BTC.com Reviews

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3.5/5

# Cloud Mining Providers

5,632 reviews

BTC.com is the world's most popular blockchain and mining pool website. It created a blockchain browser that’s quickly become the most popular one in the world by allowing users to view information on the chain in real-time. It is also the largest and most comprehensive mining pool on the market.

Review insights

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Truely score

Truely score heart icon

3.54

from 5,632 analyzed reviews

Pros

Reviews with positive sentiment

67%

Cons

Reviews with negative sentiment

33%

Last updated on May, 18

Better than the rest

84

Delivery is fast

75

Does exactly what it says

279

Easy to install

161

Easy to understand

152

App permission problems

66

Bad accessibility

180

Bad user experience

70

Compatibility issues

99

Connection issues

96

Features

Multi-currency

Miners

Payouts

Cryptocurrency

Buy and Sell

Sell Cryptocurrency

24/7 Support

Multiple Supported Cryptocurrencies

Automatic Payout

Web Access

Cloud-Based Software

Android Mobile App

iOS Mobile App

Forum Support

Pool Fee Discounts

Bitcoin Mining

Litecoin Mining

Ethereum Mining

Ranking

Overall ranking

Last updated on May, 18

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About the seller

Seller

Bitmain Technologies

Company Website

Frequently Asked Questions

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What is BTC?

BTC, or Bitcoin, is a well-known cryptocurrency. It uses a decentralized protocol, cryptography and a mechanism to obtain global consensus on the configuration of a regularly updated blockchain. This is done to facilitate the peer-to-peer exchange of value in the virtual world. Bitcoin exists independently of any government, state or financial institution, and can be exchanged internationally without the use of a middleman. 

How does BTC work?

Each Bitcoin is a digital file that is stored in a digital wallet app on a smartphone or computer. People can send or receive Bitcoins to your digital wallet. Every single transaction is recorded in a public list called the blockchain. It's similar to email, except that Bitcoin addresses should be used only once and you can disclose them to friends so that they can pay you or vice versa.

How safe is BTC?

The bitcoin investor plays a critical role in ensuring the safety of their bitcoin. You must keep your digital wallet's private key safe and secure, and you must be able to locate it again. It’s recommended that you keep bitcoin in a cold wallet, which is an offline storage device, instead of a hot wallet which is online. Cold wallet storage devices reduce the danger of online theft.

Is BTC mining legit?

Bitcoin mining in itself is legit. However, the service you use to mine or store digital currency can easily trick you if you don't do your research and investigate the website or service you're using. You can defend yourself from cryptocurrency frauds with a little bit of know-how and good judgment.

What is bitcoin mining?

Bitcoin mining refers to the process of introducing new bitcoins into circulation. Blockchain is the technology that forms the basis of Bitcoin. It is a decentralized ledger that records all network transactions. A block is made up of approved transactions that are linked together to form a chain. Consider it a public record that functions like a long-running receipt.


New bitcoins are created by solving extremely difficult math problems that verify bitcoin transactions. The process of adding a block to the Bitcoin chain is known as mining. When a bitcoin transaction is complete, miners receive a predetermined amount of bitcoins.
 

How does bitcoin mining work?

Bitcoin miners download the entire blockchain's history and piece together valid transactions into a block. The miner receives a block reward if the block of assembled transactions is accepted and verified by other miners. Transaction fees are another incentive for bitcoin miners to participate in the process. They are compensated in bitcoin when a new block of transactions is verified. Many miners join forces to form mining pools, which allows them to earn lower payouts with greater frequency than if they were working alone.

How to join BTC mining?

To put together a machine with better processing power and minimal energy usage, you will need to purchase a mining rig, along with a bitcoin wallet. A bitcoin wallet stores all of your Bitcoin information and profits. You may start mining right away if you join a mining pool. The group's miners work together to solve an equation and share the prize. This speeds up the process and makes mining easier.

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