This post will explain bitcoin cloud mining sites. Through mining agreements made with cloud mining businesses and without the use of any mining hardware, cloud mining enables you to mine Bitcoins and other cryptocurrencies over the Internet. As a result, you don’t purchase any mining equipment and have nothing to monitor or set up intricate setups on. For new miners, that might be very challenging at times.
The cloud mining site or business has its own servers and mining equipment, so you rent mining hash rate or electricity, and they mine for you to make money. This is how it works.
12 Best Bitcoin Cloud Mining Sites In 2024
In this article, you can know about bitcoin cloud mining sites here are the details below;
As long as you can buy profitable hash rates with them, there are many cloud mining sites that genuinely work, as measured by their profitability, fair pricing, and actual payouts on their contracts. You may choose the best cloud mining sites with the guidance in this tutorial.
Review of Bitcoin Cloud Mining Sites
Pro:
- Conduct research to find reputable cloud mining sites and businesses that genuinely cover the price of their packages, their profitability, and their payout frequency. Online cloud mining profitability calculators can give an indication of the profits anticipated for a particular hash rate purchased.
The cost of a package, the price of the coin, and the mining difficulty for that specific cryptocurrency all affect how profitable cloud mining is. Before purchasing a contract, make certain to look up the coin’s hash rate and mining difficulty.
- Despite the fact that they support a certain coin for mining, cloud mining sites have no control over the mining difficulty or overall profitable mining hash rate.
Reality check
- As of September 2021, the leading nations for cryptocurrency mining are Kazakhstan, Russia, Iran, China, and the United States.
- Some of the grounds to look for a cloud mining site include the high energy consumption of cryptocurrency mining, lower mining efficiency, expensive mining equipment, equipment depreciation expenses, and maintenance concerns.
Distribution of bitcoin mining hash rates:
Questions and Answers
First question: Is cloud mining for bitcoin feasible?
Yes, mining on the cloud is easier than mining with your own equipment. Simply choose a Bitcoin cloud mining provider from our directory, register for an account, make the necessary payment, and begin cloud mining. You are relieved of the hefty expenditures associated with purchasing mining equipment, as well as maintenance, depreciation, and setup hassles.
Which Bitcoin cloud mining programme is the best?
Given its expertise and clientele, Genesis Mining is the best Bitcoin cloud mining programme. ScryptCube, Hashnest, and other choices are included in our list, but there are many others as well. Based on payout quantities, commission or costs/charges, packages, optional coins to mine, usability, supported withdrawal and deposit methods, and a variety of other aspects, you can choose which cloud mining programme to employ.
Q #3) Is there a way to drill Bitcoin for free?
There is hardly any. You could experiment with the free Bitcoin mining software, but ideally, if you want to mine Bitcoin for a living, you should sell your processing power to a mining farm that does it for you in exchange for mining. It is a far more affordable method of mining. Utilizing cloud mining connectivity is another low-cost method of mining bitcoin.
Question #4: How does Bitcoin IQ mining operate?
You may mine Bitcoin, Ethereum, and other supported coins with IQ mining. You create an account on their website, purchase a package of mining contracts from the business, and then wait for mining earnings. Every day, payouts or earnings are made to the account, and you can view the balance. The withdrawal limit is then $10.
5) Are there any free cloud mining applications?
Yes, there are several. Even those are mineable on PC, iOS, and Android. devices running Windows, Linux, and macOS.
For instance, you can mine cryptocurrency on Android and iOS with StormGain. Beyond your mobile phone, no additional mining equipment needs to be purchased. It makes the claim to be a member of the Financial Commission’s Blockchain Association. The complimentary NiceHash CPU miner software for Windows & Linux is another option.
Question #6: Is cloud mining a real thing? What is cloud mining for bitcoin?
The answer is that you can buy a mining contract bundle from a business that owns mining equipment using cloud mining. Following the purchase of the contract, they will either mine using their own equipment or connect to external cloud mining sites to pay you mining earnings based on the hash rate you purchased from them.
1. Pionex
Pionex is a cryptocurrency trading platform, not a cloud mining website, and it supports 12 bots that you can utilize to leverage or margin trade cryptocurrency. These bots can even be used to trade spot futures for cryptocurrencies. As a result, if you have been generating Bitcoins or other cryptocurrencies utilising cloud mining sites, you can transfer them to Pionex wallet for automatic trading. Also check video editing software
For those who prefer to exchange their coin automatically, Pionex would be a top choice. It functions admirably for dealing with USD, USDT, and USDC stable coins. In addition to accepting credit card direct deposits, which take a day to complete, the Pionex Lite app for Android and iOS also allows you to purchase them. This is another bitcoin cloud mining sites.
- Trading bot for grid
- Automated leverage trading
Bot for spot futures arbitrage
- Spot trading bot
- Robotic arbitrage trading
2. ECOS
ECOS is the only real cloud mining firm. In the Free Economic Zone of Armenia, it was founded in 2017. More than 100,000 users from around the world utilise ECOS.
You can choose the best option for you by using an easy-to-use mining calculator to estimate mining returns. Both web and mobile apps for ECOS are accessible.
The business also provides cryptocurrency indices for customers to invest in, in addition to mining contracts and equipment hosting. There are other others, such as the NFT Index, Elon Musk Index, Top 10 Index, DeFi Protocols Index, and Metaverse Index. A multi-currency cryptocurrency wallet for holding and trading 247 cryptocurrencies is also available in the smartphone app.
Features:
- Regular payments
- Customized contract purchasing – Using a straightforward slider on the website, you can alter the length, size of the hash rate, and profit of your contract.
- Mobile management tools for your mining contracts and other crypto assets available on Android and iOS.
- The wallet’s extremely low minimum withdrawal is 0.000001 BTC.
- A 180-day equipment warranty for both the hosting service and the equipment. Equipment can mine for five years.
- A one-month free trial mining contract to evaluate the platform.
CoinSmart
The best cryptocurrency to fiat exchange is CoinSmart.
Users of CoinSmart’s cryptocurrency trading platform can trade digital assets with fiat currency and on the spot market. The exchange does not support mining or staking. The most advantageous approach for miners to use this exchange is to rapidly convert their mining profits into other digital assets.
You can also use it to utilise the bank to convert any cryptocurrency mining rewards to money. Deposit the exchange, restore it to Bitcoin if it is another cryptocurrency, and then withdraw as a fiat through a bank. When you do this, CoinSmart ensures a same-day bank deposit in fiat.
Features:
- Instantly buy cryptocurrencies with money using credit and debit cards. Additionally, you can pay through SEPA, wire transfers, e-transfers, and direct cryptocurrency deposits. Cash out your cryptocurrency for any other supported cryptocurrency. supports roughly 14 cryptocurrencies and tokens.
- The withdrawal costs for exchanging cryptocurrency for money are 1% or $15 for EFT, 1% for wire transfer, and 0% for SEPA.
- Deposit fiat for a cost of 8.75 percent using a credit card, 0 percent using SEPA and Wire, 1.5 percent using Interac e-Transfer for amounts between $100 and $1999, and 0 percent for amounts over $2000.
- An over-the-counter trading service is available to customers who want to place orders worth at least $25,000.
- Committed account managers, reduced costs, and the best prices for over-the-counter trading.
Crypto.com
The best website for trading cryptocurrencies is Crypto.com. This is another bitcoin cloud mining sites. Crypto.com does not support cloud mining and does not let users mine cryptocurrencies. Instead, it encourages cryptocurrency trading. You can rely on this cryptocurrency exchange to immediately convert any cryptocurrency into money, which you can then use at any ATM or business that accepts Visa. The exchange is accessible in more than 100 countries and supports more than 250 cryptocurrencies.
You can also send the cryptocurrency you mined directly to the crypto.com wallets if you use one of the other cloud mining sites listed. Simply enter the desired cryptocurrency’s deposit wallet address from your account as the withdrawal address on your cloud mining website.
For those who are curious in knowing more, staking coins on the platform provides an alternative to mining.
Features:
- Keep track of your trade history from the wallet.
- Send your mining rewards to this wallet, where you can stake them in any cryptocurrency or convert them to CRO. Rewards might range from 5% to 14.5 percent.
- Use leverage up to 10 times your initial order money to trade cryptocurrencies on the spot and futures markets.
3. Genesis Mining
Best for both novice and expert cryptocurrency miners. When mining Bitcoin or other cryptocurrencies in the cloud, Genesis Mining site is renowned for the simplicity of its deposit and withdrawal processes. The business was founded in 2013, and it now offers mining across 6 key mining algorithms of Bitcoin, Ethereum, Dash, Litecoin, & over 7 more cryptocurrencies.
The Bitcoin mining website claims to have served more than 2 million customers from more than 100 countries and to have completed more than 100 million cryptocurrency transactions. Ten various places, including Greenland, Estonia, Ice Land, the United Kingdom, and Sweden, are home to its mining farms or servers.
Features:
- A 100% uptime guarantee to make sure that once clients purchase contracts, they do not lose time in mining.
- Constant-on client support.
- From the user dashboard, a user can use the Genesis Mining Advanced Auto-Allocation to allocate their hash power to mine various coins as desired.
- Payment and withdrawal are done using crypto wallets, MasterCard, PayPal, Wire, and debit cards.
- Mining outputs are produced daily, but payouts are only available after reaching a minimum that varies relying on the type of cryptocurrency being mined. BTC is 0.0015 BTC, for illustration.
- Daily maintenance costs are subtracted from mining profits or coins earned. The cost for the Radiant Zero package and Bitcoin Radiant Classic, which costs USD 0.03 per TH/s, is zero.
4. ScryptCube
Best for both novice and expert cryptocurrency miners. For customers who don’t want to spend a lot of money on mining equipment, manage their equipment locally, and keep doing the setups, ScryptCube uses the f2pool mining pool to mine Bitcoin on their behalf. ScryptCube truly gets payments from f2pool and pays its users, according to assessments of the wallet addresses over time. This is another bitcoin cloud mining sites.
Analysis of addresses on images posted by several users on the firm’s Telegram channel reveals that the individuals have, in fact, been receiving money on a regular basis from the company since 2020. The Ethereum and Beam mining platforms are both supported by the Bitcoin cloud mining website.
Features:
- Telegram chat assistance. To determine the profitability and potential revenue from the hash rate package you want to purchase, there is also an online mining calculator.
- No monthly costs. Purchases of packages can be made with MasterCard, Visa, and BTC.
- Daily accruals signify that your account will be credited with daily mining profits. On the account, you can view them instantly.
- Instant withdrawals starting on the first day of mining.
- Referral payments: 3% of the cost of each successful purchase made by a referral of yours.
- Access current mining activity statistics.
5. Hashnest
Best for both novice and expert cryptocurrency miners. Bitmain Technologies, which was established in 2013 in China by Wu Jihan and other investors, is the owner of the cloud mining business and website. In 2014, the business bought the cloud mining platform Snowball.io. As you may already be aware, Bitmain is a market leader in the creation of Bitcoin mining hardware. Also check outreach software
You may mine the cryptocurrencies Dash, Litecoin, Zcash, and Bitcoin through the company. The website claims that they have over 400,000 users worldwide.
All miners are directed to Antpool by Hashnest, a subsidiary of Bitmain Corporation.
Features:
- A mobile application that may be used to manage mining investments on these Bitcoin cloud mining sites.
- The ability to trade cloud mining contracts for bitcoin on a public market with other users. From the user’s account panel, this is simple to accomplish.
The user account is credited with daily earnings.
- The only approved payment method is BTC.
- Minimum investment, two-step registration verification process, and customer support are required.
- Exchange hash rate for mining equipment.
- Pay nothing at all by using PACMiC (Payout Accelerate Cloud Mining Contract).
6. Bit Deer
This is another bitcoin cloud mining sites. Best for both experienced and novice crypto miners. One of the greatest cloud mining sites, Bit Deer is run by a Singaporean firm. Celine Lu, who is still the CEO, founded it. The business permits users of its cloud mining platform to mine cryptocurrency using ASICs like the Antminer S19 and S19 pro.
It provides one of the greatest levels of variety to miners among the reliable cloud mining sites examined in this research. That’s because it enables people to mine Bitcoin and is a fantastic alternative for individuals looking for cloud mining for Ethereum, Bitcoin Cash, Litecoin, and six more cryptocurrencies.
Additionally, a group may choose to use the service to buy a hosted rig, in which case Bit Deer will manage the mining. After mining using the rig, the group can distribute rewards equally. It is one of the busiest & most reputable cloud mining sites on this list with more than 5 million visits and 1 million active members from 200 countries.
Reviews indicate that the company’s mining contracts offer an 80 percent user retention rate and daily outputs of more than 100 BTC. It is extensively reviewed at the Foxy Rating website, as are the other reputable cloud mining sites on this list, demonstrating that it is effective.
Features:
- It also provides cloud hosting for miners in addition to the option of purchasing cloud Bitcoin mining hash rates. Additionally, it offers for sale the Antbox mining farm, which can house up to 180 Antiminer s19 devices and take up roughly 20 square metres.
- The hash rate market enables participants to exchange hash rates.
- Specialized mining options for experienced investors.
- Android & iOS app for managing earnings and mining activity, receiving support, and other things.
7. IQ Cloud Mining
Best for buyers of hash rates as well as leveraged cryptocurrency, forex, and stock traders. On the cusp of a boom in order for cloud mining services, the greatest cloud mining website was founded in 2016. Currently, the IQ Cloud Mining company has customer service staff in the UK and Russia and mining equipment in Canada, Russia, Iceland, Georgia, Algeria, and China. This is another bitcoin cloud mining sites.
In addition to cloud mining for Bitcoin, it is an excellent choice for individuals looking for cloud mining for Ripple, Litecoin, and Ethereum. In actuality, 150 distinct altcoins are mineable.
All mining contracts are discounted by 35% by the corporation. Additionally, you can daily withdraw your earnings to the wallet of your choice.
Features:
- Supports 1:3 to 1:100 leveraged trading of FX derivatives and cryptocurrency assets. supports option trading as well.
- Copies of expert trades made on the trading platform.
- Contracts that pledge
- If you choose a USDT mining contract, you can choose a fixed payment in USDT.
- A pro contract carries an annual interest rate of 20%.
- Payouts each day.
- Reinvest automatically with income booster to earn up to 180 percent annually. 24/7 live assistance
8. BeMine
Best for individuals that require consulting in addition to renting or purchasing hash rates. The business supports the buying and selling of digital currencies in addition to mining hash rates. Customers can also get advice on investing in and using cryptocurrency. Additionally, they can provide consultation on e-commerce and ICO initiatives, business registration, and other services.
While you wait for income that can be transferred to your preferred wallet, you can also request that the provider set up your mining equipment remotely.
You can withdraw cryptocurrency from the platform after it reaches a minimum of 0.005 BTC. Alternatively, the Russian business was established in 2019.
Features:
- If unsure, you can test the service by using a free Antminer S19 mining for three days.
- It offers 7% on referral purchases, which is different from other cloud mining providers.
- A built-in cryptocurrency exchange is part of the cryptocurrency cloud mining.
- The business will host your ASIC mining equipment in their data centre if you send it over to them.
- 4 data centres with a combined 70 mW/h capacity.
- The price of electricity is $0.054 per kW/h, and payment is deducted from your account automatically.
- Making deposits via VISA, MasterCard, PM USD, Bitcoin, and other cryptocurrencies.
9. GMINERS
A global provider of cloud mining services, GMINERS has its headquarters in London, England. The emerging platform is now the most promising in the industry and has garnered more than 3,000 users.
Three data centre parks are operated by the corporation in Georgia, Kazakhstan, and Iceland. GMINERS focuses on ethical and sustainable cloud mining, and their data centres mostly utilise green energy methods (just like solar panels and wind power generators).
This is another bitcoin cloud mining sites. Let’s examine the cloud mining revenue generated by GMINERS’ contracts. With an investment of $5000 in a one-year option, you can make $600 per month (with 117926 GH/s). As a result, you can earn $7200 as a simple, reliable passive income after a year of cloud mining.
To put it another way, you can passively earn bitcoins every day. Here, a $500 deposit is the absolute minimum. It elevates GMINERS to the top cloud mining platform for novice cryptocurrency investors.
Bitcoin investment possibilities with current returns
- Initial: 143% (90 000 GH/s)
- Expert: 149 percent (450 000 GH/s)
- Intelligent: 156% (2 000 000 GH/s)
- VIP: 170 plus % (with unlimited power)
For all plans, the cost per 1 GH/s is $0.0120.
Every user has a personal manager thanks to GMINERS.
Daily immediate payouts, 24 hour assistance, and 99.98% uptime are some of the other advantages. To earn additional money from the Bitcoin cloud mining process, users can sign up for an affiliate scheme. We discovered that this quickly expanding cloud mining platform makes it simple to get started, manage the operation, and withdraw money.
Users can access their reserves at any point to view profitability data and income statements. Prices for all varieties of miners are currently 30% reduced on Gminers. Sign up right away if you want to start cloud mining for bitcoin at a lower cost.
10. Shaming
Best for mining renewable energy. The Shamining cloud mining company was established in 2018 and offers services to amateur to expert cryptocurrency miners. The business runs three data centres in Cape Town, California, and London, according to reviews. You may also obtain cloud mining for Litecoin, Ethereum, and other cryptocurrencies in addition to Bitcoin. Also check Software Service
According to their website, they even mine digital assets using solar and wind energy.
In addition to the $150 minimum investment requirement, the corporation can set up specialised mining activities when the investment threshold is exceeded by $100,000. The cloud mining website also states that you can withdraw a minimum of $0.001 BTC.
Features:
- It offers 24/7 instant payouts, similar to other cloud mining businesses.
- Earnings from investments can be multiplied by 1.43 times with an average income multiplier.
- Similar to the majority of the cloud mining businesses on the list, there is a calculator available that allows you to predict your earnings before spending money to rent cloud mining equipment.
11. Hashlists
Ideal for novice miners without mining equipment. On the cloud mining website Hashlists, users can purchase mining plans or packages and see the growth of their mining profits in their wallets. The venue allows you to mine Bitcoin, Litecoin, Ethereum, Dash, Dogecoin, Filecoin, and ETH without having to purchase pricey mining equipment that also needs setup and upkeep. Additionally, stablecoins USDC and USDT can be mined. This is another bitcoin cloud mining sites.
It offers free mining as a choice. Plans/packages for investments or cryptocurrency mining range in price from a free experience daily plan at $8 with a fixed recovery of $0.8. Once you register, you receive $8 for nothing, which you can invest to begin making money. The strategy, however, only permits one order. Other mining packages allow you to purchase many orders each order.
ETH mining plans cost $520 for 10 days and have a return rate of $97.03, while LTC mining plans cost $100 for three days and have a total return of $5.4. You will need to invest $1,800 for 20 days in order to mine BTC, and you will obtain a fixed return of $700.02 in addition to your initial investment. Dogecoin mining takes 60 days and costs $6,500 with a profit of $8,200.
Features:
- Instead of being deposited once the contract time is through, earnings are deposited daily into the wallet.
- Minimum withdrawal of $100. When you get there, all you have to do is head over to the Withdraw section, enter your withdrawal wallet address, and the transaction will be executed in about an hour.
- You cannot invest in the mining programmes using a credit card or PayPal; you must first deposit cryptocurrency.
- A $100 deposit is required at most.
- The service runs through a browser. No need to run the programme.
- Online customer service via email and chat.
- An easy registration procedure. Simply click Plans, choose a plan, make a deposit, and then continue to buy to begin mining.
- From the dashboard, you can monitor your orders and earnings.
- Accumulating leaderboards.
- There are no management or electricity fees.
12. freeMining
Most advantageous for gamers who desire to make passive incomes
Users can mine Bitcoin for passive income using the Freemining cloud mining service. After registering and providing a wallet address, a user can immediately begin mining cryptocurrency. The cloud mining website provides a range of cloud mining packages, from entry-level to enterprise. This is another bitcoin cloud mining sites.
Instead of buying hash rates or hosted cryptocurrency cloud mining rigs, consumers can buy different investment plans and get paid a given pre-set amount of BTC per day. It stands out from the other packages on the list because of this.
Users of the free mining package receive 0.00002500 BTC everyday, and they have the option to upgrade at any moment. Withdrawals must be at least 0.002 BTC and can take up to 4 hours. Bitcoin is the sole form of payment that is accepted.
Features:
In addition to the daily payments, free spins are offered to play the Lucky Game and win extra cryptocurrency. The basic package offers 5 free spins, while the corporate package offers 125 free spins.
3 free spins on the Lucky Game are given to new users.
- Bonuses ranging from 0.07 BTC for the Enterprise package to 0.0004 BTC for the basic arrangement.
- Affiliate earnings in five levels are as follows: 8%, 3%, 2%, 1%, and 1%.
Conclusion
This article covered some of the greatest cloud mining sites or cloud mining providers where you may mine both popular and obscure cryptocurrencies.
You may buy hash rate contracts directly from the company at the majority of the sites on the list that support bitcoin mining. You can only invest in packages at Freemining.co without worrying about hash rates, and you can then play to earn extra cryptocurrency. Another Bitcoin cloud mining option that you may start for nothing is this one.
Genesis Mining is recommended due to its expertise and experience. You can mine numerous cryptocurrencies with it, and it includes an auto-balancer that divides up the cryptocurrency you want to mine according on your hash rates. Other than buying hash rates, BeMine also provides consulting services.
Choose Bit Deer, Hashnest, and IQ Cloud Mining if you want Bitcoin mining firms with integrated peer-to-peer trading of cryptocurrency and hash rates. On their trading platform, the latter also provides contract pledging and copy trading.