10 BEST Bitcoin Cloud Mining Sites In 2023
Cloud mining lets you mine Bitcoins and other cryptocurrencies over the Internet through mining contracts signed with cloud mining companies and without any mining equipment. Therefore, you buy no mining equipment and thus have none to manage or do complicated setups on. Sometimes that is very difficult for beginner miners.
How it works is through cloud mining sites or companies having hosted mining equipment and servers of their own, so what you rent is mining hash rates or power and they mine for you for profit.
While most cloud mining sites are a scam, there are many that work, gauged on the profitability, fair pricing, and actual payouts on their contracts – as long as you can purchase profitable hash rates with them. This tutorial will help you select the best cloud mining sites that work.
List Of Top Bitcoin Cloud Mining Sites
Here is the list of remarkable cloud mining companies:
- Pionex
- ECOS
- Genesis Mining
- ScryptCube
- Hashnest
- Bit Deer
- IQ Cloud Mining
- BeMine
- GMINERS
- Pionex
1. Pionex
Pionex is not a cloud mining site but a crypto trading platform that also supports 12 bots that you can use to leverage or margin trade crypto. These bots can also be used to trade crypto spot futures. Therefore, if you have been using cloud mining sites to generate Bitcoins or other cryptos, you can send them to Pionex wallet for auto trading.
Pionex would be a favorite cryptocurrency exchange for those who want to swap their crypto automatically. It works great for trading with USDT and USDC stable coins as well as USD. In addition to supporting direct deposits with credit cards – which take a day to complete – you can buy them on the Android and iOS Pionex Lite app.
- Grid trading bot
- Leverage trading bot
- Spot futures arbitrage bot
- Spot trading bot
- Arbitrage trading bot
2. ECOS
ECOS is the only legit cloud mining company. It was established in 2017 in Armenia in the Free Economic Zone. ECOS has more than 100 000 users from all over the world.
You can easily use a convenient mining calculator to estimate mining returns and choose the best option for you. ECOS is available on both web versions and mobile apps.
In addition to the mining contracts and equipment hosting, the company offers crypto indexes in which people can invest. These include the NFT Index, Elon Musk Index, Top 10 Index, DeFi Protocols Index, Metaverse Index, and many others. The mobile app also offers a multi-currency crypto wallet for storing and exchanging 247 cryptocurrencies.
Features:
Daily payments
- Customized contract purchasing – you can customize your contract in terms of duration, hash rate amount, and profit using a simple slider on the website.
- Android and iOS apps to manage your mining contracts and other crypto assets.
- The very low minimum withdrawal from the wallet is 0,001 BTC.
- 180 days warranty of their equipment for the equipment and hosting service. Gadgets can mine for 5 years.
- Free trial mining contract for 1 month to test the platform.
3. Genesis Mining
Features:
- 100% uptime guarantee to ensure their clients do not lose time in mining once they buy contracts.
- 24/7 customer service.
- The Genesis Mining Advanced Auto-Allocation from the user dashboard allows a user to allocate their hash power as wished to mine multiple coins.
- Payment and withdrawal are done via crypto wallets, MasterCard, PayPal, Wire, and debit cards.
- Mining outputs are generated daily but the payout is ready to withdraw on reaching a minimum that depends on the crypto being mined. For instance, BTC is 0.0015 BTC.
- Daily maintenance fees are deducted from the mining outputs or earned coins. For Bitcoin Radiant Classic, which is USD 0.03 per TH/s, and the Radiant Zero package, the amount is zero.
4. ScryptCube
Features:
- Telegram chat support. There is also an online mining calculator to determine if the hash rate package you want to buy is profitable and how much it can generate.
- No maintenance fees. Packages can be bought via BTC, Visa, and MasterCard methods.
- Daily accruals mean you receive daily mining earnings on your account. You can check them in real-time on the account.
- Immediate withdrawals from day one of mining.
- Referral payments — 3% of the price of every completed purchase made by your referrals.
- Get real-time stats on mining activity.
5. Hashnest
Features:
- Smartphone app to help manage mining investments on these Bitcoin cloud mining sites.
- Ability to buy and sell Bitcoin cloud mining contracts on an open market with other users. This is easy to do from the user’s account panel.
- Daily-earnings are deposited on the user account.
- Only BTC is an accepted payment method.
- Customer support, two-step verification process upon registration, and minimum investment is needed.
- Redeem hash rate for mining hardware.
- Use PACMiC (Payout Accelerate Cloud Mining Contract) to pay no costs at all.
6. Bit Deer
Features:
- In addition to the cloud Bitcoin mining hash rate buying service, it also offers cloud hosting of miners. It also sells the Antbox mining farm that can occupy about 20 square meters and host up to 180 Antiminer s19 units.
- Hash rate market lets people buy and sell hash rates with each other.
- Customized mining solutions for professional investors.
- Android and iOS app for managing earnings and mining activity, getting support, and other things.
7. IQ Cloud Mining
Features:
- Also supports leveraged trading of crypto assets and forex derivatives on a 1:3 to 1:100 leverage ratio. Also supports options trading.
- Copy trading of experts on the trading platform.
- Contracts pledging
- You can opt for a fixed payment in USDT on a USDT mining contract.
- Pro contract comes with 20% interest per year.
- Daily payouts.
- Auto reinvests with income booster and earn up to 180% a year. 24/7 live support
8. BeMine
Features:
- You can test the service through 3 days of gifted Antminer S19 mining if in doubt.
- Unlike other cloud mining companies, it offers 7% on referral purchases.
- The cryptocurrency cloud mining has an inbuilt cryptocurrency exchange.
- You can also send over your ASIC mining equipment to the company and it will be hosted for you in their data center.
- 4 data centers with a total capacity of 70 mW/h.
- The cost of electricity is $0.054 kW/h and payment is done automatically from your account.
- Depositing via VISA and MasterCard, PM USD, Bitcoin, and altcoins.
9. GMiners
- Start: 143% (90 000 GH/s)
- Professional: 149% (450 000 GH/s)
- Smart: 156% (2 000 000 GH/s)
- VIP: 170+% (with unlimited power)
10. Shamining
Features:
- Like other cloud mining companies, it has instant payouts available 24/7.
- With an average income multiplier, you can multiply earnings on investments by 1.43 times.
- Like most cloud mining companies on the list, there is a calculator with which you can estimate your earnings before investing in renting cloud mining equipment.