The Latest Prices for Bitcoin and Litecoin Cloud Mining Services

18 Nov
2014

cloud-mining-services

It is time to again do a quick check on what the latest prices for cloud mining hashrate are at the various Bitcoin and Litecoin cloud mining services that we are using and testing to get an overview on where the deals are the best. Do note that we are not listing all services as some are really pointless to list due to the way too high prices for hashrate (Cloud Hashing) or ones that actually do not want to sell you hashrate (KNC Cloud), even if their prices may seem attractive. We are listing services that have been available for a while already, so the chances that any of these may turn out to be a scam are lower, but be aware that there is always a risk for this. So our advice when investing in a cloud mining service is to not do it in just one, but instead spread to multiple services and never to spend more than you can afford to loose.

Bitcoin cloud mining services:
Bitcoin Cloud Services – 0.0014 BTC per GHS, 5 years, no pool fee, no maintenance fee, automatic daily payouts
Genesis Mining – 0.0021 BTC per GHS (0.001995 BTC – extra 5% off with promo code CryptoMiningBlog5), unlimited contract, $0.002 USD per 1 GHS daily maintenance fee, automatic daily payout
PBMining – 0.0014 BTC per GHS, 5 years, no pool fee, no maintenance fee, automatic weekly payout
Hashie – 0.0012 BTC per GHS, unlimited contract, $0.00163 USD per 1 GHS daily fee, manual payout, has an exchange to trade hashrate
Hashnest – 0.001125 BTC per GHS, unlimited contract, $0.0022896 USD per GHS per day, manual payout
GAW Miners – 0.001847 BTC per GHS, unlimited contract, $0.002 USD per 1 GHS daily maintenance fee, option to sell hashrate, manual payouts
ZeusHash – 0.002357 BTC per GHS, unlimited contract, $0.0023 USD per 1 GHS daily fee, manual payout
CEX.io – 0.001898 BTC per GHS, unlimited contract, $0.0035 USD per 1 GHS daily fee, manual payout, has an exchange to trade hashrate

Litecoin cloud mining services:
Genesis Mining – 0.04771 BTC per MHS (0.045325 BTC – extra 5% off with promo code CryptoMiningBlog5), unlimited contract, $0.05 USD per MHS daily fee, can choose payment in altcoins, automatic daily payout
ZeusHash – 0.04239 BTC per MHS, unlimited contract, $0.058 USD per 1 MHS daily fee, manual payout
Scrypt.cc – 0.04936 BTC per MHS, unlimited contract, no extra fees, has an exchange to trade hashrate
Chabat Mining – 0.02278 BTC per MHS, 1 year contract, no extra fees
GAW Miners – 0.01847 BTC per MHS, unlimited contract, $0.08 USD per MHS daily fee, option to sell hashrate, manual payouts

It seems that Hashnest has significantly lowered their maintenance fee, but that is not helping them much in selling the rest of their Bitcoin cloud hashrate with the last 0.5 PHS seeming hard to sell after the service had some trouble with the reporting and/or functionality (still has?) of the mining hashrate provided by their partner UMISOO. The maintenance fee of the cheapest GAW Miners Hashlet (the MultiHashlet) is very close to what is the expected daily mined coins when converted to USD at the moment. Some of the services probably need to revise their hshrate prices with the increase of network difficulty in mind as it is harder to lower the maintenance fees without the upgrade to newer and better hardware.



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2 Responses to The Latest Prices for Bitcoin and Litecoin Cloud Mining Services

ealmadrones

November 19th, 2014 at 07:14

in the last few reviews that you have written on cloud mining i noticed that the company ZOOMHASH has not been mentioned? is there a reason why you would leave them out of this commentary intentionally?
i know there are problems with this company and they are cheating people out of their money and i think it would be a good thing to openly give honest opinions of this company also.

admin

November 19th, 2014 at 10:59

We have had no personal experience with their services and they seem to not offer cloud services anymore. We are not covering just about any service that offers cloud mining services, they are probably too many and we don’t know about all of them yet, but as we’ve said some are not included simply because their prices are unreasonably high for example to a point that there is no point investing there.

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