IQ Mining Review

What is IQ Mining?

IQ Mining is a cloud mining service. This means that you can mine bitcoin and altcoins without having to actually buy the hardware and computer parts to do this for yourself at home. It is done 'in the cloud', using their hardware, their electricity, they maintain the computers and keep everything running smoothly. You just pay them for this service and they return your investment to you in the form of bitcoin.

The history of IQ Mining

IQ Mining has been around since 2016, offering customers various different contracts to mine for profit. They differ from other cloud miners since they use 'smart mining' instead of traditional mining. They run an algorithm that monitors mining performance. They will then switch the mining machines over to whichever coin is profitable to mine that day, rather than sticking to just one coin for the entire contract, like bitcoin or Ethereum for example. They claim that this will yield three times the amount of profit per each MH/s than other cloud mining services.

Cryptocurrencies Offered

Pricing and Contracts

Depending on which mining contract you take out with IQ Mining, your pricing and maintenance fees will vary. There are three tiers, bronze, silver and gold. All three tiers give you payouts daily.

Scrypt Mining

Bronze Account

If you buy up to 300 MH/s, you will be given a bronze account. 1 MH/s will cost you $3.00 and your maintenance fee will be $0.005 per 1 MH/s per day.

Silver Account

If you buy between 300 and 3,000 MH/s, you will be given a silver account. 1 MH/s will cost you $2.80 and your maintenance fee will be $0.003 per 1 MH/s per day.

Gold Account

If you buy 3,001 MH/s and over, you will be given a gold account. 1 MH/s will cost you $2.60 and your maintenance fee will be $0.001 per 1 MH/s per day.

SHA-256 Mining

Bronze Account

If you buy up to 3000 MH/s, you will be given a bronze account. 10 GH/s will cost you $1.00 and your maintenance fee will be $0.005 per 10 GH/s per day.

Silver Account

If you buy between 300 and 3,000 MH/s, you will be given a silver account. 10 GH/s will cost you $0.80 and your maintenance fee will be $0.003 per 10 GH/s per day.

Gold Account

If you buy 3,001 MH/s and over, you will be given a gold account. 10 GH/s will cost you $0.60 and your maintenance fee will be $0.001 per 10 GH/s per day.

Ethereum Mining

There are no maintenance fees for Ethereum Mining.

Bronze Account

If you buy up to 3000 KH/s, you will be given a bronze account. 100 KH/s will cost you $2.00.

Silver Account

If you buy between 300 and 3,000 MH/s, you will be given a silver account. 100 KH/s will cost you $1.80.

Gold Account

If you buy 3,001 MH/s and over, you will be given a gold account. 100 KH/s will cost you $1.60.

ZCash Mining

There are no maintenance fees for ZCash Mining.

Bronze Account

If you buy up to 3000 KH/s, you will be given a bronze account. 1 H/s will cost you $1.80.

Silver Account

If you buy between 300 and 3,000 MH/s, you will be given a silver account. 1 H/s will cost you $1.60.

Gold Account

If you buy 3,001 MH/s and over, you will be given a gold account. 1 H/s will cost you $1.30.

Dash Mining

There are no maintenance fees for Dash Mining.

Bronze Account

If you buy up to 3000 KH/s, you will be given a bronze account. 1 MH/s will cost you $3.00.

Silver Account

If you buy between 300 and 3,000 MH/s, you will be given a silver account. 1 MH/s will cost you $2.80.

Gold Account

If you buy 3,001 MH/s and over, you will be given a gold account. 1 MH/s will cost you $2.60.

Is it a scam?

People often ask if IQ Mining is a ponzi scheme or a scam? Is it legit? Can IQ Mining be trusted? They've been around since 2016, have online support chat and email support 24 hours a day, along with contact phone numbers in the United Kingdom and Russia. It is run by blockchain programming and IT engineers and is used by many people each and every day.

Security

IQ Mining has an SSL certificate (or https) on the website, meaning that all communications from your browser to their servers is encrypted.

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