Over 2.7m Bitcoins to claim for free
Cryptocurrency mining can be done in one of two ways. The most popular way is Cloud Mining, this is where you pay a daily, monthly or annually fee for a designated amount of power consumption from a remote mining location usually based in a commercial mining warehouse.
The other option is to buy the kit your self for a one off fee these start at around $4000/£3200 for a reasonable miner. This is sometimes viewed as a preferable option as you own the mining rig and therefore can trust wholly that what you mine is yours.
Mining rigs use a significant amount of energy – bear this in mind before purchasing, make sure that the returns you get also account for the energy costs.
BEWARE – Many Cloud Mining contractors have been found to not pay their customers their dues because there is no way of seeing what has been mined. Follow our guide of recommendations to see which is the best Cloud Mining contract for you.
If you’re just looking to buy bitcoin and or other cryptocurrencies, be sure to check out our list of the best cryptocurrency exchanges, apps and platforms out here.
Small independent companies often come with a price tag. However, Easy Crypto Hunter has a great mining set-up which is perfect for beginner miners with it’s no set-up required, or as an additional rig for veteran miners looking for extra mining power.
Easy Crypto Hunter CEO, Josh, told us that 17 British Hydropower Association sites were now being used to power their own mining rigs and were seeing profits that are keeping them afloat and indeed rising above the clean clouds of our atmosphere.
The 2080 GPU’s are some of the most powerful on the market, and the integration with Easy Crypto Hunters patented motherboard is seamless – making it one of the most ruthlessly savage miners in the industry.
We love the guys at CCG Mining – they have by far the lowest maintenance fees on the market – at just $0.17 for 1TH/s per day – this makes it the deal of the industry.
The most cost effective option by far – from a company rising through the ranks at a fast pace.
We should note that Hashflare are due praise for stating that their contracts are out of stock – many Cloud Mining contractors will keep selling contracts which can mean customers are sharing the mining efforts to the degree at which the daily, monthly or annual fees out weigh the profits from mining.
Eobot’s basic website shouts this is a scam. We thought it looked suspect as well, but in fact the website is totally safe and run by professional Californian miners who wish to keep their anonymity due to US law. Don’t be dissuaded by the website, if it was dressed up a bit better we would have given it the 4/5 it deserves.