Cloud Miner is a perfect tool for gettingthe additional benefits from using YouHodler app in a simple game form. Let's see what this feature offers.
How to start using Miner
To get into the Miner, just click the "Cloud Miner" button in the account menu.
How to start mining
Getting profit from YouHodler Cloud Mining is simple as 1-2-3....
1. On the main screen of the Miner you can find available blocks for mining.
2. To start mining the block click on it. Activation of the block is possible only with a sufficient number of Sparks. The cost of activation is reflected on the block itself. Sparks are written off at the start of mining the block.
3. If the block activation is successful, the mining time is displayed on the block.
4. When the mining is completed, click on the corresponding block. After this action, your balance will be updated and funds will be credited to your account.
5. Once you mined all blocks, to unlock all of them again, click the "Unlock all blocks" button to start mining again.
What is Spark?
Spark is a special "fuel" for your YouHodler Cloud mining activity. Please note that the Spark token that you see in the YouHodler Cloud Mining service is not a blockchain-related token, but a special internal currency that can be used inside the YouHodler Cloud Mining service only.
How can you earn Spark?
Depending on your level in the YouHodler Cloud Mining service, the conditions for receiving sparks may vary. So to find out the ways to get the Spark, it is necessary to familiarize yourself with the conditions of your current level.
For example, you can get sparks for MultiHodl trading:
Or, for example, support your level at a certain level and get sparks every few hours.
You can also get Sparks when you get a new level.
What does level affect?
Depending on your level, the conditions for using the Miner may vary. The detailed information about each level can be found by scrolling the Miner screen (or level tabs in the app).
"Reward per block" - the amount of BTC that can be earned for mining one block;
"Mining speed" - time required to mine one block;
"Available blocks" - the number of blocks available for mining;
"Mining cost" - the cost of mining one block in sparks;
"Free spark every" - the frequency of crediting free sparks for staying at the current level.
By default, you can see your current level, and by scrolling this screen to the right or left, you can familiarize with the other level conditions.
How can you change the level?
Depending on the conditions of the level, the upgrade conditions may vary. The conditions necessary for jumping to the next level can be tracked on the miner screen, and can be divided into two types.
1. Complete a required task.
2. Support the trading volume at a certain level.
The trading volume is the sum of the turnover of all closed MultiHodls (input amount * multiplier in USD) since the level was reached.
What happens when the level changes or it is confirmed?
The user's level can be changed if the level term expires, or the new level conditions are met. The level can being kept if the user supply the required activity.
In the event of a change in level or confirmation of the current one:
the number of blocks available for mining is restored according to the level of conditions
sparks spent for blocks activated by the user, but not transferred to the reward receipt mode, will be returned to the user before the blocks are restored
the reward for blocks activated by the user and transferred to the reward receipt mode will be paid to the user before the blocks are restored
the timer for receiving free sparks is updated according to the level of conditions
in the event of a change in level, a reward in sparks is issued according to the conditions of the new level.
How does mining work?
Cloud Miner is YouHodler’s unique feature - a crypto mining simulator and reward system that awards users for completing simple tasks. In simple words, it’s a Mining simulator built around the idea of simplifying and gamifying the Bitcoin mining process, without using the user’s device CPU resources. Finally, anyone can receive real Bitcoins.