Lots of ways exist for getting income in cryptocurrency. Moreover, many of them do not need initial investment and a huge amount of cash; it is sufficient to have an online wallet and the Internet connection. However, if you want to obtain a stable profit, you should make profound research on methods of earnings and choose a profitable company.
Cloud mining is one of the easiest and most affordable ways of getting cryptocurrency in 2019. It allows you to mine coins remotely, which is a big plus. In addition, cloud mining is built on the rental of mining resources from various companies.
To confirm the significance of such an income method, it is crucial to investigate all its pros and cons. Once such a comparative analysis is done, you can get down to cloud mining.
Advantages of cloud mining:
Simple to start. All you need to do is just create an account on the appropriate service, deposit money and get profit.
Availability. One can purchase any share of hardware for any price.
Drawbacks of cloud mining:
A small amount of income. There is no guarantee that you will get profit.
You are not the owner of the hardware.
Against the background of the dozens of cloud mining platforms, there are lots of scammers, who take the money and do not give you any kind of a ’’share’’.
There are many criteria you need to follow while searching for a reliable cloud mining company. However, first, one needs to pay attention to the offer type, feedbacks, and the platform lifespan.
We have selected 10 of the most reliable cloud mining platforms that are characterized by their positive feedbacks and favorable conditions.
IQMining is positioned as an innovative cloud mining service. The company does not only mine altcoins according to proven algorithms but also sells tokens on specialized exchanges at a competitive cost. Investors are not required active participation to get profit. Only you need to do is simply register and buy the desired amount of power.
The platform differs from its competitors by the following features:
Automatical switching to mining the most beneficial cryptocurrency.
Flexible conditions for investors.
A free seven-day trial period for a cloud mining contract worth of $100.
Availability of promo-codes that give additional bonuses.
The company has been operating for only two years, but already entered into agreements for direct deliveries of equipment with the largest manufacturers of China, such as Bitmain, Ebang, Canaan, and Innosilicon.
Cryptouniverse offers customers a unique hashrate auction option. You can sell a contract for Bitcoin or Litecoin concluded before 2025 to other users at a special auction or re-buy it if you wish to increase the volume of investments.
- Only Bitcoin and Litecoin are available for mining.
- Everyday payouts.
- Profitability up to 20% monthly for a period of 360 days to 5 years.
Genesis Mining is another solid platform for cloud mining which has been operating since 2013. You can even monitor on the website how your coins are being mined in real-time. In such a convenient process of work lies the first advantage of the company – transparency, which significantly increases the level of customer confidence.
One of the biggest advantages is the everyday payouts. In addition, if there are any troubles with the system, all hashing power is transferred to other pools.
The service allows using the latest generation of Antminer on real mining farms. Online distribution of computing power enables users to connect to their mining pool. BitDeer receives a vote of confidence because it is a subsidiary of huge mining pools, which cooperates with such large exchanges as EXMO.
The ability to switch pools as you wish.
Payments are made directly from the selected pool.
Availability of mining farms around the world.
Competitive price of mining contracts.
Hashflare is a subsidiary of Hashcoins, another producer of mining hardware. The company offers the opportunity to rent hash power of a variety of cryptocurrency, such as BTC, LTC, ETH, and Zcash. Currently, HashFlare operates only with Ethereum contracts and their quantity is restricted.
The platform’s aim is to give a chance for everyone to earn digital currency, without taking into account the technical background and the number of investments. Furthermore, HashFlare builds up its mining technology and supports cryptocurrency and the economic network of the leading crypto and some other altcoins.
The company offers its clients such benefits as:
200% annual ROI.
No hidden commission.
Besides cloud mining, Nuvoo offers its customers different kinds of partnership, including a chance of renting a mining farm developed by skillful specialists. The interface of the site is convenient and understandable for new users, the information is clearly structured. At Nuvoo Mining, each client can meet the advantageous offer of advice and direct assistance for the farm selection.
No additional fees.
No maintenance or electricity bills required.
Availability of online profit calculator.
AlienCloud is a platform where cloud mining, cryptocurrency exchange, wallet, and mining pool are concentrated at the same place. The exchanger uses P2P technology and offers small transaction fees. Convenient trading charts are also a plus. The project regularly adds contracts for the mining of new coins.
The platform has the following advantages:
The presence of annual contracts at an attractive price.
Availability of perpetual contracts.
The possibility of buying capacity for the fiat currency.
CCG Mining offers innovative and affordable solutions to ensure access to cryptocurrency mining.
A profit calculator is a convenient tool available to users, which allows to predict and compare income according to various mining plans that are available on the platform.
The company currently offers three different types of contracts:
A cloud mining contract.
Personal mining equipment.
The Bottom Line
Overall, cloud mining in 2019 remains one of the most popular methods of earning cryptocurrency. More and more platforms are being launched due to the increasing demand for digital assets.
Top platforms constantly offering better conditions to attract as many customers as possible. In this regard, IQMining offers a giveaway contest, where everyone who buys a mining contract worth $100 and above has a chance to win valuable prizes.