IQ mining Review

About IQ mining

IQ Mining was legitimately released in early 2016 by the specialized group of blockchain IT engineers. This service is known by it with minimum operating fees. It was achieved because the service signed several exclusive agreements with local electricity companies where its mining equipment is located.  Almost 8000 miners have already joined the service. IQ mining has already paid its clients over $7,6 million. IQ mining is entirely legit cloud mining service. Corresponding authorities regularly check this fact.

Supported cryptocurrencies

Presently, IQ mining offers you to mine the following cryptocurrencies:

• Altcoin;
• Litecoin;
• Dash;
• Monero;
• Zcash;

How to start mining with IQ mining?

IQ mining is a so-called “bitcoin mining 2.0.” It is the newest tool in mining cryptocurrency mining industry. It unites lesser prices for Gh/s due to smart contracts with electricity suppliers. To begin miming with IQ mining, you should:

• Complete quick registration;
• Purchase the desired MH/s contract;
• Receive your first payment within an hour.

Pricing and Fees

IQ mining is free. It has neither maintenance fees nor extra payments connected with being their user. You only pay for your chosen contract. Presently, the service offers three mining contracts. These are:

Bronze contract

• Miming algorithm: Scrypt;
• Minimum deposit: 0.01 bitcoin;
• 1 MH/s = $5;
• Daily maintenance fee: $0.005 per 1 MH/s.
• No additional bonus;
• Withdrawals: weekly.

Silver contract (from 300 MH/s)

• Miming algorithm: Scrypt;
• Minimum deposit: 0.1 bitcoin;
• 1 MH/s = $4;
• Daily maintenance fee: $0.003 per 1 MH/s;
• Additional bonus on payouts: 10%;
• Withdrawals: daily.

Gold contract (from 3000 MH/s)

• Miming algorithm: Scrypt;
• Minimum deposit: 1 bitcoin;
• 1 MH/s = $3;
• Daily maintenance fee: $0.001 per 1 MH/s;
• Additional bonus on payouts: 20%;
• Withdrawals: daily.

Payment methods

You can pay for IQ mining services and withdraw all earned funds using the following payment methods:

• Visa/MasterCard;
• Bank wire transfers;
• Perfect Money;
• Skrill;
• WebMoney;
• Neteller;
• Diners Club;
• Maestro;

IQ mining promo codes

IQ mining offers various promo codes which allow getting a perfect discount for purchasing hash rates. To receive a valid promo code instantly, please contact the support department.

IQ mining profit calculating

In the “Pricing” section of IQ mining official website, you can find a profit calculator. It will help you to understand how much you can earn with the service. IQ mining profit calculator can be found via the link: https://iqmining.com/pricing.

For example, let us count how much you can earn if you desire to buy 300 MH/s. In this case, we have the following figures:

• Buy: 300 MH/s;
• Price: $1200;
• Daily income forecast: $12;
• Weekly income forecast: $83;
• Monthly income forecast: $356;
• Yearly income forecast: $4340.

Payout and withdrawal

IQ mining promises that you will get the first payout in an hour after you begin mining. The service takes no commission for withdrawal. All payouts are made daily. You will receive funds to your account within 24 hours after submitting a withdrawal request. The service automatically updates your balance every hour.

Security

IQ mining guarantees that none piece of your personal information can ever go to online thieves. This cloud mining platform uses the newest Secure Socket Layer encryption which is the most reliable method of online protection now. Most reputable world banks and financial institutions use the same technologies. Additionally, the state-of-the-art firewall is used to guarantee extra protection.

Customer support

In case you have any troubles with IQ mining work, send your inquiries to its support department. It operates day-and-night, and can be reached using:

• Online chat;
• Email;

IQ mining has the international support team, which means that there is no language barrier, which is a significant advantage.

Pros and Cons

Despite numerous pluses, the service also has some minuses. Let us have a closer look at IQ mining pros and cons.

Pros of IQ mining:

• Six supported cryptocurrencies;
• Minimum operating fees;
• You can mine several altcoins simultaneously;
• Genuine software for cryptocurrency mining;
• Minimum deposit amount: 0.01 bitcoin;
• International support team operates 24/7/365;
• Comprehensive security;
• Valid promo codes for discounts on purchasing hash power;
• Three available mining contracts;
• No withdrawal commission.

Cons of IQ mining:

• Bitcoin is not supported for mining;
• No entire transparency;
• Credit card payments may be charged with additional fees (depending on your bank).