Posts Tagged ‘BTC cloud mining

cloud-mining-services

With the recent spike in Bitcoin exchange rate a lot of users started to look again with interest in various Bitcoin cloud mining options as well as for buying Bitcoin ASIC miners. The problem with SHA256 ASIC miners however is that there are not many options available for normal users and with the likes of AntMiner S7 for example you may actually have to wait for a whole month to get your hardware if you order now. So the cloud mining alternative where you get your hashrate immediately and it starts mining for you with the low maintenance fees due to the high exchange rate of a single BTC does seem like the better choice. You should be careful though as this may lead to more scams popping up, so do not trust new services without any history even if they seem very promising. We actually have not stopped cloud mining at all, but now with the high exchange rate of Bitcoin we do have plans to invest a bit more into services that have their prices for hashrate listed in USD and here is what services we are currently using…

Genesis Mining is the preferred Bitcoin cloud mining service in terms of transparency and reliability and we’ve been using it for more than a year already. The company is trying to run a transparent to its user operation, their teams frequently take part in crypto currency events and they have published information on their mining operations including their hardware suppliers. Their prices are in fixed in USD and you can purchase hashrate with various crypto currencies as well as bank cards and wire. We even have a special promotional code that you can use to get a 5% discount for Bitcoin cloud mining hashrate purchases – CryptoMiningBlog5.
Mining Sweden is a more recent entry in the Bitcoin cloud mining scene, starting as a smaller mining operation with plans to grow with the help of its users. The service offers Mining Shares that are only for cloud mining and VIP Shares that give you not only cloud mining hashrate, but percentage of the profits of the mining operation. Could be a good long term investment as things a working pretty well for the few months that we have been using their services. Here is an extra 10% discount code from the regular prices in USD that you can use, just enter ms10 during checkout.
GigaHash is another of the new smaller Bitcoin cloud mining farms that we’ve been using for a few months without trouble and they have been growing. This operation started as a private mining investment and after that offering cloud mining services to broader audience with their mining farm expanding all the time. They have recently announced another expansion and plans to offer some more Scrypt cloud mining hashrate as well as more Bitcoin mining hashrate in the form of fixed term contracts with all mining fees paid in advance.
HashFlare is another more recent service apparently operated by a bit controversial Bitcoin ASIC manufacturer. We were a bit skeptical and more cautious with this one, but so far a few months since we;ve started using them they are doing well and we’ve had no issues with them. If you want to try it out, here is a promo code for 10% off for purchases over 200 GHS – HF15HLLWN10. This discount code was issued for Halloween, but it still seems to be valid, so you might want to act fast while you can take advantage from it, and another one for 20% off for over 1000 GHS purchases HF15HLLWN20 from the Halloween promo apparently still valid as well.

There are some other services that we have some Bitcoin cloud mining hashrate in such as ZeusHash that had some issues recently and we would not advice to go there or Eobot that we just tested and not found as a great place to invest in cloud mining. It seems however that the new trend is to invest in operations that are backed by Bitcoin mining hardware, but that instead give you interest on BTC that you deposit. One of the latest such offers is the HalleyBTC service powered by Halley China’s Bitcoin minign farms, but there is also Bitmain’s Hashnest PACMiC contracts or HaoBTC etc.

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Genesis Mining just noted that the X11 hashing power they’ve had available is completely sold out due to unforeseen high demand and that they are working on expanding capacities. The X11 cloud mining hashrate that was available for sale was entirely supplied by GPUs, so they will need to upgrade adding more video cards before new hashrate is available and they will due to the apparently high demand for such hashrate. Meanwhile if you are interested they still have plenty of SHA256 hashrate available for sale, so you can still check what the cloud mining service provide has in stock for you.

You can get more information about the cloud mining services offered by Genesis Mining here…

genesis-mining-x11-cloud-mining-prices

The cloud mining company Genesis Mining has just added X11 algorithm cloud mining plans, something that we’ve been waiting for eagerly to happen. No, there are still no ASICs available for X11 mining, what they are using are GPUs for the mining and you can purchase X11 cloud mining hashrate for $24 USD per MHS for 1 year contract with no maintenance fee! Yes, you heard it right, there are no maintenance fees for the X11 cloud mining hashrate – all you have to do is pay the price per MHS and you get all of the mined coins as profit for the next year. Going for 20 MHS worth of X11 cloud mining hashrate you will have to pay $420 USD ($21 USD per MHS) and if you go for 100 MHS X11 hashrate the price is $1900 USD or as low as $19 USD per MHS. Of course you can purchase any hashrate in between these preset options for contracts with the bigger ones offering a nice discount, but there are more good news available to current and new customers of the service.

genesis-mining-gpu-farm-marco-streng

Purchasing X11 cloud mining hashrate from Genesis Mining will allow you to mine Dash (the former DarkCoin), Startcoin or to mine the most profitable of these two and automatically convert to Bitcoin (BTC) with more X11 coins to be available soon as well. Furthermore there is a loyalty program giving 5% discount off the regular prices mentioned above on X11 cloud hashrate for everybody that purchased hashpower from the company in the past. If you are a new user and use our special discount code you will get 3% discount off the regular price for the new X11 cloud mining contracts, so you can get a better deal for the price per MHS as well – all you have to do is to enter the promo code CryptoMiningBlog5 during checkout for the extra discount. So you can really get a great deal on the prices of the X11 cloud mining hashrate, we are off to purchasing some X11 hashrate and trying things out.

You can get more information about the new X11 cloud mining services by Genesis Mining here…


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