With Bitcoin cloud mining, a customer can purchase mining capacity in hardware provided at a data center. You can earn Bitcoins and another cryptocurrency without worrying about hardware, software, bandwidth, electricity, and all the other things that mining is typically associated with. The mining is done remotely in the cloud for maximum efficiency. The following list gives the best ten companies to look to if you are interested in Bitcoin cloud mining. Genesis Mining Genesis Mining – Home Page Genesis Mining is a very transparent cloud mining company that is well-known throughout the sector. It is one of, if not the most, the most popular cloud mining providers for Bitcoin, Ethereum, and other coins. The company has also registered with the SEC for a Bitcoin mining fund. The mining contracts are lifetime and do not have a maturity date, so you can continue to mine for as long as the contract remains profitable. There are different contracts with Genesis Mining. The X11 contract allows mining or Bitcoin, LiteCoin, Dogecoin, Dash, Peercoin, Namecoin, and Startcoin. The SHA-256 contracts provide mining of Bitcoin, LiteCoin, Zetacoin, Dash, and Darkcoin. They offer a great platform for those who want to do mining but prefer not to set up a rig at home or choose a particular mining pool and associated hardware and software. Www.Genesis-Mining.com HashFlare Hashflare – Home Page HashFlare offers a range of cloud mining services provided by cryptocurrency experts. The team at HashFlare has been involved with cryptocurrencies since the inception of Bitcoin and has years of experience in the field of mining various cryptocurrencies. They wish to make mining available to everyone, no matter their location, age, investment, technical ability, or experience. But with our help and user reviews. They are the largest Bitcoin cloud mining provider and furthermore are now offering Ethereum/X11 mining contracts as well. Cloud mining can be done for Bitcoin, as well as ZCash, Dash, and Ethereum. The cost of entry is low with HashFlare and there is negligible risk and expense associated. The company website has a very clear dashboard to use, and offers unlimited term contracts, along with detailed statistics you can peruse at any time. Www.HashFlare.io HashNest Hashnest – Home Page HashNest is a hardware-backed platform that offers cloud mining contracts at reasonable prices. The company is based in China and was launched in 2014 by Bitmain. Bitmain is known for being a major manufacturer of hardware that is used in Bitcoin mining. Mining farmers are located in Mongolia and Sichuan, among others. The company offers a mobile app which allows you to purchase and manage your hash power, as well as monitor your payouts. The website itself uses two-factor authentication to provide security for customers. Contracts include maintenance and are inexpensive when compared to other Bitcoin cloud mining companies. Minex Minex – Home Page Minex is a global Bitcoin cloud mining contracts aggregator. Different contracts from various companies with various terms are put into a single package which is balanced according to algorithms and strategy. The team is on top of finding the best offers to add to user’s packages. Minex has a goal of providing the most diverse packages which maximize user rewards. Users acquire a CloudPack, which can be accessed on their dashboard. As such, you enter a board who help settle on the aggregate choice about cash dissemination. Because of this, the future earnings of every person rely on accomplishment by the aggregate choice. MinerGate Minergate – Home Page MinerGate is a smart-mining multi pool which allows users the ability to mine the most profitable cryptocurrency available. Users mine coins through smart-mining or can choose to mine a particular cryptocurrency, if preferred. Merged mining is available for MCN and FCN, which allows you to mine both at once without any hash rate loss. The cryptocurrencies that MinerGate provides include ETH, ETC, LTC, XMR, BCN, XDN, QCN, FCN, MCN, AEON, DSH, INF8, and ZEC. Users can also refer inexperienced users to take advantage of a 30% referral program bonus. MinerGate a 1% fee for PPLNS and 1.5% fee for PPS payments. Www.MinerGate.com EOBot EObot – Home Page EOBot was founded in Los Angeles, California in 2013 by undisclosed owners. They are one of the longest running cloud mining companies, but there is no information about their founders, even on their LinkedIn page. EOBot mines a number of different coins including BTC, ETH, LTC, STEEM, DOGE, XRP, DASH, RDD, BTS, CURE, XEM, XMR, ZEC, FCT, BCN, REP, LSK, MAID, USD, GRC, and GOLD. The contracts from EOBot range from as short as 24 hours up to five years. They consistently add new features and upgrade their equipment. As a block of coins is mined, it immediately appears on a customer’s account. Their website is easy to use, but simple in design. They also offer customer support via email, support form, or a hotline number. Www.EOBot.com Hashing 24 Hashing 24 – Home Page Hashing 24 was built by professionals to offer a service for those who want to get involved in Bitcoin mining. They work to provide access to the newest technologies and industrial data centers from your mobile phone or laptop. The team at Hashing 24 has been in the cloud mining business since 2012 and keep on top of changes in the Bitcoin Market to help their customers. Hashing 24 is known for choosing reputable and reliable partners who have access to the best data centers and equipment available. They increase selling capacity as needed to provide customers with more opportunities. They also offer warranties for their equipment and maintenance, so they will be accountable at any time there is a disruption to the cloud hosting used for mining. Bitcoin.com Pool Bitcoin.com Pool – Home Page Bitcoin announced their cloud mining services in 2017 and it has been growing quickly ever since. The company captures 2.93% of the Bitcoin network. The company offers the chance for Bitcoin enthusiasts to main Bitcoin without being required to buy and operate mining hardware, which can be expensive. The cloud mining system is in North America and all sales are handled by the Bitcoin.com Pool team, who will also offer service and support. The company has the highest profit contracts in cloud mining and provide 100% uptime, as well as a stable hashrate. Contracts begin at one month and can go up to a lifetime. Pool.Bitcoin.com TeraBox Terabox – Home Page TeraBox allows clients to join and reap the benefits of Bitcoin mining in the cloud. They offer competitive prices and a free trial so potential customers can preview the services before buying. The company has offered cloud mining contracts since late 2014. However, they don’t provide information on their location or founders in order to provide privacy to clients. Signup at TeraBox is simple and as soon as a client purchases power in the mine, they will start to see profits immediately. Customers can later choose to keep earnings in their account or they can reinvest into further power on an automatic basis. Www.TeraBox.me SkyCoinLab SkyCoinLab – Home Page SkyCoinLab is a Bitcoin, Litecoin, and alt coin cloud mining operation that has experienced popularity on the market. It is headquartered in Ontario and offers one-year contracts for cloud mining at reasonable prices. The company has a reliable customer support team which can be contacted by phone. This company has no mining or pool fees, allowing you complete profit from the contract that you buy into. In addition, the company goes over the prices each money in relation to hardware costs and difficulty of mining. They are happy to lower prices to compete with other websites and offer a great deal to current and prospective customers. For those who have been considering getting into the cryptocurrency boom, these companies all offer a way to do so without a huge startup cost and little to no upkeep. Some companies offer many different cryptocurrency options, while others rely on Bitcoin only. These companies are all reputable and can be a desirable choice, provided they offer the features you want. We hope this provides you with enough information to move forward into the world of Bitcoin cloud mining while being fully informed. How to Cloud Mine Bitcoin When it comes to Bitcoin, there is plenty of potential to make huge returns on investment. Read this article to learn how to cloud mine Bitcoin. Keyword(s): How to Cloud Mine Bitcoin The value of a currency used to rely solely on physical mines. Men, women and even children would be sent down into the earth to find and retrieve valuable metals that would then support investments, trade, and the economy. That changed with the creation of Bitcoin. Now, without having to crawl into the deep, dark, dank earth. If you're new to Bitcoin, this ultimate guide will show you the ropes to get you started with investing in this currency by teaching you how to cloud mine Bitcoin. • Overview - Table of Contents • • • • • • • • • • • What is Bitcoin and why would I want to invest in it? Bitcoin is a digital currency that does not fall under the control of any bank or the regulations of a particular currency. For this reason, Bitcoin can be used to make anonymous purchases. Because of this, Bitcoin and other digital currencies are also known as cryptocurrencies. Bitcoin was worth more than $1,000 at the start of 2017 and is predicted to rise to a value of. The potential to triple in value can make Bitcoin an exciting investment opportunity. There are several ways to invest in Bitcoin: • - Exchange money in another currency • - Transfer Bitcoin from computers or smartphones • - Mine Bitcoin • - For the purposes of this guide, we're going to stick with the third method: How to cloud mine Bitcoin. The good news is that you don't need a lot of equipment. Unlike climbing into a physical mine where you need safety equipment, lighting equipment, and mining equipment, you just need a computer and local bitcoin wallets. What is a Bitcoin wallet and why do I need one? You probably keep your money, credit cards, and identification in a wallet that you can tote in your purse or pocket. A works just like a physical wallet, except that it's digital. It will store your mined Bitcoins for you, as well as serve as your identity in the Bitcoin market. Since Bitcoin does not involve sharing your personal information, your wallet number will identify you so that you can conduct transactions. What's great about learning how to cloud mine Bitcoin? When it comes to mining Bitcoin, you can elect to purchase lots of equipment, driving up your initial cost, or you can go the cloud mining route. Benefits of cloud mining Bitcoin include: • - Fewer costs, both in added electricity and upfront equipment • - No equipment to sell after you stop mining (should there come a time when it's no longer profitable) • - No issues with overheating equipment, and therefore a cooler home • - Less equipment-related risk • - For the new Bitcoin miner, cloud mining can be the best solution because it involves less upfront cost. Think of if you were going to start a business. If someone said you had two options--to open a brick-and-mortar store or to open a digital store, which would you choose? Financially, it might be more feasible and less risky to open a digital store. If that brings success, you might think of expanding to a physical location, but why deal with rent, landlords, utilities, and insurance just to get up and running? Digital solutions streamline and save money, and the same goes for mining Bitcoin. What should I look out for if I am cloud mining Bitcoin? Like any type of investment, there are risks involved, even with Bitcoin mining. That said, we think the risks are less costly than opening a physical mine to search for gold or some other precious metal or gem.
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March 2018
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