependent industries, supply begins to increase as the price of the underlying commodity rises. When the price of gold or copper rises, the miners will respond by increasing production. It%u2019s the same with oil. Higher supply will eventually lead to lower prices and repeat the cycle. But something strange is happening to bitcoin: its price is close to an all-time high, but its supply is growing at the slowest rate ever. There are several reasons for this. In the early days, the problem bitcoin miners had to solve was relatively simple, and they didn%u2019t need too much hash function. A dirty old central processing unit (CPU) can solve this problem. But as time goes on, the puzzle becomes more and more difficult. This is because the founder of bitcoin decided that it would take about 10 minutes for each bitcoin to be mined to control the supply. With the surge of computing power, the difficulty also increases. The difficulty is adjusted every 2016 block %u2013 approximately every two weeks if it takes 10 minutes to mine a block. In theory, you can use the average hash rate and the time of each block of the first 2016 blocks to estimate the next difficulty number. But it%u2019s not a perfect science (because sometimes a block can be mined in 10 minutes just by luck).
In January 2009, the network hash rate was 4.21 million times per second and the diffully was 1.0. Today, the difficulty of the network is close to 20 trillion times, and the hash rate is about 150 million terahashes per second (th / s). One terahash is equal to 1 trillion times. This is one of the reasons for the surge in demand for NVIDIA%u2019s top-level graphics processing unit (GPU).
So part of our answer is that it takes twice as much computing power to dig out a bitcoin as it did 12 years ago, even though it takes about 10 minutes to dig out a bitcoin.
If you have the knowledge of cloud mining and general exchange trading, please feel free to skip the explanation section.



Trading on the exchange
It%u2019s a simple explanation. Buying and selling cryptocurrency through an exchange, such as a stock exchange, is like buying stocks. You can buy and sell according to the market price, or set a price limit order to automatically generate a sales order when the price reaches a certain threshold. Unlike the stock market, because these exchanges are hosted online,
For example, bitcoin is currently worth $15K. Now I can buy or sell some bitcoin at this price, or set a dollar amount, so that if / when bitcoin reaches this price, the exchange will automatically buy or sell it for me. If I set the threshold for buying bitcoin at $14K, the exchange will wait until the price of bitcoin is $14K before placing an order. If bitcoin is less than $14K, orders will remain open or incomplete. Open orders can be cancelled at any time.
Why do people choose to buy or sell cryptocurrency through exchanges? Just like buying stocks, you are guessing whether the value of coins will increase or decrease. Sometimes you buy shares in the network and can provide technical guidance on how they should move forward. Sometimes, coins are needed to get the services provided by the company.
Why do cloud mining companies choose countries with low electricity prices?
Fundamentally, to understand cloud mining, you need to understand some of the technologies behind cryptocurrency. A very basic conclusion is that when the blockchain network behind the currency borrows the computing power of the system to verify transactions or carry out any business it needs, most cryptocurrencies will be mined out. As a kind of payment to the users who provide the system to the network, they get cryptocurrency (this is a super general explanation of how it works, please correct me at any time in the comments below). Since everyone wants cryptocurrency now, some companies have created a service that allows people to buy computing power from them and allocate it to mining cryptocurrency. In this way, you don%u2019t have to connect your computer to the network, and you don%u2019t have to set up your own hardware to mine cryptocurrency. In addition, in most countries, the cost of electricity to keep the system running 24 / 7 makes the whole effort unprofitable, which is why companies selling services are usually based in countries with lower electricity prices.
When you subscribe to services from these cloud mining services, you are buying computing power and lending it to the cryptocurrency network. You can buy more or less computing power.
Why do people choose to invest in cloud mining? This may be because you don%u2019t feel like you need to actively monitor it. It will provide the same amount of power to the network every day, so you don%u2019t have to worry about falling prices. It may also feel like you%u2019re locking in the value of a coin for a specific price (more explanation later). Maybe if it%u2019s an open contract, you%u2019ll feel like you%u2019re investing in something that might last forever.
Recommended by cloud mining company
This is a comparison between some common cloud mining companies, and some reliable companies providing cloud mining services.



MinerFarm
Minerfarm is one of the well-known free cloud mining websites. It is known for being trustworthy, approachable, and easy to use.
Minerfarm works by offering you 100 GH/s free of charge, just by registering on their website. If that seems too low, you can always upgrade your plan and earn more. It is convenient and fast to withdraw money, and also provides customer support.
Join MinerFarm Now!




MVU Cloud MiningMVU cloud mining offers four different cloud mining plans. What is more attractive about MVU cloud mining is that you can choose short-term or long-term contracts. You can invest in short-term contracts when the interest rate of bitcoin or Ethereum is higher to get higher returns. MVU cloud mining has a commission plan, which allows users to earn a 5% commission by inviting friends to place orders.Join MVU Cloud Mining Now!

MultiminingWhile paying for cloud mining providers, Multimining has a free version of cloud mining. They offer you 30 GH / s as a lifelong program, just sign up to their website. The cool thing about multimedia is that they also have a recommender %u2013 if you bring more people to their website, you start to earn more encryption fees. The company is an established free cloud mining site, so check it out!Join Multimining Now!Before subscribing to the cloud mining service, I did some financial modeling to see if it makes sense. I do it for bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Monero (XmR). I%u2019ll show you the monero model, because this is my final subscription. I looked at: how much cryptocurrency will be mined during the contract period to see the available packages, and the revenue and profit will be determined according to the hash rate of the purchase and the length of time required to recover the cost of the subscription service. nowadays I USE mvu .com u can choose what you like.

The birth mechanism of Bitcoin, mining itself refers to the process of calculating the next hash value through hash power. Who can be the first to calculate it and notify the entire network to be verified, and whoever digs this block will own the block’s reward and the packaged miner’s fee.​
In the world of blockchain, we can take Bitcoin as an example:​
“Mine” refers to Bitcoin;​
“Mining” refers to the behavior of mining Bitcoin on the “blockchain network” of the blockchain;​
A “miner” refers to a person who uses mining equipment (for example, a bitcoin mining machine is a computer device that can be used for calculation) to participate in mining bitcoin.​


“Mining” is not about digging under a cave. In simple terms, mining is to use a chip to perform a calculation related to a random number, and exchange it for a virtual currency after the answer is obtained. Then virtual currency can be exchanged for currencies of various countries through a certain route. The chip with the stronger computing power can find this random answer faster. In theory, the more virtual coins can be produced per unit time. Since it is related to random numbers, rewards can only be obtained if the answer happens to be found. It is possible that one chip will find the answer in the next second, or it may be that ten chips have not found the answer for a week. The more chips are calculated at the same time, the easier it is to find the answer. Mining machines with built-in multiple chips have appeared. And multiple mining machines form a “mine” to mine at the same time to improve efficiency. In the mining pool, multiple “self-employed individuals” join an organization to mine together. No matter who finds the answer to dig out virtual coins, everyone will be paid according to the contributed hash power at the same time. This method can increase the income of “self-employed individuals” stable​
​
Now let me give you a easy example:​
I randomly write a string of numbers on a piece of paper and give some hints, and whoever guesses it right will be given a bonus (mining)​
Smart people can make more guesses that based on prompts (calculation ability)​
Someone invites many people to guess together by paying for them.(mine)​
Someone gathers everyone to guess together, no matter who guesses, the distribution of the bonus is proportional to the number of guesses made by each person (mining pool)​
As you can see from the above example, the smarter people can make more guesses, the greater the chance of guessing, and the more benefits they can get.​

At the beginning of April, I find a website- MVU Cloud Mining
I think I was one of the first one to eat crab, so I get great profits-$2000
So how did I do?
to be honest, I'm a novice in cryptocurrency. so I am very cautious, I first looked at the 3-day contract, its period is very short, which can ecovery my costs quickly .
$16 3-day hashrate for new users(off the shelf now)​

In April ETH's prce:
1M=0.0006ETH 1ETH=$2000

During three days, we have 150M every day. So , I could earn:
150M*3(day)*0.00006ETH*$2000
-$16(the package I cost)=$27
NOTICE!!!! At that time I find we can register accounts as many as we can!!!
fortunately, I seize the chance, and register about 50 accounts and get almost $1500 in a week.


Get 3-day 280MH/s hashrate contract(off the shelf now)​


Then MVU provide. a new short-term contract, which is also very beneficial for uses. I bought this contant on Apr. 28th.
On that day in MVU, we could get about 0.054 ETH for a hash rate of 280MH/s, which is equivalent to $14.5. I get $14.5*3-$29=$14.5
14- day Special offfer ETH hashrate(off the shelf now)​


On the same day, I also bought this contract, I get about 0.05734 ETH for a hashrate of 200MH/s in 14 days, which is equivalent to $145.(0.05433*$2669) The contract only cost you $99. I can get $46 after 14 days. Luckily, the prise of ETH is rising in that period of time. So actually I get $63at last. It’s very cost-effective.
Affiliate program​

I also tried the affiliate program of MVU, but I only invite 9 people. And this program is not off the shelf. I think yo will earn more than me.
Look, it’s my invitation record. I get about $215.

Complete some simple tasks to get about $10(START FREE)​
click "profile"-"my asset", you will find some simple tasks to complete, suach as reading an areicle, invite a friend and so on. They are all simple and at most take you 5 minutes, you can get about  $10 without investing.
$39 90-day hashrate for new users​


The contract period is 90 days, and 1MH/s is for $39. According to the ETH price now, the total income for 90 days is about $54.54. The profit is $54.54-$39=$15.54.
The limited quantity of $39 90-day is 1000. If you buy 1000 of $39 90-day contracts, your total cost is $39,000. I bought 20 contracts. And I withdraw every day. The minum of withdraw of eth is 0.02 in MVU. But there is no service fee in MVU because MVU use Binance.


If you are interested in mvu， you can click MVU here to register.
I think you can expeience its tasks, $39 contracts and its affiliate program.
start here https://b.link/tgtcr6

if anyone interested in MVU, please use my referral link. if you are worried, you don't need to invest, just register and complete some tasks that can earn money without spend money. Bro, use my referral link https://b.link/tgtcr6