4 Best Cloud Mining Sites

Are you looking for the best cloud mining sites? Are you unable to find them? Have you looked everywhere and are still confused? If the answer is yes to any of these question then we are here to help you. In this article, you will learn everything there’s to about crypto cloud mining sites…

It’s not easy to find cloud mining sites. What’s harder is to setup own cloud mining equipment and mine everything by own. If you’re someone who has troubles with setting own mining equipment then you should definitely look at cloud mining. Here we will cover everything that comes under cloud mining with the top mining sites…

What’s Cloud Mining anyways?

Cloud Mining is the process in which you are a part of the mining pool, here you purchase a part of the “Hash Power”. The profit is disturbed among people who take part in mining according to the proportion of given hash power. With these tools (or sites) you can mine crypto currencies without the need of installing any additional hardware.

There are tons of companies which are ready to do the hardwork for you. All you gotta do is pay some basic costs and the crypto currencies will be mined through these sites.

What’s the reason behind data centers renting out mining equipment?

The answer to this question is pretty straight forward. Most of these sites rely on Bitcoins however not the full model is dependent on Bitcoins. The reason is simple, the price of Bitcoin is pretty volatile. Do you know – the people who made the most money during the Gold Rush were not the miners but the people what sailing picks and shovels. This strategy is known as the Pick-And-Shovel play.

There are many benefits of using cloud mining sites. You won’t have many issues that’s you may face my traditional mining equipment. We will talk about the advantages and disadvantages which will make it clear for you…

Advantages of using cloud mining sites…

Let’s look at the advantages of the cloud mining sites –

  • You won’t have any stress of the upkeeping costs, electricity costs, hardware expenses and software installations.
  • You can quit anytime if the mining is not profitable.
  • There no need of any ventilation for the heat that’s generated..
  • You won’t be listening to the humming fans all day long. .
  • There is no need to wait for long time to start mining. You can start mining just after starting.
  • The main benefit – you don’t need to buy expensive equipments. If you want to mine seriously than the cost could go up to $1000 easily.

Disadvantages of using cloud mining sites…

Let’s look at the disadvantages of cloud mining sites –

  • Scams : There are only a few genuine sites where you can mine crypto currencies. Many fake sites are there just to scam newbies.
  • There are less long term profits.
  • You are at the mercy of the service provider. Whatever gear the company uses you have to use it – there’s no option of an upgrade.
  • The mining company can be closed anytime and there won’t be anything you will be able to do about it.

Best Cloud Mining Sites

Eobot

Eobot is known as the best cloud mining. It has a great reputation. Eobot many features that are missing from the competitors. Some of the features are – you can purchase fraction of the cloud instance, pay via Paypal for cryptocurrencies, and mine range of cryptocurrencies like Ripple, Ethereum, DogeCoin, etc.

The best thing about this platform state you can start small. You only need to invest about $10 to start mining. The mining updates are refreshed every 60 seconds. This way you can easily track how much you have made.

Genesis Mining

Next up on our list we have Genesis Mining. The best thing about this website – it has a simple user interface, which is easy to use. It is great if you want to start mining bitcoins, etc. It is often said to be the best cloud mining website on the internet.

Genesis mining is termed as one of the oldest mining tools, you can say they have a User experience in the industry. What makes them a great option is that they are the largest cloud mining company. They have huge experience behind them and can handle a huge volume of mining.

Hashflare

Ever since starting in 2014, Hashflare has earned a great reputation in the online mining industry. The best thing about this company is that you can get customisable mining pool selection i.e, you have the choice of selecting the mining pool according to your needs. It’s a feature that only a few selected companies give to their customers.

Apart from this, you also get transparency in fees and good commissions. Tracking how much money you have made is also pretty simple. The mining isn’t limited to bitcoins as you can also mine other cryptocurrencies like Ethereum, Ripple, ZCash, etc.

Hashing24

One of the most commonly used cryptocurrency platform is Hashing24. It is known for providing legal cloud mining services. It was started back in 2012, and got an upgrade in 2016. Hashing24 is based in united Kingdom, ukraine and Thailand. It provides IT services all around the world through the internet.

Hashing24 packs many powerful features – 100% uptime, powerful and efficient hardware, ,, data centres all around the world, etc. It’s one of the highly recommended crypto mining solutions. There are no fixed contracts and you can select the hashing power and the payment methods yourself.

Final Thoughts…

Ahoy folks, these were the best cloud mining sites that you can use for mining crypto currencies. All the sites are pay-to-use i.e, you will have to pay if you want to get the benefits. No company will be willing to give you free crypto currency unless that’s a scam. You should be away from sites that offer any cryptocurrency for free.

Also Read: Tips on Selecting the best web hosting

So, which one of the above cloud mining sites do you find the most useful? Have you ever mined crypto currency? If not, why? Let us know in the comments below…

10 Best Crypto Exchanges Which You Should Use For Trading!

Are you looking for the best crypto exchange but can’t find one? If you’re one of those who want to get into the fabulous world of crypto trading but are bamboozled by the many trading platforms then this article is for you. Here we will let you know about the very best cryptocurrency exchanges that you should know about…

But before that, what exactly are Crypto Exchanges?

In simple words – Cryptocurrency exchanges are trading platforms where you can buy or sell a cryptocurrency for a huge profit or a loss. (It’s up to you.) It’s like the stock market but instead of shares, you buy cryptocurrency. This all work is done digitally, there are more than 200 crypto exchanges listed as of now. 

Most of the newbies are afraid of crypto trading, it’s justified as there is regular news of crypto scams and all. There no denying that crypto scams happen and continue to happen but that doesn’t mean it’s all a scam. Many people and businesses have earned a fortune by doing crypto trading in a legit way. Now, there are many measures that these crypto exchanges use to ensure you aren’t robbed of your money. Most of the scams take place due to human error. 

We’ve made this list of crypto exchanges keeping in mind the following factors – ease of trading, safety, and security, privacy, etc. Here are the best ones…

10 Best Crypto Exchanges Right Now

Best Crypto Exchanges

Coinbase

Starting with Coinbase, it is a great all-rounder option if you are looking for the best crypto exchanges. It is a highly versatile trading platform that can be used for many things. Some of its uses include buying, selling, sending, and storing all types of cryptocurrencies. And the best thing is that all of these things can be done without security issues. All of your digital currency is stored in a vault. It is one of the few cryptocurrency trading platforms which is available globally. And you can use it on an Android or an iOS device using its smartphone app. 

Binance

When compared with others, Binance is among highly versatile cryptocurrency trading platforms. Because it supports more than 150 currencies, it is considered one of the best cryptocurrency exchanges. Even if you are using a different trading app, Binance can be integrated with it using its API. Since Binance is available on Android, iOS, PC, and Web, it can be used anywhere. Whether you are new to trading or experienced, its versatile user interface works for both. Due to all these features, every second Binance has more than 1,400,000 transactions. If you are confused, you can also use its 24/7 support feature.

Bittrex

Many users have had security concerns while trading cryptocurrencies. Although, that should not be an issue with Bittrex. It is one of the best crypto exchanges if you are looking for a secure one. This is due to the reason that it offers various security features. Despite having so many security measures, it has a very small one time charge. Once paid, you can enjoy quick crypto trading exchanges. This can be useful for easily trading the different currencies offered by Bittrex. Unfortunately, the user interface of this platform is not ideal for beginners.

Coinmama

In comparison with other options, Coinmama is a bit new in the market. Thus, it comes with all of the latest features making it one of the best cryptocurrency exchanges. Starting with its investment options, it allows you to use your debit card or credit card. Once you have paid, your cryptocurrencies will be delivered instantly to you. Those of you who are willingly going to create a new account will be glad to know that it has an easy layout. Once you have an account, you can buy different cryptocurrencies. This includes currencies like Ethereum, Bitcoin, Ripple, and various others.

Cryptohopper

Those of you who have a lot of cryptocurrencies should consider Cryptographer. It can automatically show your coins in a single place. Once transferred, you can easily use them for trading. Unlike you would expect, this app is fully surely secure. It even keeps your data protected while offering an easy to use user interface. One of the most unique features of this cryptocurrency heist is that you can create your own trading analysis projection remote. 

Kraken

Kraken can be another viable option if you want the best cryptocurrency exchanges which are also secure. Even though it has low fees, you still get so many security features. Other than security, Kraken is also quite cheap compared to others. Just like many other options, you can either use the mobile app or the computer version for trading. Unfortunately, the customer service offered with this cryptocurrency exchange is not as good as others.

Simplex

There are a lot of people out there who are looking for the best crypto exchanges which also have credit card payment option. In fact, it can work with both a debit card and a credit card as per your wish. For both of these cases, the app’s performance is quite good. All of its transactions are quite fast making it a more versatile best cryptocurrency.

BitFlyer

BitFlyeris another great option that is similar to Coinbase mentioned above. This is due to the reason that you get all the same functions. You can buy, sell, and even store cryptocurrencies as long as it is not available. If you are a mobile user, you will be glad to know that this app is available on Android and iOS. 

Cex.io

Cex.io is highly versatile and among the best cryptocurrency exchange. This is due to the reason that just like the previous ones, you get various features. Starting with its payment options, it even supports PayPal India and not just credit and debit cards. Some of the common and popular cryptocurrencies like Bitcoin Ethereum, XRP which are highly popular.

KuCoin

Coming to the last option, we have KuCoin. It can be a viable option if you are new to trading and want the best cryptocurrency exchange. This is due to the reason that it offers excellent customer support. You also get a user interface that is quite simple and easy to use. Thanks to all these security features, it can be used for selling, buying, and even storing your digital currencies with high safety.

Final Thoughts…

Ahoy folks, these were the best crypto exchanges that you can use for trading cryptocurrencies. There are lots of better ones but the best one we think is Coinbase – it’s been in the market for a long time and is the most trusted one. All you need to have is a debit or credit card and you can start trading and get in the crypto game. It’s a game that’s open to all.

Also Read: 10 Most Popular Cryptocurrencies

So, which one of these crypto exchanges do you like the most? Which one of these have you ever used? Are you into crypto trading? If not, what’s stopping you? Are you afraid of crypto trading? If yes, why? Let us know in the comments below…