A major outfit backed by a big name in ASIC mining hardware.
Hashnest was launched in 2014 by Bitmain, which is a world-renowned manufacturer of ASIC mining hardware. Bitmain also operates one of the largest mining pools in existence: Antpool. Combined with the photos of a handful of data centers on the Hashnest website, this is persuasive proof that the company is legitimate.
While Bitmain is based primarily in China, Hashnest has mining farms around the world, which benefit from low cost electricity.
The website currently offers a Payout Accelerated Cloud Mining Contract or PACMiC for short. The PACMiC is a type of electronic contract structured in such a way that Bitmain pays the maintenance costs of mining rigs (such as electricity), and all the mining revenue will be used to pay back the owner of the PACMiC. When the principal is not fully paid back, it will share profit with buyers.
This loosely translates as 6.0TH/s of hash power in exchange for 1 BTC. Hashnest claims this results in rolling profit pay-outs for each block found with an annualized ROI of over 14%.
Alternatively you can purchase hash power directly from Antminer devices such as the S9 which has a rate of around 12,5TH/s. You then pay a fixed maintenance fee depending on the efficiency of the device – for instance, the fee for the S9 is currently $0.19/TH/day.
Contracts for the Antminer devices are currently sold out but you can still buy a PACMiC contract if you have the funds.
You’ve got plenty of cryptocurrency options with this provider
Hashflare is a subsidiary of Hashcoins, another manufacturer of Bitcoin mining equipment which has been around since 2013. Its website gives a detailed rundown of the firm’s data center including pictures.
Hashflare offers you the chance to purchase hashpower for a variety of SHA-256 and Scrypt coins such as Bitcoin and Litecoin as well as Ethereum and ZCash. You’re also free to choose your own mining pool.
Hashflare is open about its maintenance fees: they are $0.0035 for every 10 GH/s of SHA-256 coins and $0.005 for every 1 MH/s of Scrypt coins a day. Ethereum, ZCash and Dash contracts are not subject to any maintenance fees. Your total pay-out will depend on the mining pool you’ve chosen and how much hash power you’ve allocated to it.
At the time of writing, only Ethereum mining contract was available, all others were out of stock.
The Hashing24 team claims to have been involved in Bitcoin mining since 2012, although the website itself has only been around since 2016. The company appears to have no data centers of its own, rather, it has partnered with big name providers such as BitFury to lease hashpower to customers. Note that Hashing24 is mentioned on Bitfury’s website, which may reassure customers that the operation is real.
If you’re new to cloud mining, you can also use Hashing24’s demo mode to simulate a Bitcoin mining contract to see how much you might earn. This is a good way to help you understand some of the concepts behind cloud mining, but won’t necessarily let you project future profits, as mining difficulty and BTC price will vary over time (naturally).
After registering you can currently sign up for Bitcoin mining contracts only, with the contract being open-ended (lifetime). If these are sold out you can also try out Hashing24’s auction feature which allows you to bid on hashpower from existing customers.
Regardless of how you purchase your mining contract, Hashing24 charges a flat fee of $0.00033 per GH/s per day (although at the time of writing the fee was $0.00017 due to an offer). There’s also a one-time fee for purchasing hashing power with a particular host.
CCG Mining operating in the sector for many years.
The site is very reliable, the prices are quite affordable and the company, based in London, has a team of professionals that offers a range of services including cloud mining and hardware sales contracts for those who choose to undermine own.
Once you have entered the CCG Mining page, you can choose what to mine and what type of contract to sign, you can also select custom plans.
Affordable prices, the site accepts payments by credit card or Bitcoin and can mine BTC, BCH, ETH, ZCASH, LTC and Monero, we place it in 2nd place: the prices are really good compared to competitors.