Cloud Mining
11 Best Cloud Mining Sites in 2024 | Trusted & Legit Cloud Mining
Table of Contents
Looking for the best and trusted cloud mining website? Well, well you are in the right place. We are here to give you the list of best cloud mining sites that are making round on the internet.
Are you bothered to rent the hardware equipment and mine by yourself? Cloud mining can help you in this regard. We will go through each and everything from what cloud mining is to how you can rent out equipment to make sure your mining process runs smoothly. Let’s dive into this!
What is cloud mining?
Cloud Mining is a process in which you take part in a mining pool and purchase a certain amount of “Hash Power”. An equal proportion of profit is distributed among all the participants who take part in the mining pool on the basis of allocated hash power. It allows you to mine cryptocurrency without installing any hardware. There are many companies that do this hard work for you and participate in cloud mining for you at a very basic cost. if you are looking to earn free cryptocurrency or bitcoin here is our perfect guide for best bitcoin faucets.
Best cloud mining sites 2024
To start cloud mining, there are various top legit cloud mining sites that ensure the best security for your assets and provide a comprehensive list of features. The following are the best and top-rated Bitcoin cloud mining websites in the market.
1. HashShiny
Hashshiny is a mining platform for mining Bitcoin (BTC), which is safer to use and works faster. It was developed in the year 2017, and since that time, it is working in the industry, offering cloud mining services for cryptocurrencies, including the world’s biggest cryptocurrency, Bitcoin. The developers of HashShiny claim to have developed the top cloud mining platform of the world integrated with up-to-date deployment technology.
It is one of the top cryptocurrency cloud mining platforms present out there. It offers around 1.5 percent of the Bitcoin (BTC) hash rate of the world.
Hashshiny.io is currently supporting various major cryptocurrencies, including the leading digital currency bitcoin (BTC), the second-ranked cryptocurrency Ethereum (ETH), Zcash (ZEC), Litecoin (LTC), Dash (DASH), and Decred (DCR).
If you want to start mining with HashShiny.io, then the company has a package for new users. It offers new users a free 5TH/S SHA-256 (BTC) hash rate.
How To Start Cloud Mining With HashShiny.io
In order for you to begin cloud mining with HashShiny.io, you are required to follow only three simple steps:
Step 1: The first thing that you have to do is to create an account with HashShiny.io and register yourself. In order to register an account, you need to fill in a sign-up form present on the official website by providing personal data such as your first name, last, email address, etc.
Step 2: The next step that you have to follow is to pick a plan. There are six cloud mining plans for six different digital currencies. You have the opportunity to choose any one of them.
These six plans include SHA-256 CLOUD MINING (for BTC cloud mining, ETHASH CLOUD MINING (for ETH cloud mining), SCRYPT CLOUD MINING (LTC cloud mining), X11 HASH CLOUD MINING (for DASH cloud mining), BLAKE256R14 CLOUD MINING (for DCR cloud mining), and EQUIHASH CLOUD MINING (for ZEC cloud mining).
Step 3: In the third step, you have to pay for the plan you choose, and then you are ready to begin your cloud mining with HashShiny.io.
Moreover, the main features offered by HashShiny are pool allocation, service of an expert team, security, daily payouts, mobile application, mining switch, and low maintenance fee.
2. Hashing24
Hashing24 is the most common Bitcoin cryptocurrency platform that provides legal cloud mining services. The organization has been running since 2016, and its research team has been focusing on the demand for cryptocurrencies since 2012.
Hashing24 is officially based in the United Kingdom, Thailand, and Ukraine. In comparison to other platforms, hashing24 provides unlimited contracts for its users to invest in.
On hashing24, there are no fixed contracts. The customers select the hashing power and the method of payments by themselves. They can choose their desired plan depending on the forecast profit. Bitcoin is the only currency that they support in their available cryptocurrencies. The company pays its customers without any delay.
3. Crypto Universe
Live since 2018, the crypto universe is another cloud mining project that allows the users to earn crypto mining with profitable plans and contracts.
The platform mainly provides its services in the Russian federation. The electricity rate is low in the northern region and it’s a big advantage for the crypto universe. There are 3 different plans are available named standard, VIP, and the tariff 2025 for long-term benefits.
The users can mine through 2 types of contracts “Cloud Miners” and ‘BTC Mining”. The platform lets its users buy equipment for mining. The users can resell the equipment to miners and can take their funds back at the end of the contract.
As the crypto market is booming, the value of mining equipment is increased and it can give users an extra margin on profit. The interface of the website is quite user-friendly. There are a bunch of plans available with low investments and no hidden charges. There are numerous crypto affiliate programs available through which customers can earn.
4. ECOS
ECOS is more than cloud mining. It is the first cryptocurrency investment platform with all digital asset products and tools in one ecosystem.
ECOS is a company you may trust as it is one of the first cloud mining providers operating with legal status. Considered one of the top cloud mining providers, ECOS offers its clients cloud mining services for only one digital currency: Bitcoin, the world’s largest cryptocurrency in terms of market capitalization. Currently, the company is offering its services to over 90,000 users from across the entire world.
The company offers a wide variety of mining contracts to users. The minimum price for a mining contract is $149. This contract remains active for a period of twelve to fifty months. Additionally, there are different options available for you that you can use for deposits or withdrawals. These include Credit Cards and cryptocurrencies such as BTC, ETH, XRP, and LTC.
There are a lot of advantages that you can get while mining with ECOS. One of the advantages of mining with ECOS is that new users will get a one-month free promo contract. Other advantages include daily payments, clear transactions history, modern equipment, and a wide range of contracts.
5. BeMine
Established in early 2018, BeMine provides its services in Russia and CIS countries. They were pioneers of cloud sharing of ASIC-miners, making the opposite thing compare to selling mining contracts. BeMine operates more than ~70,000Th/s placed in Irkutsk, Moscow, and Chelyabinsk region, in Siberia, even in Almaty, Kazakhstan and they keep scaling.
BeMine unites Russian data-centers, as well as miners and individuals who want to participate in cryptocurrency around the world. Miners are invited to store their equipment in partnered data-centers, while users can purchase and store mining equipment, without the need for personal presence during the purchase, transportation, installation, configuration, and maintenance of ASIC.
If you don’t want to purchase the whole ASIC-miner, you can also try with its shares. BeMine can sell up to 1/100 share of exact ASIC for a reasonable price, which may become a very useful way to start a coin mining experience without the necessity of purchasing a whole expensive machine itself. But if you have the whole one, you can also purchase door-to-door delivery of ASIC.
Stake popular cryptocurrency coins in 2021 read our guide Best Proof of Stake (POS) Coins 2022
6. Genesis Mining
Genesis mining is one of the largest cloud mining company that offers bitcoin mining projects. Founded in 2013, the company held its reputation in the market by providing smart and easy investment solutions.
The company has over 2 million customers from around the world. When it comes to hash power, genesis mining is the largest hash power provider for altcoins and bitcoin.
The platform offers mining in both bitcoin and altcoins. You can mine different coins at the same time using the hash power that you owned. For instance, you can use different cryptos to diversify the risk of your investments. The company takes care of the miners and maintenance to get rid of the hassle.
Genesis Mining provides numerous pricing packages based on your hash power and the type of coin that you are interested in mining. In comparison to other cloud mining platforms, they are a bit expensive but they provide excellent experience and support.
7. IQ Mining (Working Again)
In late 2016, IQ mining started to provide its services. There are quite positive feedback from the customers these days.
The company provides remote equipment enabling users to rent them out to join cloud mining. Within a limited time, IQ Mining has grabbed almost 50,000 users. There are three different packages available depending on your wishes and investments.
- Bronze Packages
- Silver Package
- Gold Packages
There are many cryptocurrencies available from which you can choose for mining. The registration is free with no subscription fee. There are smart contracts available to reduce the risks.
IQ Mining has a very soft and user-friendly interface. As it is based in Europe, the platforms provide four major languages (French, Spanish, Russian, and English). The profit forecasts are quite high compared to investments which are not understandable. The platform is suitable for small investments until it gains more acknowledgment from customers.
8. Hashflare (Exit Scam)
Somewhere around 2015, the site launched its services to its users and has grown enormously since then. Currently, the site has around 1 million visitors every month.
Hashflare is a service that offers cloud mining contracts. The users can mine five different cryptocurrencies via this platform i.e. ZCASH, DASH, Ethereum (ETH), Litecoin (LTC), and Bitcoin (BTC). The platform offers different pool mining solutions. You can decide your own customize pool based on your preferences and Hashrate.
The profit is distributed to all customers based on the Hashrate. The best thing about Hashflare is that you don’t need big investments to start. The payouts are very transparent with different payment methods. It offers real-time mining statistics so that you can easily track how much profit you have made. here is our guide to the best places to buy bitcoin in 2023
9. Ultra Miner (Not Working)
Launched a year ago, it is a bitcoin mining platform devoted to providing the best cloud mining experience and high-quality customer service.
They have gained so much popularity and support from their customers around the world for how much sincere and professional they are. The platform provides four packages for bitcoin cloud mining. It has the lowest investment plans among all other mining platforms. It is an unregulated platform.
You can also earn commission by referring to someone. They provide VIP service on the purchase of 1000 TH/s which include many perks and advantages to its users.
10. Eobot (Closed)
Eobot is a cloud mining service provider and crypto exchanger. It was launched back in 2013 in the USA. Despite using this platform in the web browser, Eobot is also available on both android and iOS.
Since the launch, Eobot has over 2.2 million users with hundreds of thousands of active users daily. It also facilitates real-time trading through various digital assets. Eobot provides innovative mining services for its users with a wide range of tools. It provides a wide range of cryptocurrencies to let the user trade in between.
There is a feature called ‘Eobot crypto Faucet” through which the website randomly gifts a small amount of cryptocurrency on daily basis to users. The membership is free on the exchange and also there are no monthly fees.
However, on every transaction, they charge a 5% fee. Since the exchange is operational, they never compromise on security. The exchange also provides a bug bounty audit report which is refreshed every 60 seconds. It lets the users observe how much crypto capital is at risk.
11. Shamining (Exit Scam)
Launched in 2018, the United Kingdom-based mining field Shamining with its farms in London, San joe, and Capetown is one of the best-suited mining platforms for miners with minimal knowledge of the crypto mining process.
Shamining’s user-friendly website interface with animated or rather game-like mining processing is the feature that makes Shamining stand out among others. Anybody with a minimum of $100 can start mining using the Shamining platform. It guarantees a 1.43X return on investment ($400 return on $1000). it also provides 24/7 customer support. Since 2018 it holds a community of 8000 plus crypto investors. One more useful feature their website has is the built-in investment calculator.
Shamining Offers four types of contracts: CPU, GPU, ASIC, and Individual contract.
CPU offers the power of 23 580 GH/s in $0.0120 per GS/s with a maintenance fee of $0.0108 per GH/s daily. Profitability=143%
GPU offers the power of 94 340 GH/s in $0.0113 per GH/s with a maintenance fee of $0.0106 per GH/s daily. Profitability=149%
ASIC offers the power of 235 849 GH/s in $0.0109 per GH/s with a maintenance fee of $0.0104 per GH/s daily. Profitability=156%
As it is obvious with the above-mentioned information high power of the system offers high profitability and if a user is not sure about which contract should be attained the 24/7 customer service is at their services.
Can i get scammed?
The short answer is ‘YES‘. Cloud mining is a risky business and companies usually pay as long as they get good returns from mining. We have few cases of scam exits like Hashflare (was one of the top mining company before exit). TrustCloudMining(same story, not working any more). Please do your own research before investing into any of the company listed above.
How to select a bitcoin cloud mining website?
When it comes to selecting the best mining website, the process is very smooth and pretty straightforward. You only have to pick a plan to see how the service works.
Perhaps the most complicated part is finding the right host. Always check the background of the company, look at their websites, and read their reviews. Double-check if they have the statistics of their previous work
Conclusion
Cloud mining is recently becoming the top trend in crypto and bitcoin. The reason is very simple. Cloud mining makes mining more easy and convenient. By using the cloud, you can avoid the hassle and stress of using hardware at your own pace. In this regard cloud mining is more profitable then the mining you do with your hardware.
Moreover, although cloud mining can have some drawbacks, it does have advantages. It allows cryptocurrency and bitcoin more accessible to the public. Cloud mining has a bright scope in the future but there is an issue about the legitimacy of whether it is legit or not.
Many of the companies offering cloud mining services are scam or they use ineffective business models. By ineffective I mean, if your purchase or hold bitcoins, you either would risk your money or gain less than you should.
We would love to hear how your experience with the cloud was mining. Let us know in the comment section below if you need any help.
What is the best cloud Mining website in 2023?
choosing the best mining service is not an easy task as the market is full of scammers. HashShiny, Genesis Mining, and IQ Mining (back and paying) are the far the best cloud mining providers. These are the most reliable and legit sites that are offering cloud mining solutions. But Make sure to search and figure out everything before Investing.
Which cloud mining is profitable?
It totally depends upon the company you choose. Some companies give leverage to its users in monthly fees while other companies charge hefty amounts for the sake of registration fees. You should also focus on the mining profitability to know which company is more profitable in terms of contracts. Last but not least is the quality of service they are providing. There are so many drawbacks which hare totally neglected while choosing so make sure to research all these aspects in order to reach on bottom lines.
Does cloud mining pay off?
It depends on whether the platform is legitimate or not. Mostly there are Ponzi schemes and they usually charge form newcomers pay it to their old customers and themselves and mostly the company disappears for the record. So, you must check the authentic information before diving in.
Any news, guides, reviews or articles posted on RippleCoinNews are only written for informational purpose. Please do conduct your own research by contacting financial experts before making any investment decisions.
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victim
November 17, 2020 at 3:18 am
hashflare is a scam pyramid scheme save your money dont buy big scammmm!
George
December 5, 2020 at 6:58 am
I am also a victim of hasflare.scam
Parker
February 17, 2021 at 1:31 am
Cloud Mining and being part of the mining development sounds interesting but I decided not to go this way for various reasons:
– a lot of SCAM companies / contracts around
– competition is big and the field develops / changes rapidly
– even a trustful company can go change its policies or go bankrupt
– long contract length
– seems similar to buying a stock / share
– you might be bound to one or a few coins (what if the market doesn’t go well for them?)
– return after break-even not guaranteed
Conclusion: I buy coins on exchanges
Roger
March 10, 2021 at 10:31 pm
hashflare is Scam. Me too.
Andrea
March 13, 2021 at 5:07 pm
shamining is a scam
Rich
May 28, 2021 at 10:27 am
Yes, shamining.com is scam. After two and a half months maintenance fees equal profits, no matter how much is invested. When you ask them what is going on they keep saying invest more money that will fix it. It looks like Sham-mining is a Ponzi scheme.
btcb
December 16, 2020 at 10:30 pm
I invested about $1000 in btc, about .25 at the time a couple years ago, how are they on this list as #1!!!!! They shut down, refused to pay out after my contract expired and deleted my account!
hashflare is a SCAM!!!!
cesar betegon
January 20, 2021 at 10:10 pm
Who Would this Be? can you name the Company out of the 10
Arthur Webb
January 21, 2021 at 10:53 am
iqmining is good but you also need to consider the maintenance fee which is around 40% of your daily earning. if daily earning is 1$ you will only get ~0.60$ in your account.
Tassadduq Rasool
February 6, 2021 at 9:01 am
Its not about profit %. Its about being safe from scammers. SO, Can you please suggest, IQ Mining is safe and not a scam?
Arthur Webb
February 6, 2021 at 10:28 am
yes, its safe and we are getting payments without any problem
Engorch
December 27, 2020 at 10:06 am
Well, cloud mining can’t be your main source of income, but it can be quite a nice supplement. So the most important criteria is reliability. And ecos checks this box. I bought a 40 month contract a year ago, and there were no delay or problems with payment.
Lisa
January 4, 2021 at 5:33 pm
A very nice report but hashflare is scam I recommend you
Karlos Guantanomera
January 7, 2021 at 9:03 am
Did BeMine in late 2018. Bought 7xS9k, minted BTC all the way, until guys told me there is a moment 2 months before halving that I need to sell my ASICs and buy new ones. They said it’s hashrate or something:D Decided to pay extra, because already have minted some BTC. Now I have 9xT19 and PROFESSIONAL contract. It’s probably enough for a foot stroke.
Bara
January 8, 2021 at 8:19 am
Another Bitcoin rally added a nice bonus to ECOS cloud mining that was already quite profitable for me. Now I’m thinking about purchasing an additional contract – it’s time to make money!
Lubomir
January 10, 2021 at 6:45 pm
Hello can you tell me where is good to mining ?
I found lots of website.
Thank you
reifayeran
May 26, 2021 at 2:59 pm
i suggested genesis
Cryptoinc
July 19, 2021 at 9:09 pm
I Suggest Ecos I am mining since August last year good customer support.
cesar betegon
January 20, 2021 at 10:25 pm
I’ve just check Shamining.com and there minimum isn’t $50.00 it’s $150.00, I think who ever did this Review haven’t Check the Companies, and also has anyone signed up for Shamining.com to verify if their legit?, and can anyone point me in the right direction of a Legit Mining Company to start With?
Arthur Webb
January 21, 2021 at 10:50 am
Now they changed the minimum to 150$ in the past it was 50$.
John Frank
June 5, 2021 at 6:43 pm
Shamining.com are a big scam.
They don’t have any rigs anywhere, just a bunch of russians stealing your cash for as long as they can. One day they’ll be gone and who ever has cash in it will be sorry, that unfortunately includes me.
Fixable
January 24, 2021 at 8:24 am
Basically, the main advantage of ECOS is that it just works – it pays well and on time, doesn’t have any technical issues and doesn’t have any catches and fine print points in their contracts.
Miguel
January 25, 2021 at 4:06 pm
I had a bad experience with Hashflare and I don’t recommend it!
I have 5 years working with Genensis-mining contracts and this one I recommend it 100%…
Peter
February 3, 2021 at 1:18 pm
Hashflare is a scam. They stopped my withdrawals midway through the contract and and demanded that I provide A LOT of extra ID stuff. They never responded or resumed my withdrawals.
Ampull
February 6, 2021 at 11:37 am
It has again become almost impossible to buy ASIC. Perhaps the only reasonable option is to buy ASIC through ecos and host it on their platform – this way I was able to jump in immediately
Nico
February 16, 2021 at 9:09 am
Yep, ecos has convinced me that cloud mining can be honest. At least one service in this area is reliable and honest.
Dadatik
March 15, 2021 at 3:24 pm
So far, not enough time passed since I started cloud mining with ecos for me to be able to say anything definite. There were no delays in payments and the income clearly followed the bitcoin exchange rate, but it only has been three months.
Gaznon
March 18, 2021 at 12:39 pm
I hosted an ASIC with ecos this summer. Amazingly, it generates almost exactly the income I calculated for the same ASIC at home, even after taking hosting expenses into account. The difference over the last two months is only 5-7% per week.
Toby
March 20, 2021 at 5:52 pm
Thank you for all the comments ! I see 4 reviews in favor of ECOS and all (many) reviews for Hashflare have written SCAM.
Andrea
March 25, 2021 at 10:49 am
shamining is a scam
REPLY
Otta
March 27, 2021 at 4:26 pm
the SHAMINING team have a clever way to scam. they elevate your manteinance fees so high than you can’t witdraw anything from your wallet. so yes SHAMINING IT’S A SCAM don’t fall into it
Difik
April 9, 2021 at 6:27 am
I can’t say that my cloud mining experience has been very successful. Of the 3 services that I tried in six months, there were no problems with only one – with ecos.
Litllesoy
May 6, 2021 at 1:11 pm
On the one hand, ecos does not promise extremely high ROI. It is pretty average in this regard. On the other hand, unlike most cloud mining services i tried, it fulfills its obligations to the last letter. No missed payments, no changes in conditions- nothing like that.
Gaaaza
May 20, 2021 at 7:48 am
Ecos is the first cloud mining service that didn’t give me any troubles during funds withdrawal, even when the market situation was deteriorating.
Paul Thomas
May 29, 2021 at 11:27 am
Hashflare is TRASH! Do NOT use them as they are a SCAM! There are SO many reasons I truly HATE them! They FROZE my money (payouts) while Bitcoin’s price steadily plummeted (due to a “MININUM PAYOUT requirement”, and while my payouts were diminished by falling Bitcoin prices, they simply STOPPED my mining services (paying out hashrate to me and everyone else) despite our CONTRACTS. In other words, the “hashrate output was exceeeded by the maintenance fees, so they didn’t even MINE any more Bitcoin for us!” What a bunch of CREEPS! ZERO customer service, delay after delay after delay! It took me 9 MONTHS to recover a few hundred dollars out of THOUSANDS I invested! I was lucky to escape without ripping out what’s left of my hair! BEWARE OF HASHFLARE! DON’T DO IT!
Ayman Roshdy
June 13, 2021 at 2:02 pm
Shamining is a scan they steal the money and after a couple of month they just tell you that the maintenance fees is equal to the income so no profit and rip off your money, I know another customer who invested 4000 and got a profit of 400 and nothing else – a complete scam
Nepalsuffer
June 17, 2021 at 9:20 am
Ecos app is, probably, the easiest to use among all the other cloud mining apps that I have ever tried – they did a great job on the interface.
Rahman
July 5, 2021 at 12:28 pm
I tried so many cloud mining. I found everyone is cheater like Alnshash is big scammer
FrankMooney
August 5, 2021 at 10:53 am
Wow, all these while, i have n’t hear anything about hashshiny, hope its not scam as well?
Rebecca
August 10, 2021 at 11:04 am
Shammining is a scam, check trust pilot, warned me off before i invested
Posfer
August 22, 2021 at 12:02 pm
I consider cloud mining exclusively as a long-term investment, which is why I bought a contract for 30 months. Even with the most modest calculations, my profit will be over 70%. Of course, I understand that the cryptocurrency market is very unstable, but at the same time, bitcoin has been showing positive dynamics for more than a year now, so I hope my contract in ecos will bring good profit.
Sherlock Rush
September 20, 2021 at 10:16 pm
Shamining is probably a pyramid scam. I have not been able to verify the existence of ANY of the officers or employees of the company. I also have not been able to verify that they have any mining facilities. Their last annual corporate filing states they are an inactive (no income – no tax) company. They have simplistic pages on LinkedIn, but they are all inactive and no evidence they are not just made up. Searches of the internet for their names come up with nothing tangible. Searching their claimed residence (off LinkedIn) finds no one that matches their name in that area. Finally, their corporate address appears to be a small building with a store on the bottom and empty offices above that (google street view). Please do your research.
Robert Jackson
September 24, 2021 at 3:01 am
Gracie
These are very helpful leads for me. Thank you.
I think I will go with ECOS
Burgman
October 20, 2021 at 9:09 am
Just a normal company that works. I cannot say that I was impressed by the speed of work or the interface, although they are at a decent level. Ecos is an ordinary crypto platform, with normal fees and conditions, which works properly, as it should be.
Masaquk
November 27, 2021 at 12:43 pm
I’ve always been pretty skeptical about the entire crypto industry. Starting from bitcoin and ending with cloud mining. But to deny the fact that you can make good money on cryptocurrency is stupid. I decided to try investing with ecos, simply because they have been on the market for a long time and have a good reputation. After a couple of months, I got a good profit from their crypto portfolios. I hope ecos will continue to work honestly and withdraw profits.
Dude
December 1, 2021 at 10:19 pm
Is it customary that maintenance fees must be paid with outside funds and cannot be paid from earnings?
Tuchaka
December 20, 2021 at 12:40 pm
ecos is a great company with very cool products. I recently sold one of my investment portfolios and made a good profit, which ecos paid off without any problem.