Cloud mining is the process of mining bitcoin that produces the use of a remote data centre with shared processing capability. It allows users to mine Bitcoins or different cryptocurrencies while not having to control the hardware themselves. The mining rigs are housed in exceedingly mining company-owned facilities. To start out the mining method on the cloud, the user should initially register and get mining contracts.
Let us see, a number of the cloud mining sites and their key features:
Table of Contents
Best Cloud Mining Sites
- Shamining
- BeMine
- ECOS
- ChickenFast
- CCG Mining
- Freemining
- Genesis Mining
- IQ Mining
1 Shamining
Shamining could be one of the best cloud mining sites that permits you to mine cryptocurrency while not requiring any hardware or prior experience. You can use any computing device as it is compatible with most hardware and operating systems.
Key Features:
- The most promising investment platform at the instant.
- It permits you to manage your miners from any device.
- You can reckon your earnings.
- It is quite easy to use this platform.
- Infrastructure that’s environmentally friendly.
- Mining farms use inexperienced energy from wind and alternative energy sources.
- Technical assistance is accessible twenty four hours on a daily basis, seven days per week.
Statistical Highlights:
- Year established: 2018.
- Bitcoin is one amongst the coins that’s supported.
- Fraud risk is low.
2 BeMine
BeMine has been providing its services all across the planet since 2018. Customers are invited to store their instrumentality in associated data centres, and users should buy and store mining instrumentality with no need to be a gift for the acquisition, transportation, installation, configuration, and maintenance of ASIC-miners.
Key Features:
- The world’s lowest service costs (lower than that of China and Mongolia).
- Minimum purchase: $52 greenbacks, with the introduction of latest models of miners perpetually lowering this worth.
- The ability to buy laborer and cloud contracts.
- The possibility to shop for ASIC-miner shares in bulk and prepare for laborer delivery to your door over time.
- Many partners all across the planet.
Statistical Highlights:
- Year established: 2018
- Bitcoin, Ethereum, and Zcash all are supported coins.
- Fraud risk is low.
3 ECOS
ECOS is one of the best cloud mining sites in the industry which was based within the Free Economic Zone in 2017. It is the primary cloud mining supplier with the position. ECOS has over 90,000 users from all over the world.
Key Features:
- A mining contract contains a minimum worth of $49 per day.
- On the web site, there’s a handy calculator for choosing a mining contract (has customary and professional versions).
- Payments is processed everyday, and a comprehensive dealings history is unbroken.
- Withdrawals begin at zero.001 BTC.
- ECOS could be a complete investment platform. It encompasses not simply cloud mining however conjointly wallets, exchanges, investment portfolios, and savings.
- ECOS offers a helpful mobile app. it’s accessible on the App Store and Google Play.
- After registering, you’ll receive a free mining contract for one month.
Statistical Highlights:
- Year established: 2017
- Bitcoin, Ethereum, Ripple, Bitcoin money, Tether, and Litecoin, all are supported.
- Fraud risk is low.
4 ChickenFast
ChickenFast may be a particularly simplified cloud mining platform that offers great service and bitcoin mining to buyers who have no technical experience or gear.
Key Features:
- Automatic AI-guided algorithmic rule choice of the most effective money making algorithmic rule.
- The simplest mining procedure accessible on the market.
- Innovative sophisticated style.
- Environmentally property miningKey client service is offered twenty four hours on a daily basis, seven days per week.
Statistics:
- Established in 2015
- Bitcoin is one amongst the coins that’s supported.
- Fraud risk is low.
5 CCG Mining
CCG Mining could be a cloud mining app/platform that permits you to trade a spread of digital currencies like Bitcoin, Eterium, Zcash, and others. This package assists you in achieving the best hash rate potential so as to extend your cash.
Key Features:
- It permits you to make your own mining setup.
- Using SSL, this cloud application protects your digital cash.
- Allows you to trade currencies while not acquiring any maintenance fees.
- It doesn’t have any purchase restrictions.
- Customer service is offered via Skype and email.
6 Freemining
Freemining could be a Bitcoin mining platform that’s receptive to the general public. This cloud mining service permits you to settle on your withdrawal quantity and receive it promptly.
Key Features:
- This is one amongst the most effective mining tools that works promptly after you register.
- Allows for fast withdrawals.
- There aren’t any hidden prices. you’ll be able to see each single dealings.
- Playing games permits you to earn extra cash.
Statistical Highlights:
- Year of establishment: 2014.
- Bitcoin, Litecoin, Dogecoin, BCH, XMR, and TRX are supported coins.
- Fraud risk is low.
7 Genesis
Genesis Mining could be a programme that permits you to mine cryptocurrency. This application offers a large variety of mining-related solutions. It conjointly provides a straightforward thanks to mining digital cash. you do not want any previous mining or cryptocurrency commerce information to use our Cloud mining supplier.
Key Features:
- It is a prime cloud mining firm that has the fastest Bitcoin mining hardware in knowledge centres.
- Any cryptocurrency enclosed within the catalogue is straightforward to mine.
- It sends mining output to your notecase on a daily basis.
- You may use this Altcoins mining package to mine various cryptocurrencies, together with Ethereum and Bitcoin.
- It has Associate in Nursing easy-to-use UI.
Statistical Highlights:
- Incorporated in 2013
- Bitcoin, Dash, Ethereum, Zcash, Litecoin, and Monero are supported coins.
- Fraud risk is low.
8 IQ Mining
IQ Mining could be a Bitcoin mining package that accepts a spread of payment choices like credit cards, Yandex cash, and others. It bases its profit calculations on the foremost economical mining hardware with rock bottom contract maintenance expenses.
Key Features:
- Auto-reinvestment is supported.
- Provides filmable leverage.
- Using good contracts, this programme distributes payments mechanically.
- IQ mining provides daily Bitcoin payouts supporting the amount of MH/s you’ve purchased.
- You can cash withdrawal every day.
- It permits you to simply purchase your contact.
- Live help is offered twenty four hours on a daily basis, seven days per week
Statistical Highlights:
- Date of establishment: 2016
- Coins supported include Bitcoin, BCH, LTC, ETH, XRP, XMR, DASH, and more.
- Fraud risk is low.
Conclusion
No technical understanding is required for mining. Plus, no hardware is required to be acquired. You are not required to bear any operating expenses. It depends on the firm you want to invest in as well as the laws of your country. As a result, you should exercise caution when choosing a cloud mining service.
See More: Best Cryptocurrency Wallet Apps
