Reliable sites for cloud mining

What is cloud mining? How to mine bitcoin on cloud mining? Reliable sites for cloud mining. Pros and cons of making money online.

It is increasingly heard that people want to know what is cloud mining, reliable sites 2021 year since which they offer the highest quality services. In this article, we will try to give you the most complete information about this type of earnings, as well as about the sites that work in this area.

In general, cloud mining differs from the usual one in that all the equipment is not stored at your home or in any special room, but on a remote service and belongs to the platform on which you are mining. Those. you buy some of the power of the equipment on the server, which is looked after by professionals, and then all that remains for you is to monitor how your wallet is replenished.

Tip: if you are interested in mining at home, we advise you to read the following articles:

Review of the best programs for mining

Cryptocurrency mining: where to start?

Rating of video cards for mining

Reliable sites for cloud mining: rating 2021

This list was based on both objective factors and personally subjective experience of using many of the presented resources. We present to you top cloud mining, currently existing.

HashFlare. The undisputed leader in several objective factors:

The level of profit is above average.

Relatively low contract and electricity fees (some contracts require no electricity fees at all).

Mining several cryptocurrencies, in addition to the most famous - Bitcoin, you can start earning Zcash, Dash, Ehereum.

Timing. You can start mining in a second after paying for the capacity, and the first withdrawal of funds is available within 24 hours after the start of work.

The ability to select the most profitable combination of pools.

Genesis Mining. Also a reliable site for cloud mining, which has gained popularity among users for:

The possibility of distributing the capacities purchased under one contract for mining several cryptocurrencies at once.

Providing quite a lot of power. This is also a minus of the site, because. the minimum investment to get started here is $ 19 for Russian realities, this is not quite a penny amount.

Tested by time.

This list of sites includes the most reliable sites for cloud miningthat exist on the network, all the others have more or less serious flaws, so at the beginning of your bitcoin investment, they will not suit you.

Advantages and disadvantages of cloud mining

Let's start with the pros, since they are much more significant:

Comfort. Lack of difficulties associated with the acquisition of equipment, installation, configuration, maintenance, etc.
Investment size. Today, 100 or 200 dollars is too small an amount to do regular mining, but even for top cloud mining in terms of investment, this amount will be solid.
Risks. You transfer them to your counterparty, i.e. if conventional equipment can burn out and you incur losses, then when the equipment that performs cloud mining is destroyed, your power will simply be transferred to another machine.

Now let's go through the cons:

Commissions and payment for services. As you understand, power will not be provided to you for free and you will have to pay for it.
risky activity. This also applies to ordinary mining, but it will not be superfluous to remind. In fact, this activity is an investment, so you can always go into a sharp loss if the cryptocurrency you are mining starts to fall sharply.
Lack of equipment in the property. This can also be considered a downside, as the physical possession of the machines will allow you to have some “compensation” if you decide to leave this business.

To summarize

Who has just now begun to be interested in mining, buying a lease on the cloud would be an ideal solution. Since the prices for a fully assembled rig fluctuate around $1000. And not everyone can afford it.

In the service HashFlare no fixed prices. Here you can buy cloud hardware starting from $1. The Money Hunters team invested $500 and have already received a few percent of the contribution. Read more about this here.

That's all for me. Thank you for your attention! Good luck and more cloud hardware)))

Sincerely, Money Hunters