Best Cloud Mining Service

Top 6 Best Bitcoin Cloud Mining

What is Bitcoin Cloud Mining?

Cloud mining or cloud hashing enables users to purchase mining capacity that of hardware in data centres.

Two operators, Hashflare and Genesis Mining, have been offering contracts for several years.

Bitcoin cloud mining enables people to earn Bitcoins without bitcoin mining hardware, bitcoin mining software, electricity, bandwidth or other offline issues.

Bitcoin cloud mining, sometimes called cloud hashing, enables users to buy the output of Bitcoin mining power from Bitcoin mining hardware placed in remote data centres.

Then all Bitcoin mining is done remotely in the cloud. This enables the owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.

      

What are Bitcoin Cloud Mining Advantages?

• No excess heat to deal with
• Quiet because of no constantly humming fans
• No electricity costs
• No bitcoin mining equipment to sell when bitcoin mining is no longer profitable
• No ventilation problems with hot equipment
• No preordered bitcoin mining hardware that may not be delivered on time by bitcoin mining equipment supplier 

What are Bitcoin Cloud Mining Disadvantages?

• FRAUD!!!
• Unverifiable or otherwise shady Bitcoin cloud mining operations
• No fun! If you like building your own Bitcoin hashing systems.
• Lower profits – Bitcoin cloud mining services or mining company will have expenses
• Bitcoin mining contracts may have the ability to cease operations or payouts in the contracts if the Bitcoin price is too low
• Lack of possession of the Bitcoin mining hardware
• Lack of ability to change the Bitcoin mining software

First Click here to Create Coinpot Wallet!

Top 5 best Cloud Mining Website Service

Being listed in this section is NOT an endorsement of these services and is to serve merely as a Bitcoin cloud mining comparison. There have been a tremendous amount of Bitcoin cloud mining scams.

Before starting, you will need to buy Bitcoin or another cryptocurrency to pay the cloud mining websites this site also accept debit cards.

Coinbase.com - Is a secure platform to buy, sell, transfer, and store digital currency they also give Free BTC Worth $10 for signing-in    

Coins.ph - is a Philippine-based company that allows you to buy, send and receive Bitcoin

Changelly.com - selects the best crypto trade

Coinmama - is a bitcoin broker based in Israel. specialize in selling bitcoins for credit card to nearly anyone in   the world.

shapeshift - is the leading instant digital asset exchange, supporting dozens of blockchain tokens including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin and many more!

• Genesis Mining : Genesis Mining is the largest Bitcoin and scrypt cloud mining provider. Genesis Mining offers three Bitcoin cloud mining plans that are reasonably priced. Zcash mining contracts are also available.

• Hashflare : Hashflare offers SHA-256 mining contracts and more profitable SHA-256 coins can be mined while automatic payouts are still in BTC. Customers must purchase at least 10 GH/s. 

• Eobot : The easiest, cheapest, and best cloud mining solution. you can start free mining and also exchange between any cryptocurrency. to earn free mining speed or cryptocurrency you need to login daily on website and claim your free faucets under product tab. you will receive daily free bonus on this website. visit daily and claim your free faucets is the key point to earn free bitcoin on this site. 

• Minergate.com : Mine coins with the highest exchange rate. you can withdraw as little as 0.01 coin. miner gate is very legit site. here you can purchase various cloud mining contract. You can also use your own computer and mobile to mine the bitcoin, bytecoin, dashcoin, litecoin, etherium and many more coin without investing single penny. it will run the algorithm in our device to mine cryptocurrency. you only required proper internet connection and computer power.

• Hashing24 : has been involved with Bitcoin mining since 2012. They have facilities in Iceland and Georgia. They use modern ASIC chips from BitFury deliver the maximum performance and efficiency possible. 

• Electroneum (ETN) : The process that we currently call Mobile Mining (soon to be known as and replaced by Cloud Mining) is the activity of rewarding users with free ETN every month. Users are able to mine up to $3 USD worth of ETN each and every month, which can be stored or spent with any retailer that accepts ETN. If you haven’t already opted into Cloud Mining, you should update to the latest version of the Electroneum App and activate the cloud mining process. In the near future this will be the only route by which you will be able to continue In-App Mining.

Android App Only!

 Bitcoin cloud mining profitable?

Cloud mining productivity depends on many different factors. They take into account various parameters such as the cost of your hardware, electricity cost and other network related variables that you can’t control.

This article is not to be taken as investment advice, as it’s just my own speculation.

Thanks you for reading this article! :)