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Official Website: https://gemtrx.net/
GemTRX added a new cloud mining option called The Mining Cycle Model to celebrate their one million partners. Because of the enhanced capabilities, participants may now deposit TRX from their promotional account into the new model. The Mining Cycle features a unique strategy separated into several stages. Let's look at what cloud mining is precisely, and the several options GemTRX has available to its users.
Crypto mining has never gone out of style since Bitcoin hit its 2nd all-time-high figures. But the concept and idea of cryptocurrency mining have modernized over the years. For people who do not want to take the traditional route, cloud mining services have become an asset because there are fewer expenses and more profits involved in this approach. Due to the advantages and convenience of switching to cloud mining, people from anywhere in the world can mine cryptocurrencies by opening an account with a service provider and then renting hash power at a nominal cost.
GEM-TRX is a uniquely-built cloud mining service made to ease the process of users renting out suitable hash power to mine crypto by paying an appropriate fee. This service is built on the Tron network known for being a safe, efficient, and high-performance blockchain that is perfect for cloud mining. This affordable cloud mining service ensures that its users have a budget-friendly way to mine cryptocurrencies. So if you are interested in being a part of the cloud mining revolution, then GEM-TRX is an ideal platform for them.
GemTRX pursues long-term strategic cooperative relationships with users through its future data analysis and rewards program. GemTRX is a cloud mining offering services on the Tron (TRX) network, providing a convenient and efficient TRX mining experience.
GemTRX allows users to mine the Tron (TRX) cryptocurrency at a low cost with its cloud service without dealing with the technical knowledge of setting up your mining equipment, hosting it on your own, and paying the various fees associated with it.
There are two main ways to earn with GemTRX. The first way is to simply deposit TRX to your GemTRX account and make a certain percentage of the deposit every day. Users can withdraw their earnings every day after verifying their accounts one time.
The second and more recent method introduced by GemTRX is the Mining Cycle, which is comparable to mining contracts. There are various mining cycles ranging from 7-days to ones over 60-days.
After placing TRX into the mining cycle, on a continuous basis, users will earn a daily return of 1.3% to 5% on their initial deposit. There are no exceptions to this, as users will accrue interest seven days a week. These gains will accumulate up to the maximum amount of the deposit value.
After the day is up, the entire sum, including the daily rate and principal, will be automatically restored to the promotion account. Users will be able to withdraw the amount in full.
7 days 1.3% – min 100TRX
15 days 1.6% – min 100TRX
30 days 2.5% – min 100TRX
45 days 3.0% – min 100TRX
60 days 3.5% – min 100TRX
90 days 4.0% – min 100TRX
120 days 4.5% – min 100TRX
150 days 5.0% – min 100TRX
Essentially, deposits in GemTRX are divided into two modes:
Recharge to the basic account and receive income according to the coordinated universal time (UTC) (after 24:00) every day. Basic Account is used to mine in cloud mining. You'll get 5%-10% daily profits and the withdrawal limit is 2.80%-6% based on your deposit amount.
Recharge into the promotion account, you can receive income according to different cycles. You'll earn a daily return of 1.3%-5% of your initial investment. The daily profits will accumulate up to the maximum amount of the investment value. Mining contracts also range from daily to 150-day contracts. This gives a lot of flexibility in investment for you. The best part is you don't need to know anything about mining to invest in this great opportunity. The returns are fixed for any period of time for which you invest. After the cycle end, the entire sum including the daily rate and principal invested in the mining cycle will be automatically restored to the promotion account and this can be withdrawn in full.
In addition to the various cloud mining options, GemTRX offers a rebate option comparable to an affiliate program. Check out the chart below for a breakdown of GemTRX's invite rebates:
You invite level 1 users, and if they complete registration, you'll get 30TRX.
Level 1 user invites level 2 user and completes registration, and you'll get 20TRX.
Level 2 user invites level 3 user and completes registration, and you'll get 10TRX.
Level 1 user deposit 1000TRX, you'll get 120TRX(12%)
Level 2 user deposit 1000TRX, you'll get 20TRX(2%)
Level 3 user deposit 1000TRX, you'll get 10TRX(1%)
Level 1 user mines 1000TRX and gets 50TRX, and you'll get 5TRX(10%)
Level 2 user mines 1000TRX and get 50TRX, and you'll get 2.5TRX(5%)
Level 3 user mines 1000TRX and gets 50TRX, you'll get 1.5TRX(3%)
GEM-TRX has an affiliate program for its users to get rewards when they share invites to join the affordable cloud mining services with their friends. To get additional rewards, users need to click on the "Share" button to receive a link that can either be copy-pasted or shared via social media. As a result, the user will receive a lifetime commission of 12% which is valid even if you do not invest money on the platform.
The cloud mining service of GEM-TRX offers a convenient and budget-friendly way to mine TRX i.e. Tron Network. Since its inception in 2018, TRX has proven its potential for becoming the successor of Ethereum. TRX has also launched its token standard dubbed TRC-20 which guarantees fast and inexpensive transactions.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.