Nuvoo.io is a company that was established in 2016 and registered in both Canada and Cyprus. Their office main quarters are in Quebec, Canada. They are focused on providing tools for people that are just starting to get into a crypto/mining world. They are offering Dedicated Miner. Collocation Miner and Cloud mining service. Nuovo.io is also offering high-quality solutions for large scale entrepreneurs and experts. It is providing them with one unit farm to tier-one multiple, at home dedicated mining farm. Their customer support is live and bilingual(English and French) and provides instant access to clients around the world. To summarize nuvoo.io is offering an opportunity to enter the Cryptomining industry with ease, and they provide u with starting requirements that u need to start growing your bitcoin business.
We mentioned earlier they are offering three different services of mining. Each of them has different options and possibilities, depending on your demands but cloud mining is currently the most popular way of making money and getting rich through bitcoin earnings. Even if it’s a pretty straight forward kind of business, it’s not one of those that can make u rich in few days. The bitcoin market is very difficult to comprehend and requires investment and patience. A lot of experts in this area stated that working with bitcoin is something that everyone can do but only people with virtues like patience can manage and have success in it.
What is cloud mining?
Cloud mining is a bitcoin mining process with the utilization of a remote data centre with shared processing powers. This type of bitcoin mining is allowing clients to farm and earn through bitcoin cryptocurrency without managing and setting up a professional hardware setup. Rigs that are used for mining are housed and maintained in faculties that are owned by larger companies and can be located anywhere in the world. A huge advantage in this type of bitcoin mining is that you don’t need to look after the hardware nor u need to check out data centres. Because cloud mining is a provided service, you only need to apply and purchase contracts, and a company that is providing u the service is taking care of the rest.
Since service is provided, there are different types of contracts that u can purchase and start your cryptocurrency business.
Contracts that can be purchased at nuvoo.io:
Nuvoo.io is providing you with eight different types of contracts, all of them are adjusted for clients and have their benefits only depending on your requirements. Every one of them is a standard 18months contract with the possibility of a discount that the company can put on display.
Starter pack contract: 45 USD
1.00 TH/s
Energy daily fee 0.17 USD per 1 TH/s
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 4.63 USD per month.
Bronze pack contract: 225 USD
5.00 TH/s
Energy daily fee 0.17 USD per 1 TH/s
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 23.12 USD per month.
Silver pack contract: 675 USD
15.00 TH/s
Energy daily fee 0.17 USD per 1 TH/s
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 69.35 USD per month.
Gold pack contract: 1,350 USD
30.00 TH/S
Energy daily fee 0.17 USD per 1 TH/s
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 139.13 USD per month.
Platinum pack contract: 3,375 USD
75.00 TH/S
Energy daily fee 0.17 USD per 1 TH/s
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 348.12 USD per month
Emerald pack contract: 6,750 USD
150.00 TH/S
Energy daily fee 0.17 USD per 1 TH/s
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 696.72 USD per month.
Diamond pack contract: 13,500 USD
300.00 TH/S
Energy daily fee 0.17 USD per 1 TH/S
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 1,390.80 USD per month.
Royal pack contract: 27,000 USD
600.00 TH/S
Energy daily fee 0.17 USD per 1 TH/S
0USD Maintenance fee
Hash power guarantee
Uptime 99.99%
Pre-order February 15th.
Profit estimation: 2,780.62 USD per month
Advantages and disadvantages of cloud mining with Nuvoo.io:
Nuvoo.io mining has a lot of advantages. Primary is that electricity of their farms in environmentally friendly and poses no threat to the environment. They are generating their electricity from a hydroelectric power station that is located very close to the farm, That is providing clients who have a contract with nuvoo.io to get minimal fees on prices for electricity anywhere in the world. An innovative HVAC cooling system has been installed on every farm and is providing a lot of benefits. It is very economical and it’s harmless to the environment. One of the biggest advantages at Nuvoo.io is that they are giving the possibility to their clients to check how things are going on the farms. With cameras that are placed on all of their faculties clients can verify and take a look inside Nuvoo.io working platforms. Users that bought contracts from this company can mine cryptocurrency as long as they have profit from it. All contracts are open, and when the contract ceases to make a profit, quality provided service team closes it without any more harm to the client’s account. On their website, u can also find a very convenient profit calculator. This tool is used to provide nearly specific information on how much u can expect to profit from your investment. It provides u with all the details required so u can easily confirm profit that is calculated.
Nuvoo.io is also offering multi-currency mining and usual mining allows you to extract only one currency. That means that their multi-currency algorithm chooses which currency is most valuable at the moment, and its mining it to make the most profit.
Anyway, there are also some disadvantages that this service has. They currently don’t have the option of creating a wallet. Clients are not able to make online pursue with the help of support. This problem also has a solution by creating a wallet earlier and adding it to Nuvoo.io.
Service also can mine only a few currencies such as Litecoin, Bitcoin and Ethereum which are all later changed to BTC.
To summarize, this service has great customer feedback and it’s proven that is trustworthy without any indication that is a scam.
Withdrawing money from nuvoo.io
Payments for users can be received daily and the withdrawal limit is 0…15 BTC.
Clients are able to create a virtual wallet if they use a service that is specialized for that. After that, they only need to link that purse to Nuvoo.io account and mined currency will be received by wallet and later on exchanged in the real money.
Payback from cloud mining?
The most common question asked now can be easily answered with the profitability checker option that Nuvoo.io is providing on its website.
Depending on your investment and the type of contract u have chosen, u can easily estimate the time that is needed for money that you invested to return to your pocket. For example, if u invested in a contract that is worth 225 USD u will be earning 0.7655 USD per day, 5.36 USD per week with small corrections along the way. Estimated time to get invested money and start earning profit would be less than a year and that is 12 months out of your 18 months contract. In conclusion, for investment of 225 USD, u will be receiving profit for the last 6 months of your contract.
Cloud mining in 2020
Report from December 2019 on the mining network from CoinSharesResearch, digital asset management firm presented this industry in good health at the end of 2019th. They stated that the hash rate almost doubled in the past six months. Continuous use of sustainable and renewable energy with the implementation of new technologies on the market has put cloud mining upper in the business ranks. The report indicated that miners were on their way of making 5.4 billion USD in total for revenue in 2019. That is significantly up from 2017 to 3.4 billion acquired. In the last 6 months, there were no larger-scale changes in structure. The bitcoin mining sphere is generating a positive momentum from 2019 and it’s transferring it to 2020. This increase in earning for cloud mining has been mainly attributed to more powerful, efficient and sustainable mining equipment. Also, strong average bitcoin prices played its role in the momentum of an uprising in 2019. According to reports, these new and more powerful machines first started in China, and therefore china has achieved the biggest rise in cloud mining for the previous year. Up to a total of 70%. The equipment has reached the western market and so it’s expected that in 2020 will have a major impact on this line of industry. Staying competitive with the Chinese mining industry will be a challenge but the western market has been growing constantly in the past couple of years, and with that being confirmed many experts believe that 2020 will be a year of cloud mining expansion in North America, South America, and Europe.
