SHA-256 mining cloud legit site , hashing alogarithm

Back when altcoins were trending we used to often list coins based on their hashing algorithm, specially for miners. It helps specific set of miners to choose and mine a particular coin based on its profitability. Now altcoin mining seems like a thing of a past. Particularly since they are no longer profitable for hobby miners and individuals operating few mining rigs.

Anyways, now that a new cycle have emerged mining is slowly starting to catch up. If you already own a mining rig then do some research, head to whattomine or other mining calculators and pick a the coin that you feel will outperform in this cycle. Also check our algorithm lists where we almost covered every PoW (Proof of Work) mining algorithms and their coins except few ASIC ones like for example SHA-256.

If you own Bitmain’s Antminer or any Bitcoin ASIC miner and are looking to mine coins other than Bitcoin then the following post is for you.

Bitcoin is not the only coin that uses SHA256 algorithm. There are hundreds of SHA256 coins that you can mine using your Bitcoin miner. Here in this post we’ll be listing some of the popular coins based on SHA 256.

But first let’s take a quick look at SHA-256 hashing algorithm. What is SHA256 and how it relates to Bitcoin?

SHA-256 algorithm

SHA stands for Secure Hash Algorithm. It is one of the number of cryptographic hash functions. SHA-256 is a member of the SHA-2 (Secure Hash Algorithm 2) family.

SHA 2 is a set of cryptographic hash function which is the successor of SHA-1. It was designed by the United States NSA (National Security Agency) and was first published by National Institute of Standards and Technology (NIST) as a U.S federal standard (FIPS).

SHA256, or Secure Hash Algorithm 256 is a hashing algorithm. Just like any other cryptographic hash functions, SHA256 is used to convert any input of random size into a fixed size string. That is it takes any input and produces output (hash) of fixed length. It doesn’t matter whether the input is a single letter, word, sentence or an entire book. The output of SHA256 hashing algorithm will always be the same length.

The SHA-256 outputs are 256 bit (32 bytes) hash which are displayed as 64 alphanumeric characters. This generated 256-bit hash is near unique. Also it is a one way hash function which cannot be decrypted back to its original. That is the hash can be generated from any piece of data. But the data cannot be retrieved from the hash. This makes SHA-256 one of the strongest hashing algorithms available.

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Here you have all the tools and features required for new generation mining.

Every new SHA-256 member who joins using your unique referral code will bring you 5% direct referral commission on their hashpower purchases.

SHA-256 platform is designed for users looking for flexibility, power and profitability. Mining facilities, which are constantly renewed with its expert technical team and benefit from sustainable energy resources, can be accessed by all users with the internet without any KYC.

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State-of-the-art mining facilities

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What Differentiation does SHA-256 have to offer

SHA-256 easily tops the list of cloud mining companies in the world with its superior feature set and state-of-the-art cloud mining facilities in 7 countries. By using the cloud platform, it enables people from more than 100 countries to start Bitcoin mining in just a few clicks. Anyone can start cloud mining in 5 easy steps:

• Sign up for free without any KYC documents.
• Choose a suitable mining period and adjust hash power.
• Purchase using any of the available payment modes.
• Your daily mining rewards will keep depositing into your account.
• You can withdraw your mined BTC to your personal wallet without any fees.

As they continue to innovate, they will continue to push the boundaries of what can be achieved with our mining farm.

Smart Tools For Better Bitcoin Mining

SHA-256 user panel provides every smart tool you may need during mining activities including dynamic profit calculator, multiple mining activities panel and a secure wallet.

Hack-Proof Security

We are dedicated for the security of your investments and personal data. We make big technical investments and continuous R&D every year in this regard to keep our promise.

How do Cloud Mining Contracts work

Anyone who wants to do Bitcoin mining on SHA-256 must buy any of its available mining contracts. The Bitcoin mining algorithm, SHA-256, is offered in all the contracts along with support and maintenance included in the contract price. The mining activities are carried out at high performance with the latest technology devices. Based on your budget you can choose the contract which differs in price based on mining time and the hash power.

It allows users to invite people in their networks and convince them to start Bitcoin mining on SHA-256. If their friends and families start mining on the platform, users earn a certain percentage of their mining earnings.

Mining SHA-256 algorithm

Bitcoin is using SHA-256 as its Proof of Work mining algorithm since its launch in 2009. Initially the algorithm was mined only using CPUs and GPUs. But slowly the mining hardware’s evolved making CPUs and GPUs less viable for mining Bitcoin. Today only ASIC (application-Specific Integrated Circuit) miners dominate the Bitcoin network.

There are many ASIC machines that mines SHA-256 algorithm but most of them are obsolete and no longer profitable. Each new generation of ASIC machines are capable of producing higher hash power making the previous ones obsolete. This is why it is wise to invest in coin directly then buying these ASIC machines.

Currently there are only few popular ones and according to Asicminervalue.com these are the only miners that are profitable in mining Bitcoin and SHA256 coins.

Bitmain Antminer S19 Pro (110Th), S19, S17+, S17 Pro, Bitmain T19, MicroBT Whatsminer M30S++, Canaan AvalonMiner 1246 and Innosilicon T3+ 52T.

If you have any of these machines then join any Bitcoin mining pool and start mining Bitcoin. You can also point your SHA256 miners towards NiceHash. It mines the most profitable coin at the current time and pays you in BTC. You can also use services like mining rig rentals to rent your ASIC machine or to purchase SHA-256 hash power. They will pay you in BTC as well. Or you can directly mine the SHA256 altcoins listed below. The choice is yours.

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