FAQ | VOSMINING

About the VOSMINING Company

VOSMINING is a service that provides investors with the opportunity to rent real capacities of Bitcoin, Litecoin, Dogecoin mining equipment.

VOSMINING company has office in Armenia. The address in Armenia: Hrazdan, Gortsaranayin str.,1 (data center location)

Cloud mining is rent of mining equipment / hash power. In this case, you do not need to buy expensive mining equipment and do not bear any risks associated with its breakdown. You do not incur additional costs for the hosting and maintenance of equipment, as well as for any malfunction. When you buy a cloud mining contract, you pay a fixed amount for the use of devices located in the VOSMINING data center. The main advantage of cloud mining is the quick receipt of BTC, LTC, DOGE to your wallet. You do not need to wait for a pre-order of the mining equipment for more than 6 months and pay for it amounts over $ 10,000.

About mining

The minimum cost of a cloud mining contract is $ 55. However, for new users, the company provides a special trial contract for $ 10.

In order to start investing, you need to buy a cloud mining contract. By purchasing the contract, you are renting some power (TH/s). The higher the cost of the contract, the higher the amount of power you purchase. In order to choose the most suitable contract, you can use the convenient calculator on our website.

Cloud mining is a good alternative to self-mining and has many benefits. Below you can see just a few of them:

Ease of investment. With cloud mining, all you have to do is choose a contract that suits your risk profile, and you are on your way to making good profits. No technical knowledge required. Thanks to cloud mining, you do not have to configure the equipment yourself, carry out powerful ventilation and reliable wiring.

Flexibility. Cloud mining investments offer you different contracts, so you can choose the right contract by expiration date, investment size, risk profile, and even the expected bitcoin price.

Reliability. By investing in cloud mining, you can be sure that the data center is regularly serviced and the equipment is updated frequently to reduce the likelihood of its breakdown. Lack of noise and heating of the room. You do not need to place cloud mining equipment at home, which means that you can earn on cryptocurrencies and live without unnecessary noise and heating of the room.

Fast return on investment. Given the current complexity of the network, you can recoup your investment within six months. In addition, if the value of bitcoin rises, then you will receive additional income.

The mining contract is automatically activated. After payment, the contract will be added to your personal account. It will be activated within 24 hours after payment. You will receive the first credits to your balance within 48 hours after payment.

No, you don`t need to buy equipment. The main advantage of cloud mining is that there is no need to buy mining devices. When you buy a cloud mining contract, you rent a part of the VOSMINING equipment capacity and get btc, ltc, doge every day.

The service fee is the payment for electricity and maintenance by VOSMINING. The service charge is indicated for 1 TH/s per day. It will be deducted daily from your BTC, LTC, DOGE profit.

Of course, you can reinvest your earned funds. You can reinvest funds both in the purchase of a cloud mining contract and in the purchase of an investment portfolio. To reinvest in cloud mining, you need to have at least $ 55 on your balance.

Cloud mining payments are made daily. Funds are credited to your balance during the day.

Payment is available in BTC, LTC, and DOGE.

Of course, you can buy as many contracts as you like. The number of contracts per user is not limited.

The duration of the contract is measured in months. The minimum contract duration is 24 months. Maximum contract duration - 50 months.

About the withdrawal

You can withdraw money to the BTC Legacy wallet. These wallets start with the number 1 or 3.

You can withdraw money to the LTC Legacy wallet. These wallets start with the character L.

You can withdraw money to the DOGE Legacy wallet. These wallets start with the character D.

Usually there are several main reasons why you cannot withdraw funds. The first reason is insufficient funds. Withdrawal is possible from 0.001 BTC, 0.1 LTC, and 100 DOGE. The second reason is the lack of a wallet address. In this case, you need to go to Settings, section wallets and withdrawals and add your BTC, LTC, DOGE wallet there. If none of these reasons work for you, please contact technical support.

To request a withdrawal on the site, you need to go to your personal account, Settings, then Wallets and Withdrawal. Next, you will need to enter the wallet address and save it. Then click the Withdraw now button. The system will require you to activate two-factor authentication (2FA), indicate the required amount for withdrawal and select a commission.

Withdrawal Fee is the fee for the blockchain network to process your transaction. The size of the commission depends on the blockchain congestion: the less the network congestion, the lower the commission. VOSMINING has 2 commission options: regular and priority.

The withdrawal from the VOSMINING platform will be confirmed by the administrator within 24 hours. On weekends the administrator doesn`t confirm the withdrawals so the time limit can be increased.

General issues

A referral program is an opportunity to earn extra income by distributing a referral link. According to the VOSMINING referral program, a user (referrer) who provides a referral link for registering new project participants receives 7% from the first purchase of the referral contract who registered using the user`s referral link and 5% from all subsequent purchases. The reward is credited in hashpower (depending of what hashpower your referral purchases) to the user`s account. The referral link can be shared with friends, posted on social networks, blogs, electronic resources, etc. The referral program is valid only for contracts from the calculator and does not apply to promo contracts.

You can reset your password via this link https://www.www.vosmining.com/login you need to click on the "Forgot your password?".

You will receive an email with the link to create a new password.

2FA must be activated before the withdrawal. This is an additional way to secure your investments. You can activate 2FA in your personal account. You have to go to settings -> 2FA. Then you need to download the Google Authenticator app, if you don`t have it. Next you have to scan your QR code. After that the app will show you the confirmation code which you need to enter in your personal account. Then 2FA will be active.

You cannot turn off 2FA on your own. It`s an important step for the security of your investments so you`ll be able to turn off it only with the help of technical support.

Sure. You can pay for any VOSMINING product with your balance: select the product first and then select the payment method "Cryptocurrency" - pay with the selected coins.

You will see your funds within one hour. Don't worry if the funds don't appear immediately. The transaction is being processed.