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 Factom Cloud Mining

What is Factom? Factom or FCT is something new to the Blockchain. Unlike any other coins out there today, Factom uses the existing crypto currency technology and integrates it into the real world. It uses the technology to store data using the Blockchains that exists today. It’s confusing, I know. Anyways, this is how it works. In our current world, we use data or information to claim things. If you want to purchase a house, you need to pay for a certain amount of currency to get that house under your name. To prove that you own that house, deeds are made to prove to the Government or the people that you own that house.

That information is stored in public data centers in which anyone with the right knowledge can hack that information and play around with it. Not to mention, banks can also manipulate deeds to their own advantage, remember the crash way back in 2008? Yes, that was something that is hard to forget. Now in order to secure information, you need something that cannot be tampered. And that’s where the Bitcoin Blockchain comes in. A Blockchain is a digital ledger that keeps all the transactions recorded. Today this is mainly used for crypto currency transactions. With a Blockchain, that information is stored publicly but only the owner of that certain hash can view the information encoded in it.

What Factom does is that they secure all information needed to be kept safe and make it into a hash code. That hash code can contain anything from titles, deeds, bank statements, and whatnot. The hash is then placed into the Blockchain for safe keeping. This way no one can ever get a hold of your information and use it against you. With Factom working with Bitcoin and Ethereum’s Blockchains to secure information, their success is slowly being appreciated around the world.

Can You Mine Factom?

Due to the nature of its success as a useable technology, people would ask the question, is it mineable? The answer to that would be a big NO. You can only buy Factom or Factiods directly from websites that sell them directly. Or you can always go to websites that offer cloud mining as they often include the option for you to convert the mined crypto currencies and convert them to Factom.

There are a lot of cloud mining websites out there today that you can choose from. A short list of options in which you can choose from is listed below.

  • Eobot.com
  • Nicehash.com
  • Bitminer.eu

Click on the links above and you will be redirected to our reviews page in which you can read about the specifics of each cloud mining website.

Factom is clearly something different from all of the other crypto currencies out there today, well at least they are into something different and not just introduce themselves as an alternative to Bitcoin. They have used the current technology of the Blockchain and made it into something that institutions and business today can appreciate.