5 Best Cloud Mining Sites You Must Know About

| Updated on March 27, 2024
 crypto mining 

The world is moving towards digitalization, and cryptocurrencies are becoming a legitimate investment for the future. And, the most talked about way to earn cryptocurrency is through cloud mining.

Cloud mining is a process in which one rents their computing data from a remote data center to mine cryptocurrencies. 

The cloud mining of Bitcoin, Ethereum, and other coins is one of the most profitable sources of passive income. Let’s figure out the choice of the most reliable and best cloud mining app for cloud communication, based on the opinion of our analysts. Our shortlist includes the following services:

  • ECOS
  • ChickenFast
  • TrustCloudMining
  • IDMoney
  • Genesis Mining

Notes

You must check out every platform thoroughly to choose a safe cryptocurrency exchange to secure your investments

ECOS 

ECOS is the first in our best cloud mining websites rating and the only cloud mining provider with legal status. The company has been operating on the market for about five years since 2017. ECOS data centers are located in the Free Economic Zone of Hrazdan, and electricity comes from the Hrazdan TPP on preferential terms. Throughout its existence, ECOS has helped more than 200,000 users from all over the world make money on mining. If you are new to the world of crypto, we would suggest you attend cryptocurrency conferences to build knowledge. 

In 2021, the company expanded its sphere of influence and created the first investment platform with all digital asset tools in one ecosystem. There are currently four products available on the platform:

  • Cloud mining;
  • Wallet;
  • Exchange;
  • Investment Portfolios.

ECOS Advantages:

  • ECOS is giving away a one-month free cloud mining contract for registering on the platform 
  • The cloud mining calculator on the site will help you estimate the approximate profitability of the selected contract
  • Daily payments and transaction history
  • You can withdraw funds from 0.001 BTC
  • Fully featured mobile app available for Android and iOS
  • Multilingual platform and caring support
  • Minimum investment amount: $150
  • Supported coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Tether, Litecoin, etc.
  • Fraud risk: Extremely low

ChickenFast

ChickenFast is one of the cloud mining pioneers that has been operating since 2015. The company was founded in Hong Kong but attracts customers from all over the world. ChickenFast aims to reduce electricity costs and create better mining conditions.

One of the company’s main advantages is a responsive 24/7 support system so that the mining process runs as smoothly as possible, and all issues are resolved quickly.

An unusual feature of the platform is the developed CHK&I algorithm. This algorithm allows you to mine cryptocurrency in real time and change computing power online. Plus, it has a crypto license that helps to secure your investments. 

Benefits of ChickenFast:

  • Patented mining algorithm CHK&I
  • Data centers use solar, wind, geothermal, and water energy.
  • 24/7 support
  • No hidden fees
  • Simple mining process
  • Yield Calculator
  • The minimum withdrawal amount is 0.0003 BTC.
  • Fraud risk: Extremely low

TrustCloudMining

TrustCloudMining is a cloud mining provider that works mainly for small crypto investors. The company has a very low entry barrier, and cloud mining is available through three algorithms: SHA256, Ethash, and Equihash. Clients choose the desired algorithm, and TrustCloudMining mines digital assets for them.

The company has been on the market for more than three years and has proven that it can be trusted. TrustCloudMining does not use video cards, as they believe that ASICs are much more efficient for mining cryptocurrencies.

Benefits of TrustCloudMining:

  • The minimum deposit is $250
  • Minimum withdrawal of 0.001 BTC
  • Mining is done with green energy
  • Live chat with support
  • Multiple coins to mine
  • Only ASICs are used for mining
  • Fraud Risk: Low

IDMoney 

It is a legitimate cloud mining company that was launched in the UK and has an audience from all over the world. It specializes in crypto mining equipment and has dedicated data centers in Brazil, Kazakhstan, and Windhoek. 

Benefits of IDMoney:

  • $5 Signup bonus 
  • No electricity charges or overhead charges 
  • Automatic daily payouts 
  • 24/7 online support from the customer server department 
  • Eco-friendly mining practices 
  • Many crypto plans and contracts to choose from
  • Affiliate program with 3% lifetime returns 

Genesis Mining 

Genesis Mining is a Hong Kong-based company, that has its roots in Eastern Europe’s mining industry. They offer many types of cryptocurrencies to choose from. It caters to all types of miners including beginner miners, family investors, and big investors. 

Benefits of Genesis Mining:

  • One can receive daily profits in their digital wallets.
  • It has a great customer support team.
  • No monthly subscription charges 
  • Cryptocurrencies, Visa, and Mastercard are the supported payment options. 
  • It has learning tools on its platform. 

So these are our top 5 picks among all the Cloud mining sites available in the market today. Well, there are many more great options, but the ones we have mentioned in this blog are what we have tried and tested personally for our investments. 

We hope you find this article insightful and don’t forget to share it with your friends too. 

Our Verdict

ECOS is the best cloud mining platform which we can highly recommend for everyone. It has all the instruments that you need for crypto investments. So if you found the best cloud mining, then it is.


John M. Flood

John is a crypto enthusiast, Fintech writer, and stock trader. His writings provide guides to perform your best in the crypto world and stock planet. He is a B-Tech graduate from Stanford University and also holds a certification in creative writing. John also has 5 years of experience in exploring and understanding better about the FinTech industry. Over time, he gained experience and expertise by implementing his customized strategies to play in the crypto market.

Related Posts
×