1.VeryHash Introduction
VeryHash is an online trading platform for miners / hashrate. Through VeryHash, you can enjoy the following services:
1. Query all BTC miners information, and clearly understand the actual situation of each model.
2. Own your miners, lifetime BTC mining, and trade at any time.
3. Simple and flexible loan policy, daily interest payment, repayment at any time.
(1) VeryHash is not cloud mining
1. VeryHash does not sell mining contracts for limited days.
2. VeryHash sells BTC mining miners by hashrate unit and provides hosting service.
3. Own your miners, lifetime BTC mining, and trade at any time.
(2) BTC Mining is more profitable than BTC buying
1. 2018.12-2019.7, the rising range
2. 2019.9-2019.10, the rising&falling range
3. 2019.6-2019.12, the falling range
From the results, we can see that, as a value-added means, BTC mining is actually safer than only BTC buying, and the revenue is also higher.
2. PC Instructions
Step One-Choose your miner to form your strategy
As you can see in the screenshot:
1. There are 6 miners to choose from;
2. The basic hashrate unit for mining and trading on VeryHash is TH/s(=1000GH/s)
3. Daily payout of 1 TH/s is the same among miners, but the electricity fee varies because of miner efficiency, the newer model costs less electricity per TH/s thus it’s more expensive.
4. Your daily income can be calculated in two ways: a)Realtime value of your daily mined BTC deduct your daily electricity fee, get you daily profit from mining. b)Fee/Revenue ratio means you are buying BTC with the price ratio with your electricity fee, for example, if you own enough Antminer T17 hashrate, you are buying $100 worth of BTC daily with $56 electricity fee.
Step Two-Buy hashrate in the market
1. Go to market page(or tab in the app), you can see all the pairs of different hashrate, as in the screenshot, you choose to buy Antminer T17 hashrate with USDT, you can see someone is selling 29.97 TH/s at price 13 USDT.
2. Deposit USDT(Omni or ERC20) in the wallet and you can start placing orders to buy. You can also deposit BTC or ETH if you prefer to buy under BTC and ETH pair.
3. Confirm your order after filling the price and unit number, if your order is matched, you will receive email or SMS of your successful purchase.
Step Three-Mine your hashrate & monitor status
1. Go to dashboard page.
2. Your daily payout will be distributed and electricity fee will be charged when payout countdown ends based on how much hashrate you have in your mining account.
3. You BTC mined will be distributed directly to your account wallet.
4. Click detail of your hashrate, you can see all running status in the mining pool and previous payouts.
Step Four-Sell your hashrate and exit
You can always stop mining by selling them in the market. It’s the same with buying your hashrate. By doing so, you can recover your initial capital and hopefully make some extra margin profit!
3. APP Instructions
Step One-Choose your miner to form your strategy
As you can see in the screenshot:
1. There are 6 miners to choose from.
2. The basic hashrate unit for mining and trading on VeryHash is TH/s(=1000GH/s)
3. Daily payout of 1 TH/s is the same among miners, but the electricity fee varies because of miner efficiency, the newer model costs less electricity per TH/s thus it’s more expensive.
4. Your daily income can be calculated in two ways: a)Realtime value of your daily mined BTC deduct your daily electricity fee, get you daily profit from mining. b)Fee/Revenue ratio means you are buying BTC with the price ratio with your electricity fee, for example, if you own enough Antminer T17 hashrate, you are buying $100 worth of BTC daily with $56 electricity fee.
Step Two-Buy hashrate in the trades
(1) Buy hashrate in the trades
1. Tab trades in the app, you can see all the pairs of different hashrate, as in the screenshot, you choose to buy Antminer T17 hashrate with USDT, you can see someone is selling 29.97 TH/s at price 13 USDT.
2. Deposit USDT(Omni or ERC20) in the wallet and you can start placing orders to buy. You can also deposit BTC or ETH if you prefer to buy under BTC and ETH pair.
3. Confirm your order after filling the price and unit number, if your order is matched, you will receive email or SMS of your successful purchase.
Step Three-Mine your hashrate & monitor status
1. Tab dashboard in the app.
2. Your daily payout will be distributed and electricity fee will be charged when payout countdown ends based on how much hashrate you have in your mining account.
3. You BTC mined will be distributed directly to your account wallet.
4. Click detail of your hashrate, you can see all running status in the mining pool and previous payouts.
Step Four-Sell your hashrate and exit
You can always stop mining by selling them in the market. It’s the same with buying your hashrate. By doing so, you can recover your initial capital and hopefully make some extra margin profit!
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