Frequently Asked Questions
How can i reach you if i have further questions.?

Please send us an email with your request and concerns at info@alliancefxtraders.com or chat with us live.

What is the maintenance fees?

The maintenance fees covers all costs related to mining including :
Electricity cost
Cooling
Maintenance work
Hosting services

Is bitcoin Mining legal?

The simple answer is bitcoin mining is perfectly legal in most countries. However, there are some countries where Bitcoin mining and possession of Bitcoin is illegal. On a global scale, with a few exceptions, Bitcoin mining is considered to be legal in many places.

How can i withdraw my Profit?

#Step 1: Click on request Payouts
#Step 2: Choose Payout Option and input the wallet address you want your payment to be paid into.
#Spet 3: Request a payout Confirmation code.
Once you get the code, insert it on the code box bellow ,thick I am sure i want to preform the selected operation then Submit.
Funds will be credited almost instant within 1mins - 12hours

How can i fund my account?

#Step 1 : Select an investment plan
#Step 2 : Input the amount you wish to deposit
#Step 3 : Choose a ROI Model
#Step 4 : Select Investment Funding Medium then click Proceed
#Step 5: Copy the address generated and send the exact amount you inputted. click on Indicate Funding once you're done.
#Step 6 : Indicate the current Wallet Address / Account from which you made the funding.and Attach an image showing the transaction success.

We currently accept payment in Bitcoin, Litecoin and Ethereum at the moment, more options of payment will be available in near future..

Which mining algorithms and architecture types are used for mining?

Most cryptocurrency protocols utilize different proof-of-work mining algorithms to enforce their blockchain rules.
These are the types of architecture we deploy for mining the following crypto : Bitcoin/ASIC/SHA-256 - Litecoin/ASIC/Scrypt - Zcash/GPU.
NOTE: Developers may make changes to features and specializations of the algorithms over time.

What coins can i mine?

you are able to mine Bitcoin and other various coins. The more coins you can mine depends on the hardware you purchased.

What is a Mining Pool?

Mining pools are groups of cooperating miners who agree to share block rewards in proportion to their contributed mining hash power.

What Mining Pool is Koin Squirrel using?

We do not publish a list of the pools we use. Our main criteria for identifying a good pool are: reliability, pricing structure and rejection rate.

what is the mining performance and why are you not mining yourself?

Besides the fact that we mine ourselves with the same hardware we offer our clients, our capital is limited. we believe that crypto mining is one of the best ways to earn cryptocurrencies.

How does bitcoin mining works with koin squrriel?

Your machine will be added to your profile, immediately you can start mining, prior to completion of investment package payment.

How does Cloud Mining works?

Cloud Mining means a host company owns bitcoin mining hardware and runs it at a warehouse. You pay the company and rent out some of the hardware. Based on the of hash power you rent, you will earn a share of payments from the cloud mining company for any revenue generated by the hash power you purchased.

What type of mining are you into?

Cloud Mining

What is Cloud Mining?

Cloud mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.

What is bitcoin and how is it mined?

Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain.
This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place.

What is bitcoin?

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.