Cloud mining - mining of cryptocurrency using special Internet services. Due to its simplicity, the idea has acquired good support and even in 2021 is relevant.
Best cloud mining sites :
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Overview
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Website
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Cryptocurrency
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Algorithm
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Duration of contracts
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Payment Methods
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Russian language
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Launch year
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Verification
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Demo (promo)
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Country of registration
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IQMining
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iqmining.com
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Bitcoin, Ethereum, altcoins
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Sha-256; Ethash
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one; 2; 3 years; 5 years; indefinite
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bank cards Visa / MasterCard; Bitcoin; Perfect
Money; cryptocurrency
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Yes
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2016
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No
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Yes
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Seychelles
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CryptoUniverse
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cryptouniverse.io
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Bitcoin, Litecoin
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Sha-256; Scrypt
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180, 36, 730, 1095 days; until 01.01.2025
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bank cards Visa / MasterCard; Bitcoin; Payeer
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Yes
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2018
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No
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Yes
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Estonia
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ECOS Cloud Mining
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mining.ecos.am
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Bitcoin
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Sha-256
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180, 360, 365, 720 days
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bank cards Visa /
MasterCard; Bitcoin; Litecoin; Ripple; Ethereum
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Yes
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2017
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No
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Yes
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Armenia
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Hashmart
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hashmart.io
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Bitcoin
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Sha-256
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365 days, unlimited
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bank cards Visa / MasterCard; Bitcoin; Sepa
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Yes
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2018
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No
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Yes
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Cyprus
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Bitluck
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bitluck.com
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Bitcoin
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Sha-256
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30, 150, 240, 360 days
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bank cards Visa / MasterCard; Bitcoin; Advcash; PayPal
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Yes
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2019
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No
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No
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Hungary
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Always look at the companies' official websites for up-to-date information on the conditions for purchasing cloud mining contracts.
What is cloud mining
[vs_message] Cloud mining is a profit-making model based on the fact that the equipment is managed not by each individual member of the pool, but by one specific contractor. It happens like this: the company buys equipment for mining, pays for maintenance, electricity, work with the Internet - and people receive the income generated by this equipment for a certain fee. [/ Vs_message]
For customers, such a scenario is very convenient: there is no need to worry about interruptions in the Internet, set up equipment and maintain it in working order, deal with the release of a large amount of heat and noise, and pay for electricity.
Of course, companies take a commission for their work, and still this method is much more profitable than organizing your own mining farm at home. Cloud mining centers are usually located in places with either cheap electricity (like China) or cool climates (like Iceland).
Best cloud mining sites
Now let's take a look at the features of the top 20 most popular and reliable cloud mining sites for 2021. Attention: the information may be out of date, but the editors of Profinvestment.com try to periodically update the information.
1. IQ Mining
The IQ Mining service is distinguished by its reliability and low cost of mining in comparison with many of its competitors. This is achieved through the phenomenon of smart mining, which is considered the new wave in the industry. Cost reduction is achieved thanks to the investment diversification scheme:
- In accordance with the purchased contract, the most profitable cryptocurrencies at the moment are mined.
- Then they are exchanged for bitcoin.
- The client receives a profit in bitcoins on the wallet.
Income is paid daily from the first day. There are many payment and withdrawal options. Cloud mining official website:
iqmining.com. The company has been operating for 2 years and periodically conducts a drawing of valuable prizes among customers. When buying contracts, you can specify the promo code IQ20UPM and get 20% additional power for free.
Duration of "cloud" contracts:
- Perpetual.
- For 1 year.
- For 2 years.
- For 3 years.
- For 5 years.
2. Cryptouniverse
The cloud mining company Cryptouniverse offers a total equipment capacity of 20 MW, and it is planned to expand the center to 60 MW. More than 7 thousand ASIC miners are in operation now. Website:
cryptouniverse.io.
The main advantages of the service:
- Easy to get started. Registration on the "cloud" site takes no more than 3 minutes.
- Low entry threshold, wide range of different tariff plans.
- Daily accruals from the first day.
- The ability to sell the purchased capacity at an auction.
- Multilevel authorization.
- Legality - availability of all necessary documents.
There is a fairly generous affiliate program, bonuses for which are credited to the account in the form of BTC.
3. Bitluck
On the Bitluck cloud mining platform, you can purchase contracts for computing power of 10, 50 or 100 Th / s using one of many payment methods. The duration of the contracts is 30 (now sold out), 150, 240 or 360 days. The highest level of profit in percentage terms is achieved when choosing a contract for 360 days with a capacity of 100 Th / s - 12.7% (at a BTC rate of $ 7100). Website:
bitluck.com.
Bitluck supports different payment methods for purchases: BTC, PayPal, bank transfers and cards, AdvCash. You can only mine Bitcoin with the SHA-256 algorithm. The service is distinguished by its stable performance due to its good technical equipment. Data centers are located in 6 countries of the world, in 12 points.
4. ECOS Cloud Mining
ECOS Cloud Mining project belongs to ECOS company, which operates in the free economic zone of Armenia. Website:
https://mining.ecos.am/ . After registration, a free power of 0.1 TH / s is provided for 30 days . Allows you to purchase contracts for six months, a year, 2 years. Including there are tariffs without service charge (it is included in the price, but thanks to the full prepayment, a discount is established). Mining starts the next day after the tariff is paid.
In addition, the resource makes it possible to acquire ownership of mining equipment (it will be placed in the FEZ of Armenia on behalf of the owner) or connect your own to the system by specifying the appropriate pool settings.
5. Hashmart
Hashmart is registered in Cyprus, but data centers with a total hash rate of 150.5 Ph / s are located in Siberia. Website:
https://hashmart.io/ . You can mine only bitcoin, but other currencies are planned to be added in the near future . The personal account provides detailed statistics on capacity, profitability, transactions. There is also an automatic profit forecasting function.
The data center network consists of advanced ASIC chips from leading manufacturers. Users are given the opportunity to buy annual or perpetual bitcoin contracts (currently sold out). It is allowed to pay for the purchase in BTC, using bank cards and bank transfer.
6. Genesis mining
More than 2 million people have already chosen Genesis Mining cloud services . What attracts the project:
- The equipment is initially configured and working, so mining starts immediately after the contract is signed.
- You can mine altcoins and switch power from one coin to another on the go.
- Quick start to earnings , right on the day of payment.
They also note the rather simple pricing policy of the service. It is enough to buy power and immediately start receiving passive income. Genesis Mining cloud mining site:
https://www.genesis-mining.com/language/gb.
7. Fly mining
Fly Mining service provides an opportunity to rent the power of efficient 16nm chips from Bitmain. Website:
https://flymining.cloud/ . Withdrawal of earned funds is carried out once a day, but there is no minimum amount, you can bet any. The commission per transaction is 0.00005 BTC.
Each Fly Mining user has a separate account for the service fee; you can pay for electricity in any convenient currency, and not in the one that is produced. Thus, you can pay for service with fiat, and hold the mined bitcoins in anticipation of a rise in the rate.
8. Sesterce
The Sesterce project is a comprehensive investment platform that includes cloud mining service, equipment sales, pools and farm investments. Website:
https://www.sesterce.com/ . The company is based in France and is governed by EU law. There are over 30 partners around the world, including Bitmain, Cryptocompare, Coinpayments, etc.
Sesterce cloud mining allows you to mine over 20 different cryptocurrencies. There are contracts for 1, 6, 12 and 24 months on sale at relatively affordable prices. Mining starts immediately after the tariff is paid. There is a round-the-clock technical support that answers all your questions.
9. OXBTC
The OXBTC resource allows flexible customization of the purchased contract. When selected, the profitability of the tariff is automatically calculated. Website:
https://www.oxbtc.com/ . BTC, ETH, LTC or USDT are used to pay for contracts. Mining profits are received in real time and can be tracked in your account. The service has been operating for more than 4 years, at the moment the number of users exceeds 600,000.
OXBTC data centers are located in Kazakhstan, Venezuela, USA and several regions of China: Sichuan, Guizhou, Inner Mongolia and Xinjiang. The total capacity is over 100,000 kW. Profit is distributed among users in accordance with transparent PPS regime.
10. Hash Core
Hash Core has been involved in computing equipment since 2001 and has entered the mining industry since the inception of bitcoin. Website:
https://hash-core.com/ . It allows you to invest in the mining of various cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dash and other altcoins. A full range of ASIC and GPU miners are available.
You can buy contracts for 1, 2 or 3 years. When buying, you need to provide your personal data - address, name, email, phone. Also in the process, you can select the miners used and their number.
11. HashFlare
Hashflare is another popular service that offers the following benefits:
- Instant start of work, the first income in less than a day.
- Instant withdrawal to the selected cryptocurrency wallet .
- Providing detailed statistics on the account.
- The ability to diversify capacities to create your own strategy.
- No secret commissions, only fixed. The control panel displays each change in the balance state.
The advantages include a low entry threshold - those wishing to try cloud mining can buy quite a bit of power to evaluate the capabilities of the service.
12. NuVoo Mining
The resource focuses on efficiency, as a result of which it is also possible to maintain low prices for cloud mining. In particular, they help to save:
- Favorable climatic conditions. The data center is located in Canada (Quebec), where it is cool, because of this, cooling costs are reduced.
- Low electricity rates set in Quebec. In addition, the energy here is ecologically clean (it is obtained from renewable natural sources).
Other benefits include a high level of security. The creators have equipped the data center with webcams that broadcast around the clock. Clients have access to the NuVoo service dashboard. Official site: nuvoo.io.
13. NiceHash
NiceHash is slightly different from the sites on this list. It is the world's largest cryptocurrency mining market . Within its framework, a full-fledged economic system has been formed that unites buyers and sellers of computing power.
Sellers can profit from the NiceHash Miner application: the program automatically sells the client's capacity at the highest price currently on the market. All necessary information is tracked in your personal account.
Buyers also have access to mining power for all popular hashing algorithms. High flexibility is ensured by the pay-as-you-go model. You can participate in real-time trading without being tied to long-term power contracts.
14. Hashing24
The cloud resource Hashing24 offers a number of solutions for the rental of mining facilities provided by industrial data centers. The company calls its advantages:
- It is the official reseller of the largest companies in the industry.
- There are data centers in Georgia, Iceland, Norway and Canada.
- Only the latest ASIC models are used.
- There are water and air cooling.
- The project gives a 100% guarantee to work without failures.
- Low prices combined with high performance.
- Payouts are based on total network capacity.
Experienced specialists took part in the development of the service, and the main target audience is individuals, home users who want to join the world of cloud mining. Website:
hashing24.com.
15. Cryptonoras
Cryptonaros is another cloud mining system. The service website has a pleasant interface, it allows you to mine both bitcoin and a number of altcoins. Website:
cryptonaros.com.
The main advantages are:
- Purchase of capacities in a few seconds, quick start of payments.
- Fast withdrawal within 12 hours.
- Providing detailed statistical information.
- Investment planning.
There is investment insurance, thanks to which you can not worry about your investments.
16. Aliencloud
The project attributes a high level of security and ease of interaction to its key advantages. Client funds are diversified into cold and hot wallets to increase the level of security. In addition, there is the possibility of instant crypto exchange with insignificant commissions. Aliencloud is both a cloud mining site and a cryptocurrency exchange.
Not working sites
How to choose a cloud mining site
As soon as the developers realized the demand for cloud mining among crypto enthusiasts, dozens of similar projects immediately began to appear on the Internet. Of course, there are only a few really worthwhile ones, the rest are either initially fraudulent, or simply ill-conceived and unprofitable.
In order not to run into an unreliable site, be sure to pay attention to the following indicators when choosing:
- Publicity. Truly reliable resources have representations on all popular thematic sites, blog, actively communicate with users and potential clients.
- Age. The longer the company has been on the market, the more likely it is that this is a serious project, and not a one-day project that will close, taking with it all the funds invested by users.
- "Assortment" of cryptocurrencies . It is desirable that there be a choice between different coins, then in the event of an unexpected fall of one of them, you can switch to another, and not just lose the invested finances.
- Functionality. In particular, the overall capacity of the project is essential, since it is the most important guarantee of reliable and good earnings.
In addition, you should always read project reviews, but only on trusted resources, where they are not fake. Communication with other users will help you make the right choice.
Advantages and Disadvantages of Investing in Cloud Mining
Advantages:
- Today, cloud mining is perhaps the only working method of earning bitcoins , especially if you find a resource where investments are not required (about them below).
- All popular resources are legal, officially registered and completely safe.
- The user gets rid of all the worries associated with home mining - from paying electricity bills to soundproofing.
- Not a bad profitability, especially if you use the distribution of capacities for several different cryptocurrencies.
- The profitability is clearly higher than that obtained in the case of home mining.
- It is possible to predict profits, which cannot be said about trading bitcoins on crypto- exchanges .
- A number of services provide the ability to automatically mine for the most profitable contracts.
- There are often lucrative referral programs where users are paid to invite friends to the system.
Disadvantages:
- Cryptocurrency rates are unstable. If you buy a contract, for example, for bitcoin for a certain period, and the next day the coin rate drops, then there is a chance to go into the red.
- There is no exact guarantee that the data center will not fail, leading to losses for all customers.
- There is a possibility of unscrupulous projects. They can often be calculated from sky-high promises such as 250% annual returns. There can be no such profit on honest resources.
- Among other things, hackers can hack the website and databases of a cloud mining project. As a result, users can lose money if the project does not carefully store it.
Cloud mining sites without attachments
Some resources make it possible to receive small cash bonuses on the account, which can subsequently be invested in the purchase of contracts. But most of them are pseudo cloud mining sites.
Examples of such sites:
- Cloud-Mine. Gives a bonus every 4 hours. Allows you to mine DOGE and convert to USD. The site has been operating since 2016.
- Virtual Mining Farm. Provides free capacities of 100 GH / s.
- Dialtox. It also provides free capacities, although much more modest - 10 GH / s. Allows mining DOGE, ETH, LTC and BTC.
- FashyHash. Bonus capacities - 1 MH / s. Only Ethereum cloud mining is available.
There are a lot of scams around - you need to carefully check each project according to the points indicated above before registering in it, and even more so giving money. Good luck and good money.
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