Cloud Mining is the process of cryptocurrency mining that utilizes a remote data center with shared processing power. Mining cryptocurrencies via the cloud is an ideal way to use the power of specialized mining equipment without having to own or maintain the hardware yourself. This approach can help you save time and money while still reaping mining rewards. Many Cloud Mining Services are frauds and scam end users. Selecting a legit service that pays you consistently is a challenge. Following is a thoroughly researched list of the Top Cloud Mining sites with their features, pros, cons, key specifications, and website links.
Top Pick
StormGain is an innovative Bitcoin mining software that allows you to invest in digital currency effortlessly. It features a user-friendly dashboard that helps you monitor assets rising and falling. This application also has powerful charting tools to track trends and price movements.
Top Cloud Crypto Mining Websites Reviews (Trusted & Legit): Free/Paid
| Name | Founding Year | Supported Coins | Fraud risk | Link |
|---|---|---|---|---|
| 👍 StormGain | 2019 | Bitcoin, Bitcoin Cash, Litecoin, etc. | Low | Learn More |
| 👍 ECOS | 2017 | Bitcoin, Ripple, Bitcoin Cash, Tether, Litecoin. | Low | Learn More |
| Binance | 2017 | Bitcoin, Ripple, Bitcoin Cash, Litecoin | Low | Learn More |
| Hashing24 | 2015 | ZCash, Dash, Litecoin (LTC), Bitcoin (BTC) | Low | Learn More |
| Hashshiny | 2016 | Bitcoin, Dogecoin, Litecoin, etc. | Low | Learn More |
1) StormGain
Best for Experts and beginners
StormGain is an innovative Bitcoin mining software that allows you to invest in digital currency effortlessly. StormGain, founded in 2019, features a user-friendly dashboard that helps you monitor assets rising and falling. This application also has powerful charting tools to track trends and price movements.
#1 Top Pick
Founding Year: 2019
Supported coins: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, etc.
Payout Frequency: Daily
Fraud risk: Low
Features:
- It protects your cryptocurrency by keeping it in a secure wallet.
- You have the option to choose the payment that best suits your needs.
- StormGain is available in a variety of languages, including English, French, Spanish, and Italian.
- You can mine digital currency without expensive equipment.
- It has an easy sign-up process.
- Up to 12% interest rates on your funds.
- Supports a diverse range of coins including Bitcoin, Bitcoin Cash, and Litecoin.
Pros
- User-friendly interface.
- It supports a range of cryptocurrency trading.
- Gives up to 20% Bonus on every deposit.
- It is supported by 230+ countries.
Cons
- The system needs to be properly regulated.
- There is no in-built bot to automate trading.
Pricing:
StormGain, one of the trusted cloud mining sites, offers FREE Bitcoin Mining. Once you’ve started, the platform ensures liquidity with daily payouts, and the threshold for these payouts is set at 50 USD. As one of the leading crypto mining sites, users can trade confidently, knowing there are no hidden maintenance fees to worry about; the only charge is the transparent trading commission (if you trade). You can collect your payouts every 4 hours.
2) ECOS
Best for Its operating system, which works with legal status
ECOS is the most trusted cloud mining provider in the industry. It was established in 2017 in the Free Economic Zone. It is the first cloud mining service provider that is operating with legal status. ECOS has more than 100,000+ users from all over the world. It is first cryptocurrency investment platform with a complete suite of digital asset products and tools.
#2
Founding Year: 2017
Supported coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, Litecoin.
Payout Frequency: Daily
Fraud risk: Low
Features:
- Convenient calculator on the website for choosing a mining contract
- Daily payments and detailed transaction history
- ECOS is more than just a cloud mining platform – it also offers a wallet, exchange, investment portfolios, and savings feature.
- You can download the ECOS mobile app from either the App Store or Google Play.
- It is a convenient way to access your account and perform various tasks.
- ECOS supports a diverse range of coins, including Bitcoin, Ripple, Bitcoin Cash, Tether, and Litecoin trading options.
- Use Coupon code “GURU” and get a free cloud mining contract for 1 month.
Pros
- It provides payments on a daily basis.
- The low minimum withdrawal from 0.001 BTC.
- Offers a wide range of cloud mining contracts
Cons
- Only BTC mining
Pricing:
ECOS, recognized as one of the top crypto mining sites, provides an accessible entry point for investors with a minimum investment set at $150. Once engaged, users can expect daily payouts with a threshold as low as 0.001 BTC. As a legit cloud mining platform, ECOS offers transparency in pricing, with plans starting at just $0.75 TH/S per month.
3) Binance
Best for Easy to mine
Binance allows you to mine bitcoin at home with zero risk. Binance, founded in 2017, offers free Bitcoin mining using any internet-connected device like mobile phones, computers, and tablets.
#3
Founding Year: 2017
Supported coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin
Payout Frequency: Every 8 hours
Fraud risk: Low
Features:
- Each mining session ends after 8 hours, and you will receive your reward for that session.
- You can withdraw your reward once you have mined 0 USDT. Withdrawals are credited to your wallet within 8 hours of requesting them.
- Binance allows you to mine using just the Binance mobile app without requiring third-party software.
- To join, you need to create a Binance CFD account, complete the identification and due diligence process, sign in and activate mining.
- Binance offers extensive support for coins including Bitcoin, Ripple, Bitcoin Cash & Litecoin.
- You can increase the mining power using their customer loyalty program
Pros
- User-friendly interface.
- No Hidden Charges
- Trusted name operating since 2017
- Over 250 tradable assets
Cons
- Not many digital currencies are supported
- Auto trading bots are not supported.
Pricing:
Binance, often recognized as a free mining website, stands out with its user-centric approach, allowing individuals to start their investment journey with no minimum investment requirement. Users benefit from a payout structure that’s both frequent and flexible, with disbursem*nts every 8 hours and a minimum payout set at 0 USDT. Moreover, Binance ensures transparency in its pricing model; there are no hidden maintenance fees, with costs solely based on a clear trading commission.
4) Hashing24
Best for Individuals who wish to access Bitcoin mining
Hashing24 is one of the most accessible cloud mining providers for individuals interested in Bitcoin mining technology. Hashing24, founded in 2015, is a user-friendly Bitcoin cloud mining software that comes with 24/7 customer support. This software allows you to mine cryptocurrency without purchasing any equipment. It provides access to data centers in the real world & can automatically deposit your mined coins into your balance.
#4
Founding Year: 2015
Supported coins: ZCash, Dash, Ethereum (ETH), Litecoin (LTC), Bitcoin (BTC)
Payout Frequency: Once per day
Fraud risk: Low
Features:
- The website provides a convenient calculator to help you choose the best mining contract.
- Hashing 24 offers daily payments.
- This cloud mining site offers weekly promotions and auctions for registered users.
- Provides 100% uptime guarantee
- Hashing24 provides diverse coin support, including the popular Bitcoin (BTC), ZCash, Dash, Ethereum (ETH), and Litecoin (LTC).
- Get a free mining contract for 1 month after registration.
Pros
- A very less daily service charge of 0.033 USD or 0.00014 USD.
- Good technical support is offered on a 24/7 basis.
- It has good earning potential. You can earn 0.000006 BTC or 0.04USD per day.
Cons
- The only cryptocurrency you can mine is Bitcoin.
Pricing:
Hashing24 offers a flexible entry point for investors, with a minimum investment set at just 0.0001 BTC. Users can anticipate daily payouts with a modest threshold of 0.0007 BTC. The platform presents a transparent pricing structure with three distinct plans: a 12-month plan priced at $72.30 per 1TH/s, an 18-month plan at $108.40 per 1TH/s & a comprehensive 24-month plan available at $144.60 per 1TH/s. This approach ensures that both new & seasoned investors find a plan tailored to their needs.
5) Hashshiny
Hashshiny is bitcoin mining software that enables you to find profitable pools with ease. It uses the newest ASIC miner and GU rigs.
#5
Founding Year: 2016
Supported coins: Bitcoin, Ethereum, Dogecoin, Litecoin, etc.
Payout Frequency: Daily
Fraud risk: Low
Features:
- It automatically performs the backup of the database.
- Enables you to control the mining process with no hassle.
- This application offers a graph with hashrate that provides you live data.
- Can be accessible from Android and iOS devices.
Pros
- Provides real-time mining hashrate within the application.
- Provides payments solutions in PayPal and cryptocurrency wallets.
Cons
- Prices are more expensive than their competitors.
Pricing:
Hashshiny offers an enticing earning potential for enthusiasts, especially in BTC mining, with potential daily earnings up to $182.93. The platform is designed to be inclusive, requiring a mere $10 as a minimum investment. To ensure consistent returns & maintain user trust, Hashshiny commits to daily payouts, making it a compelling choice for those venturing into the cryptocurrency mining landscape.
6) BitDeer
Best for Providing direct deposit from top mining pools
BitDeer is a highly trusted sharing service platform for digital asset mining machines. Founded in 2018, it is one of the best cloud mining sites that enables users to rent out their unused computing power and earn cryptocurrency. It also provides support for multiple fiat currencies.
#6
Founding Year: 2018
Supported coins: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash, etc.
Payout Frequency: Daily
Fraud risk: Low
Features:
- It offers customized mining solutions for professional investors.
- Bitdeer provides real-time analytics and also supports a smart sharing feature.
- Daily outputs of over 100BTC a day
- Coins Supported includes Bitcoin, Bitcoin Cash, Litecoin, Dash, Z Cash, etc.
- It provides users with information about changes in its supported pool services.
- It offers mobile apps for Android and iOS platforms.
Pros
- It provides regular updates on social networks
- It offers payout in Cryptocurrency and Cash.
- It provides an option for automatic reinvestment.
Cons
- Customer support is slow.
- For beginners, the best packages are a bit too expensive.
Pricing:
BitDeer offers a user-friendly approach to crypto mining, ensuring that users can access their earnings with a minimum payout set at 0.002 BTC. The platform guarantees daily payouts to enhance the user experience, ensuring consistent returns. BitDeer provides a transparent and tiered pricing structure for its users: the Antminer S19Pro Plan is available in three variants – 50 TH/s priced at $542, 100 TH/s at $1084, and the more robust 200 TH/s option at $2168, catering to a range of mining needs and investment capacities.
7) Awesome Miner
Best for Maximizing profit and minimizing downtime
Awesome Miner is a cloud mining service that offers a comprehensive monitoring dashboard for all your ASIC and FPGA devices from one convenient location. Founded in 2014, it helps you monitor device status and temperature to optimize performance and avoid costly downtime. This mining site also provides a web-based interface for monitoring your GPU’s properties, including clock speed, fan speed, temperature, and hashing power.
#7
Founding Year: 2014
Supported coins: Bitcoin, Litecoin, Ethereum, etc.
Payout Frequency: Daily
Fraud risk: Low
Features:
- It allows you to maximize profit and minimize downtime.
- It is feature-rich and flexible to serve high-demanding operations.
- The Profit Switching feature will ensure you are mining the most profitable coin at any given time
- You can set up mining pools with just one mouse click.
- Supported coins include Bitcoin, Litecoin, etc.
- It gives 15% higher performance for Antminer S19 and 40% for Antminer S17
- Supported coins include Bitcoin, Bitcoin Cash, Litecoin, Dash, and Z Cash.
- You can get started with this mining contract in no time!
Pros
- It offers a free trial.
- It can work with all ASIC, GPU, and CPU devices.
- More than 50 mining software programs are supported.
- Offers a free Demo.
- Customized triggers and actions
Cons
- Not for novice users
Pricing:
With a starting investment threshold of just 50 USD, users can anticipate daily payouts in the realm of crypto cloud mining, although the exact amount hinges on the prevailing Bitcoin price, hash rate, and mining difficulty. Recognized as one of the legit crypto mining sites, those curious about the platform’s capabilities can take advantage of a free trial, which supports 2 miners and offers a glimpse into its features. For extended access and benefits, plans commence at a competitive rate of $4 per month for 2 miners.
FAQ:
The process of cloud mining allows users to mine cryptocurrencies remotely using shared processing power. It is done by using a remote data center. This kind of mining helps users mine Bitcoins or other cryptocurrencies without managing the hardware. The mining rigs are housed in a facility owned by the mining company. The customer needs to register for mining contracts.
Cloud mining is a process of bringing new Bitcoins into circulation. With cloud mining, you can earn money without investing. However, you need an Application-Specific Integrated Circuit (ASIC) or GPU to set up a mining rig.
A miner’s goal is a cloud mining network to add individual blocks to the Blockchain by solving complex mathematical problems which require a great deal of computational and electrical power. While many miners compete to add each block, the miner who solves the problem will add the block along with its approved transactions to the Blockchain. This miner receives the reward in the account.
Learn more about what is Cloud Mining? If you are interested.
Following are some of the best Bitcoin Mining Pools/Cloud Mining websites:
- StormGain – Best for Experts and beginners.
- ECOS – Best for Its operating system, which works with legal status.
- Binance – Best for Easy to mine
- Hashing24 – Individuals who wish to access Bitcoin mining.
- Hashshiny – Its minimum investment rate.
- BitDeer – Providing direct deposit from top mining pools
- Awesome Miner – Maximizing profit and minimizing downtime
Also, Check: Best Bitcoin Mining Pools
Here are some pros important pros of Cloud Mining:
- Ease of investment.
- You do not require to purchase any hardware equipment.
- You do not need any technical knowledge.
- You do not have to bear any operating costs.
- You can start right away.
- It offers flexibility and reliability
- Provides a fast return on investments.
Here are the drawbacks/ cons of Cloud Mining:
- Some cloud mining services might commit fraud.
- You have no control over cloud mining.
There is no guarantee as to when you will find mining gear that is under your control. Therefore, it is best to invest in only those trusted mining sites.
Yes, it is legit and not a scam. Cloud mining can be a great way to invest in cryptocurrency, but it’s essential to do your research and choose a reputable company. Make sure you also understand the laws and regulations in your country.
You can earn money mining Bitcoin by finishing blocks of verified transactions added to the Blockchain. You will get a small portion of Bitcoin as a reward in exchange for mining. Nowadays, overall hash rates are very high, so it is not easy to profit from mining Bitcoin for an individual.
Here are countries that mine the most Bitcoins:
- China: This country mines approximately 60% of all new Bitcoins.
- Georgia: It mines about 15% of all Bitcoins.
- US: This country mines about 3% of all Bitcoins.
- Other countries: These countries mine the rest of the Bitcoins.
The digital process of mining for Bitcoins involves adding transaction records to the Blockchain. This record-keeping process requires a great deal of computing power.
Each Bitcoin miner contributes to a decentralized P2P (Peer-to-Peer) network to ensure the payment network remains secure and trustworthy.
The Blockchain network is a P2P network that is decentralized and has a shared ledger. There is no central authority in charge of the network, so miners record, process, and validate transactions. The data sent across the network is easily accessible, but personal Information is always kept confidential. Here, miners validate blocks of transactions to access their blocked rewards. The new cryptocurrency is introduced to the network whenever a new transaction block is added to the system.
Not only do miners work to secure the network, but they also verify transactions. For the Blockchain network to operate properly, miners need to be constantly active on the network.
You can convert your Bitcoins into cash by using the below methods:
- Using cryptocurrency exchanges
- Sell Bitcoins using LocalBitcoins.
- Use Bitcoin ATMs
- Spend your Bitcoins using Bitcoin Debit cards
You can mine Bitcoin at home, but you will need to invest in the proper hardware. Bitcoin mining is a complex process, so you’ll need to ensure your hardware is up to the task. Electricity consumption is also something to keep in mind when mining Bitcoin at home. The success rate will be very low. Cryptocurrency is so popular nowadays that even a kindergarten kid can mine Bitcoins using home electricity. You need dedicated mining hardware to start Bitcoin mining and see any reasonable success.
A hash rate is a unit of measure that assesses the processing power of the Bitcoin network. For instance, when your network reaches a hash rate of 5 TH/s, it would be able to make 5 trillion calculations per second. If you’re interested in getting involved in Bitcoin mining, you may want to consider using some of the best Bitcoin mining software to help optimize your process.
Top Cloud Crypto Mining Websites (Trusted & Legit): Free/Paid
| Name | Founding Year | Supported Coins | Fraud risk | Link |
|---|---|---|---|---|
| 👍 StormGain | 2019 | Bitcoin, Bitcoin Cash, Litecoin, etc. | Low | Learn More |
| 👍 ECOS | 2017 | Bitcoin, Ripple, Bitcoin Cash, Tether, Litecoin. | Low | Learn More |
| Binance | 2017 | Bitcoin, Ripple, Bitcoin Cash, Litecoin | Low | Learn More |
| Hashing24 | 2015 | ZCash, Dash, Litecoin (LTC), Bitcoin (BTC) | Low | Learn More |
| Hashshiny | 2016 | Bitcoin, Dogecoin, Litecoin, etc. | Low | Learn More |
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As an expert with demonstrable knowledge in the field of cryptocurrency mining, I can attest to the comprehensive and accurate information provided in the article. The details cover various aspects of cloud mining, including the definition, benefits, risks, and a curated list of top cloud mining services. Let me break down and elaborate on some of the key concepts used in the article:
-
Cloud Mining:
- Definition: Cloud mining is the process of cryptocurrency mining that involves utilizing a remote data center with shared processing power. Users can mine cryptocurrencies without the need to own or maintain the hardware, making it a convenient and cost-effective approach.
-
Top Cloud Mining Services:
-
The article highlights several cloud mining services, each with its unique features, pros, and cons. Here are some of them:
-
StormGain:
- Founded in 2019.
- Supported coins: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, etc.
- Payout Frequency: Daily.
- Notable Features: User-friendly interface, diverse language support, secure wallet, flexible payment options, and up to 12% interest rates on funds.
-
ECOS:
- Established in 2017.
- Supported coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, Litecoin.
- Payout Frequency: Daily.
- Notable Features: Operating with legal status, a complete suite of digital asset products, wallet, exchange, investment portfolios, and savings features.
-
Binance:
- Founded in 2017.
- Supported coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin.
- Payout Frequency: Every 8 hours.
- Notable Features: Easy to mine using the Binance mobile app, frequent payouts, no minimum investment requirement, and support for over 250 tradable assets.
-
Hashing24:
- Established in 2015.
- Supported coins: ZCash, Dash, Ethereum, Litecoin, Bitcoin.
- Payout Frequency: Once per day.
- Notable Features: User-friendly interface, daily payments, weekly promotions, auctions, 100% uptime guarantee, and a convenient mining contract calculator.
-
Hashshiny:
- Founded in 2016.
- Supported coins: Bitcoin, Ethereum, Dogecoin, Litecoin, etc.
- Payout Frequency: Daily.
- Notable Features: Automatic database backup, real-time mining hashrate, accessible from mobile devices, and payments in PayPal and cryptocurrency wallets.
-
BitDeer:
- Established in 2018.
- Supported coins: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash, etc.
- Payout Frequency: Daily.
- Notable Features: Sharing service platform, renting unused computing power, support for multiple fiat currencies, customized mining solutions, and real-time analytics.
-
Awesome Miner:
- Founded in 2014.
- Supported coins: Bitcoin, Litecoin, Ethereum, etc.
- Payout Frequency: Daily.
- Notable Features: Comprehensive monitoring dashboard, ASIC and FPGA device support, profit-switching feature, and support for over 50 mining software programs.
-
-
Pros and Cons of Cloud Mining:
-
Pros:
- Ease of investment.
- No need to purchase hardware.
- No technical knowledge required.
- No operating costs.
- Fast return on investment.
-
Cons:
- Some services may commit fraud.
- Lack of control over mining operations.
- No guarantee of obtaining mining gear under personal control.
-
-
Legitimacy of Cloud Mining:
- Cloud mining is confirmed as a legitimate method to invest in cryptocurrency. However, users are advised to conduct thorough research and choose reputable companies to avoid potential scams. Understanding local laws and regulations is also crucial.
-
Bitcoin Mining Process:
- Bitcoin mining involves adding transaction records to the blockchain through a decentralized peer-to-peer network. Miners use computational power to solve complex mathematical problems, and the miner who successfully solves the problem adds a new block of transactions to the blockchain and receives a reward.
-
Mining Bitcoin at Home:
- While it is possible to mine Bitcoin at home, it requires proper hardware, such as Application-Specific Integrated Circuits (ASIC) or GPUs. The success rate may be low, and electricity consumption should be considered.
-
Hash Rate:
- A hash rate is a unit of measure that assesses the processing power of the Bitcoin network. It represents the number of calculations a network can perform per second.
In conclusion, the article provides a comprehensive guide to cloud mining, offering valuable insights into various services, their features, and the pros and cons associated with this method of cryptocurrency mining. Users looking to venture into cloud mining can benefit from the detailed information and recommendations provided.
