4 Trusted Cloud Mining Sites

What is cloud mining?

Cloud mining services are involved in providing their resources to users for cryptocurrency mining. Customers receive compute capacity for monthly, annual, or one-time payments.

This approach provides mining access to those who cannot afford equipment on their premises. No need to pay big utility bills or hear the sound of a cooler at home.

How does it work?

The company provides cloud mining services, buys equipment independently, and locates it himself. These resources are sold to users as part of online mining.

To start using any cloud mining platform, you need to follow these basic steps:

• Create an account on a cloud mining site 
• Buy Hashrate According to your needs 
• Make a profit 
• Withdraw your profit to your personal wallet

How to choose a service from a cloud mining site

This is a high-risk niche for your daily income, but the income can be huge, which depends on many factors.

When choosing a cloud mining service, you must pay attention to the following things:

• Availability to the public 
• Total time on the market 
• The opportunities that the company offers 
• The more hashing algorithms you can use, the more reliable the service will be 
• Input and output methods 
• Mining contract time 
• Input from specific mining services

Trusted Cloud Mining Site

The services mentioned below have proven themselves to be reliable and are the most well known in the crypto community so far.

Genesis Mining

Genesis-mining.com is an international cloud mining service for Bitcoin and other cryptocurrencies: ETH, LTC, ZEC, Monero, and DASH. The platform has mining fields, which are built in Iceland and other cold countries, where the climate allows one not to spend a lot of effort on cooling equipment, as well as where electricity is inexpensive, which makes pricing policies very competitive and attractive to end users. .

HashFlare

The next Cloud Mining site is hashflare.io, it has been operating since 2015 and eliminates constant electricity, software, hardware monitoring, etc.

CryptoUniverse

The main aim of cryptouniverse.io is to provide the most reliable set of technical capabilities that will allow anyone to mine the cryptocurrency they want.

The company was registered on July 20, 2017, and representatives immediately went to China on a working visit to contact reliable mining equipment manufacturers, such as Innosilicon, Bitmain, Canaan, and Ebang.

Compared to other cloud mining services, CryptoUniverse differs significantly. Company representatives put their service reputation in one of the first places and offer only technically ready-made equipment for efficient operation.

IQ Mining

Iqmining.com does its best and is superior to other competitors in this field. Has been known to customers since late 2016; even though the company has been in operation for less than 3 years, it has become the most trusted choice in the cloud mining community.