Provider
Pro and Contra
Fraud Risk
Supported Coins
Company Location & Working Since
Visit
96
Pro and Contra
  • Immediate payouts if hashpower is purchased from bitcoin
  • Unlimited contract length
  • Maintenance fees for litecoin and bitcoin
  • In case of wire transfers they charge a commission fee
Fraud Risk Low Supported Coins Bitcoin, Litecoin, Ethereum, Zcash, Dash Company Location & Working Since

Company Location:
Tallinn, Estonia

Working since:
2014

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82
Pro and Contra
  • P2P rigs can be rented from miners
  • Free pool selection
  • High fees
  • No fancy design
Fraud Risk Low Supported Coins Bitcoin, Litecoin, Dash, Zcash, Monero, Ethereum, Ethereum Classic, Auroracoin, Gridcoin, Blackcoin, Startcoin, Dogecoin, Peercoin, Namecoin, Vertcoin, NeosCoin, Blakecoin, Vivocoin, Trezarcoin, Desire, Innova, Myriad, Quarkcoin Company Location & Working Since

Company Location:
New York, USA

Working since:
2014

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Visit Website
82
Pro and Contra
  • Interesting side projects Cloud SETI and medical researches
  • Immediate payouts
  • High maintenance fees
  • Basic website
Fraud Risk Medium Supported Coins Bitcoin, Ethereum, Litecoin, Steem, Dogecoin, Ripple, Dash, Reddcoin, Bitshares, Curecoin, Xem, Monero, Zcash, Factom, Bytecoin, Augur, Lisk, MaidSafe, Gridcoin, GoldCoin, Golem Company Location & Working Since

Company Location:
Los Angeles

Working since:
2013

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60
Pro and Contra
  • Mining farms are spread across various locations for security reasons
  • Custom mining plans are available
  • Maintenance fee on the SHA256 contracts
  • Slow and unhelpful customer support
Fraud Risk Low Supported Coins Bitcoin, Unobtanium, Litecoin, Dash, Zetacoin, Darkcoin, Monero, Dash, Startcoin, Dogecoin, Bitcoin Dark, Peercoin, Namecoin, Ethereum, ZCash, Ethereum Classic, CureCoin, Augur Company Location & Working Since

Company Location:
Hong Kong

Working since:
2013

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78
Pro and Contra
  • High paying referral program
  • Low fees
  • Lack of information on the company
  • Clients are unable to select mining pools
Fraud Risk Medium Supported Coins Bitcoin Company Location & Working Since

Company Location:
N/A

Working since:
2014

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Visit Website
54
Pro and Contra
  • Free 50Gh/s hashrate upon signup
  • Unlimited lifetime service
  • High risk of scam due to unlimited upside potential
  • Virtual mining, not bitcoin mining
Fraud Risk High Supported Coins bitcoin Company Location & Working Since

Company Location:
Chiang Mai, Thailand

Working since:
2014

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72
Pro and Contra
  • 14 different altcoins are available in their mining pool
  • Transparent pricing structure
  • Withdrawals are available from 0.01 coins, including bitcoins too
  • Only bitcoin cloud mining is available
Fraud Risk Medium Supported Coins Bitcoin, Moero, Fantomcoin, QuazarCoin, DigitalNote, MonetaVerde, Dashcoin, Aeon, Infinium-8, ZCash, Bitoin Gold, Ethereum, Ethereum Classic, Litecoin Company Location & Working Since

Company Location:
N/A

Working since:
2014

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Visit Website
68
Pro and Contra
  • Option to trade hashpower
  • Possibility to mine multiple altcoins in the pool
  • Complex product structure is technical, not for newbies
  • Only bitcoin payment option is available
Fraud Risk Medium Supported Coins Bitcoin, Ethereum, Litecoin, Steem, Dogecoin, Ripple, Dash, Reddcoin, Bitshares, Curecoin, Xem, Monero, Zcash, Factom, Bytecoin, Augur, Lisk, MaidSafe, Gridcoin, GoldCoin Company Location & Working Since

Company Location:
N/A

Working since:
2014

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Visit Website
72
Pro and Contra
  • Low cloud mining price and maintenance fee
  • Possibility to trade hashpower
  • Multiple cloud mining providers belongs to the same company
  • Only bitcoin and litecoin is accepted as payment methods
Fraud Risk Medium Supported Coins Bitcoin, Litecoin, Ethereum, Zcash Company Location & Working Since

Company Location:
China

Working since:
2014

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Visit Website
54
Pro and Contra
  • Possibility to trade hashrates
  • Possibility to buy mining rigs
  • Most of the website requires registration with BitMain passport
  • PACMiC contracts and payouts are complex and might be difficult to understand
Fraud Risk Low Supported Coins Bitcoin Company Location & Working Since

Company Location:
China

Working since:
2014

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Visit Website
Offline
2
Pro and Contra
  • Straightforward pricing structure
  • No maintenance fee
  • Lack of information on services and owners
  • No wallet
Fraud Risk High Supported Coins Bitcoin, Litecoin, Dogecoin, Darkcoin Company Location & Working Since

Company Location:
Sudbury, Canada

Working since:
2014

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Visit Website
46
Pro and Contra
  • Vault paying interest
  • Google Play app
  • High fraud risk
  • Maintenance fee
Fraud Risk High Supported Coins Bitcoin, Ethereum, Litecoin, Steem, Dogecoin, Ripple, Dash, Reddcoin, Bitshares, Curecoin, Xem, Monero, Zcash, Factom, Bytecoin, Augur, Lisk, MaidSafe, Gridcoin, GoldCoin Company Location & Working Since

Company Location:
London

Working since:
2015

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Visit Website
Offline
2
Pro and Contra
  • Low maintenance fee
  • Easy to use website
  • Bitcoin is not available to mine in the cloud
  • No social media presence
Fraud Risk High Supported Coins Litecoin, Feathercoin, Dogecoin, Novacoin, Worldcoin, Infinitecoin, Anoncoin, Digitalcoin Company Location & Working Since

Company Location:
Varna, Bulgaria

Working since:
2013

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Visit Website
Offline
2
Pro and Contra
  • Bring your own device program
  • Credit card payment and wire transfer is available
  • Client must ship the mining equipment on own cost
  • No co-hosting option
Fraud Risk Low Supported Coins All Company Location & Working Since

Company Location:
Seattle, US

Working since:
2014

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Best Bitcoin Cloud Mining

You have read about Bitcoin and how people are talking about it today,

correct? You find yourself reading through Bitcoin trading and how people are making money just by buying and selling the crypto currency until you reach the part where you read about Bitcoin mining. There are basically two major types of mining, Hardware mining, and Cloud Mining. With Hardware mining, you would need to have physical assets wherein Cloud mining you just need to strike a deal with contract sellers and they would take care of the rest.

What are Contracts? A Contract is the amount of hash power that you are going to buy from people that have hardware facilities dedicated to Bitcoin mining.

In order to make money through Bitcoin cloud mining, we need to look for the best websites to start with. Keep in mind that cloud mining can be a little bit expensive as you would be paying for the electricity and hardware. But in return, you do not get your hands dirty through the process of mining Bitcoin.

You can read more about Bitcoin Mining through this link.

Why Mine Bitcoin?

Cloud mining means that you look for a company that owns mining hardware and you pay them for the services. Since you would be renting a share of their hash power, you would be earning a share of their total income in mining as well.

Many people today are starting to realize the effect and usability of Bitcoin in our advanced world. And the only way to get Bitcoin today is either buy Bitcoin directly from exchange websites or mine it yourself. Being a miner can be really rewarding as this is the core of crypto currencies, without miners, there wouldn’t be a market for crypto currencies today.

Being a miner isn’t always that nice since you need to deal with a lot of things in hand. First, you need to have the financial capability of starting a real mining facility. A successful mining facility needs to have thousands of mining machines and not just one unit working the clock.

Good thing that we have cloud mining in hand as you do not need to think about the space that you are going to rent for the machines to setup in. You do not need to think about the huge electricity bill that would come knocking on your door every month. And of course, you do not need to think about the people that you are going to hire to help you with your project.

Bitcoin is the first and the best crypto currency today. Why? Simply because it is recognized by people that know about the crypto currency market today. A discussion about how Bitcoin is earned by mining can be read through this Reddit post.

Best Bitcoin cloud mining websites

With that being said, let us look into these two websites that I think would be the best entry level websites to mine Bitcoin at:

  • Genesis-mining.com
  • Hashflare.com
  • Eobot.com
  • Bitminer.eu

There are actually a lot of websites that cater to Bitcoin cloud mining today. I have only listed four above as starter websites for you to look into. To know about their hash contracts just simply click on the website you want to know more about and get a full review of contracts, algorithms and everything about each website.