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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.

Clams (CLAM) alternative cryptocoin

24, May 2014

clams-logo

Clams (CLAM) are a form of digital value, or currency, that is transferred, created, and verified by the collective effort of the computers running the CLAMS software. Similar to Bitcoin, the original technology on top of which CLAMS was created, this network follows a rigorous protocol to ensure that consensus and verification is maintained. The CLAM Network is a peer-to-peer network of computers running the CLAMS software. To become a part of the CLAMS network, you need only to run the CLAMS software on your home computer. The purpose of this network is to independently and collaboratively verify the transfer and creation of CLAMS. The CLAMs network was created with the widest digital value distribution in history. CLAMS were sent to all active users of the 3 most popular digital currencies. If you had Bitcoin, Litecoin or Dogecoin on May 12, 2014 then you probably have CLAMs waiting for you. We like to call this Digging up old CLAMs!

Digging For CLAMs. The goal, from the very beginning of this project, was to create a cryptocurrency with the widest initial distribution. Ever. Conventional “air-drop” mechanics lend themselves to trust-based developer promises. We DON’T like trusting people. Giveaways are notoriously susceptible to cheating and bias those who happen to hear of them. We DON’T like tit-for-tat arrangements. Many intelligent people are aware that Bitcoin’s most valuable asset is the blockchain itself. The blockchain represents the combined efforts, commitment, and participation of the entire community. It is the revolution that sets cryptocurrency apart from other value systems. It is trust-less and wonderful. We DO like the trust-less blockchain. So! We took the BTC, LTC, and DOGE blockchains, found every address with a balance above dust, and sent each and every one of them a little over 4.6 CLAMS. It isn’t perfect, but it includes everyone.

Create CLAMs. The CLAM network is secured through a unique system called Proof-of-Working-Stake (POWS), or as we like to say, Digging for fresh CLAMs! Approximately once per minute, the network automatically selects one running unlocked client to process recent CLAM transactions, rewarding them 1 CLAM. This process happens entirely in the background. If the network selects your client, then all you’ll notice is that you’re 1 CLAM richer! This POWS system is the heart of the CLAM network, providing security and stabilizing the price over time.

Website:
– http://clamclient.com/

Block Explorer:
– http://khashier.com/chain/Clam

Wallet:
– Windows

Source Code:
– at GitHub

Mining Pools:
No mining pools available, the coin is now PoS only.

Coin Exchanges:
– Yobit
– Bittrex
– Bleutrade


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