Mining of cryptocurrencies has become one of the most lucrative ventures in this decade. In 2023, mining crypto is still profitable but not as highly rewarding as when the mining difficulty was very low. Bitcoin mining involves using customized mining rigs with high computing power to solve cryptographic problems, which, in turn, earns the miner a reward. Due to the high cost of the mining setup and electricity, many people prefer to get into mining through cloud mining.
Cloud mining is a service that allows users to mine crypto without any equipment. Through purchasing mining power for data centres, users can participate in the mining process remotely. Furthermore, the rewards obtained from the mining process are split among all users depending on their hash power. Moreover, this method of crypto mining, you don’t need any special knowledge or equipment to start earning money through mining.
Top crypto analysts have curated a list of the best, top-rated cloud mining platforms in the industry right now. Here are the top 10 legitimate and reliable crypto-mining platforms:
(9.8 points)
F2Hash is a licensed and regulated company based in Nicosia, Cyprus. They are a top cloud mining platform founded in 2021, but its operations began in early 2022. They offer world-class crypto mining services through high hash-power contracts that are very profitable. The company heavily relies on renewable energies (solar/wind) to power their facilities located in Brazil. The increased hash power is provided by thousands of Bitcoin mining devices (ASICs) such as Antminer and AvalonMiners. A comprehensive examination of F2Hash’s addresses over an extended period reveals that the company fulfils its user payments consistently.
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Starting Price: 0$
(9.6 Points)
ECOS is a crypto mining company established in 2017 in the eponymous Free Economic Zone (FEZ) in Hrazdan, Armenia. They boast over 100,000 active users and offer different mining contracts. They also provide cryptocurrency indexes for investment, such as The NFT Index, Top 10 Index, Elon Musk Index, Defi Protocols Index, and Metaverse Index.
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Starting Price: 100$
(8.8 points)
NiceHash is a mining company that works by connecting users in a way they can share their hash power. Employ the NiceHash software on your personal device, opt for the desired GPU, and unleash its hashing prowess to link up your mining operations, fund your account, acquire diverse mining packs for alternative cryptocurrencies, or provide peer-to-peer network participants with hash rate contributions.
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Starting Price: 0.034 BTC
(8.5 points)
StormGain takes care of all the conventional responsibilities of BTC mining hardware. Through the platform’s user interface, you can effortlessly track the ascent and descent of assets while also benefiting from its powerful graphing tools for monitoring price trends. Established in 2019, StormGain boasts multilingual support and a user-friendly registration process. One of its standout features is its advanced anti-fraud engine. Moreover, mining rewards are distributed equitably every 30 to 40 minutes.
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Starting Price: 150$
(8.4 points)
Bitdeer, an esteemed global provider of digital assets, opened its doors to customers from over 200 nations, allowing them to acquire cloud contracts. With a core objective of forging strategic alliances with prominent mining companies and equipment manufacturers worldwide, Bitdeer strives for unparalleled excellence. Beyond its presence in various countries, this service provider boasts cutting-edge data centres in both the US and Norway.
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Starting Price: $542
(8.3 points)
At BeMine, allow users to engage in the buying and selling of digital currency and trade mining hash rates. Not only that, but customers also have access to valuable guidance on cryptocurrency investments and utilization. Furthermore, BeMine offers consultation services covering e-commerce, ICO ventures, business registration, and more. While you eagerly anticipate the arrival of earnings into your designated wallet, you can even request remote assistance from the company to establish and configure your mining equipment.
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Starting Price: 61$
(8.1 points)
Binance, renowned as a leading global cryptocurrency exchange, provides users with diverse trading tools and services. Among its innovative offerings, Binance Cloud Mining stands out, allowing individuals to engage in Bitcoin and other currency mining without purchasing or managing their own mining equipment.
ScryptCube caters to users seeking to harness the power of Bitcoin mining through various means, such as managing their own equipment or seeking cost-effective solutions.
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Starting Price: $4.9 per 100 GH/s for one year.
(8.0 points)
Hashnest was established in 2013 in China by Bit Main Technologies, co-founded by Wu Jihan and other investors. In the following year, in 2014, the company expanded its operations by acquiring Snowball.io, a notable cloud mining platform. It’s important to highlight that Bitmain holds a prominent position as a leading producer of Bitcoin mining equipment within the industry.
Through Hashnest, users can engage in mining various cryptocurrencies such as Dash, Zcash, Litecoin, and Bitcoin. Additionally, The website proudly declares a global user base of over 400,000 individuals, showcasing the widespread reach of the platform.
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Pricing: Not available
(8.0 points)
Hashgains Corporation operates its mining data centres using sustainable and renewable energy sources. They have mining operations in both China and India. Once your payment is verified, mining will commence within 24 to 72 hours. After meeting the necessary mining criteria, the payment will be transferred to your wallet. However, it’s important to note that the current process is not yet automated.
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Starting Price: 125$
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