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Breaking News: Cloud Mining Will Make it Easy to Earn Cryptocurrency Income in 2024 (Quick View)

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BCH miner cloud mining

BCHMiner simplifies cloud mining, providing an easy way to earn passive crypto income without expensive hardware or technical expertise.

Cloud mining is an increasingly popular way to earn passive income through cryptocurrency without expensive hardware or technical expertise. Top cloud mining platform BCHMiner offers simple and efficient solutions to help users maximize their profits. Whether you are new to cryptocurrency or an experienced investor, BCHMiner provides you with the tools you need to earn stable returns with minimal effort.

What is Cloud Mining?

Cloud mining allows users to mine cryptocurrencies by renting remote computing power without having to purchase and maintain mining equipment themselves. This approach eliminates the need to invest in expensive hardware, energy costs, or deal with the technical challenges of mining . Platforms like Bitcoin Mining can handle all aspects of mining, including maintenance and operations, so you can focus on making a profit.

BCHMiner works

Getting started with BCHMiner is quick and easy:

BCH Miner

1): Create an account: Sign up with your email. Sign up bonus $ 10 .

2): Choose a mining contract: BCHMiner provides a variety of mining contracts based on your budget and goals. The income of these contracts is fixed and the income will be distributed to your account every day. The principal you purchase the contract will be returned to you after the contract ends.

3): Start earning money: After selecting the contract, BCHMiner will manage the mining process for you. You will earn daily profits based on the rented mining power.

4) Withdraw or Reinvest: You can withdraw your earnings at any time, or reinvest them to increase your mining power and thus get higher returns.

Why choose BCHMiner ?

BCHMiner The reasons why it has become the leading cloud mining platform are as follows:

  1. Worry-free experience

BCHMiner takes care of all technical aspects, from setting up the equipment to maintaining it. You don’t need any technical skills or knowledge to start mining. BCHMiner Making it easy for anyone to start profiting from cryptocurrency without having to deal with the complexities of traditional mining.

  1. Continuous daily spending

Once your mining contract is live, you will receive earnings from your mining operations on a daily basis. This consistency ensures a steady stream of income that you can withdraw or reinvest to increase future income.

  1. Flexible contracts

BCHMiner A variety of contract options are available to suit different budgets. Whether you are starting small or looking for a larger investment, there is a contract to suit your needs. This flexibility allows you to expand your mining capabilities over time.

  1. User-friendly platform

The platform is designed to be easy to use, with a simple interface that makes it easy for even beginners to operate. You can easily track your earnings, view contract details and manage your withdrawals through the intuitive dashboard.

  1. Security and transparency

BCHMiner Prioritizing security, the platform uses advanced encryption and protocols to protect user data and funds. The platform also provides real-time updates on your mining performance and earnings, ensuring transparency throughout the process.

To maximize your profits with BCHMiner

To get the most out of BCHMiner , consider reinvesting some of your earnings into other contracts. This strategy can help you build more mining capacity and increase your daily profits. For new users, starting with smaller contracts and scaling up as earnings increase is another good approach.

In Conclusion

BCHMiner offers a straightforward and profitable way to cloud mining. With its hassle-free experience, flexible contracts, and reliable payouts, it is an excellent choice for anyone looking to earn passive income through cryptocurrency. Whether you are new to mining or an experienced investor, BCHMiner The platform can make it easy for you to maximize your profits.

Sign up now and start increasing your income with BCHMiner ‘s worry-free cloud mining solution!

For more detailed information, please visit BCH Miner official website: https:// www.bchminer.com /

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Economy

Customs Street Suffers First Loss in Nine Straight Sessions

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Lagos Customs Street stock exchange

By Dipo Olowookere

The Nigerian Exchange (NGX) Limited recorded its first loss in nine consecutive sessions after it finished in the red territory on Friday by 0.12 per cent.

This decline suffered by Customs Street was caused by profit-taking in the industrial goods sectors, which tumbled by 0.31 per cent at the close of trading activities.

It upturned the gains recorded by the other sectors, as the banking space grew by 1.66 per cent, the insurance counter expanded by 1.05 per cent, the consumer goods index appreciated by 1.03 per cent, and the energy sector gained 0.31 per cent.

When the market ended for the day, the All-Share Index (ASI) decreased by 118.93 points to 101,129.09 points from 101,248.02 points and the market capitalisation shrank by N72 billion to N61.303 trillion from N61.375 trillion it ended a day earlier.

Despite the poor performance, investor sentiment was bullish as the bourse finished with 39 price gainers and 15 price losers, representing a positive market breadth index.

Multiverse lost 9.80 per cent to trade at N4.60, Aradel Holdings tumbled by 9.09 per cent to N664.00, International Energy Insurance slumped by 8.13 per cent to N1.47, Coronation Insurance declined by 4.49 per cent to N1.70, and Nigerian Breweries moderated by 3.33 per cent to N29.00.

On the flip side, UAC Nigeria gained 10.00 per cent to close at N30.25, Honeywell Flour also increased by 10.00 per cent to N6.05, Universal Insurance jumped by 10.00 per cent to 44 Kobo, Learn Africa rose by 9.92 per cent to N3.88, and NAHCO improved by 9.89 per cent to N46.10.

During the session, investors transacted 515.6 million shares valued at N16.5 billion in 11,554 deals compared with the previous day’s 411.4 million shares worth N26.3 billion traded in 10,260 deals a day earlier, indicating a decline in the trading value by 37.26 per cent, and growth in the trading volume and number of deals by 25.33 per cent and 12.61 per cent, respectively.

Zenith Bank was the most traded stock for the session with 60.4 million units valued at N2.7 billion, UBA exchanged 43.5 million units worth N1.5 billion, Sterling Holdings sold 43.3 million units for N216.3 million, Universal Insurance transacted 28.3 million units valued at N12.4 million, and GTCO traded 23.5 million units worth N1.3 billion.

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Economy

Okitipupa, FrieslandCampina Buoy NASD OTC Market by 0.87%

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NASD OTC securities exchange

By Adedapo Adesanya

The NASD Over-the-Counter (OTC) Securities Exchange grew by 0.87 per cent on Friday, December 20, spurred by Okitipupa Plc and FrieslandCampina Wamco Nigeria Plc.

During the session, the market capitalisation of the trading platform added N8.98 billion to settle at N1.043 trillion compared with the preceding day’s value of N1.034 trillion and the NASD Unlisted Security Index (NSI) ended the day at 3,043.27 points after adding 26.20 points to the previous day’s closing value of 3,017.07 points.

Yesterday, the price of Okitipupa Plc went up by N2.98 to close at N32.72 per unit compared with Thursday’s closing price of N29.74 per unit and FrieslandCampina Wamco Nigeria Plc increased by N3.84 to wrap the session at N43.84 per share versus the preceding day’s N40.00 per share.

Business Post reports that the volume of securities traded at the bourse by investors on the last trading day of the week went up by 182.1 per cent to 1.2 million units from the 419,682 units recorded a day earlier.

In the same vein, the value of shares traded yesterday increased by 2,089.4 per cent to N51.2 million from the N2.3 million achieved in the preceding session, and the number of deals went down by 45.5 per cent to 12 deals from the 22 deals carried out in the previous session.

At the close of business, Geo-Fluids Plc remained the most active stock by volume (year-to-date) with a turnover of 1.7 billion units valued at N3.9 billion, Okitipupa Plc occupied the second spot with 752.3 million units sold for N7.8 billion, and Afriland Properties Plc was in the third position with the sale of 297.7 million units worth N5.3 million.

Also, Aradel Holdings Plc remained the most active stock by value (year-to-date) with the sale of 108.7 million units worth N89.2 billion, followed by Okitipupa Plc with 752.3 million units valued at N7.8 billion, and Afriland Properties Plc was in third with 297.7 million units sold for N5.3 million.

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Economy

Naira Falls as CBN Allows BDCs Access to FX Purchase from Official Market

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Naira to Dollar Exchange rate

By Adedapo Adesanya

The Naira suffered a marginal decline against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, December 20 by 0.02 per cent or 30 Kobo to settle at N1,541.68/$1, in contrast to Thursday’s closing price of N1,541.38/$1.

This marginal slide came as the Central Bank of Nigeria (CBN) moved to alleviate some pressure by allowing Bureaux de Change (BDC) operators to access the official market for a period of 50 days.

The CBN in a notice on Friday said BDC operators would have access to FX at the official market from December 19, 2024, to January 30, 2025, with a weekly cap of $25,000, with transactions requiring upfront funding at prevailing rates and must follow a maximum of 1 per cent spread.

This development trails the launch of the CBN-backed Electronic Foreign Exchange Matching System (EFEMS) which began operations earlier this month and has led to a rebound in the value of the Naira across markets.

The system is expected to instantly reflect data on all FX transactions conducted in the interbank market and approved by the CBN, giving traders real-time prices and buy-sell orders data.

But against the British Pound Sterling, the domestic currency appreciated yesterday by N6.46 to trade at N1,929.77/£1 compared with the previous day’s N1,936.23/£1 and against the Euro, the Nigerian currency depreciated by N60.21 to quote at N1,597.64/€1 versus N1,537.43/€1.

In the parallel market, the Naira maintained stability against the greenback during the trading session at N1,650/$1.

As for the cryptocurrency market, it was bullish on Friday after a hawkish tone in this week’s FOMC meeting flipped market sentiment ahead of the new year.

The positive outcome came as inflation slowed in the US and offered respite to the market, with Cardano (ADA) growing by 9.3 per cent to trade at $0.9825, as Dogecoin (DOGE) grew by 8.2 per cent to sell at $0.3463, and Ethereum (ETH) gained 4.1 per cent to settle at $3,535.49.

Further, Litecoin (LTC) increased by 3.9 per cent to $104.94, Solana (SOL) jumped by 3.3 per cent to $199.76, Binance Coin (BNB) soared by 2.2 per cent to $690.84, Ripple (XRP) surged by 1.9 per cent to $2.36, and Bitcoin (BTC) advanced by 0.6 per cent to $98,654.80, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) closed flat at $1.00 each.

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