9 BEST Bitcoin Mining Sites In 2022 | Review & Comparison
This is how the mining equipment hosted by the cloud mining site or company and their own servers work, so what you hire is mining hash rate or power and they mine for you for profit.
While most cloud mining sites are a scam, there are many that actually work, measuring profitability, fair price and actual payments on their deals - unless you can buy a profitable hash rate with them. This tutorial will help you choose the best cloud mining sites that actually work.
Bitcoin Cloud Mining Sites Review
Pro-tips:
- Do research to determine the actual cloud mining sites and companies that actually provide the cost of their packages, their profitability and the frequency of payments. Online cloud mining profit calculators can provide a formula for the expected earnings to buy a given hash rate.
- The profitability of cloud mining depends on the difficulty of mining for that particular crypto, the cost of a package, and the value of the currency. Be sure to check the mining difficulties and the hash rate of a coin before buying a deal.
- Cloud mining sites do not control the mining difficulty or overall profitable mining hash rate for a given cryptocurrency, although they do support it for mining.
Fact Check:
- As of September 2021, China, the United States, Kazakhstan, Russia and Iran have been declared the top countries for cryptocurrency mining.
- High power consumption in crypto mining, reduced mining efficiency, high cost of mining equipment, depreciation cost of equipment and maintenance issues are some of the reasons to look for cloud mining sites.
Frequently Asked Questions
Q #1) Is it possible to mine Bitcoin in the cloud?
A: Yes, mining in the cloud is easier than your mining hardware. Just identify a Bitcoin cloud mining company in our list, sign up for an account, deposit the required amount and start mining in the cloud. You get rid of the high cost of buying mining hardware, maintenance costs, depreciation costs and set up hostels.
Q #2) Which is the best cloud mining software for Bitcoin?
A: The best cloud mining software for Bitcoin is Genesis Mining, with its experience and customer base. However, our list includes multiple options, including ScryptCube, Hashnest and others. You access cloud mining software based on the amount of payments, commissions / charges / charges, packages, optional mining coins, ease of use, withdrawal and deposit methods supported
Q #3) Is there a way to mine Bitcoin for free?
Answer: Barely there. You can try using free bitcoin mining software, but the ideal way to mine bitcoin profitably is to sell your computational energy to a mining firm that does it for you and pays you. This is a fairly inexpensive way of mining. Another way to make cheap bitcoin mining is through cloud mining connections.
Q #4) How does IQ mining work to mine Bitcoin?
A: IQ Mining allows you to mine Bitcoin, Ethereum and other supported cryptocurrencies. It works by signing up an account on their website, purchasing a mining contract package with the company, and then waiting for the mine to earn. Earnings or payouts are distributed to the account every day and you can check the balance. Then you can make as little as 10.
Q #5) Are there cloud mining apps that are free?
A: Yes, several. Even those that you can mine on Android, iOS and PC. Windows, Linux and MacOS devices.
For example, Storm Gain lets you mine crypto on Android and iOS. This means you don't have to buy extra mining equipment outside of your mobile phone. It claims to be a member of the Financial Commission's Blockchain Association. You can try the free Nicest CPU minor software for Windows and Linux.
Q #6) Is there such a thing as cloud mining? What is Bitcoin cloud mining?
A: Cloud Mining allows you to purchase a mining contract package from a company that owns mining equipment. After purchasing the contract, they will connect their machine to mine or third party cloud mining sites and pay you mining earnings according to the hash rate you purchased from them
With cloud mining sites, you don't have to buy, own, operate or set up mining equipment.
List Of Top Bitcoin Cloud Mining Sites
Here is the list of remarkable cloud mining companies:
- Shaming
- GMINERS
- ECOS
- Pinex
- Genesis mining
- ScryptCube
- Honest
- Bit deer
- ECOS
#1) Shamining
Shamining Cloud Mining Company was launched in 2018 and serves beginners for professional crypto miners. Based on the reviews, the company operates three data centers in Cape Town, California and London. In addition to Bitcoin Cloud Mining, you will find Ethereum Cloud Mining, Light coin Cloud Mining etc. Based on their website, they use wind turbines and solar panels to mine digital resources.
In addition to the minimum investment amount of $ 150, the company can organize for custom mining operations if the investment amount is above $ 100,000. Also, according to the cloud mining site, you can raise a minimum of $ 0.001 BTC.
Features:
- Like other cloud mining companies, it offers instant payments 24/7.
- With an average return multiplier, you can multiply your return on investment by 1.43 times.
- Like most cloud mining companies on the list, there is a calculator that allows you to estimate your earnings before investing in rental
Minimum investment: $ 150. Price: Starts at IC 0.0109 per 1 GH / S for ASIC mining and $ 0.0113 per 1 GH / S for GPU and $ 0.0120 / $ 0.0113 per 1 GH / S for GPU mining contract.
#2) GMINERS
GMINERS is a global cloud mining company headquartered in London, England. The up-and-coming platform has attracted 3000+ users so far, and at the moment it is the most promising in the field.
The company operates three data center parks in Iceland, Kazakhstan and Georgia. Focusing on ethical and eco-friendly cloud mining, GMINERS use mostly green-energy technology in their data centers (just like solar panels and wind power generators).
Let's get back to cloud mining under the GMINERS agreement. If you invest $ 5000 in one year option, you will get $ 600 as monthly income (including 117926 GH / s). So in one year of cloud mining, you can reach 7200 as a simple, stable passive income.
In other words, you earn bitcoin day after day without doing anything. The minimum deposit amount here is only $ 500. And it makes GMINERS one of the best cloud mining websites for new crypto investors.
Bitcoin options with current profitability rates
- Start: 143% (90 000 GH / s)
- Professional: 149% (450 000 GH / s)
- Smart: 156% (2 000 000 GH / s)
- VIP: 170 +% (with unlimited power)
The cost per 1 GH / s for all plans is $ 0.0120
Also, GMINERS provides a personal manager for each user.
Other features include daily instant pay, 24 hour support, 99.98% uptime. Users can join an affiliate program to earn extra income from the Bitcoin cloud mining process. We've found that it's easy to get started, control the process, and raise funds from this fast-growing cloud mining platform.
Users can check the profit statistics and income statement in the account at any time. Currently, Gminers has a 30% discount on all types of mining If you want to dive into the Bitcoin cloud mining experience with a better price, sign up now.
# 3) ECOS
ECOS is the only legitimate cloud mining company. It was established in 2017 in the Free Economic Zone in Armenia. ECOS has over 100,000 users worldwide.
You can easily estimate the mine return using a convenient mining calculator and choose the best option for you. ECOS is available in both web version and mobile app.
In addition to mining contracts and hosting equipment, the company offers crypto indices so that people can invest. These include NFT Index, Elon Musk Index, Top 10 Index, Deify Protocols Index, Metaverse Index and many more. The mobile app also offers a multi-currency crypto wallet for storing and exchanging 247 cryptocurrencies.
Features:
- Daily payment
- Customized contract purchase - You can customize your contract in terms of duration, hash rate amount and profit using a simple slider on the website.
- Android and iOS apps to manage your mining deals and other crypto resources.
- The lowest minimum withdrawal from the wallet is 0.001 BTC.
- 180 days warranty on their equipment for equipment and hosting services. Gadgets can mine for 5 years.
- Free trial mining contract for 1 month to test the platform.
- Minimum investment: $ 100
- Price: Customized. Minimum price 100
#4) Pionex
Pionex is not a cloud mining site but a crypto trading platform that also supports 12 bots that allow you to trade crypto or margin Can use to. These bots can also be used to trade crypto spot futures. Therefore, if you use cloud mining sites to create Bitcoin or other crypto, you can send them to Pionex Wallet for auto trading.
Pionex will be a favorite cryptocurrency for those who want to exchange their crypto automatically. It works great for trading USDT and USDC stable coins as well as USD. In addition to supporting direct deposits with credit cards - which take up to a day to complete - you can buy them on the Android and iOS Pionex Lite app.
- Grid Trading Bot
- Leverage trading bot
- Spot Future Arbitrage Bot
- Spot trading bot
- Arbitrage Trading Bot
#5) Genesis Mining
The Genesis Mining site is known for its ease of deposit and withdrawal when mining Bitcoin or other cryptocurrencies in the cloud. The company started in 2013 and now supports Bitcoin, Ethereum, Dash, Light coin and more than 7 other cryptocurrency mines across 6 major mining algorithms.
According to the Bitcoin mining site, they serve more than 2 million customers from more than 100 countries and handle more than 100 million crypto transactions. Their mining farms or servers are located in 10 locations across different continents, including Greenland, Estonia, Ice Land, United Kingdom and Sweden.
Features:
- 100% uptime guarantee to ensure that their clients do not waste mining time when buying contracts.
- 24/7 customer service.
- Genesis Mining Advanced Auto-Allocation from the user dashboard allows a user to assign their hash power according to their desire to mine multiple coins.
- Payments and withdrawals are made via Crypto Wallet, MasterCard, PayPal, Wire and Debit Cards.
- Mining output is generated daily but ready to withdraw after the payout reaches a minimum which depends on crypto mining. For example, BTC is 0.0015 BTC.
- Daily maintenance fees are deducted from mining output or earned coins. For the Bitcoin Radiant Classic, which is USD 0.03 per TH / s, and for the Radiant Zero package, the amount is zero.
Minimum investment: $ 16. Pricing: Depending on the crypto and package chosen - $ 16 to, 7,699 for Bitcoin Mining (different packages) and $ 500 for Ethereum Mining.
#6) ScryptCube
ScryptCube uses f2pool mining pool to mine bitcoin on behalf of users who do not want to spend a lot of money to buy mining equipment, want to manage their equipment locally and continue the setup. Based on an analysis of ScryptCube's wallet addresses over time, the company actually pays from f2pool and pays its users.
Analysis of the addresses of screenshots shared by various users in the company's telegram group shows that users have been receiving regular payments from the company since 2020. The Bitcoin Cloud Mining site allows users to mine Ethereum and will soon support beam mining.
Features:
- Telegram chat support. There is also an online mining calculator to determine if the hash rate package you want to buy is profitable and how much it can generate.
- No maintenance fees. Packages can be purchased through BTC, Visa and MasterCard system.
- Daily savings means you will earn daily digging in your account. You can check them in real-time on the account.
- Immediate withdrawal from the first day of mining.
- Referral Payment - 3% of the total purchase price made by your referral.
- Get real-time statistics of mining activity.
Minimum investment: $ 1.90. Pricing: The Bitcoin Mining Plan starts at 4.9 per 100 GH / s and $ 7.5 per 100 GH / s for a 2 year contract.
#7) Hashnest
The cloud mining company and site is owned by Bit main Technologies, which was founded in 2013 in China by Wu Johan and other investors. The company acquired Snowball.io, a cloud mining platform, in 2014. As you may already know, Bit main is one of the leading manufacturers of Bitcoin mining tools.
With the company, you can mine Bitcoin, Light coin, Cash and Dash cryptocurrencies. According to the website, they have more than 400,000 users worldwide. Hannest directs all miners to Antipolo, which is part of the Bit main Corporation.
Features:
- Smartphone app to manage mining investment in these bitcoin cloud mining sites.
- Ability to buy and sell Bitcoin cloud mining agreements in the open market with other users. This is easy to do from the User Accounts panel.
- Daily income is credited to the user's account.
- Only BTC is a recognized payment method.
- Customer support, two-step verification process after registration and minimum investment required.
- Redeem the hash rate for mining hardware.
- Use PACmiC (Payout Accelerate Cloud Mining ContractE) at no cost.
Minimum investment: Not available.
#8) Bit Deer
Beat Deer is one of the best cloud mining sites operated by a Singapore based company. It was founded by Celine Lu who is still the CEO. The company allows those who sign contracts on cloud mining sites to mine crypto using ASICs such as Ant miner S19 and S19 pro.
This article has been reviewed by trusted cloud mining sites, offering one of the greatest diversity for mining. Because it allows them to mine Bitcoin, but for those looking for Ethereum Cloud Mining and Bitcoin Cash Cloud Mining, Light coin Cloud Mining and 6 other crypto it is a great option.
A group may decide to purchase a hosted rig through the service and will oversee the bit deer mining. The group can share the prize equally after mining with the rig. With over 5 million visits and 1 million active users from 200 countries, it is one of the most active and trusted cloud mining sites on this list.
Based on the review, the company’s mining contract provides an 80% return user rate and more than 100 BTC output per day. Like other trusted cloud mining sites on this list, it is also widely reviewed on Foxy Rating sites, for example, proving that it actually works.
Features:
- In addition to the cloud bitcoin mining hash rate purchase service, it also offers cloud hosting to miners. It also sells Antbox Mining Farm which can occupy about 20 square meters and host up to 180 Antiminer S19 units.
- The hash rate market allows people to buy and sell hash rates with each other.
- Customized mining solutions for professional investors.
- Android and iOS apps for managing revenue and mining activity, getting support and more.
Minimum investment: $ 1833.50 for BTC mining. Pricing: Hash rate agreements vary depending on the amount of crypto and hash rates - for BTC and Bitcoin cash cloud mining, they range from 33 1833.50 for 50 TH / s to TH 46060 for 500 TH / s.
# 9) IQ Cloud Mining
This excellent cloud mining site was launched in 2016 on the verge of increasing demand for cloud mining services. Today, IQ Cloud Mining Company has mining equipment in Canada, Russia, Iceland, Georgia, Algeria and China, and customer support teams in the United Kingdom and Russia.
In addition to cloud bitcoin mining, this is a great option for those looking for Ethereum Cloud Mining, Lightcoin Cloud Mining and Ripple Cloud Mining. In fact, you can mine up to 150 different altcoins.
The company offers a 35% discount on all mining contracts. You can also put your earnings in the wallet of your choice every day.
Features:
- It also supports leveraged trading of crypto assets and forex derivatives in a 1: 3 to 1: 100 leverage ratio. Also supports options trading.
- Copy trading of experts on trading platforms.
- Contract commitment
- You can opt for a specific payment in USDT in a USDT mining contract.
- The Pro deal comes with 20% interest per year.
- Daily payout.
- Auto reinvests with income booster and earns up to 180% per year. 24/7 live support
Minimum investment: $ 250 Price: SHA 256 hash rate 1 0.622 per 10 GH / s for 1-year contract. That's 10 coins mine. Its potential income is up to 125%. The SHA-256 PRO 10 GH / s costs 2 0.718 for 2 years and can dig up to 150 coins and tokens. Lifetime Ethereum contract price $ 1.572 per 0.1 MH / s.