Best Bitcoin Cloud Mining Contract Review in 2017 – Bitcoin mining can be fun and all. If you do it right and make good strategy, you can even get better profit compared to obtaining Bitcoin by trading. However, one of the biggest obstacles for people to do Bitcoin mining is getting the best hardware and software. Mining is about skill, but how good the result will be also depends on the quality of the mining rig and the application you use.
Unfortunately, we know that mining rig and software can be very expensive. If you need to collect money to buy them first, when will you start the action? So, if you want to start mining without having to own your own rig and software, you can choose cloud mining.
Cloud mining is a form of contract where you can still mine like usual, but the hardware and software is outsourced to a third party, like a data center. It is more cost efficient since you don’t have to worry about huge bandwidth as well as high electricity bill. Here are some of the best Bitcoin cloud mining services with good reputation.
It is safe to say that up to this time, Genesis is still one of the best cloud mining services you can find. It has three cloud mining plans and all of them have very competitive price for such a good service. Genesis Mining comes with a simple yet excellent dashboard that makes going around the menu very convenient. Furthermore, people also praise this company for its low maintenance fee as well as daily automatic payouts.
Besides Genesis, Hashflare is also another popular and reputable cloud mining service. It offers automatic payouts in Bitcoins even though the mining contract is in SHA-256 coins. One of the best things that differentiate Hashflare with other cloud mining service is its unlimited term contract. It can be cheaper in the long run but you need to buy a minimum of 10 GH/s from the get go which can be very expensive for beginner miners.
The next cloud mining service that is famous for its good quality is ViaBTC. Its mining contract is operated by Antminer S9, which is the most sophisticated mining rigs in this age. Unlike some other cloud services that is geographically limited, ViaBTC is available for global customers, which prove its excellent quality. The maintenance fee is low and just like the first two services, ViaBTC also generates daily automatic payouts.
Hashing24 is one of the few cloud mining companies we are willing to even list here. The main reason is that they are partnered with BitFury, one of most well-funded Bitcoin companies who is also one of the few re-sellers of mining hardware. Hashing24 sells lifetime contracts, so you retain your hash power until the contract becomes unprofitable.
BitClub Network is a community of people who have come together to support Bitcoin and other digital currencies. They are helping to educate, provide services for, secure, protect, and ultimately profit from this emerging technology. So far this community has created one of the largest mining pools in the world.
The concept is very simple! You purchase mining equipment that is used to mine Bitcoin and they pay you daily on your share of all Bitcoin being mined. When you share this opportunity with other members and they make a purchase you will also get paid recurring commissions on all Bitcoin mined from their purchases.