Cloud mining

Rating of the best cloud mining platforms

Advantages
How cloud mining works
Registration
Buying power
Mining
Withdraw funds
Cloud Mining Services

ECOS is the only legal cloud mining service on the market. The company was established in 2017 in Armenia in the Free Economic Zone and gets all the energy for mining from the Hrazdan TPP. The company currently offers its services to more than 300,000 users from all over the world. Furthermore, ECOS is more than cloud mining.

It is the first full-fledged investment platform with all the products and tools for digital assets in one ecosystem and a user-friendly app.

Advantages:

  1. Sign up and get a free cloud mining contract for 1 month to test the platform;
  2. Handy calculator on the website to choose a mining contract with profitability prediction;
  3. Daily payments in BTC and a detailed history of transactions in your account;
  4. Low entry threshold - $100;
  5. Withdrawals from 0.001 BTC;
  6. Convenient mobile application, available on App Store and Google Play;
  7. Multilingual interface and user support.

Established in early 2018, BeMine provides it's services in Russia and CIS countries. We're pioneers of cloudsharing of ASIC-miners, making opposite thing compares to selling mining contracts. BeMine operates more then ~70,000Th/s placed in Irkutsk, Moscow and Chelyabinsk region, in Siberia, even in Almaty, Kazakhstan and we 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.

IQMining is offering a wide selection of cloud mining contracts. Mining contracts with payouts in the most popular and trusted cryptocurrencies, 100+ altcoins and also a contract with a fixed payment in USDT.

IQMining platform combines cloud mining with daily payments and Forex margin trading, options and cryptocurrencies, giving the opportunity to multiply potential income.

The SHAMINING is engaged in cloud mining provision while using the technology, developed by the experts in IT and cryptocurrencies field. The main product idea is effective disparate computing resources appliance.

$250 - minimum deposit

1.43x. Invest $1000 - withdraw $1400

24/7. Withdraw your money instantly

17 000+ Crypto Investors, since 2018

Infrastructure is the key to success. More than 18 000 Bitmain AntMiner S9k, AntMiner S17+, AvalonMiner 1066 and AvalonMiner 1146 ASIC-miners work in Сryptouniverse.

Constant supervision, the strictest security standards and ultra careful equipment maintenance let us achieve the maximum possible miner effectiveness and productivity.

We payout daily rewards for every cloud mining contract we have. The exact amount of BTC paid depends on the contract type and parameters. You can find detailed analytics on the subject in your CryptoUniverse account dashboard.

Advantages of Cloud Mining

  • ReliabilityIt's a safe and reliable way to mine cryptocurrency. In this case, it is very important to choose the correct and trusted service to avoid a scam.
  • Cost. By choosing cloud mining, you can save money because you don’t need to invest in calculating capacities that need permanent updating for growing up complexity.
  • Convenience. You do not need to look for scarce ASICs and litter your apartment with them or rent a special space.
  • Reviews. Reviews of real clients who connected us for cloud mining cryptocurrencies services and started profitable work – are the most important assessment and the main incentive to work better.

Cloud mining means earning cryptocurrency without purchasing special hardware. You just rent the equipment or space including the possibility of remote control from anywhere.

This type of mining has some advantages:

  1. Affordability.
    – You don’t need to order expensive miners from other countries and for its occurrence or delivery. Unnecessary to pay over cost to the supplier (markup can reach 60%).
    – Cloud mining requires less investment and expenses for electricity. It is easier to turn to cloud mining services instead of purchasing new equipment.
  2. Minimal risks.
    Usually, a company that has a contract with you as a rule assumes all risks like downtime due to internet or electricity failures.
  3. Clear profitability without additional investments and worries.
    Asics require permanent control, checking, and upgrading. Without proper conditions, your expensive hardware will fail quickly. With cloud cryptocurrency mining everything is much easier because the company takes care of everything. It is the best way to partially absolve yourself of responsibility.
  4. Legality.
    All document handling, legislative and tax issues are taken by the company you signed the contract with.
  5. Multifunctionality allows you to work with different algorithms simultaneously.
  6. Referral program.
    Good conditions on the referral program site (each service has different conditions, negotiated personally, and depends on the leased capacity).

Disadvantages of cloud mining cryptocurrencies are:

  1. Many scam companies offer to invest at a high rate of interest promising real great income. The site exists for some months and then disappears together with the users’ money. Thus, you should trust only proven companies.
  2. Virtual mining sites can be easily broken by hackers and you lose all income. So, before signing the contract, check the company's history of hacking and attacks.
  3. Abrupt changes in mining complexity lead to income decline.
  4. Most likely you’ll earn less with cloud mining than with the ordinary.

Types of this crypto mining:

  • Hosting. Rental the hardware from suppliers when the lessor keeps the machinery and takes care of its maintenance and service.
  • Virtual hosting. Installation of your software on a rented virtual server.
  • Lease capacity. Lease without the possibility of hardware service.

What you need to start:

  1. Choose the cryptocurrency that you like for further mining and create the wallet that supports it.
  2. Find in the internet proven cloud mining service for chosen tokens mining. The service should suit your criteria: the price of the contract, term, interest, etc.
  3. Sign the contract with the best mining site and pay.

How to find a proper remote data center

  1. Affordability and transparency. Check the information about the company on the internet, its location, photo, and video of operation equipment, and site, and read the information about employees.
  2. Pay attention to the date of site creation: the period of work is a sign of reliability. Companies occur and disappear but you should find the time-checked supplier.
  3. The capacity of cloud mining services. Check the number of signed contracts and the total hashrate. As a rule, such information is on the page.
  4. Reviews. Before signing the contract read reviews and ask somebody you know for feedback. Check all conditions, spend your time to find out everything about the product to choose the real server but not the shell company.
  5. Rates. If the cost of accommodation is much lower than the average cost on the market in the opposite case you can face fraudsters. So, just don’t try to save money on the rant, check up on feedback and choose trusted services only.

Top cloud mining services by ranking

1. Hashing 24 – a reliable service that has been working since 2012. permanent in the TOP-3. Service has offices in 6 countries. Hashing 24 is the official partner of Bitfury.

  • Hasrate capacities sold: 135 000 PH/s.
  • Registered users: 200 000+.
  • BTC mined and withdrawn by users: 1000+.
  • The cost starts from $8,58.

2. CryptoUniverse – the best cloud mining provider that started work in 2017. Based on the one from the best data centers with a total capacity of 42 MW.

All the contract owners get payments on their wallets daily or weekly. The sum of the reward depends on work conditions.

  • Total capacity: 319,6 PH/s.
  • 42 MWт.
  • More than 18 000 work.
  • 24/7 support.

3. BeMine – good mining service provider for using virtual machinery since 2018. The company provides services in the CIS territory. According to the data from the site, there is a possibility to mine days for free with Antminer S19.

  • Total capacity: 86 500 TH/s.
  • More than 380 BTC were mined and withdrawn.
  • More than 75 000 clients.

4. IQMINING – one of the top cloud mining providers. Service can offer many variants of cooperation. For example with payments in different cryptocurrencies or USDT. There are 5 years and lifetime contracts. Daily payments.

5. SHAMING – one of the leaders, since 2018. In its work the company use technology, created by IT experts. The main idea is to use the allocated resources as efficiently as possible.

  • Minimal deposit: $250.
  • 1,43x (invest $1000 and withdraw $1400).
  • 24/7. Withdrawal at any time.
  • 17 000+ cryptoinvestors since 2018.

6. Bitder – a good Chinese mining service, established in 2008, has a partnership with the largest pools: BTC.com; ViaBTC; AntPool; F2pool; Foundry.

Bitder offers cloud hashrate and cloud hosting. It is one of the leading suppliers in the hashrate market. Only large investments are taken for now.

7. ECOS – a top cloud mining company established in 2018. The remote data center, equipped with the latest machinery (S19), is based in Armenia. There are special conditions for electricity, that allow it to mine more profitably. The cost is $125-$5000.

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