All About BTC, LTC, ETH mining as well as other alternative crypto currencies
With the user interest in Monero (XMR) peaking up in the last couple of months it is no wonder that we are now starting to see cloud mining services like Genesis Mining starting to offer cloud contracts for that crypto currency as well. The just announced Monero (XMR) cloud mining offers using the CryptoNight algorithm start at $33.99 USD for 30 H/s, then go for $999 USD for 900 H/s and $2899 USD for 2700 H/s as well as come with an option for any custom hashrate of course. The XMR cloud mining contracts are for 2 year period of time with all costs included in the price of the hahsrate, so no need to pay any extra maintenance fees or anything else for the duration of the mining contract. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase an Monero cloud mining contract from the company. As usual with cloud mining offers, do the math first and the decide should you take up an offer or not.
The cloud mining provider Geneis Mining has started offering Ethereum cloud mining contracts again after they were not available for a couple of months with the focus more on ZCash cloud mining with GPUs. The new mining contracts are available at a lower price and with an extended 2 Years period with no additional mining fees (everything is included in the price you pay for the hashrate). There is of course a clause in the contract saying that in case Ethereum switches to Proof of Stake (POS) before the contract period ends your hashrate will not disappear, but will instead be switched to the most profitable algorithm to mine at that point of time. Initially we expected to see Ethereum (ETH) switch to POS at some point this year, but this will most likely be delayed and no official date for the switch has been announced yet… and the interest and price of Ethereum has been going up lately once more.
You can currently get 1 MHS Ethereum cloud mining hashrate for $29.99 USD, 30 MHS for $869 USD of 100 MHS for $2799 USD as a preset packages or any custom hashrate in between with discounts for the more you purchase. The Ethereum cloud mining contracts are with a duration of 2 years and there is no maintenance fee, everything is included in the price you pay for the hashrate. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase an Ethereum cloud mining contract from the company.
Litecoin (LTC) is one of the oldest altcoins and it is still alive, although soon after the first wave of Scrypt ASIC miners appeared the interest and numbers of users mining the crypto has started diminising. You can say that LTC was in a bit of a slumber pretty much everywhere besides China at least until a few months ago when Innosilicon has finally released their A4 Dominator Scrypt ASIC miners. So the last few months things have started to move a bit once more and the development of Litecoin has also been a bit more active with SegWit support getting ready to be implemented as well.
The early Innosilicon A4 Dominator Scrypt ASIC miners apparently had some issues according to users that got the devices and they are still being offered, though with the upcoming Chinese new year there could be some delays if you purchase now. The A4 Dominator is supposedly offering 280 MHS hashrate with 1000W power usage and is available for a price of $1800 USD. You will need to get a power supply for the device separately as it is not included in the purchase price of the miner.
Interestingly enough with the increase of the interest in Litecoin (LTC) you can now again purchase Scrypt cloud mining hashrate for mining Litecoin from Genesis Mining. The cloud mining company has been offering Scrypt cloud mining contracts before, but stopped doing so quite some time ago and it now brings back the contracts again. One can easily assume that their new offers are most likely based on A4 Dominators and the pricing is pretty good as an alternative to purchasing the hardware yourself.
You can get 2 MHS Scrypt cloud mining hashrate for $28 USD, 50 MHS for $650 USD of 200 MHS for $2400 USD as a preset packages or any custom hashrate in between. The Scrypt cloud mining contracts are with a duration of 2 years and there is no maintenance fee, everything is included in the price you pay for the hashrate. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase a Scrypt cloud mining contract.