Looking for the best and trusted cloud mining website? Well, well you are in the right place. We are here to give you the list of best cloud mining sites that are making round on the internet.
Are you bothered to rent the hardware equipment and mine by yourself? Cloud mining can help you in this regard. We will go through each and everything from what cloud mining is to how you can rent out equipment to make sure your mining process runs smoothly. Let’s dive into this!
What is cloud mining?
Cloud Mining is a process in which you take part in a mining pool and purchase a certain amount of “Hash Power”. An equal proportion of profit is distributed among all the participants who take part in the mining pool on the basis of allocated hash power. It allows you to mine cryptocurrency without installing any hardware. There are many companies that do this hard work for you and participate in cloud mining for you at a very basic cost. if you are looking to earn free cryptocurrency or bitcoin here is our perfect guide for best bitcoin faucets.
Best cloud mining sites 2021
To start cloud mining, there are various top legit cloud mining sites that ensure the best security for your assets and provide a comprehensive list of features. The following are the best and top-rated Bitcoin cloud mining websites in the market.
1. IQ Mining
In late 2016, IQ mining started to provide its services. There are quite positive feedbacks from the customers these days.
The company provides remote equipment enabling users to rent them out to join cloud mining. Within a limited time, IQ Mining has grabbed almost 50,000 users. There are three different packages available depending on your wishes and investments.
- Bronze Packages
- Silver Package
- Gold Packages
There are many cryptocurrencies available from which you can choose for mining. The registration is free with no subscription fee. There are smart contracts available to reduce the risks.
IQ Mining has a very soft and user-friendly interface. As it is based in Europe, the platforms provide four major languages (French, Spanish, Russian, and English). The profit forecasts are quite high compared to investments which are not understandable. The platform is suitable for small investments until it gains more acknowledgment from customers.
Genesis mining is one of the largest cloud mining company that offers bitcoin mining projects. Founded in 2013, the company held its reputation in the market by providing smart and easy investment solutions.
The company has over 2 million customers from around the world. When it comes to hash power, genesis mining is the largest hash power provider for altcoins and bitcoin.
The platform offers mining in both bitcoin and altcoins. You can mine different coins at the same time using the hash power that you owned. For instance, you can use different cryptos to diversify the risk of your investments. The company takes care of the miners and maintenance to get rid of the hassle.
Genesis Mining provides numerous pricing packages based on your hash power and the type of coin that you are interested in mining. In comparison to other cloud mining platforms, they are a bit expensive but they provide excellent experience and support.
Live since 2018, the crypto universe is another cloud mining project that allows the users to earn crypto mining with profitable plans and contracts.
The platform mainly provides its services in the Russian federation. The electricity rate is low in the northern region and it’s a big advantage for the crypto universe. There are 3 different plans are available named standard, VIP, and the tariff 2025 for long term benefits.
The users can mine through 2 types of contracts “Cloud Miners” and ‘BTC Mining”. The platform lets its users buy equipment for mining. The users can resell the equipment to miners and can take their funds back at the end of the contract.
As the crypto market is booming, the value of mining equipment is increased and it can give users an extra margin on profit. The interface of the website is quite user-friendly. There are a bunch of plans available with low investments and no hidden charges. There are numerous crypto affiliate programs available through which customers can earn.
Stake popular cryptocurrency coins in 2021 read our guide Best Proof of Stake (POS) Coins 2021
ECOS is one of the best cloud mining providers out in the industry. It was established in the year 2017 in Armenia in the Free Economic Zone along with an agreement signed between the Government of Armenia and the company behind this cloud mining provider. ECOS was developed in a bid to cover the needs of clients whose taste is in cryptocurrency cloud mining and who want to get relief from self-mining. Apart from having headquarters in Armenia, the company also has a head office in the country of Russia as well.
ECOS is a cloud mining provider you may trust as it is one of the first cloud mining providers that are operating with legal status. Considered as one of the top cloud mining providers, ECOS offers its clients cloud mining services for only one digital currency that is Bitcoin the world’s largest cryptocurrency in terms of market capitalization. Currently, the company is offering its services to over 40000 users from across the entire world.
The company offers a vast variety of mining contracts to users. The minimum price for a mining contract that has been specified is approximately $125. This contract remains active for a time period of six to fifty months. There are different options available for you that you can use for deposits or withdrawals. These include Credit Cards and cryptocurrencies such as Bitcoin, Ethereum (ETH), XRP, and Litecoin (LTC).
There are a lot of advantages that you can get while mining with ECOS. One of the advantages of mining with ECOS is that new users will get a one-month free promo contract. Other advantages include tax incentives, affordable electricity, operational support, modern equipment, and a wide range of contracts.
Launched in 2018, the United Kingdom-based mining field Shmining with its farms in London, San joe, and Capetown is one of the best-suited mining platforms for miners with minimal knowledge of the crypto mining process.
Shamining’s user-friendly website interface with animated or rather game-like mining processing is the feature that makes Shamining stand out among others. Anybody with a minimum of $100 can start mining using the Shamining platform. It guarantees a 1.43X return on investment ($400 return on $1000). it also provides 24/7 customer support. Since 2018 it holds a community of 8000 plus crypto investors. One more useful feature their website has is the built-in investment calculator.
Shamining Offers four types of contracts: CPU, GPU, ASIC, and Individual contract.
CPU offers the power of 23 580 GH/s in $0.0120 per GS/s with a maintenance fee of $0.0108 per GH/s daily. Profitability=143%
GPU offers the power of 94 340 GH/s in $0.0113 per GH/s with a maintenance fee of $0.0106 per GH/s daily. Profitability=149%
ASIC offers the power of 235 849 GH/s in $0.0109 per GH/s with a maintenance fee of $0.0104 per GH/s daily. Profitability=156%
As it is obvious with the above-mentioned information high power of the system offers high profitability and if a user is not sure about which contract should be attained the 24/7 customer service is at their services.
In order to start mining Bitcoin on Shamining register your account now and get 37% bonus on first investment.
Somewhere around 2015, the site launched its services to its users and has grown enormously since then. Currently, the site has around 1 million visitors every month.
Hashflare is a service that offers cloud mining contracts. The users can mine five different cryptocurrencies via this platform i.e. ZCASH, DASH, Ethereum (ETH), Litecoin (LTC), and Bitcoin (BTC). The platform offers different pool mining solutions. You can decide your own customize pool based on your preferences and Hashrate.
The profit is distributed to all customers based on the Hashrate. The best thing about Hashflare is that you don’t need big investments to start. The payouts are very transparent with different payment methods. It offers real-time mining statistics so that you can easily track how much profit you have made. here is our guide to the best places to buy bitcoin in 2021
7. Ultra Miner (Not Working)
Launched a year ago, it is a bitcoin mining platform devoted to providing the best cloud mining experience and high-quality customer service.
They have gained so much popularity and support from their customers around the world for how much sincere and professional they are. The platform provides four packages for bitcoin cloud mining. It has the lowest investment plans among all other mining platforms. It is an unregulated platform.
You can also earn commission by referring to someone. They provide VIP service on the purchase of 1000 TH/s which include many perks and advantages to its users.
Hashing24 is the most common Bitcoin cryptocurrency platform that provides legal cloud mining services. The organization has been running since 2016, and its research team has been focusing on the demand for cryptocurrencies since 2012.
Hashing24 is officially based in the United Kingdom, Thailand, and Ukraine. In comparison to other platforms, hashing24 provides unlimited contracts for its users to invest in.
On hashing24, there are no fixed contracts. The customers select the hashing power and the method of payments by themselves. They can choose their desired plan depending on the forecast profit. Bitcoin is the only currency that they support in their available cryptocurrencies. The company pays its customers without any delay.
Established in early 2018, BeMine provides its services in Russia and CIS countries. They were pioneers of cloudsharing of ASIC-miners, making the opposite thing compare to selling mining contracts. BeMine operates more than ~70,000Th/s placed in Irkutsk, Moscow, and Chelyabinsk region, in Siberia, even in Almaty, Kazakhstan and they keep scaling.
BeMine unites Russian data-centers, as well as miners and individuals who want to participate in cryptocurrency around the world. Miners are invited to store their equipment in partnered data-centers, while users can purchase and store mining equipment, without the need for personal presence during the purchase, transportation, installation, configuration, and maintenance of ASIC.
If you don’t want to purchase the whole ASIC-miner, you can also try with its shares. BeMine can sell up to 1/100 share of exact ASIC for a reasonable price, which may become a very useful way to start a coin mining experience without the necessity of purchasing a whole expensive machine itself. But if you have the whole one, you can also purchase door-to-door delivery of ASIC. Now they even have fare cloud contracts with deposit extraction.
Eobot is a cloud mining service provider and crypto exchanger. It was launched back in 2013 in the USA. Despite using this platform in the web browser, Eobot is also available on both android and iOS.
Since the launch, Eobot has over 2.2 million users with hundreds of thousands of active users daily. It also facilitates real-time trading through various digital assets. Eobot provides innovative mining services for its users with a wide range of tools. It provides a wide range of cryptocurrencies to let the user trade in between.
There is a feature called ‘Eobot crypto Faucet” through which the website randomly gifts a small amount of cryptocurrency on daily basis to users. The membership is free on the exchange and also there are no monthly fees.
However, on every transaction, they charge a 5% fee. Since the exchange is operational, they never compromise on security. The exchange also provides a bug bounty audit report which is refreshed every 60 seconds. It lets the users observe how much crypto capital is at risk.
How to select a bitcoin cloud mining website?
When it comes to selecting the best mining website, the process is very smooth and pretty straightforward. You only have to pick a plan to see how the service works.
Perhaps the most complicated part is finding the right host. Always check the background of the company, look at their websites, and read their reviews. Double-check if they have the statistics of their previous work
Cloud mining is recently becoming the top trend in crypto and bitcoin. The reason is very simple. Cloud mining makes mining more easy and convenient. By using the cloud, you can avoid the hassle and stress of using hardware at your own pace. In this regard cloud mining is more profitable then the mining you do with your hardware.
Moreover, although cloud mining can have some drawbacks, it does have advantages. It allows cryptocurrency and bitcoin more accessible to the public. Cloud mining has a bright scope in the future but there is an issue about the legitimacy of whether it is legit or not.
Many of the companies offering cloud mining services are scam or they use ineffective business models. By ineffective I mean, if your purchase or hold bitcoins, you either would risk your money or gain less than you should.
We would love to hear how your experience with the cloud was mining. Let us know in the comment section below if you need any help.
What is the best cloud Mining website in 2020?
choosing the best mining service is not an easy task as the market is full of scammers. Hashflare, Genesis Mining, and IQ Mining are the far the best cloud mining providers. These are the most reliable and legit sites that are offering cloud mining solutions. But Make sure to search and figure out everything before Investing.
Which cloud mining is profitable?
It totally depends upon the company you choose. Some companies give leverage to its users in monthly fees while other companies charge hefty amounts for the sake of registration fees. You should also focus on the mining profitability to know which company is more profitable in terms of contracts. Last but not least is the quality of service they are providing. There are so many drawbacks which hare totally neglected while choosing so make sure to research all these aspects in order to reach on bottom lines.
Does cloud mining pay off?
It depends on whether the platform is legitimate or not. Mostly there are Ponzi schemes and they usually charge form newcomers pay it to their old customers and themselves and mostly the company disappears for the record. So, you must check the authentic information before diving in.