My plan for passive income in 2026: Cloud Mining for $500. Check out how it works!"
🧐 FAQ: Everything you need to know about Cloud Mining on Binance
1. Do I need to have my computer on to mine?
No! In Cloud Mining, you rent computing power from Binance. Their machines run 24/7 in professional data centers. You just watch the profits in the app.
2. Can I lose the deposited $500?
Investing in mining carries market risk. If the price of Bitcoin drops drastically, and electricity costs (Electric Fee) remain high, the payback time for the investment will be extended. However, Binance is a safe platform, so you are not at risk of losing funds due to fraud (scam).
3. When will I receive my first earnings?
After purchasing the contract, you must wait for it to start (usually a few days – the date is provided upon purchase). When mining starts, the first BTC will arrive in your Funding wallet after a full day has passed.
4. Can I sell the contract early?
Currently, Binance does not offer a secondary market for Cloud Mining contracts. By deciding to purchase, you freeze your capital for the entire duration of the contract (e.g., 180 days).
5. How much can I realistically "pull out" from $500?
It depends on the BTC rate. In a stable market, you can expect about 10-15% profit annually over the invested capital, but if BTC skyrockets, your real profit in dollars can be significantly higher.$BTC #bainace