Bitcoin Reviews

Bitcoin logo
Truely score heart icon

3.3/5

# Cloud Mining Providers

70 reviews

Bitcoin is a digital currency designed to work as legal tender, just like traditional currencies. There are many advantages of using bitcoin over the traditional system. Bitcoin is decentralized, meaning there's no one entity that has exclusive control over it. This makes it difficult to question or alter the transactions.

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Truely score

Truely score heart icon

3.29

from 70 analyzed reviews

Pros

Reviews with positive sentiment

63%

Cons

Reviews with negative sentiment

37%

Last updated on May, 17

Backups my data

2

Convenient

2

Easy to install

5

Easy to use

5

Free version is great

2

Account setup is hard

2

Doesn't work

3

Doesn't work on android

4

Doesn't work on my phone

2

Don't waste your time

2

Features

Multi-currency

Miners

Payouts

Cash,Cryptocurrency

Buy and Sell

Sell Cryptocurrency

24/7 Support

Multiple Supported Cryptocurrencies

Full History Records

Automated Smart Mining

GUI Miners

Console Miners

99% Pool Uptime

Real-Time Analytics

Custom Pool Allocation

Automatic Payout

Multiple Language Support

Cryptocurrency Wallet

Payouts in Cryptocurrency

Buy and Sell Cryptocurrencies

Web Access

Ranking

Overall ranking

Last updated on May, 17

Bitcoin Alternatives

Check more alternatives

About the seller

Seller

Saint Bitts LLC

Frequently Asked Questions

Truely is based on AI algorithms that are getting smarter every day.
What is bitcoin mining?

Bitcoin mining is the process of adding information about transactions to its public ledger, which is called bitcoin. Miners compete with each other to complete the tasks needed to process transactions.

How does bitcoin mining work?

Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions. People want to mine cryptocurrencies because they are a safe store of value and can be used for the purchase of physical goods. Typically people mine to pay their electricity bills or fund family vacations. With Bitcoin mining becoming more and more popular, there has been an increased demand for mining equipment. This has led to a boom in the crypto-mining industry, where crypto miners have become some of the largest consumers of general-purpose graphics processing units (GPUs).

How much electricity does bitcoin mining use?

Bitcoin mining uses a lot of electricity, but it's not clear on how much exactly. There are many different estimates, but some of the more popular ones put the figure at around 18.7 million kWh per day.

How to build a bitcoin mining rig?

There are a few steps to build a bitcoin mining rig. You need to assemble the parts, install the software, connect to the internet and finally run the software.

Buying a new mining rig can be quite complicated and intimidating as there are many steps involved. However, with the right tools, it is easier than you might think. With the help of Bitmain Antminer A3 miner, you will be able to watch your investment grow in no time.

How profitable is bitcoin mining?

There are many ways you can earn money from bitcoin mining, such as selling the mined coins, renting out hashing power or selling services related to bitcoin mining. Since mid-2017, however, mining profitability has been on a downward trend.

How to join a bitcoin mining pool?

Mining pools are a good way to make money with bitcoin. The more people join the pool, the more shares you get and the more money you can make.

If you have some bitcoins in your wallet and want to join a mining pool, it is best to do so on an exchange that supports mining pools. You can sign up for any of these exchanges or use one of the many online tools available for this purpose.


Once you have signed up for an exchange, you can select which pool you want to join from within the exchange interface. Most of these pools will require your full node information before they allow you to join them. This means that if your computer has already been connected to the internet with your current IP address, then it will be easy for the pool to locate your node. Starting your mining software with the same IP address and port number as the pool is also a good idea for this reason.

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