Provider
Pro and Contra
Fraud Risk
Supported Coins
Company Location & Working Since
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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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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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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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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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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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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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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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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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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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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 Dogecoin Cloud Mining

What is Dogecoin? Just like its cousins, Dogecoin is a crypto currency which is decentralized, not to mention it has a Shiba Inu picture in its logo! It first started as a “joke currency” from the famous dog meme that rapidly gained its community on the internet. Again, who wouldn’t want to have a currency with a cute dog as its picture? The coin has gained its reputation as a form of a monetary “like” to internet content providers. Instead of giving someone a like or thumbs up, why not give them a digital currency that can be spent?

Dogecoin was released way back in 2013 by its developer Billy Markus (Shibetoshi Nakamoto in Twitter). In 2015 100 billion coins were mined and around 5 Billion coins are added each year into circulation. With that being said, is Dogecoin still a cryptocurrency worth mining?

Why Mine Dogecoin?

People mine crypto currencies that are rising in value or they just love the coin that much and they want more of it. No one can actually stop you if you want to mine Dogecoin using your GPU, but is it still worth it? The best time to mine a coin would be a few months from its release date. This was a perfect time as the circulating coins aren’t that much and you would still make a huge profit margin. After four years of its release, Dogecoin has reached a point where it is not profitable to mine the coin anymore.

So what now? You can still mine Dogecoin as mentioned above, but due to the costs that would be included in mining, you wouldn’t make a profit out of it. You would still gain Doge’s but it would not be enough to pay for your electricity bill. Around three years ago it was announced that Litecoin and Dogecoin would merge mining. Everything seemed fine and ambitious, but years later, that move directly killed Dogecoin miners. You can read more about the mining merge here.

It was all fun at first, but when ASICs went into stage and Litecoin being one of the coins mineable with the new technology, it was also the death of Dogecoin mining. What happened is that industrial-grade mining facilities sprung up everywhere and they were able to provide an almost unlimited supply of hash power. Mining was crazy fast and made it useless for GPU miners.

Since you are now unable to profit by mining Dogecoin directly, people use that same technology that killed the mining industry of Dogecoin. Yes, people use that same hashpower today to buy Dogecoins from a coin that they are mining. Some people would mine Litecoins and trade them to Dogecoin. Basically, they are still mining Doge but indirectly. Due to the difficulty level is raised so high and $0.10 kWh with around 500,000 KH/s you are still unable to make a profit and would end up -$0.01 on a daily basis. You can check out the calculations through this link.

But even with this being said, you can still use cloud mining to mine different coins and use that to buy Dogecoins!

Cloud Mining Websites

Here are a couple of cloud mining websites that you might want to look into.

  • Genesis-mining.com
  • Eobot.com
  • Nicehash.com
  • Skycoinlab.com
  • Gigahash.org
  • Bitminer.eu