No wonder cloud mining has become one of the main current crypto market trends! The advantages of this technology are obvious. It’s not necessary to invest in specialized hardware with the required hashing algorithm, find a location with cheap electricity for your crypto mining machines, and regularly fine-tune them. It’s enough to install a cloud mining app on your computer or mobile gadget and monitor the performance of your rig remotely through the provider’s website or app. There is no need to join a mining pool – it’s rather realistic to gain a substantial profit as an individual miner. In this article, we’ll recommend to you the most awesome apps for cloud mining.
Common Traits of the Apps That We Included in Our Rating
All the solutions that we’ll list have proved to be spot-on for efficient Bitcoin BTC and altcoin cloud mining. All of them share the following traits:
No risks involved. We hand-picked the most reputable and established providers. They have developed an exceptionally safe infrastructure and invest large funds in maintaining it.
No hidden fees or surprise surcharges. You’ll get to know in detail about your upcoming expenses before you purchase a contract.
Large user base. Thousands of customers can confirm that these apps are easy to use and can indeed let you earn money.
Strong team. Experienced professionals will be ready to consult you at any moment.
Suitable for beginners. You’ll be able to start mining through a cloud even if you have never done it before and entirely lack tech expertise.
Low entry threshold. Depending on the chosen provider and contract, you should be able to start mining in exchange for around one hundred USD. Whenever you wish, you’ll be able to purchase more computing power. It’s not mandatory to invest in a brand-new device. It’s enough to have the most basic computer, laptop, phone, or tablet – because you’ll use the gadget only to control the performance and not to mine.
Flexible plans. You’ll be able to pick a contract that best suits your budget and mining strategy.
Before buying a contract, you’ll be able to compare the available offers by a multitude of factors including the price, duration, projected asset price, and so on. So, let’s have a look at the apps!
This Bitcoin cloud mining company occupies the top position in our rating. Its target audience is both individuals and institutional miners. ECOS has been in the game since 2017 and is based in Armenia. It’s an optimal location for crypto mining for two reasons. The first one is the access to stable and cheap electricity. The second one is the systematic support from the government. Thanks to being headquartered in a free economic zone, ECOS is freed from various types of taxes. This drives down the price of its services for its customers and ensures stable development for many years ahead.
This provider operates over 20,000 mining devices. More than 550,000 customers from different countries resort to its services. The committed and experienced ECOS team is ready to take care of any aspect related to mining. They can set up the rig, adjust its functioning to the changing technological demands, guarantee its physical and digital security, and so on.
In 2024, ECOS boasts the Antminer S21 hardware. These machines can cut down your hosting expenses by 40% thanks to their energy efficiency. They can mine at 200 Th/s, which is around twice as much as the devices of the previous generations.
The payouts to cloud miners are made daily. To join this activity, it’s enough to invest only $99. Those who introduce the TryBeforeBuy promo code after registration will be able to try their hand at this business at no cost. If you have questions, the dedicated support crew will be ready to consult you round the clock, at any day of the week.
INC Crypto
Compared to ECOS, this provider acts on a slightly smaller scale. Its audience counts over 320,000 individuals. Nevertheless, the quality of services tends to be top-notch. The registration bonus is much more generous, compared to what most competitors offer – its sum amounts to $50. The payouts take place every day. The key competitive edge of INC Crypto consists in its adherence to renewable energy. It leverages the power of the wind and the sun to remain sustainable and drive down its customers’ expenses.
As for the shortcomings, it’s impossible to purchase a mining contract with fiat funds. To start mining crypto, be ready to buy crypto first to pay for your contract.
DeMi
This one stands out from the rest thanks to its tokenized approach to BTC mining. To join the process, it’s necessary to purchase the native DEMI token and stake it. For those who are new to the field, the verb “to stake” means to keep the tokens passively on your balance without spending them. The rewards for staking DEMI will be paid out to you in BTC every 24 hours. This provider operates over 300 ASICs and is incredibly beginner-friendly
However, it has two shortcomings. First, it fails to support any other assets than BTC. Second, it was launched in 2023, which might turn off those clients who prefer projects with a long history.
TEC Crypto
This one is renowned for its low entry threshold and robust security. To differentiate itself from others, it opts for environmentally friendly chips that minimize energy consumption. Its interface is intuitive and the payouts take place daily. Newcomers can receive a $50-worth bonus. Plus, there is a referral program, in terms of which the maximum reward rate is 5%.
On the flip side, the provider sometimes fails to cope with the demand. It might happen that there are no contracts available at the moment and you might have to wait.
Cloudminer
It’s one of the youngest members of our rating. While most others have been around since the late 2010s, this one hit the market in 2021. Despite its young age, Cloudminer has cemented its reputation as a credible provider of an extensive range of financial services. It strives to build a comprehensive ecosystem and cloud mining is one of its integral elements. The primary values of the ecosystem are compliance, transparency, and the employment of smart technological solutions. Payouts to cloud miners are made every 24 hours. Those who have just signed up can benefit from a $10-worth bonus.
GlobaleCrypto
The primary reasons to praise this provider are its user-friendly UX/UI and a high level of reliability. It enables you to not only mine but also trade crypto assets. The team behind GlobaleCrypto accentuates its compliance and responsibility. It stores the tokens in regulated physical wallets. The trading platform obeys the regulatory norms too. The customers can benefit from a variety of fintech services, including automatic trading. After you buy a cloud mining contract, you can get $7 as a bonus. The provider will credit your profit to you every 24 hours.
On the flip side, the system automatically creates a sub-account for each new user. Later on, you’d fail to delete this sub-account if you try to.
Binance
One of the largest crypto trading services launched a cloud mining platform as well. The Binance audience exceeds 90 million individuals from all corners of the globe. This company wisely leverages the appeal of its brand to lure crypto enthusiasts into cloud mining. The payouts are transferred to the participants every eight hours. There is a handy loyalty program that facilitates the process of acquiring more hashing power. Multi-device mining is possible.
Final Thoughts
Cloud mining is conquering the world. Thanks to this technology, you don’t have to invest in profitable Bitcoin mining hardware, which would involve substantial upfront expenses. The only thing you need to do is install an app or sign up for a website, purchase a contract, and monitor your performance through your user account. Dozens of providers offer such services. If you don’t want to spend time and effort comparing the offers, ECOS can be your safe bet. It’s one of the most trustworthy and technologically advanced brands in its niche. It offers contracts for any taste and its payout policy is highly transparent. Don't forget to to use your free trial mining.
