Unless you have Bitcoin mining hardware like Antminer, you will probably not see a single coin mined with your “powerful” desktop, this is because it requires a lot of processing power just to solve a simple equation. This is where Bitcoin Cloud Mining comes in. Instead of mining a single coin, you rent a server in the cloud, which means you can participate in Bitcoin Mining without having to keep the hardware yourself.
What is Cloud mining?
Cloud mining is a way to mine Bitcoin cryptocurrencies without the need to own a miner or mining hardware. In short, you buy some stock of mining power, such as mining, and profit along with the pool. This means you only need a contract with someone who offers cloud mining services and a bitcoin wallet.
Like everything in life, there is a risk, those risks include the possibility of fraud and less profit due to opaque mining operations. There are different types of cloud mining, the couple main types of tools leasing or hashing power leasing. The hardware implies that you rent your miner for a specific duration, the hash lease implies the location of certain processing power.
Caution: there is no guarantee that cloud mining is profitable, do your own research, if you have the opportunity, I would rather invest in the Bitcoin exchange rather than the cloud.
- CryptoMining Farm | Hashing LeasingCryptomining. The farm is a cloud mining startup and investment opportunity that wants to give people a way to use high-quality crypto-currency mining with guaranteed returns. GHS is a virtual mining hash rate. They have no real Bitcoin ASIC hardware.
- Genesis Mining| 1000 GH/s for USD180 Genesis Mining is a large cloud mining company and provider of hash energy for Bitcoin and Altcoins. You can see every cryptocurrency available in the catalog! Change your mountain power instantly for all coins. You will receive daily payments for your investment in your designated wallet.
- HashFlare | 1000 GH/s for USD150 HashFlare. io offers cryptocurrency cloud mining services on modern and highly efficient equipment. The mini starts immediately after the confirmed payment. First payments in 24 hours. Miner is highly efficient mining equipment specifically designed for crypto-currency mining. Its data centers are home to hundreds of minors. The miners are connected to pools. There are many groups, so HashFlare allows you to connect with the ones you have chosen. Next, all mined cryptocurrencies are distributed among all HashFlare customers based on their share of the system-wide hashtags.
- Hashnest| Rent HardwareHashnest is a cloud hashing platform. This means you can participate in mining bitcoins without having to obtain the hardware yourself. Escape the noise, expensive electricity bills and guarantee headaches
- Bitcoin Pool| 2TH/s for USD900 | Hashing Leasing To start earning money, simply buy them a cloud mining contract. You do not need any special hardware to do cloud mining, they do the mining for you. They pay a 110% block reward and charge 0% fees for PPS and PPLNS.