The hashing power of the Starter account is 621,5 Gh/s, while the maximum hashing power is offered for the owners of the Gold account – 7,463.53 Gh/s. The hashing power on Hashflare can reach 100 Mh/s, while the minimum breakeven is estimated at 249 days. It is always great to use services of crypto mining platforms which have already deserved the trust of hundreds of users and confirmed their legitimacy. Coins: 13 (Bitcoin, LiteCoin, Ethereum, Dash, etc.) Its data centers are located there too using electricity generated by hydroelectric power stations and taking advantage of HVAC which was specially developed for these facilities and is environmentally friendly and economical. Contracts: 24 hours and 10 years, 2 contracts Contracts: lifetime for Bitcoin, one-year for Dash and Ethereum Payment Methods: Visa/Mastercard, Bitcoin, Bank transfer It can be made only if you have a special set of powerful computer equipment. Why do many new and experienced miners avoid buying expensive equipment and use services of cloud mining platforms? We have compiled a list and provided descriptions of the top 8 best cloud mining websites to consider for mining different altcoins. Unfortunately, history has seen and still does dozens of such frauds, so it is very important to consider several points about the cloud mining platform before you transfer any money to its accounts. In fact, cloud mining can be of three basic categories: It is a process of leasing some portion of the hashing power used by the company (no physical or virtual equipment is required). Silence as you don’t have to deal with humming mechanical sounds. Being a creation of the established company, Bitcoin Pool has an extensive network of data centers located all around the world. Who will invest money and buy online contracts if it does not provide any benefit in addition to the money return. Eobot is a trusted cloud mining platform established in 2013 in the USA. Cloud mining is also known as hash mining since people pay for ‘hash power’ measured in Gigahertz per second or GH/s. The platform offers mining of 5 altcoins which are also payout currencies. Minimum Investment: $41.90. What is the best EMA to trade Bitcoin Today? NuVoo is a Canadian company founded in 2017 and based in Quebec. Payment Methods: Visa, MasterCard, WebMoney, Bitcoin Since the service is quite user-friendly it will take a minimum of time to start mining. Payouts are usually made on a daily basis in cryptocurrencies available for mining. Location: Dublin You can receive payouts every day with a minimum of 0.01 BTC for Bitcoin. Location: Iceland The initial cost of the contract depends on the altcoin chosen and hashing power ordered. Minimum Investment: $5.99. Price (min-max): $41.90 – $3,142.35 Now it is your time to make your choice and start earning on crypto mining too. The platform offers daily payouts in the altcoins mined. Payment Methods: Bitcoin and Payoneer, T/T, Western Union, Bank cards Contracts: 6 months, 1, 2 years Hashing24 is a cloud mining service established in 2016 though its creators have been in the mining industry since 2012. Location: Estonia Minimum Investment: 0.0005 BTC/0.001 LTC. Their packages come with a great strategy of mining altcoins (which is easier) and immediately convert them to BTC to reduce risk. It offers multiple videos from its data centers and has no hidden fees featured by other platforms. It is very easy to start mining in CCG even for beginners who can watch a video lesson on this topic. Support for SHA-256, SHA-256 PRO, Ethereum, Equihash, while mining contracts can be signed for 1, 2, 5 years or lifetime. After spending 30 hours on research and testing (with our own money) 12 different cloud mining service providers, we found that the IQ Mining is currently the best cloud mining provider with excellent reputation and great offerings. Minimum investment is just $17. In general, the return time can be shorter in two cases. Best & Trusted Cloud Mining Services – Review 2020, Technical analysis of cryptocurrency PRIZM, 8bit Limited runs a contest in its Free DOGE faucet in Telegram, Shock, Hustle, and After-shock Predictions About Coronavirus, Traders are Turning to Forex Signals During Times of High Volatility, 6 Crypto Websites Blocked by Russia’s Media Watchdog, Including News Outlet, Blockchain Life 2020 welcomes 5000 participants and leading companies of the industry, How Cryptocurrencies Became a De-facto Payment Method for Online Gambling. One of the leading cloud mining platforms, Hashflare, is a subsidiary of another producer of the Bitcoin mining equipment Hashcoins. It is natural that miners will earn money only in some time since their first goal is to receive their investment in hash power back. Coins: Bitcoin, Ethereum, and Litecoin Minimum Investment: $24. The minimum withdrawal amount is 0.002 and it can be processed every day. The platform has a Demo Mining feature to try mining for free and understand how it works. The platform offers three basic contracts for 6 months, 1 year, and 2 years. The reason for that is multiple benefits guaranteed by cloud mining in comparison with hardware one. The minimum withdrawal sum is 0.001 BTC. Payouts of your earnings are made on a daily basis. Moreover, most of the reviews of miners about this service are positive too. Nicehash and Minergate both are the best and most Trusted Bitcoin Cloud Mining Sites from which you can mine some Bitcoins. When there are several miners who generate a transaction block to get altcoins as a reward, the volume of hash power plays a very important role since only the first miner to do that will win the prize. Contracts: 1-year contract and unlimited contract with 4 levels of investment Launched in: 2013 Contracts: 4 contracts (Starter, Bronze, Silver, and Gold) NuVoo is a trusted and legit cloud mining service which suggests following the work of its data centers online making its work transparent. Payment Methods: Visa, Mastercard, Bitcoin The company says about low power consumption and plans to build the largest data center in the world. The minimum payout is 0.0006 BTC. Beneficial mining contracts with quite affordable prices and bonus system for account holders. Coins: Bitcoin, Ethereum, Dash, Litecoin, Zcash, Good news: this article will tell you about the best and most trusted services which let users mine altcoins in the cloud by signing contracts with them and get real profit from this venture.