Posts Tagged ‘cloud mining’

Special Discounts On Cloud Mining from Genesis Mining

16, Apr 2015

genesis-mining-special-promo-code

Genesis Mining has just announced that they are going to be giving away special discount codes for cloud mining contracts to users at the Inside Bitcoins NYC, State of Digital Money LA, and Inside Bitcoins Hong Kong conferences that they will be attending at. Since not everybody that might be interested will be able to join these events they are offering the same special discounts listed below to the first 100 people that use the following promotional code EasyMine33nfA2:

The following discounts will be valid for purchases made in the next 14 days:
– 7.77% off your first purchase
– 9.99% off your second purchase
– 11.11% off your third purchase

Act fast in order to be able to take the advantage of these special higher discounts using the promo code above, or visit one of the mentioned conferences to get a promo code with the same discounts. You can also take advantage of our special promotional code for purchases at Genesis Mining that is offering 5% discount for every purchase you make – CryptoMiningBlog5. This discount code is not going to expire and can be used for every purchase you make, so make sure you write it down if you are cloud mining at Genesis Mining or plan to do so in the future.

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

ZeusHash with New Mining Partner and Cloud Mining Contracts

15, Apr 2015

zeushash-halley-ghs-cloud-mining-contract

ZeusHash hasn’t been doing that well in term of their cloud mining offers on their way moving from a Scrypt ASIC manufacturer to a cloud mining service provider. They stopped offering LTC mining contracts with the downtrend of Litecoin and because of their use of aging and not so efficient in terms of performance and hashrate hardware (especially after cancelling their Volcano project) leaving some unhappy customers that might have invested in LTC cloud mining contracts. The service moved to offering only BTC cloud mining, but there they also had some issues with their initial mining hardware, apparently due to it also not being the most efficient resulting in smaller profits from mining due to high maintenance costs. Then some mining farm facility issues and moving between new “Batches” of mining hashrate with different not so attractive prices and slightly better maintenance fees.

Today ZeusHash has announced that they have partnered with HalleyChina, apparently one of the big players in the industry who owns a TOP 3 mining farm in China (and you probably have not heard about them), and as a result they are offering a new Bitcoin mining contract called Halley GHS. The prices for the new contract seem much more reasonable than their previously available Batch III hashrate priced at $0.889 USD per GHS and the maintenance fee is now further down, making the new Halley GHS finally an interesting offer from ZeusHash. For orders below 1 THS you can purchase at a price of $0.339 USD per GHS (around 0.00155 BTC per GHS with the current exchange rate) and if you purchase 1 THS or more you can get a price of $0.299 USD per GHS or around 0.00135 BTC per GHS or prices that are among the best for cloud mining hashrate at the moment. The maintenance fee is currently set at $0.0016 USD per GHS for the Halley GHS cloud mining contracts. What we hope however is that this partnership will not end up being bad for the users like some other Chinese cloud mining partnerships ended in the last few months.

– For more information about the new Halley GHS Cloud Mining Contracts on ZeusHash….

Where We Are Still Cloud Mining for Bitcoins

11, Apr 2015

cloud-mining-services

Over the past year and so we have seen many cloud mining services come with big promises and then go either turning out to be scams or failing due to some bad business planning etc. We’ve tested quite a few of these and lost some money on some, on some we’ve won even though they are no longer available, but there are still a few services that are still here, work fine and pay regularly to their users though we actually had some doubts about some of these.

One of the earliest large scale cloud mining operations, namely Cex has transitioned to an crypto currency exchange only and while it was operating as a cloud mining service the chance to actually perform well was to not only cloud mine, but trade your hashrate all of the time. This was true for many cloud mining operations that came with a built in market where users can sell hashrate, though this allows you to exit at any time by selling your hashrate. We did not like this concept that much as it takes a lot of your time to actually make profit and one of the goals of going the cloud mining way is exactly to save you the trouble of needing to spend a lot of time on the mining-related things.

Some Chinese ASIC manufacturers started promising cloud mining operations, but failed miserably or are going that road pretty fast. A recent example is the AMHash operation that had various issues pretty much from the start and is pretty much dead now. ZeusHash was another promising start with Litecoin cloud mining from a Scrypt ASIC manufacturer that has transitioned to a Bitcoin only and not very profitable at that cloud mining operation. Then there is Hashnest operated by BitMain that also had a fair share of issues and has been constantly changing what they are offering, making it harder for users.

We are not going to even mention various services that looked promising or not, but ended up being scams or services that were betting on the price of Bitcoin only going up or down for that matter and ended up disappearing because of that. So where are we currently cloud mining at and what is left as services that have been here long enough to be considered safer?

– Genesis Mining is one of the most serious entrants into the cloud mining world that we’ve been using for about 10 months already. The company is trying to be very open and transparent regarding its mining operations including hardware manufacturers partnerships to counter the mistrust caused by a lot of anonymous scams. Daily payouts, transparency, multiple ways to purchasing cloud mining hashrate.

– Bitcoin Cloud Services is a more anonymous cloud mining operation that we started using about the same time as Genesis Mining, though it is apparently a year old now and currently running an extended price promotion to celebrate their birthday. Have changed their initial offer, but are still here and pay out mined earnings on a daily basis, offer attractive pricing and anonymity is a plus for some people.

– ScryptCC left us with mixed feelings once we started using it back in February last year, looked promising and worked fine unless you had an issue and needed to deal with support. Well, they are still here and we are still mining with not that much hashrate, but the service is still paying out. There are some people complaining from issues with it apparently, so support could still be an issue, but unless you have to deal with it seems to be Ok. Still we would not advice to go with larger investment there.


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