5 Best Bitcoin Cloud Mining Sites In 2023

With cloud mining, you may mine Bitcoin and other cryptocurrencies using a third-party service rather than investing in expensive mining hardware. As a result, you won’t have any mining equipment to handle or set up in a complicated manner. This might be especially challenging for new miners.

Using cloud mining is simple: you go to a website that rents out mining hash rates or power from a server farm owned by the cloud mining provider, and the provider then mines cryptocurrency on your behalf.

Although though the vast majority of cloud mining services are fraudulent, there are a few that actually provide, provided that you can purchase hash rates at a profit. With the advice in this guide, you may choose legitimate cloud mining platforms to put your mining efforts into.

Best Bitcoin Cloud Mining Sites In 2023

1. Genesis Mining

When it comes to cloud-based Bitcoin (and other cryptocurrency) mining, the Genesis Mining website is widely regarded as the most user-friendly option. The company was founded in 2013, and it now allows miners to use 6 different mining algorithms to mine Bitcoin, Ethereum, Dash, Litecoin, and over 7 more cryptocurrencies.

It claims to have processed over 100 million cryptocurrency transactions for over 2 million users in over 100 countries. Greenland, Estonia, Ice Land, the United Kingdom, and Sweden are just some of the 10 sites throughout the world that house their mining farms or servers.

Features:

• Guaranteed 100% uptime after contract purchase means customers never miss valuable mining time.
• Assistance for customers around the clock.
• Genesis Mining’s Advanced Auto-Allocation feature in the control panel lets users split their hashrate across several cryptocurrencies.
• Cryptocurrency wallets, Mastercard, PayPal, Wire, and debit cards are all acceptable methods of deposit and withdrawal.
• Although mining outputs are generated everyday, reward is only available once a certain threshold, which varies each cryptocurrency, has been reached. One bitcoin, for instance, is equal to 0.0015 bitcoin.
• Revenues from mining are subject to a daily fee that covers system upkeep. Bitcoin Radiant Classic costs USD 0.03 per TH/s, whereas the Radiant Zero package costs nothing.

Minimum Investment: $16

2.Pionex

Pionex is not a cloud mining service, but rather a cryptocurrency exchange where you can use 12 trading bots to engage in margin or leverage trading. Trading bots like these can also be used to buy and sell cryptocurrency futures on the spot market. Therefore, if you’ve been utilizing a cloud mining service to amass Bitcoins or other cryptocurrencies, you can deposit them into your Pionex wallet and let the platform handle the trade for you.

If you’re looking for an automated cryptocurrency exchange, Pionex is where you want to be. Great support for trading in USD, USDT, and USDC stable currencies. As an alternative to waiting a day for a credit card deposit, you can purchase Pionex Lite on the go using the app available for both Android and iOS.

Features:

• Robotic Grid Trading
• Automated trading software is used to your advantage
• Arbitrage software for spot futures
• Robotic trading for spot markets
• A Robot for Trading in Arbitrage

3.Bit Deer

Among the top cloud mining platforms is Bit Deer, run by a Singaporean firm. Celine Lu, who started the company, is now running it. Contract holders on the cloud mining platform get access to cryptocurrency mining hardware like the Antminer S19 and S19 pro.

It’s one of the most options for miners among the reliable cloud mining sites discussed here. It’s a wonderful choice for Bitcoin miners, but also supports Ethereum miners, Bitcoin Cash miners, Litecoin miners, and 6 more cryptocurrencies.

Bit Deer will manage the mining for any party that choose to buy a hosted rig through their service. After using the rig for mining, everyone in the group can split the profits evenly. It is one of the most popular and dependable cloud mining sites on this list, with over 5 million visits and 1 million active members from 200 different countries.

Customers report receiving returns of 80% on their investments and daily outputs of more than 100 BTC through the company’s mining contracts. It, like the other reliable cloud mining sites on this list, has received numerous positive reviews at review sites like Foxy Rating, demonstrating its efficacy.

Features:

• It provides cloud hosting for miners in addition to a hash rate-buying business for Bitcoin mining. It also offers the Antbox, a mining farm that can fit as many as 180 Antiminer s19 devices into just 20 square meters of space.
• A hash rate market allows users to trade hash rates with one another.
• Professional investors can now benefit from tailor-made mining solutions.
• Apps for Android and iOS make it easy to track revenue, monitor mining progress, obtain help, and more.

Minimum Investment: $1833.50

4. ScryptCube

Bitcoin mining for customers who do not wish to invest heavily in mining hardware, administer it locally, or maintain setups is made possible by ScryptCube’s use of the f2pool mining pool. Research into ScryptCube’s wallet addresses over time reveals that the company does, in fact, receive funds from f2pool and use those funds to pay out to its customers.

Users in the firm’s Telegram channel have been showing off analyses of the addresses on their screenshots, revealing that they have been receiving regular payments from the company since 2020. Besides Bitcoin, users of the cloud mining service can also mine Ethereum and, shortly, Beam.

Features:

• Help for the messaging app Telegram. To see if the hash rate package you want to buy is profitable and how much it may generate, you can use a mining calculator that is available online.
• To my knowledge, there are no recurring expenses for upkeep. Payment options for packages include Bitcoin, Visa, and Mastercard.
• With daily accruals, your mining profits will be deposited into your account every day. The account lets you view them in real-time for monitoring purposes.
• Withdrawals begin on the very first day of mining.
• Payouts for referrals amount to 3% of the total purchase price for each referred customer.
• See the current mining statistics in real time.

Minimum Investment:  $1.90

5. Bytebus

Bitcoin cloud mining software is a fantastic option that can bring you much closer to the crypto industry as a whole. Bytebus, a web-based Bitcoin mining service that requires no special equipment to begin earning cryptocurrency, is our favorite platform.

Bytebus, founded in 2018, is one of the first companies to provide cloud mining services, and it is already relied on by more than 360,000 customers around the world. Bytebus’s ease of use is one of its greatest benefits. There is no software that you need to download and install before you can get to work.

To use Bitcoin miners remotely, all you need to do is sign up for the service and rent some hash power. Bytebus can be characterized as free Bitcoin mining software because there is no cost associated with registering. The best way to rent hash power is to invest in a comprehensive service plan that covers all you need without charging you more for the privilege.

Features:

• Those who sign up will receive $10 immediately.
• Bonus of 3% if you invite friends.
• There is no requirement to acquire mining software.
• Works with Windows and any other OS.
• Make money with no initial outlay.
• Revenue estimator for the mining industry.
• Many options for renting Bitcoin miners.
• Swift, daily payments.
• Data mining in great detail.
• No costs for administration, utilities, etc.
• Customer service is available 24/7 from our trained team.
• The system is protected by DDoS and SSL.

Minimum Investment:  $10

FAQs

1. Can Bitcoin be mined without cost?

To which the answer is “barely.” You may try your hand at Bitcoin mining with the open-source software available online, but your best bet for making a profit is to sell your computing power to a Bitcoin mining farm. This method of mining is far more cost-effective. Connecting to a cloud mining service is another low-cost option for Bitcoin mining.

2. How does IQ mining function for Bitcoin mining?

The answer is that IQ mining supports Bitcoin mining, Ethereum mining, and other cryptocurrency mining. Simply create an account on their website, purchase a mining contract package from them, and wait for your money to trickle in. Your profits or payouts will be sent into your account daily, and you may view your account balance at any time. After that, you’ll be able to take out as little as $10.

3.Is there a free app for cloud mining?

There are various ways to answer this question positively. Any that can be mined on a device running Android, iOS, Windows, Linux, or macOS. For example, you can use StormGain to mine cryptocurrency on your Android or iOS device. You can get started mining with nothing more than a mobile phone. It says it is a part of the Financial Commission’s Blockchain Association. In addition, the Windows and Linux versions of the NiceHash CPU miner are available at no cost.

Conclusion

In this guide, we covered some of the top cloud mining platforms where you may mine both well-known and obscure cryptocurrencies.

You can buy hash rate contracts directly from the majority of the Bitcoin mining sites on the list. Freemining.co is the only platform where you can buy packages with guaranteed hash rates and then gamble your investment for further cryptocurrency. Similarly, it is a Bitcoin cloud mining service that you may begin using immediately and at no cost.

Genesis Mining is a company we recommend because of their expertise and experience. You can mine many cryptocurrencies at once, and it has an auto-balancer to distribute your mining power among them evenly. Besides from buying hash rates, BeMine also provides advisory services.

Bit Deer, Hashnest, and IQ Cloud Mining are the best Bitcoin mining firms if you want to buy or sell hash rates and cryptocurrency with other miners directly from your dashboard. The latter’s trading interface features contract pledging and copy trading, as well.

Where to Trade Bitcoin Futures?

Now you can trade ETH futures on BTCC. BTCC, a cryptocurrency exchange situated in Europe, was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone.  BTCC is a crypto exchange offering users liquid and low-fee futures trading of both cryptocurrencies and tokenized traditional financial instruments like stocks and commodities.

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Why Trade Crypto Futures on BTCC

To trade Crypto futures, you can choose BTCC crypto exchange.BTCC, a cryptocurrency exchange situated in Europe, was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. Over 11 years of providing crypto futures trading services. 0 security incidents. Market-leading liquidity.

Traders may opt to trade on BTCC for a variety of reasons

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BTCC FAQs

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Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.

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Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.

3.Can I Trade BTCC in the U.S?

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