Lifetime Cloud Mining Contracts Bitcoin Converter Calculator

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Hashing24 is a platform where users buy hashing power for cryptocurrency mining and they provide quality cloud mining services ranging from 20 USD per 100 GH/s to premium contracts to impress interested users.

Genesis Mining has been offering hosted mining contracts since 2013. Until now they have only offered three types of contracts with prices ranging from only $29for 10 GH/s to $42,000 for 10 TH/s for 12 months and the company promises 100% uptime. The new plan is not only much less expensive it is also for a lifetime. Instead of having to renew your lease every 12 the new program will give you a permanent mining lease with Genesis Mining.

One question that many new miners often ask is about profit from cloud mining programs like this. If you invest a certain amount of money you should expect a profit from your investment. Programs like Genesis Mining will certainly earn a profit. Unfortunately unless you are willing to go in big at the outset your profits might seem depressingly low. An example is the Gold level offered by Genesis Mining. You receive 10GH/s for $9.99. The calculator that we used put the daily profit from 10GH/s at about $0.09 per day. This calculation was made for Bitcoin mining. Genesis Mining offers several coins that can be mined and it can be set to mine the most profitable at that particular time and this may mean that there are higher profits in mining altcoins at Genesis Mining.

Crypto mining got birthed at the same time as bitcoin. However, most of the latest trendy cryptocurrencies are proof-of-stake and mining had to take a backseat to staking. Nonetheless, there are still plenty of coins and cloud mining platforms where you can profitably mine crypto.

Originally provided cloud mining contracts for Bitcoin, Ethereum, Zcash, DASH and Litecoin (support for Script, SHA-256, ETHASH, EQUIHASH, X11 algorithms). Payouts were originally made in the currency you mined, with the exception of Litecoin (which was paid out in BTC). At the moment, they only have a limited amount of Ethereum smart contracts on offer.

It only supports Bitcoin mining and offers one-time-pay, lifetime mining contracts. These have all currently been bought out but the website hosts auctions where you can buy a contract from an existing client. Overall, Hashing24 appears to be a reputable cloud mining service, one that may be somewhat overpriced with the current Bitcoin prices though.

IQ Mining is a pay-as-you-go cloud mining platform, allowing you different mining plans and contracts that can have your hash power ultimately hop between a really diverse selection of 150 altcoins. The hardware used to provide hash power is apparently owned by them and anything you mine out will be paid to you in Bitcoin. Ethereum, Litecoin, Monero, Dash, Zcash are among the mineable currencies.

So, how do you make money from cloud mining? Cloud mining companies allow people to open an account and participate in crypto mining through a pricing model, usually a commission. Users purchase a certain amount of hash power and profits are allocated in relation to the hash power purchased and the current price of the coin. Companies tend to have cloud mining profitability calculators to provide potential customers with clues on earnings expected for a given hashrate purchased.

There are four different types of mining contracts on the cloud mining platform - CPU, ASIC, GPU, and individual contracts. Each offers a distinct hash power and pricing, as well as different rates of profitability. The CPU Miners contract provides the power of 23 580 GH/s for $0.0120 per GS/s. The GPU Miners contract offers the power of 94 340 GH/s for $0.0113 per GH/s. The ASIC Miners contract offers the power of 235 849 GH/s for $0.0109 per GH/s. All three of these contracts offer profitability starting from 143%. An individual contract offers the power of 235 849 to 943 400 GH/s for $0.0106 per GS/s.

With a minimum investment of $1.90, ScryptCube is a suitable option for cloud mining newbies. ScryptCube provides three types of mining contracts that you can purchase without restriction - Bitcoin mining (1 year), Ethereum mining (1 year), and ETH staking (coming soon). For Bitcoin mining, prices start at $4.9 per 100 GH/s for 1 year and $7.5 per 100 GH/s for 2 years. There are no maintenance fees and contracts can be bought via BTC, visa, and MasterCard. You can withdraw immediately from day one of mining.

Founded in 2013 in China by Bitmain Technologies, Hashnest is one of the earliest cloud mining sites. In 2014, the company acquired Snowball.io, a cloud mining platform. With over 400,000 users all over the globe, the company hosts multiple brands of miners such as Antiminer S17. This is one of the best cloud mining sites for those looking to mine long-term, as their cloud mining contracts can last a lifetime. The site also provides a distinctive feature as customers can buy and sell hashrates freely on the Hashnest market. Featuring leading Bitcoin mining equipment, manufactured by Bitmain, the platform allows you to mine Bitcoin, Litecoin, Zcash, and Dash.

mining centers across continents in Canada, Russia, Iceland, Georgia, Algeria, China, and more. IQ Cloud Mining has a wide selection of cloud mining contracts with popular cryptocurrencies and 100+ altcoins. With customer service available 24/7 based in the United Kingdom and Russia, the platform responds in under 2 minutes to any queries.

The cloud mining site offers daily payouts without any withdrawal commission. IQ Cloud Mining also offers a pro contract with 20% interest per year. The minimum investment is $250. The company offers 1 year, 2 years, 5 years, and lifetime cloud mining contracts. The SHA-256 contract for mining 10 major coins has a minimum hashrate of 10 GH/s with a contract price of $0.066 per 10 GH/s and has a potential income of up to 125%.

HashShiny states they have the lowest price on electricity ($0.05/kWh) and purchasing costs in the industry. The maintenance fee for Bitcoin cloud mining is $0.0015 / 10 GH/s / day. Payouts happen once a day. The company offers seven cloud mining contracts. The Dogecoin Cloud Mining 2-year contract costs $1.20 per 1 MH/s with a maintenance fee of $0.0016 /1 MH/s /day.

The most important step when getting started with cloud mining is ensuring you have done your research to avoid scams. Look for the best cloud mining sites with brand recognition, thousands of users, and positive reviews. Make sure to go through the contracts available as cloud mining sites offer a diverse range of investment packages to fit your passive income goals.

Pick out the investment contract that best suits you, many cloud mining sites allow you to personalize contracts to fit your needs at the time. Reputable companies such as Shamining require a $500 minimum investment so go ahead and fund your cloud mining contract.

The best cloud mining service out there is Shamining, a company from the UK providing a high level of computing and profitability. Users can access Bitcoin cloud mining, as well as altcoins. Shamining has cloud mining farms all over the globe powered by wind turbines and solar panels, making the crypto mining process more eco-friendly. There are four attractive mining contracts on the cloud mining platform - CPU, ASIC, GPU, and individual contracts. Each offers a distinct hash power and pricing, as well as different rates of profitability.

The company also has an affiliate program. One of the best features of the program for people interested in cloud mining is that you can convert your affiliate commissions into a lifetime (yes, LIFETIME) cloud mining contracts. This is such a rare feature that it almost sounds too good to be true.

Nice-Miner lets you choose from three different levels - 3 months, 5 years and a lifetime package. These levels vary in cost but are relatively affordable when compared to other Ethereum cloud mining services in the industry.

We are super thrilled to see these contracts sell out so fast and with the success stories, we have heard from satisfied customers since we started. We believe because pool.bitcoin.com is the highest paying mining pool in the world, it is poised to become a leader in the industry.

If you find other cloud mining services, make sure to vet them thoroughly, including not solely relying on user reviews, as those too could be faked. If you play your cards right and choose the right combination of contracts, you can start seeing profits in only a few months. 2b1af7f3a8