Posts Tagged ‘sha256 cloud mining

It seems that with the waking up of the crypto market after the long “crypto winter” the companies that survived are getting back on track and so is Genesis Mining. After recently starting with new DASH (X11) Cloud Mining Offers, they are now also opening up new contracts for Bitcoin (BTC) cloud mining as well. Now, cloud mining can be a tricky and risky business and over the years we’ve had a fair share of bad luck and bad decisions, so you should always be extra careful and do your math and set reasonable expectations. Genesis Mining is one of the largest could mining companies that we have worked with for a long time and unlike most others it managed to survive and adapt to the market changes over the years.

The company is currently offering two plans for Bitcoun could mining: Bitcoin Radiant Classic and Bitcoin Radiant Zero. The Classic one is with 1 year (12 Months) of guaranteed runtime even in cases where your daily mining reward falls below the Maintenance Fees and a fixed maintenance fee is deducted from all 1 year contracts for their full runtime with the current maintenance fees set at $0.099 USD per TH/s per day. The Zero plan is also with 1 year (12 Months) of guaranteed runtime, however there is no Maintenance Fee involved, you pay for everything upfront and thus the price is higher.

The Radiant Classic Gold plan is available for $65.99 for 2.5 THS, Radiant Classic Platinum offers 25 THS for $629.99 USD and the Radiant Classic Diamond plan is for 200 THS at a price of $4799 USD. The Radiant Zero Gold plan is for 1.5 THS at $94.99 USD, the Radiant Zero Platinum plan is for 20 THS at $1259.99 USD and the Radiant Zero Diamond plan i for 75 THS at $4724.99 USD. There is also an option for custom plan with different hashrate for each of the two variants for Bitcoin (SHA-256) cloud mining that the company offers. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to give their services a try.

Fore more details about the current Bitcoin (SHA256) Cloud mining offers from Genesis 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.

gigahash-cloud-mining-plans

The Bitcoin cloud mining service GigaHash has introduced a new cloud mining plan called GHASH3 introducing about 50 THS more worth of hashrate available for purchase. The price per GHS for the new Bitcoin cloud mining plan is 0.00217000 BTC or $0.52 USD which is a bit higher than previous GHASH2 plans (some hashrate is still available for these as well), but the daily maintenance fee is now lowered for the new plans to just $0.0007 USD per GHS per day. There is also apparently another new cloud mining plan to be available soon called PPC1 for Peercoin SHA256 cloud mining with the same rice parameters as the GHASH3 Bitcoin cloud mining plans.

For more information about the different cloud mining plans offered by GigaHash…


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