All this is very simple. Mining farms are already collected in data centers: you just have to start mining.
This is especially convenient for users living in countries with expensive electricity, since equipment for cloud mining is usually installed in places where the price for electricity is low.
Here are the best providers of cloud mining services:
Cloud Mining with Genesis Mining
Genesis Mining was founded in 2013 and is probably the world's best provider of processing power for the mining of bitcoins and altcoins, including Ethereum, Dash, Litecoin, Monero and Zcash.
It is important to note that on this platform you can simultaneously engage in the mining of various cryptocurrencies, that is, the user does not need to choose one or the other.
The company claims that now its services are used by over 2 million people, which gives it the right to be considered the world's largest platform for cloud mining using different algorithms.
At the moment Genesis Mining accepts payment by credit / debit cards (Visa and Mastercard).
The conditions are as follows: one application per day, a daily limit of 25 thousand dollars, the minimum purchase amount is $ 10.
If we talk about prices, then beginners can start with a contract of 1 TH / s (Gold), the cost of which is $ 285. Mining services will be provided for five years, even if the daily reward of the miner will be less than the maintenance cost of the equipment.
If this seems to you a little, you can sign a contract of 5 TH / s (Platinum), which will cost $ 1,400. The third and largest contract of 25 TH / s (Diamond) is already $ 6,875. Both contracts are also concluded for five years.
Genesis Mining charges a fixed service fee, which is deducted from all five-year contracts. Today this commission is 0.14 per TH / s per day. Although the commission is set in dollars, it is taken from the daily award of the miner in BTC.
Cloud Mining with Hashflare
Since its inception in 2015, HashFlare's cloud-based mining service has remained one of the world's largest suppliers of processing power for Bitcoin, Litecoin, Ether and other cryptocurrencies. The company claims that its services were used by over 2.5 million people.
On this platform, the mining begins immediately after your payment is confirmed. First payments are made within 24 hours. Users can define the pools themselves, in which they want to direct their hash, thereby choosing advantageous combinations.
The site has a simple calculator of investments, with which you can calculate the potential profit.
To start mining on the HashFlare platform, you need to register on their website and create an account there. HashFlare offers the following types of contracts: SHA-256, Scrypt, ETHASH and Equihash, which are used for the mining of Bitcoin, Latecoin, Ether and Zcash, respectively.
To purchase a hash, you need to select on the scale the volume that you want to buy. The price for the hashed will be specified in dollars or BTC in a special window under the scale.
The HashFlare platform accepts payments in the following form:
- Translation of BTC
- Payment of invoice in USD by bank transfer
- Credit card
- Payeer
Cloud Mining with Hashing 24
Hashing24 was founded in 2012, and its website says that everyone should be able to access innovative technologies and industrial data centers with laptops or smartphones in order to profit from the development of cryptocurrency.
On Hashing24, a user can rent as many hashes as he needs. You buy on site the computing power and make a profit.
By purchasing the services of this platform, you pay once for the hashed allocated to you, but in addition a commission is charged daily for the use of equipment and electricity.
Cloud Mining with HashNest
HashNest is a platform for cloud mining, where you can mining Bitcoins without your own mining equipment.
HashNest is managed by Bitmain, which produces Antminer miners. At the moment, HashNest offers to rent more than 600 miners Antminer model S7.
Cloud Mining with Hashtoro.com
Hashtoro.com offers its services to ordinary users interested in the mining of crypto-currencies, as well as to companies that can not buy their own equipment.
At the moment, the total capacity of the data centers of this platform is 35 MW, which will enable the use of 25,000 Bitmain Antminer miners of the S9 model or 40,000 Bitmain Antminer L3 + miners. The user can only choose the tariff plan and start making money.
You can pay for the mining contract with a credit card or BTC. The cost of maintenance includes the price for electricity and equipment operation costs. Here are the prices for the hash depending on the algorithm:
- SHA-256 - $ 0.00023 for 1GH / s
- Scrypt - $ 0.0029 for 1 MH / sec
- Ethereum - $ 0.012 for 1 MH / sec
- Zcash - $ 0.00093 for 1 H / sec
- Monero - $ 0.0035 for 10 H / sec
- Dash - $ 0.17 for 1 GH / sec
Cloud mining with Coinbase
Coinbase strives to make mining accessible to all users regardless of their age, location, volume of investment or experience. The main task of the company is the development of infrastructure for mining and, as a consequence, the development and implementation of bitcoin both as a currency and as an economic system.
Coinbase offers users more than 230 devices for mining; The services of this platform can be used by residents of more than 15 countries. To date, more than 130 thousand people have become customers of Coinbase.
Cloud Mining with Eobot
Eobot claims to be the simplest, cheapest and best mining platform for Bitcoin, Ether, Litecoin, Bitcoin Cash, Dogecoin, Ripple, Dash, Golem, Cardano, CureCoin, NEM, Monero, Zcash, Factom, Bytecoin, STEEM, Lisk, EOS, Gridcoin, and Ethereum Classic.
"Let your computer rest. Our cloud technologies will allow you to earn any crypto currency of your choice. By investing only $ 10, you will immediately start mining, "- says the company's website.
Pay for the services of this platform can be Bitcoins or through Epay.
Cloud Mining with Syntropy Cloud Mining
Syntropy Cloud Mining is the first platform for mining cryptocurrency using the Proof-of-Stake consensus algorithm.
Buying a three-year mining contract, you pay for the maintenance of server equipment for the entire period.
When the total value of all the tokens you get exceeds 0.1 BTC, you can use them to enter into a new contract or change to Bitcoins, paying for it from your crypto wallet.
P.S.
While I would agree you're not responsible for them making good on promises (spoiler alert, they don't), you might want to take a bit more responsibility for writing up about these guys without revealing any of their track records and performance over the past few years. You're also not challenging or trying to validate if their income is real. None of these guys are transparent about anything. Not the supposed pools they're using, nor the equipment they claim, nor the revenue they report.
Search this forum or google "cloud mining scam" and you'll see it's a huge can of worms that surprisingly hasn't been covered by mainstream media.
In theory the idea of pooling resources to operate otherwise costly equipment sounds profitable. But in reality, the inefficiency of accepting funds and then divertiing that to hashpower means you're forever catching up with difficulty and stagnant Bitcoin price. ( THANKS for buwaytress)