XRP-to-Cloud Mining: Earn Daily Bitcoin Rewards with a $100 Welcome Bonus
Fleet Mining now accepts XRP deposits and converts them into cloud-mining power that mines Bitcoin on users’ behalf. The service positions XRP as a fast, low-fee funding currency for immediate activation of mining contracts without hardware, electricity costs, or technical setup. New users can receive a welcome bonus (reported $15–$100 range) to join starter plans. Example contract tiers cited: $100 (2 days, $3/day), $1,200 (10 days, $16.20/day), $6,000 (20 days, $96/day), $30,000 (45 days, $540/day). Earnings are distributed daily and can be withdrawn or reinvested. The article frames cloud mining as an easy way for XRP holders to access mining revenues indirectly despite XRP itself being non-mineable. A disclaimer notes the content is not trading advice and recommends independent research.
Neutral
This news is primarily product/service information rather than fundamental market-moving news about XRP or Bitcoin. It describes a cloud-mining service that accepts XRP as a funding method to buy mining power that produces Bitcoin rewards. For traders, the direct market impact is limited: the announcement may slightly increase short-term demand for XRP on platforms supporting deposits for onboarding, but any effect is likely small and temporary because funds are converted into mining power and returns are paid in mined BTC, not additional XRP supply. Similar promotions (referral bonuses, conversion services) historically create short-lived spikes in on-chain transfers or exchange deposits but rarely shift price direction materially. Short-term: potential modest uptick in XRP deposit volume and on-chain activity around launch and bonus windows; increased retail interest could create volatility but unlikely to sustain. Long-term: unless Fleet Mining scales to large volumes or similar services proliferate broadly, there is minimal structural change to XRP’s supply or demand dynamics. Traders should watch on-chain deposit flows, exchange order books for temporary imbalances, and the legitimacy/volume of the service; treat promotional ROI claims cautiously and factor counterparty risk. Overall impact: neutral.