If you are interested in cloud mining, read the article on how to choose the most trusted and legit site offering mining in the cloud:
STEP BY STEP GUIDE ON HOW TO CHOOSE LEGIT TOP CLOUD MINING WEBSITE
WHAT IS CLOUD MINING AND HOW DOES CLOUD MINING WORKS?
Cloud mining offers a way to mine a cryptocurrency such as bitcoin LITECOIN, ETHEREUM, DASH without buying to hardware and related equipment. There are websites that allow people to open an account and share in the cloud mining process. Top cloud mining websites renting their equipment for many. However, the cloud mining process makes mining accessible to a wider number of people from around the world.
The cloud mining process is very simple and only need a person to open an account with a top cloud mining company via its website and select few things like the contract period and hashing power. However, there many CLOUD MINING SCAMS, and people who decided on cloud mining, must be sure if the company is LEGIT.
Below we present the Top Cloud Mining Websites 2018 that we have checked.
Best Cloud Mining Services
This two operators, Hashflare and Genesis Mining, have been offering contracts for several years.
Bitcoin Cloud Mining Advantages
- no problem with mining equipment cooling
- no noise at home caused by loud mining equipment operation
- no additional charges for electricity
- No need to invest in expensive mining equipment, which over time becomes worn out
and outdated - no need to install additional ventilation at home
- knowledge of connecting and starting the mining equipment is not required
Bitcoin Cloud Mining Disadvantages
- Most of cloud mining websites is a SCAM and FRAUD!!!
- lack of satisfaction with building and installing equipment
- fees for equipment maintenance. Small but still.
- no own mining equipment
If you are not sure about the decision to choose the best cloud mining website, I invite you to read reviews about the cloud mining companies recommended by us:
BTC Cloud Mining Scams
There have been a huge amount of BTC, LTC, DASH, or ETHEREUM cloud mining scams called ordinary cloud mining ponzi scheme which we came across. People who buy cloud mining contracts should be very careful before they purchasing for a cloud mining service.
Cloud mining websites to avoid
Scrypt.cc SCAM Review: "Scrypt.cc allows purchase of KHS in a matter of seconds, start mining right away and even be able 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".
PB Mining SCAM Review: "Claims to operate Bitcoin mining ASIC hardware. When customers buy a bitcoin mining contract then they will begin earning Bitcoins instantly. At Piggyback Mining, they cover the electricity costs and all Bitcoin mining pool fees. The Bitcoin mining contract is 100% insured because they want customers to succeed".
Bitcoin Cloud Services (BCS) SCAM Review: It could be a Ponzi scam fraud.
Zeushash SCAM Review: Probably halted payouts.
Bitminer.io SCAM Review: Based on the comments of many users halted payouts.
A well-prepared cloud mining website sometimes makes it difficult to see the scam, that is why it's worth reading the reviews beforehand.
Thank you all for reading my Cloud Mining Review 2018 and also for using the Top Cloud Mining Websites links that I placed on this article. The income collected on STEEMIT is for me support and further motivation to create even more interesting content.