10 Popular Cloud Mining Sites in 2019 - Updated

Cryptocurrency Mining
Fri, 05/24/2019 - 13:07
Denys Serhiichuk
The cloud mining industry is being changed very fast. Our article helps you to choose the best cloud mining sites in 2019
Cover image via www.123rf.com
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

Image by IQMining 

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 payment once a day and choose up to 5 cryptocurrencies.

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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.

Also, there is a special spring offer - a 40% discount on all mining contracts, available till the 8th of March.

Image by IQ Mining

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.

Image by Cryptouniverse 

 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.

FlyMining

FlyMining is an eco-friendly cloud mining farm. The company proves that cloud mining can be transparent and clean. In total, the mining farm consists of three 20ft. containers that hold more than 540 mining machines providing the total hashpower close to 7 Petahashes/second (it is 7 million Gigahashes/second!). To increase the trust of customers, the company has placed webcams all-around mobile mining facilities.

Image by Flymining

The company provides its clients with the following benefits:

  • BTC and ETH can be mined

  • Monthly and 5-year contracts for Bitcoin, 1-year contract for Ethereum

  • Live webcams 24/7, you can see them here.

  • The cheapest electricity fee  0.12/THs/day

  • No hidden fees. Industry-lowest withdrawal fee 0.00005 BTC

  • Instant start. Mining starts immediately after the payment.

  • Instant withdraw. The first withdrawal can be made in as soon as 24 hours

  • BTC, Payeer, Yandex Checkout transfers are accepted to pay for contracts

  • Visa / Mastercard transfers are accepted to pay for electricity

  • Bitcoin and Ethereum mining profitability calculator

  • Referral Program opportunity. Receive partnership rewards – up to 12%

Genesis Mining

Image by Genesis Mining 

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.

Related
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BitDeer

Image by BitDeer 

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

Image by Hashflare

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

Image by Nuvoo 

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

Image by AlienCloud 

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

Related
Top 5 Most Popular Cloud Mining Websites by Monthly Visits: Similar Web

CCG Mining

Image by CCG Mining 

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

Summary

Overall, cloud mining in 2019 will continue to gain popularity among users. The number of platforms offering 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.

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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 makes 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, can be contacted at denys.serhiichuk@u.today.

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