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| Bitcoin, Ethereum, Litecoin |
Disclaimer:
All investments, including cryptocurrency, are speculative by nature and involves substantial risk of loss. I encourage everyone to invest carefully and I will not be held responsible for any wrong decision you make.
Important Update (2/01/2019):
Please note that GHS 4.0 is unavailable and they already updated it to GHS 5.0!
Register Cloud Mining
Cloud Mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.
One of the oldest cloud mining website is the Eobot, they have been operating since year 2013 and located in the United States, Eobot is a real-time exchange allowing trading between Bitcoin and other cryptocurrencies such as Ethereum, Litecoin, Bitcoin Cash, Dogecoin.
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| Eobot Sample UI |
Go to this link to register Eobot: https://www.eobot.com/new.aspx?referid=1252282
Important! DO NOT INSTALL ANY EOBOT APP, there are several Eobot phishing apps and there is NO APP FOR EOBOT.
Important! DO NOT INSTALL ANY EOBOT APP, there are several Eobot phishing apps and there is NO APP FOR EOBOT.
For mobile, don't forget to click the menu item:
Once registered, Eobot will send an email confirmation, please access your email to confirm.
After you login, an additional security called 2FA (Two Factor Authentication) will appear. 2FA code will be send to your email and you need that key to proceed, check your email INBOX and SPAM folder for the 2FA key.
1. After logging in, set the Mining to GHS (don't forget to set the mining to GHS 5.0 FIRST or this will not work!)
After you login, an additional security called 2FA (Two Factor Authentication) will appear. 2FA code will be send to your email and you need that key to proceed, check your email INBOX and SPAM folder for the 2FA key.
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2. Click Products then Faucet, (latter topic)
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| click on menu |
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| click on products |
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| click on faucet, wait for 5 seconds for the captcha |
3. Faucet Page will show up, enter Captcha (In this example, roast beef), then click Get Faucet Reward Button:
4. Once you finished claiming the faucet, check your GHS 5.0, in this example I already have 3.00763931 GHS
4. Once you finished claiming the faucet, check your GHS 5.0, in this example I already have 3.00763931 GHS
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| 3.00 GHS |
Finally, set the Mining to DOGE, to test if Dogecoin is running.
A sample of fully working eobot: https://www.eobot.com/user/1252282
If you still have difficulty, please refer to my video tutorial: https://www.youtube.com/watch?v=cwqqB4b8uXg
Note that you can claim Eobot's faucet once a day you need to select GHS on the mining first before claiming the faucet so that your faucet bonus will credit to your cloud mining.
Let's set this aside since 3.00 GHS will only earn like $0.01 per day. Our next goal is to increase the GHS so we need to claim from the faucets.
Transferring from Coinpot to Eobot
In this example, we will use BTC to transfer from Coinpot to Eobot. Make sure to read this if you don't have a Coinpot Account: How to earn in Cryptocurrency by viewing Ads
Go to Eobot, click on deposit and generate a BTC. This will generate a BTC Wallet Address.
Go to Eobot, click on deposit and generate a BTC. This will generate a BTC Wallet Address.
Once generated, go to Coinpot and click on the drop down box and click withdraw bitcoin core (Note, currently there is a 2000 Satoshi withdrawal fee for Bitcoin, but there is no withdrawal fee if it is more than 100,000 Satoshi).
On the withdrawal Bitcoin core page, enter the generated BTC Wallet Address from Eobot and paste it there
Important! Once you withdraw using Coinpot, an email confirmation will be sent to your email, you need to read/confirm before the withdrawal will proceed.
It will take a day or two to process, but once it is credited to your Eobot account, make sure to increase your GHS by clicking Exchange, then select the BTC to GHS.
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| Exchanging for GHS 5.0 |
Finally, set the Mining to DOGE, to test again if we are mining for Dogecoin
Withdrawal of Funds
Finally if we have reached at least 40,000 Satoshi, we want to withdraw the funds that was mined from Eobot to our Coins.ph account, to do this, go to Eobot and click on withdraw (Coins.ph only accepts BTC).
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| Withdrawal of funds |
Check the corresponding minimum withdrawal amount and their fees, and since there's a transaction fee of 20,000 Satoshi from Eobot to Coins.ph. My advise is to use DOGE since the transaction fee is only 1 DOGE, transfer it to Coinpot, from Coinpot convert it to BTC and withdraw it (again, there is a 2000 Satoshi withdrawal fee for Bitcoin, but there is no withdrawal fee if it is more than 100,000 Satoshi) from there to Coins.ph.
To know your Coins.ph BTC address, go to the Coins.ph app and click on Receive
Then you can find your BTC address here:
FAQ (Frequently Asked Questions)
Answer: Yes you can, but depending on your GHS, if your GHS is too low it may take a day to generate the coin (let's say Satoshi) and you won't even notice that it is already mining!
Question: Can I exchange my GHS to other coins?
Answer: No, GHS are contracts and they can't be exchange to coins.
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