Ember Fund is a Bitcoin mining application that actually pays it’s users real money after every month of mining. It is legit but in my opinion, there are some people who may not find it suitable considering the poor earning structure and the fact that it is slightly referral based.
Key Takeaways
- Ember Fund is a Bitcoin mining application that rewards users who mine consecutively with satoshis which can be withdrawn directly to one’s crypto wallet.
- It is legit and has been paying for years now.
- The main downside of ember Fund is the fact that, the earning rate is really low and insignificant for users without referrals. This makes it a slightly referral based earning app.
- Tasks often involve spending some satoshis because the free tasks and competition tend to earn so little for the user.
The truth is, alot of money can be made on the Internet but the problem is, being able to navigate the ones that actually pay amidst the numerous fraudulent schemes on the Internet. When I was newly introduced to ember fund, I thought it was just one of those scam platforms that are after generating money from users through ads and at the end crash or varnish when it’s time to pay, but ember proved to be entirely different.
So in this article in the bid to make you understand how to start earning passive income from the app, I will also chip in my experience during the 6 months+ of being on the application. You know people tend to believe when it’s coming directly from someone who’s been on the platform and not someone sharing an idea he or she hasn’t tried out. This article will cover all the aspects of ember fund, how it works, the best ways to earn and finally the downsides based on what I experienced.
What is Ember Fund and What Does It Offer?
Ember Fund is a crypto mining application that was launched some years ago. It allows users earn SATs on a daily basis by simply tapping a button on their screens every few hours for which, the satoshis can be withdrawn as Bitcoin to the exchanges selected by the users and traded for real money every month.
SATs is an abridged version of Satoshis and they are the smallest unit of Bitcoin, so practically it is not out of place to call it a Bitcoin mining app since you actually get paid in btc when it’s time for payment.
Fortunately, it is not just a mining app as there are many other ways of earning more sats such as completion of tasks, joining tournaments, playing games and also referring new users. You heard me right, when you refer new users you tend to earn a lot of money within a short period of time.
Option 1
Tournaments – when you join tournaments on ember, you earn extra money for free. Some of the tournaments are free of charge while others are paid but the bottom line is, it’s a great way of earning on the app with or without having much SATs balance.
Option 2:
Games: there are certain games you can play on the app to boost your SATs balance for higher BTC. The only common downside of going with the games is that, you have to stake a certain amount of your existing balance for a chance to earn more money. The most common games available are, Crash and Spinner.
You can earn double or triple of the staked amount while playing either the Crash or spinner game and there’s also a risk of losing everything. So there’s need to be careful and never stake all the SATs available on your account to avoid problems. To access the games, simply tap on games showing on your dashboard and follow the instructions.
Option 3
Referrals: this is actually the most convenient way to earn more Bitcoin for free on ember. When you refer new users, your mining rate increases. At the moment, you earn extra 1 SATs for every user that joins through your referral link or binds your code. It’s dynamic and as such, can improve or reduce as time goes on.
Despite the referral bonus unpredictability, it’s still the most convenient way of earning more sats without doing much.
How to Get Started
Ember is a mobile app, so if you are interested in joining, head to either Play store or App store and download the Ember Fund Application.
After downloading, sign up with your real details especially an email address you commonly remember and a username that can’t easily be forgotten. Reason is, should your phone get wiped or you log out, the username and password are the details you will use to regain access to the account. Bind this referral code after creating an account – MNGRSCJ3OBW
When you are done with registration, you will be logged in and shown the various options and features available, with a bold “Start Earning Bitcoin” button at the center.
Click on it and your miner will commence. For new users, the mining rate is usually low but the earnings can be increased significantly when you refer new users.
How Do Users Get Paid?
As a user, you get paid via Bitcoin and the minimum withdrawal is $2. So you need to mine, join tournaments both free and the paid ones till you earn up to this amount, then you can either decide to use the in-app wallet to receive the money or the wBTC method.
I have written an article about how to withdraw from Ember Fund using Metamask, you can check that out for better guidance. The advantage of using the wBTC method is, you get to withdraw for little to no fee but if you use the native wallet, you might pay a lot of fees to send it out.
Final Verdict
When it comes to whether ember fund is legit or not, the answer is clear and evident to even the blind. This mining app was launched some years ago and ever since it launched, there’s been no complaints anywhere about their payment not coming and personally speaking too, for the 6 months of being an active miner, I have never had any reason to doubt the legitimacy of the app, neither has my payment been delayed for once.
If you are looking to earn some passive income on the Internet, then you may have to add ember on the list of considerations. Reason is, you don’t have to do anything apart from coming back to the app to reactivate miner every 12 hours and also join tournaments or play games.
But like every other thing there are certain downsides that are also worthy to be mentioned and they are as follows;
1. The first is that the most convenient way to earn money is by referring a lot of users through your link. If you try to participate in the free tournaments, the amount to earn even after predicting correctly is usually very low and if you should stick to free tournaments, it will take a long time for you to reach minimum withdrawal.
Referring is cool because it boosts a users mining rate but can everyone refer? The answer is no. So ember fund is kind of unsuitable for people who don’t have the capability of building even a little team, unless you have the financial capacity to fund your ember wallet and start participating in paid tournaments.
2. Account recovery issues – if you mistakenly lose your device, to regain access to your account, you need to know the username you selected while signing up and also get approval from your initially logged in device. It’s a security measure but it can be highly disadvantageous to users. If the previous device cannot be used to approve the login, you will have to wait for 14 days before access to your account can be regained.
This is one very annoying thing about ember fund that affected my earnings significantly when I joined newly; even though it’s a security measure, I regard it as a major downside all new users should beware of.
3. The mining rate is dynamic, sometimes it surges up to 2/3 per referral and sometimes it can go down to 0.5/1 sat per hour; making the earnings unpredictable especially if you are reliant on boosts from referrals.
4. Stand a chance of losing all your mined SATs while playing the games available on the app. The games work in similar way as gambling, so the higher the SATs staked, the higher your risk of losing all, both in the spinner and crash games.
Pros
- Highly rewarding referral program
- Payment is certain
- Active support system that can be contacted on Discord and via Mail.
Cons
- Poor earning structure for people who can’t build an active team.
- The 12-hour mining period makes it a little bit stressful for busy people.
- The free tournaments are not rewarding enough. Only way out in this situation is to join tournaments with your mined SATs.
- Dynamic mining rate which makes earning highly unpredictable.
Conclusion
Ember fund is not a new name when it comes to crypto mining. They have been paying for a very long time now but it’s clearly best for some category of people and not everyone. If you can build an active mining team, ember fund is perfect for you. But if you can’t build a team, it may take longer before you are able to hit the minimum threshold.
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