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 Monero Cloud Mining

Monero formerly known as “BitMonero“ has been around since 2014 and just like Dash, transactions are

encrypted. Meaning that every transaction is not transparent compared to other crypto currency that exists today. Monero is based on the CryptoNote protocol in which you can read more about here. In 2016, Monero raced through the charts and reached a market cap of 600 Million US Dollars, making it the 6th largest cryptocurrency being traded.

To get to know more about Monero, please click on this link.

If you are interested in mining Monero then you should put in mind the costs that would be involved. Of course you have calculated the cost of everything and even thought of using your computer to do the mining itself. There are two types of mining Monero, one would be through your computer’s GPU and the other would be cloud mining.

Mining with your own GPU has a lot of factors that you need to put into consideration. One would be the cost of electricity. Not to mention the mining difficulty in which you can view here. The higher the mining dificulty, the harder it is to get coins transfered into your wallet. That means that you need more GPU power and that also calculates to more money spent in buying new GPU’s. Meanwhile a infrastructure is built around Monero and the first movers in every niche, Casinos – are already supporting Monero.

This is the current difficulty level of Monero as per coinwarz.com. Why not look into Monero cloud mining?

Cloud Mining Monero

To cut the costs and get on with getting the crypto currency people want to get, they would rather cloud mine than having to spend thousands of dollars just to get the proper equipment setup. This all goes the same with mining Monero using your own hardware. Cloud Mining is becoming the solution when it comes to getting the coin that you want. This is especially true when you want to mine a coin that has proper a user base.

Just like FIAT, crypto currency value goes up when a lot of people use it. Since Monero is one of the “top dogs” in the crypto currency scene, mining with your own hardware now is not that profitable. I placed the current mining difficulty of Monero and with the adjustments added at 1000 H/s and I would be making $311.04 per year, that would be at $0.10 a day! With that amount of hashpower, it would take you a very long time before you would feel comfortable with what you are earning. Not to mention that the only loss for using cloud mining is that you need to continuously upgrade your contract in order for you to earn.

You can calculate your earnings through this link.

With a starting hashpower of 1000 H/s, which is really high, the ROI isn’t looking so good. But still, you are making an income, it’s not just that fast than expected. Is it worth the wait? Well, that decision would still be up to you.

Websites that offer Monero Cloud Mining

Here are websites that offer Monero cloud mining contracts. Read through them so that you may get an idea on how they operate. Just a reminer, before moving on with a cotnract make sure that you read through it and understand everything before you push for payment.

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