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10 Popular Cloud Mining Sites in 2019 - Updated

  • Denys Serhiichuk
    📚 WikiCoin

    Mining has become very popular now. However, if you do not have enough money to buy ASIC-miners, cloud mining may be the best alternative. We selected the most reliable services where you can rent a part of hashrate and mine remotely. Cloud mining will be the best option for beginners who are not competent in setting mining hardware but would like to be part of this industry.


10 Popular Cloud Mining Sites in 2019 - Updated

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

There are plenty of ways to earn cryptocurrency. Lots of them do not require investments and tons of money: it is enough to have a wallet and Internet access. But in order to get a stable income, you need to correctly approach the method of earnings and finding a suitable company. Investing in cloud mining is the most sensible step in multiplying your cryptocurrency assets in 2019.

Cloud mining is a modern solution for clients who are sure of the stability of the chosen payment method and are not going to assemble the mining farm and proceed through a noisy hardware installation.

To verify the relevance of such a source of income, it is necessary to explore all its advantages. Only after making sure that the positives prevail over the negative ones, one should get down to business.

Pros of cloud mining:

  • Easy to start. You just sign up on the service you like, pay money and start earning.

  • Accessibility. You can buy any “share” of equipment for any amount.

Cons of cloud mining:

  • Less profit. Of course, cloud mining services will not work at a loss.

  • Hardware does not belong to you.

  • Scams. The Internet is full of scammers and of course, there are people who create fake cloud mining websites.

When choosing a company to invest in cloud mining, first of all you need to pay attention to feedback, the service lifespan and the adequacy of the offer.

In this article, we will briefly analyze the most reliable cloud mining websites that have proven themselves due to their stable payments and favorable tariff plans.

IQ Mining

IQ Mining landing page
Screenshot from IQMining website

IQ Mining is a profitable service for cloud mining, as it automatically switches between the most profitable currencies, which are then converted into Bitcoin. You can receive a payment once a day and choose up to 5 cryptocurrencies.

The platform differs from its competitors by the following features:

  • Automatically switches to the most profitable altcoin.

  • The company has contracts with international partners.

  • Clearly determined payback period and income.

  • No commissions for payment transactions.

Genesis Mining

Genesis mining hardware
Screenshot from Genesis Mining website

Genesis Mining is another reliable resource for cloud mining. On its website, you can even monitor some mining farms. In such a convenient process of work lies the first advantage of the company – transparency, which significantly increases the level of customer confidence.

The company provides its clients with the following benefits:

  • Forget about having to spend a lot of time installing the hardware.

  • Mine any cryptocurrencies available on the website.

  • In case of possible system failures, all capacities will be redirected to other pools.

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BitDeer

Bitdeer logo
Screenshot from BitDeer website

The company appeared only in 2018 but has already become the leading supplier of computing power for Bitcoin mining.

BitDeer peculiarities:

  • The platform cooperates with the largest mining pools BTC.com, and Antpool.

  • One of the best prices and service.

  • A wide range of mining tariffs for TOP cryptocurrencies: short-term, medium-term, and long-term.

  • The average return on investment (ROI) is 100 days.

  • BitDeer services are used by customers from 165 countries of the world (the share of active users from the USA is 40%).

HashFlare

HashFlare website
Screenshot from Hashflare website

Hashflare is a subsidiary of Hashcoins, another manufacturer of mining equipment. The platform offers the chance to buy hash power for various digital assets, such as Bitcoin and Litecoin, as well as Ethereum and Zcash. However, at the moment, you can purchase only Ethereum contracts, and their number is limited.

The company's goal is to provide an opportunity for everyone to earn cryptocurrency, regardless of experience, size of investments and technical skills. Thus, the company develops its mining technology and supports digital currency and the economic network of Bitcoin and some other digital assets. The HashFlare team offers its customers to try out cloud mining and receive dividends from investments in hardware.

The platform provides the following benefits:

  • Connection in 0.001 sec

  • Withdrawal without delay

  • Detailed statistics on the status of equipment in your account

  • No hidden fees

Nuvoo Mining

 Nuvoo Mining website interface
Screenshot from Nuvoo website

In addition to cloud mining, Nuvoo offers several alternatives for cooperation, including the possibility of renting a mining farm developed by experienced experts. The system algorithm of the company's farms has been developed by experts in the cryptocurrency market and the main development bias is on energy efficiency and environmental friendliness of mining.

Main advantages:

  • No extra charges.

  • Low prices for electricity and cooling.

  • Multi-currency mining.

AlienCloud

 AlienCloud interface
Screenshot from AlienCloud website

Besides cloud mining, AlienCloud is also a cryptocurrency exchange and a wallet for storing monetary assets. The platform serves as a whole ecosystem for interacting with cryptocurrencies, which is especially convenient for beginners. The service is known in the crypto community and has a high level of user confidence. AlienCloud supports 4 languages: Russian, Korean, English, and Chinese.

The main advantages of the service:

  • The indefinite validity of contracts

  • The use of computing power is not limited in time

  • 100% equipment warranty

CCG Mining

CCG Mining website
Screenshot from CCG Mining website

CCG Mining is an international platform with branches in the Czech Republic, Latvia, Austria, Poland, Great Britain, and Russia. The platform mines Bitcoin, as well as Ethereum, Zcash, Monero, Litecoin and Bitcoin Cash.

Due to the fact that the offices of the company are located in different regions, the service is uninterrupted.

The main benefits:

  • International platform

  • Variety of contracts

  • Income Calculator

  • Mining starts immediately after registration

  • 24/7 technical support

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Cryptouniverse

CryptoUniverse is a cloud mining service launched in the summer of 2017. The company has its own data centers located in many countries using equipment from Bitmain, Ebang, Canaan, Innosilicon. The total number of miners exceeds 1000.

Cryptouniverse
Screenshot from Cryptouniverse website

 Platform features:

  • Only BTC and LTC can be mined.

  • Quick start mining. Mining will begin immediately after the payment of the contract is made.

  • There is a referral system. You will receive 11% for each invited client.

  • BTC, LTC, and Visa / Mastercard transfers are accepted to pay for contracts.

  • The average forecasted profit is 130% per annum.

  • The data centers operate cameras 24/7.

Summary

Overall, cloud mining in 2019 will continue to gain popularity among users. The number of platforms offering the professional services to miners will increase, as well as the demand for rental special hardware.

Companies do their best to attract as many clients as they can. In this regard, IQ Mining offers a special promotion. It gives 25% extra hashrate to all mining contract purchases. In addition, there is a chance to win valuable prizes.

Cover image via www.123rf.com
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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and make predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing & ICO Advisory, ATB Coin, and others.

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