Cloud mining bitcoin is a perfect choice if you want to earn and invest in bitcoin without managing the hardware. It means you hire or buy the mining equipment from a company that runs the miners for you. For this service the company grabs a part from your profit for maintenance and electrical cost. However there are a few risk with cloud mining an investor should be aware of. There are many ponzi schemes out there and also a few companies running old a equipment and the ROI can be hard to get positive. Here is a list of cloudminers we think are good.
The mined profit comes in every 10 minutes from your hashpower. The profit can buy new hashpower smoothly via autoinvest. Possible to make an ROI both from mining and trading hashpower. Started mining in early 2014. Brake even = 118 days (4 months)
UK based and operated Limited Company offers affordable 1 year contract inclusive all fees, daily payouts and reliable support. State that thet are silver member of Bitcoin foundation and also that they offer 100% guarantee within 7 days. Started their services in April 2014.
Consist of 5 different data centres spread around the world. Offers 15 KH/s life time contract for free for every new registered user. Started their services in October 2012 and have written a quite detailed timeline under "company/news" how they have proceed from there.
Offers 5 years contract with weekly payout. Often offers discounts to existing members so please email us when registered and we will send you a discount code if there is any active. They also post news and discounts on their twitter account. Started their services in November 2014.
Mining Sweden has a different approach and offers both mining contract and shares in the company. They have started as a small business and plan to growth fast with help of investors. They seem very enthusiastic with a lot of things going on like discounts and new equipment. Started their services in February 2015.
Hongkong based with facilities in Iceland, USA and Canada. Genesis mining has a partnership with one of the largest ASIC manufacturer Spondoolies Tech. Offers life time contract (as long as profitable). Use code X216Uc to get 2.5 % off when buying hashrate at Genesis. Was founded in the end of 2013.
Gigahash
Daily ROI: 0.33 % Contract type: Lifetime
An EU-based cloud mining company that offers life time contracts (as long as profitable). Started mining in December 2013 and using ASIC hardware. Gigahsh have a twitter account where they announce news. Accepts different altcoins and Paypal.
Hashflare
Daily ROI: 0.21 % Contract type: Lifetime
Hasflare is a part of European company HashCoins that manufactures ASIC miners. They have their office in Tallinn, Estonia and invite their customers for a drop in. Hashflare offers life time contract (as long as profitable).
Zeushash
Daily ROI: 0.27 % Contract type: Lifetime
ZeusHash has announced that they have partnered with one of the big players in the industry who owns a mining farm in China. Zeushash offers a system where you can get points to reduce maintenance or boost your mining pwer for a short time. Zeushash offers lifetime contracts (as long as profitable). Opened in October 2014.
Minimum 100 GH/s for 0.12 BTC. Even cheaper for VIPs!
Organized:
Payouts are scheduled every sunday before midnight UTC+1 (Norwegian time)
Safe:
3 day FREE refunds!
Why us?
Competitive pricing - 0.0011 BTC / GHs for VIP and 0.0012 BTC / GHs for everyone else
Lowest rates ensure highest profits.
No hidden fees, no pre-orders
What you order is what you get, instantly.
Experienced customer support
You can ask questions about any kind of calculations - the same people who manage our mining operation will answer customer queries related to mining.
Free refunds
We offer 3 day refunds, 100% free of charge. In case our free 10 GHs vouchers (see below) were not enough to try us out.
Reliability.
We have invested six digit sums into our platform and facilities last months alone. We are not going anywere.
VIP program
Our VIP program offers 10% lower prices on all mining contracts as well as 9% referral commissions.
To become a VIP member you just have to make an order of 2 TH/s (2.2 BTC at the time of this post).
Or apply for a FREE VIP code in this thread [IMG]
Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.
Who created Bitcoin? Bitcoin is the first implementation of a concept called “crypto-currency”, which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.
Satoshi’s anonymity often raised unjustified concerns, many of which are linked to misunderstanding of the open-source nature of Bitcoin. The Bitcoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Bitcoin software. Just like current developers, Satoshi’s influence was limited to the changes he made being adopted by others and therefore he did not control Bitcoin. As such, the identity of Bitcoin’s inventor is probably as relevant today as the identity of the person who invented paper. Who controls the Bitcoin network?
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can’t force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus. How does Bitcoin work?
From a user perspective, Bitcoin is nothing more than a mobile app or computer program that provides a personal Bitcoin wallet and allows a user to send and receive bitcoins with them. This is how Bitcoin works for most users.
Behind the scenes, the Bitcoin network is sharing a public ledger called the “block chain”. This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending bitcoins from their own Bitcoin addresses. In addition, anyone can process transactions using the computing power of specialized hardware and earn a reward in bitcoins for this service. This is often called “mining”. To learn more about Bitcoin, you can consult the dedicated page and the original paper.
Cloud mining or cloud hashing is a brand new concept, which allows users to form groups (pools), where their joint efforts are rewarded with greater income, compared to individual mining with their own equipment. All Bitcoin mining is done in the cloud, without any offline hassle, such as electricity, hosting issues, or installation and upkeep trouble. Thus, everybody can earn extra revenue with little to no risk and frequent payouts.
Investment based company with daily fixed profit returns.
Returns: Your first 60 BTC invested in this secure platform enjoy fixed profits of 1.72% to 2.60% daily. Investments above 60 BTC receive variable profits ranging from 3.1 to 4.5% each day.
New cloud mining company selling VIP shares to help build the hash power of the company, recently showed images of new hardware bought and a video, good reviews so far
Returns: Depends on hash rate, weekly payouts VIP shares may offer better long term returns
Risk: Medium Brake Even (days) :
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Avis Mining
https://www.avis-mining.co.uk/
Small cloud mining operation with 130TH of SHA256 Mining Power and 50GH of SCRYPT Mining Power
Returns: Depending on hashpower though they have hourly payouts and 30% fee
Risk: Medium Brake Even (days) :
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Get Hashing
https://www.gethashing.com
The first decentralized and 100% transparent bitcoin crowd mining platform offering proof-of-Everything (PoE) and blockchain integration
Returns: Dependant on amount invested, users can purchase smart asset mining shares stored and transferred on the Bitcoin block-chain starting at $5
Social trading platform where you can copy trades of successful traders and soon trade BTC in real time
Returns: Depending on what you invest in and who you copy, though there are some great filters for copying people and big sign up bonuses Risk: Low Brake Even (days) :
__________________________________________ BITCOIN CLOUD SERVICES https://www.bitcoincloudservices.com/ UK registered cloud mining company who are are also a Silver Member of the Bitcoin Foundation Returns: Dependant on hashing power lowest price is 0.0014 BTC per GH/s Risk: Low Brake Even (days) : __________________________________________
CLOUD MINING WEBSITE http://www.cloudmining.website/ Dedicated mining facility with high end GPUs and FPGAs and Asics Returns: Dependant on hashing power lowest price is 0.0008 BTC/Ghs Risk: Medium Brake Even (days) : __________________________________________
PROFIT 12 https://profit12.com Bitcoin investment site offering 10/12% daily returns Returns: 10%/12% Daily Risk: Medium (Based on fast return) Brake Even (days) : __________________________________________
Smart Hash
https://www.smart-hash.com/ Bitcoin cloud mining site offering a 2.5 month ROI Returns: 2.5 Month ROI Risk: Medium Brake Even (days) :
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