Cloud mining reviews present a table with a list of cloud mining companies. The list includes companies we have used ourselves. A review of each cloud miner is published. Some companies offer lifetime contracts but those will only run as long as profitable. Therefore, these should not be considered as a lifetime. The expected lifetime of these contracts is 1-3 years. Genesis mining also offers mining contracts for Ethereum cloud mining and X 11 Dash cloud mining. Hashflare has contracts for Ethereum cloud mining and Scrypto cloud mining. We have recently added the new Bitcoin cloud mining company BW.
Cloud mining tips
We have a few tips for cloud mining. We have invested in 30-40 different cloud mining companies the last 2 years. We have divided the companies as legit, doubtful and definitely scams. The companies that are legit are well known in the community as transparent and real mining companies. Remember that those also can fail, as for example MiningSweden. The companies listed in the doubtful category runs a company that makes payments as a legit cloud mining company. However, we have noticed some uncertainties in different communities about these companies. Be careful. In the bottom, we have a list of companies that are 100 % scams that we have invested in. Don´t ever invest in those.
Cloud mining legit 2016
Here is a list of what we consider as legit cloud miners 2016. Later we have a list of more doubtful companies.
Below we have a list of cloud miners that still pay and have a functional company. However, they have not presented any evidence of cloud mining equipment. Be very careful with investments in these companies. Start with small investments and reinvest your profit. Check our cloud mining black list further down where you absolutely not should invest.
Hashflare
Hashflare has their office in Tallinn, Estonia. We have used this service since May 2015. Hashflare review
Payout: Medium (2016 JAN)
Contract: Lifetime
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Gigahash
Gigahash is an EU-based bitcoin mining company offers lifetime cloud mining contracts. Gigahash review
Payout: Low (2016 JAN)
Contract: Lifetime
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HalleyBTC
Started in 2015. Created from the founders of Zeushash cloud mining. HalleyBYC review
Payout: Will update
Contract: 30 day, 90 day
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OXBTC
OXBTC is a cryptocurrency investment service platform founded in 2014. OXBTC review
Payout: Will update
Contract: Hash market
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Cloud mining website
Cloud mining website opened cloud mining in late 2014.
Cloud mining bitcoin is a perfect choice if you want to earn bitcoin. You invest in bitcoin mining but don´t handle the hardware. Cloud mining means you hire or buy the bitcoin mining equipment from a company. The company runs the bitcoin miners for you. For the service, the company grabs a part of your profit. They do this to cover for maintenance and electrical cost. However, there are a few risks with bitcoin cloud mining. There are many Ponzi schemes out there. There are also a few companies running old equipment. Therefore, the ROI can be hard to get positive. We have a list of cloud mining reviews from the best companies. We also offer cloud mining bonuses.
Cloud mining profits
Cloud mining profits rely heavily on two factors. These are the bitcoin price and the mining difficulty. If you want to read more about bitcoin cloud mining you can check out our page "cloud mining". You find this in the footer menu. You need a bitcoin wallet to receive payouts. We recommend COINBASE ($10 bonus).
Here are all cloud mining companies we have invested in that have turned out to be scam companies. Some of the sites are still online so be careful. Bitcoincloudservices, PBmining, Cloudminr.io, Nexus mining, Skycoinlab, Scrypt.cc, Mintsy, Cointellect, Gawminer, Zenminer, Zeushash, Terabox.me.
