Cloud mining

The cloud mining as a service is provided on specialized equipment- ASICs. The profitability of cloud mining is determined by the quantity of mined coins and their market price. Therefore, at the end of the contract or during the contract period, you will receive cryptocurrency payments or equivalent payments in Fiat on your wallet, proportional to the quantity of hashing power you lease.

In order to provideBitMakler.comusers information about the opportunities and profitability of cloud mining investments, we have developed a specialized mining monitoring. We regularly buy test contracts and conduct accounting of the costs&benefits;, which makes it possible to understand what websites are most profitable.

There are several types of cloud mining:

Dedicated server Mining (Lease dedicated server)

Placing or leasing equipment from specialized hosting websites. You pay for maintenance, internet access, electricity and cooling. Usually, the equipment can be rented directly from the host. The equipment is not ASIC. It's a powerful dedicated server for CPU mining. After rent, you need to download their software and configure it for a particular cryptocurrency.

Dedicated ASIC Mining (Placement of ASICs in racks)

The placement of leased or purchased equipment in data centers. In the end, the equipment you bought is located in the data center, and you only pay for the maintenance, electricity, etc. The con of this alternative is the high entry level in this type of investment

Leased Mining (Renting Hashing power from miners)

Lease mining rig for a certain period of time. Virtual platforms on which sellers and buyers meet and close deals. Sellers post their hashing power for sale at different prices. Customers are able to choose the mining rig they need for a good price. Typically, such websites allow you to set the pool for your hashing power. This kind of cloud mining has the most extensive customization features, a wide range of algorithms, hashing power, pools and working time. It requires knowledge of what, where and how to mine and you have to have experience with setting miner software.

Virtual Hosted Mining (Mining on virtual servers)

The user rents virtual machines in cloud services offered by Amazon, Microsoft, etc. and sets the mining software there. It's very similar to Hosted Mining, but you can get much more processing power though you need to know some specific settings.

Mining as a Service (Purchase of shares of equipment)

The provider offers redemption of the purchased and configured equipment in the form of shares denominated in GH/s or MH/s for a limited or unlimited period. A share is also called «Contract».

In essence, in this kind of cloud mining the company buys equipment and sells shares consisting of hashing power to its customers. The risks of investing in cloud mining are distributed between the owner of the equipment and his customers. There are companies that do not have their own equipment or do not disclose information about their equipment for commercial reasons. In such cases, the risks of not returning their investments are higher, but the profitability is usually also increased compared to other types of mining.

Investment (Management of your funds)

You get income from your funds which are further invested in the turnover. Usually, these type of websites do not disclose how they use your funds. You won't be able to find out what they mine and if they mine something. They advertize a certain percentage and regular payments and that's it. Since the number of such websites is constantly increasing and the audience needs reviews and feedback on them, we've added them to the general list. Investments in these websites are high-risk and usually the higher the expected return, the higher the risk of loss.

#	Service	Profitability	Description	Amount	Payments:	Status
1	Hashing24 Mining as a Service Added:26.05.2017 Languages:	155.67 %/year172 %/year	Selling hashpower for mining Bitcoin. The main supplier of hashrate is the company "BitFury". Withdrawal minimum: 0.001 BTC Payment methods: Visa/Mastercard, OkPay, Bitcoin, Wire Transfer.	242.41 $	12.4067$ 5.12% 18 days	Paying Recent activity: Note Date: 14 June 2021 14:11
2	HashNest S9 Mining as a Service Added:11.10.2015 Languages:	134.64 %/year	Lease mining rig for SHA256 mining. It is possible to buy equipment and install it in the data center of the company. Also there is the option of buying and selling hash power.	38.02 $	24.9656$ 65.66% 185 days	Paying Recent activity: Note Date: 14 June 2021 14:22
3	Genesis Mining LiteCoin Mining as a Service Added:31.01.2017 Languages:	127.84 %/year	Selling hashing power for LiteCoin cryptocurrency. The Scrypt contract has a duration of 2 years.	55.64 $	24.3581$ 43.78% 132 day	Paying Recent activity: Payment received Date: 07 June 2021 09:07
4	HASH-MINER Mining as a Service Added:23.12.2016 Languages:	86.65 %/year50 - 120 %/year	Renting graphic card hashpower. Mining Ethereum (ETH) / Zcash (ZEC). The purchase and sale of equipment shares is being carried out on DOLEVIK. Indefinite duration of the contract.	60 $	23.0648$ 38.44% 169 days	Paying Recent activity: Note Date: 13 June 2021 13:24
5	HashFlare Scrypt Mining as a Service Added:28.03.2015 Languages:	62.08 %/year	Lease mining rig for SHA256, Scrypt mining. The minimum withdrawal amount is 0.0004 BTC(including withdrawal fee). The withdrawal fee is 0.0003 BTC.	296.04 $	252.243$ 85.21% 665 days	Paying Recent activity: Note Date: 14 June 2021 14:12

6	KikoHash Mining as a Service Added:31.05.2016 Languages:	60.81 %/year	The webiste offers for rent GPU hash power.	101.7 $	62.8459$ 61.8% 379 days	Paying Recent activity: Note Date: 13 June 2021 13:37
7	CryptoMining Farm Mining as a Service Added:07.12.2015 Languages:	55.65 %/year	SHA256 mining rig for rent. The contract duration is 15 years. Price per 1000 GHs - $969. The guaranteed rate of return - $0.9 per day for the entire period of 15 years.	414.05 $	266.9532$ 64.47% 551 day	Paying Recent activity: Note Date: 13 June 2021 13:36
8	Bitmakler CmS AVG Cloud Added:15.06.2015 Languages:	46.13 %/year30-600 %/year	A special tool created to make cloud mining transactions and operations more convenient and reliable. The main goal is to reduce the risks for those who want to rent mining rigs and provide additional options for refund (withdrawing funds from cloud mining websites.)	85138.49 $	80954.6644$ 95.09% 730 days	Paying Recent activity: Payment received Date: 13 June 2021 11:10
9	KikoHash_GPU Mining as a Service Added:19.04.2017 Languages:	45.06 %/year70 - 180 %/year	The webiste offers for rent GPU hash power.	421.69 $	24.9758$ 5.92% 56 days	Paying Recent activity: Note Date: 13 June 2021 13:40
10	HashFlare SHA-256 Mining as a Service Added:28.03.2015 Languages:	43.39 %/year	Lease mining rig for SHA256, Scrypt mining. The minimum withdrawal amount is 0.0004 BTC(including withdrawal fee). The withdrawal fee is 0.0003 BTC.	476.33 $	531.6932$ 111.62% 665 days	Paying Recent activity: Note Date: 14 June 2021 14:14

11	HashFlare Dash Mining as a Service Added:29.04.2016 Languages:	38.08 %/year50-170 %/year	30.07 $	9.5061$ 31.61% 303 day	Paying Recent activity: Note Date: 14 June 2021 14:15
12	HashNest S7 Mining as a Service Added:11.10.2015 Languages:	35.8 %/year	Lease mining rig for SHA256 mining. It is possible to buy equipment and install it in the data center of the company. Also there is the option of buying and selling hash power.	33.77 $	23.7441$ 70.31% 612 days	Paying Recent activity: Note Date: 14 June 2021 14:19
13	CMSHP AVG Cloud Added:14.10.2015 Languages:	25.8 %/year30-1000 %/year	A tool allowing you to buy hashrate simultaneously from the group of the top most profitable cloud mining websites, with additional opportunities of refunding your investments (entry-exit these cloud mining websites).	311152.11 $	307639.6864$ 98.87% 609 days	Paying Recent activity: Payment received Date: 13 June 2021 11:09
14	HashFlare ZCash Mining as a Service Added:01.11.2016 Languages:	3.27 %/year	52.92 $	0.47$ 0.89% 224 day	Paying Recent activity: Note Date: 14 June 2021 14:16
15	BW B16 Mining as a Service Added:24.10.2015 Languages:	92.35 %/year45-90 %/year	Lease mining rig for SHA256. There is the opportunity to buy/sell hashrate. Each project is divided into two stages: 1. Collecting funds for buying equipment; 2. Purchase of hashrate.	21.71 $	19.4391$ 89.54% 362 day	Waiting payment Recent activity: Note Date: 14 June 2021 14:18

16	BW B12 Mining as a Service Added:24.10.2015 Languages:	105.52 %/year20-90 %/year	Lease mining rig for SHA256. There is the opportunity to buy/sell hashrate. Each project is divided into two stages: 1. Collecting funds for buying equipment; 2. Purchase of hashrate.	11.06 $	16.4554$ 148.78% 523 day	Waiting payment Recent activity: Note Date: 14 June 2021 14:17
17	BitcoinWare Dedicated Mining Added:23.11.2015 Languages:		Providing data center for your equipment. Electricity cost: 75$/kW per month.	-	-	No deposit
18	AsicSpace Dedicated Mining Added:21.08.2015 Languages:		Provides data center for your equipment. The price of installing your equipment is basically the electricity cost, which starts at $60/kW/month - up to $85 /kW/month.	-	-	No deposit
19	Bitminer3 Mining as a Service Added:25.07.2015 Languages:		Lease mining rig for SHA256. Minimum hashing power to buy: 1THs for 1 year. Total hashing power for SHA256: 1PHs.	-	-	No deposit
20	Bit-Miner Mining as a Service Added:26.01.2015 Languages:		Lease mining rig for SHA256 mining. Minimum hash power - 10 GH/s (sha256).The duration of the contract is unknown. 15% of income is deducted for maintenance.	-	-	No deposit

21	HashCoins Dedicated Mining Added:18.01.2015 Languages:		Provide data center for assembling HashCoins equipment. The period of the contract is 1 year. Maintenance and energy costs: 1TH/s - 1.4$. Upon completion of the contract period the equipment is sent to you.	-	-	No deposit
22	HashPlex Dedicated Mining Added:14.01.2015 Languages:		Provide data center for your equipment. The minimum duration of the contract is 1 year.	-	-	No deposit
23	Toomim Bros Bitcoin Dedicated Mining Added:13.01.2015 Languages:		Provide data center for your equipment. Preference for Spondoolies and Cointerra equipment.	-	-	No deposit
24	NiceHash Leased Mining Added:11.01.2015 Languages:		Lease network capacity for SHA3, SHA256, Scrypt, Scrypt-N, X11, X13, X15 and other algorithms. The lease duration depends on your capabilities and the price set for GHS/day. There is the possibility of setting a mining pool.	-	-	No deposit
25	MiningRigRentals Leased Mining Added:11.01.2015 Languages:		Lease network capacity for SHA3, SHA256, Scrypt, Scrypt-N, X11, X13, X15 and other algorithms. The duration of the lease is from 3 hours up to 2 months. There is the possibility of setting a mining pool.	-	-	No deposit
ARCHIVE: Not paying Stopped monitoring
How does the monitoring of cloud mining websites work? Latest transactions: How does the monitoring work: We select websites which lease hashing power, then we get a leasing deal for a minimum $10 contract and we track payments. All the activity performed by the Deposit Administrator: receiving payments, buying/selling hashing power is registered in the card of each cloud mining website in the latest news section and in here. All the transactions are carried out in USD using the BTC-E exchange rates, regardless of the currency in which the deposit was made or the payments were completed. This is done for unifying reporting processes and convenience. Updating information on received payments is done manually several times per week. Table field: *Тест* - what hashing power we leased/bought from the provider *Amount* - Cost USD (at the moment of the purchase) *Paid* - how much did the provider payed so far in USD and percentage of the total cost of the contract *Profitabillity* - prediction of annual accrual on the deposit. The calculation is based on received payments, not on advertised rates that can be found on the provider's website. Since the provider can advertize $10 payments, but actually will charge a percentage for electricity, a percentage for equipment wear and a percentage for transfer, you'll get, as a result, $6. That's why we're conducting our profitability prediction based on the fact of completed payments. The rate of return is calculated based on the cryptocurrency exchange rate at the time of the payment. The astrologers have refused to give details about the cryptocurrency exchange rates, difficulty and turning scam probability in the future. So for this reason, the profitability rate will change after each payment because the overall profitability of a contract cannot be foreseen in advance. Status description: No deposit - The website is temporarily or permanently out of our monitoring (read the comments in website description card) Paying - Regular payments, no problems occured Waiting payment - made a deposit/leased hashing power - waiting our first payment or the website has problems with payments. Not paying - SCAM or closed unexpectedly giving a refund. Warning: Cloud mining investments are associated with high risks, so any previous payments made by a cloud mining website or an investment fund do not guarantee that payments will be steady and regular in the future. Invest only what you can afford to lose.ь.