XRP News Today: SolMining Launches XRP-Powered Smart Contracts for Passive Income with Fixed Returns

SolMining has launched a new XRP-powered smart contract designed to allow users to generate passive income through cloud-based mining of cryptocurrencies such as Dogecoin, Bitcoin, and Litecoin without requiring any hardware or technical setup [1]. The initiative, which operates with fixed-term contracts ranging from 1 to 40 days, offers users the flexibility to start earning daily returns with minimal effort and risk. A key feature of this offering is the option to use XRP or other cryptocurrencies like SOL and BTC as the funding source, followed by the selection of a contract based on investment size and duration [1].

The contracts are structured to provide fixed returns, with a free $15 contract offering a guaranteed return of $15.50 after 1 day being the most accessible entry point for new users [1]. Higher-tier contracts, such as the Super Contract, offer significantly larger returns—$92,400 over 40 days—with initial investments of $55,000. All contracts include principal protection, meaning users' original XRP is returned at the end of the term along with the profit [1].

SolMining, established in 2017 and based in the UK, supports these contracts with a global infrastructure of over 600,000 mining machine clusters and 2 GW of clean-energy capacity across Kazakhstan, Canada, and Norway [1]. These facilities utilize a mix of air and immersion cooling technologies to ensure efficient and sustainable operations. By leveraging renewable energy sources such as hydropower, geothermal, solar, and wind, SolMining reduces operational costs, which in turn enhances the yields for users [1].

The flexibility of the contracts—offering daily profit settlements and the ability to withdraw at any time—makes them particularly attractive for users seeking short-term gains without long-term capital lock-up [1]. Over the past 60 days, there has been an increase in larger XRP holders investing in these contracts, with some earning over $10,000 daily through VIP tiers [1]. SolMining’s VIP program also offers additional incentives, such as interest boosts and cash bonuses, for high-volume investors.

To encourage new users, SolMining is offering a $15 bonus for sign-ups, allowing them to test the platform with no upfront risk [1]. The registration process is quick and straightforward, requiring only an XRP wallet and about a minute of time to get started [1]. Once a contract is activated, mining and earnings begin immediately, with no technical setup or maintenance required [1].

The launch of the XRP-powered smart contracts aligns with the broader trend of seeking passive income opportunities in the crypto space [1]. SolMining’s approach simplifies the process by removing the need for personal mining equipment, technical expertise, or exposure to market volatility. Instead, users can deploy their XRP into a structured and transparent environment that leverages real-world infrastructure and clean energy to deliver consistent returns.

The platform also emphasizes transparency, noting that its editorial content is created independently of marketing partnerships and that affiliate links used in the platform do not influence its analysis or reviews [1]. This reinforces the credibility of the offering and the integrity of its operations.

SolMining’s move reflects a growing interest in cloud-based mining solutions that make cryptocurrency mining more accessible and less resource-intensive [1]. As XRP continues to gain traction in the crypto market, such innovations may help further integrate it into the broader financial ecosystem.

Source: [1] SolMining Launches XRP (5-40 Days) Smart Contract to Maximize Your Passive Income (https://cryptonews.com/press-releases/solmining-launches-xrp-smart-contract-maximize-passive-income/)