Bitcoin Cloud mining service’s seem to be the new thing with multiple site’s launching in 2014 however, there’s a lot to factor into the site before investing Bitcoins in them. The price per mining Gh/s varies tremendously from site to site, some sites have very high power fee’s and there’s a lot of scam site’s looking to take your precious Btc. In the last few weeks I’ve been scouring the web and finding the best and worst of all of the cloud mining site to show you which ones are worth your time and which ones are bust.
#1 – PB Mining
Piggyback mining is currently my favorite cloud mining site. The reason?.. simple, It is the cheapest and most reliable on the web at the moment.
They are currrently offering 1 GH/s of mining power for 0.003 Btc. All the mining power you buy runs constantly for 5 years and pays out your Bitcoins every Sunday. There’s no fee’s and they they insure you 100% so if there’s any downtime (have yet to see any) you will be payed for it.
They also offer a nice 10% of everything your referrals buy to your mining power if your into that, and have an astounding 100% customer satisfaction rate.
How profitable is it? I’ve done the math and right now I seem to be able to pay off my investments in around 3 months of buying so everything after that for the next 4 years 9 months is pure profit however, Bitcoin mining difficulty and Btc value is constantly changing so its impossible to predict. Luckily, PB mining is always adjusting there prices to fit the market.
Overall – 9/10
#2 – CEX.IO
Cex.io is a Cloud mining platform that allows you to mine multiple Crypto currency’s and trade your GH/s for coins at any time or vise versa. The things I like about it is you can trade GH/s while there mining and with some basic coin trading skills you can make a profit fairly easy however, unless you have thousands to throw around this alone is not the most profitable option.
The mining aspect of Cex.io seems to be pretty good at first with GH/s being 0.00675 at the time of writing this and, the option to purchase future mining power for considerably cheaper to start mining on the 26th of each month. The only downfall of mining here is they have very high fee’s compared to other services that after all is said and done, take around 30% of your mining profits. This “fee” is only taken from your mined Bitcoin‘s and you will still receive 100% of you other mined crypto’s however, I still don’t like the idea of only mining Btc at 70%.
All and all, this is still a nice service especially the trading platform and still one of the cheapest around.
Overall – 7/10
The following are also highly established Bitcoin cloud mining sites however, I have not tried them due to there prices being significantly higher than PBmining or CEX.IO
#3- Groupbitcoin.com
Group Bitcoin offer a range of Cloud Mining Hardware and Bitcoin Mining contracts and is based in the UK.
- Returns paid monthly direct to your to your Bitcoin Wallet
- No Electricity or maintenance costs to pay
- Latest generation of state-of-the-art cryptocurrency mining equipment
- No technical knowledge or expertise required to join
- 24/7 customer support
- 12 month contracts
#4 – Eobot.com
Eobot.com offers a simple straightforward way to crypto cloud mine. Start with as little as $10 using PayPal and choose between any cryptocurrency including Bitcoin, Litecoin, Peercoin, Namecoin, Feathercoin, Dogecoin, NautilusCoin, and Vertcoin. Use any CPU or GPU for any coin, SHA-256 or Scrypt, with as many computers, and with immediate results.
#5 – Scrypt.cc
Purchase KHS in fast and start mining right away. You also have the ability to trade your KHS in real time with prices based on supply and demand. All KHashes are safely stored and maintained in 2 secured data-centres.
- Instant KHS Delivery
- No Trade Fee
- Payouts Every 10 Minutes
- A Great Referral Program
- 24/7 Support
- Sell Your KHS At Any Time
#6 – Cloudhashing.com
Cloudhashing was founded in February 2013 to take all of the hard work and complexities out of Bitcoin Mining.Cloudhashing.com is currently mining aroung 20 Million dollars in Bitcoins every month.
Crypto info 