I am sorry to report that the sites I mention below have apparently stopped paying.
Please do not invest your money in any of these sites. If they start paying again I will let you know, but at the moment please steer clear of them.
Miners are a relatively new way of making money online. While I have no proper understanding of how they work or how they generate their income, there is no doubt that they are set to become more and more important as a source of income for ordinary folk like myself.
I recently started using Legit Doge Miner and have been impressed with the account. I have found it easy to use, it has been around for a good long time, people I know have received instant withdrawals and it is looking very promising.
Click Here To Join Legit Doge Miner
Many people have been asking how to make the most of the program, so I thought it was time for a detailed post on how to build your account effectively.
First, a word of caution. You DO need to work cautiously with ALL miner accounts. By that I mean only add a small amount of funds to the account AND make regular small withdrawals. DO NOT add large sums of money because accounts doing this can get frozen. You are much better using several accounts to spread the funds around to avoid this issue.
The good news is by investing just a single $10 you can reach earnings of $10+ a day (click here to find out how to easily earn that first $10).
There is a bit of confusion about how this works, so here is an detailed explanation of what happens to show you the system. It is a bit complicated so please bear with me.
Ready for calculations?
With $10 deposit and purchase you earn $1.10 a day back for 10 days. This means that after 10 days you have a balance of $11. Not very impressive you might think!
BUT….
The magic starts happening when you use $10 to purchase your second contract.
You now have $11 – $10 = $1 in your account balance.
On day 1 you earn $1.10 = $2.10 in your balance
On day 2 you earn $1.10 = $3.20 in your balance
On day 3 you earn $1.10 = $4.30 in your balance
On day 4 you earn $1.10 = $5.50 in your balance
On day 5 you earn $1.10 = $6.60 in your balance
On day 6 you earn $1.10 = $7.70 in your balance
On day 7 you earn $1.10 = $8.80 in your balance
On day 8 you earn $1.10 = $9.90 in your balance
On day 9 you earn $1.10 = $11 in your balance so you can now purchase another $10 contract. This means that you now have 2 contracts running
On day 10 you earn $1.10 from your first contract AND $1.10 from day 1 of the next contract. You now have $3.20 in your balance as you had $1 left after the last $10 purchase.
Now you are earning from your second contract:
On day 2 you earn $1.10 = $4.30 in your balance
On day 3 you earn $1.10 = $5.40 in your balance
On day 4 you earn $1.10 = $6.50 in your balance
On day 5 you earn $1.10 = $7.60 in your balance
On day 6 you earn $1.10 = $8.70 in your balance
On day 7 you earn $1.10 = $9.80 in your balance
On day 8 you earn $1.10 = $10.90 in your balance so you can now purchase another $10 contract, leaving $0.90 in your balance.
On day 9 you earn $2.20 because you have 2 contacts running
On day 10 you earn $2.20 because you still have 2 contacts running
Your old contract now expires so you’re back to just one contract running, and your new contract has already run for 2 days.
You now have $5.30 in your balance ($4.40 plus $0.90)
On day 3 of your new contract you earn $1.10 = $6.40 in your balance
On day 4 you earn $1.10 = $7.50 in your balance
On day 5 you earn $1.10 = $8.60 in your balance
On day 6 you earn $1.10 = $9.70 in your balance
On day 7 you earn $1.10 = $10.80 in your balance so you can now purchase another $10 contract, leaving $0.80 in your balance
On day 8 you earn $2.20 = because you have 2 contracts running, so your balance is now $3.00
On day 9 you earn $2.20 = $5.20 in your balance
On day 10 you earn $2.20 = $7.40 in your balance
Now your previous contract ends, so you only have 1 contract running which has run for 3 days.
On day 4 of your new contract you earn $1.10 = $8.50 in your balance
On day 5 you earn $1.10 = $9.60 in your balance
On day 6 you earn $1.10 = $10.70 in your balance so you can now buy a new $10 contract. You now have 2 contracts running and $0.70 in your balance
On day 7 you earn $2.20 = $2.90 in your balance
On day 8 you earn $2.20 = $5.10 in your balance
On day 9 you earn $2.20 = $7.30 in your balance
On day 10 you earn $2.20 = $9.50 in your balance
Now your old contract comes to an end, so once again you have just 1 contract running – this contract is now on day 4.
On day 5 you earn $1.10 = $10.50 so now you buy another $10 contract, so now you have 2 contracts running with a balance of $0.50.
On day 6 you earn $2.20 = $2.70
On day 7 you earn $2.20 = $4.90
On day 8 you earn $2.20 = $7.10
On day 9 you earn $2.20 = $9.30
On day 10 you earn $2.20 = $11.50
Now you can buy another $10 contract to replace the one that has just expired. You now have 2 contracts running, one new and one that has run for 5 days, with a balance of $1.50
On day 6 you earn $2.20 = $3.70
On day 7 you earn $2.20 = $5.90
On day 8 you earn $2.20 = $8.10
On day 9 you earn $2.20 = $10.30
Now you can buy another $10 contract leaving your balance at $0.30, but you will now have 3 contracts running for the next day!
On day 10 you earn $3.30 = $3.60 in your balance.
Now the oldest contract expires so you once more have 2 contracts running.
On day 1 you earn $2.20 = $5.80
On day 2 you earn $2,20 = $8.00
On day 3 you earn $2.20 = $10.20
Now you can buy another $10 contract so for the next few days you will have 3 contracts running, making you £3.30 per day.
Do you get the idea?
The time it takes for you to earn $10 gets shorter and shorter. This continues to reduce as you progress with the account.
The amount of overlap when you have more than 1 contract running also increases. This is how you can reach earnings of $10 a day!
You just continue to work in the same way.
The whole system starts to speed up a lot as you go on. The calculations also get more complex, so let me just explain one important point:
As long as you continue to purchase a $10 contract from your earnings AS SOON AS you have the funds available, you will reach earnings of $10 a day from a single $10 deposit. If you want to reach that level sooner then simply start with a $20 or $30 deposit instead.
You can continue to do the calculations to work out for yourself how long it takes (though it does get a bit harder to keep track of when each contract starts and ends!) The important thing – especially as you progress – is to check your balance every day so you never miss the opportunity to purchase a new contract.
I cannot emphasise enough how important it is to not miss the ‘overlap’ days, where you can start a new contract while another one (or more) is running. It is this repeated overlap that enables you to make money from this system.
I might add that you can also do the same thing with LightCoin Auto Mining if you can spare another $10! And there is also Tik Mining which runs on the same principle.
As stated earlier, I would not advise you to spend more than you can afford, and certainly not more than $30 on these sites. $10 on each site will get you to $10 earnings quickly enough!
Don’t have $10 to spare? Find out how to earn $$ for free here.
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