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Posts Tagged ‘pbmining

cloud-mining-services

It has been over a month since we’ve published a price comparison of the Bitcoin and Litecoin cloud mining services that we are using, testing or seem like a good option, as well as some that are probably not going to ever ROI for the term of their contract with the current difficulty and price, so that you can compare the different options better. Also it seems that there are still not that many easy to use Scrypt cloud mining services available and with the exchange rate of LTC going down it is getting interesting as it seems that most Scrypt ASIC hardware manufacturers are already moving to start providing cloud mining services as well.

Bitcoin cloud mining services:
Bitcoin Cloud Services – 0.0028 BTC per GHS, 5 years, no pool fee, no maintenance fee
PBMining – 0.0029 BTC per GHS, 5 years, no pool fee, no maintenance fee
CEX.io – 0.0036 BTC per GHS, indefinite, no pool fee, has maintenance fee
Hashop.io – 0.0069 BTC per GHS, 2 years, no pool fee, maintenance electricity fee
Cloud Hashing – 0.00875 BTC per GHS, 1 year contract, pool and maintenance fees
Cointerra Mining – 0.00876 BTC per GHS, 1 year contract, pool and maintenance fees

Litecoin cloud mining services:
Scrypt.cc – 0.11199 BTC per MHS, indefinite, no pool fee, no maintenance fee
Genesis Mining – 0.138 BTC per MHS (5% off with promo code CryptoMiningBlog5), 1 year, no pool fee, no maintenance fee

And a word of advice about Lunamine, it seems that the service has the lowest price per GHS, however in the last few days withdraw requests have not yet been processed and since this is still a very new service you should be careful should you decide to invest there! Also note that lately CEX has reached a lower and more attractive price with lowered maintenance fees and the other advantage is the exchange where you can trade your hashrate, ScryptCC also has an exchange where you cans ell your purchased hashrate, unlike with the other services. Cointerra and Cloud Hashing are still keeping higher prices that do not get updated with the increase of the BTC network difficulty, so they still do not seem that attractive with their expensive 1 year contracts compared to other services, even though with them you should not worry about possible scams.

bitcoin-current-network-difficulty

We have decided to do a quick roundup of the current Bitcoin cloud mining prices you can find with various service providers that we have tested or covered so far. We are not covering Scrypt cloud mining services this time as currently the Litecoin difficulty is high and price, along with the price of most other Scrypt crypto currencies is currently quite low, so it might not be the best moment to invest in Scrypt at the moment. While at the same time the Bitcoin price is quite nice at the current level, though the network difficulty has been steadily increasing as well. We have decided to have two categories, one for the typical cloud mining services an the other for the hashrate renting services as an alternative for short term investment in more hashrate. Do note however that renting hashrate or mining rigs to mine Bitcoins for you with Bitcoins might not be the wisest idea.

Typical BTC cloud mining services:
Bitcoin Cloud Services – 0.00290000 BTC per GHS, 5 years, no pool fee, no maintenance fee
PBMining – 0.00300143 BTC per GHS, 5 years, no pool fee, no maintenance fee
CEX.io – 0.00682705 BTC per GHS, indefinite, no pool fee, has maintenance fee
Cointerra Mining – 0.00775 BTC per GHS, 1 year contract, pool and maintenance fees
Hashop.io – 0.00844000 BTC per GHS, 2 years, no pool fee, maintenance electricity fee
Cloud Hashing – 0.0116375 BTC per GHS, 1 year contract, pool and maintenance fees

Hashrate renting mining services:
Nice Hash – 0.00002620 BTC per GHS per Day (current)
Mining Rig Rentals – 0.00003490 BTC per GHS per Day (current), cheapest 0.00003 BTC

pbmining-cloud-mining-service

We have started testing the PBMining Bitcoin cloud mining service about 4 months ago and it has been operating for about 5 months in total so far. We were a bit skeptical at first with the operations behind the service willing to stay more anonymous and with the fact that the service offers 5 year Bitcoin cloud mining contracts for a price that is really very attractive as compared to other services that sell you cloud mining hashrate for a period of just 1 year and for higher price. But now, a few months later we can say that we are really happy with the service and this is probably the only such service we have tried so far that hasn’t had any problems after using it for so long. Furthermore the service does continue to update their prices bringing them down with each difficulty readjustment, so if you buy hashrate over time such as reinvesting some of your mined earnings you will get it at a better price later on to compensate for the increase in difficulty.

Back in February, when we have started testing and using the service they’ve had just about 14.4 THS worth of hashrate to sell and at the moment their website shows that the total hashrate has increased up to about 829 THS. The price per 1 GHS of cloud mining hashrate back then was 0.0107 BTC and at the moment you can purchase it for 0.0036 BTC. So if you are looking for Bitcoin cloud mining service to try we can recommend to give this one a go, though as usual we do advice to start with just a few GHS to try it out and then decide if it seems trustworthy enough to invest in more hashrate. What could be improved from our point of view is the fact that the service does a weekly payout of your earnings, it would’ve been better if that was a daily instead of weekly one, especially if you have a lot of hashrate. Though weekly payments are still Ok for smaller hashrate contracts and we have never had a problem with the payments.

For more information and to try out the PB Mining Bitcoin cloud mining service…


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