Phenomenal Cryptocurrency Cloud Mining
The world is so rapidly evolving and the digital revolution is changing our lives and attitude towards managing our financial portfolios. About thirteen years ago, the Bitcoin hashrate was very low and mining virtual crypto was an easy walk in the park. With the extraordinary popularity of cryptocurrencies, particularly Bitcoin, solo mining with CPUs or GPUs turned out to be a tantalizingly difficult task and virtual currency miners switched their attention towards cloud mining crypto, where they rent hashing power with the aim of BTC mining in the cloud. Let us figure out what is cloud mining Bitcoins and how cloud mining service providers became the game changers in the mining industry.
It is logical to start with the definition of cloud crypto mining. So, cloud mining of cryptocurrencies is a novice scheme, which allows to mine a cryptocurrency or cryptocurrencies (be it Bitcoin, Ethereum, Litecoin, Zcash, etc.) using rented (or hosted, for instance) cloud computing capacities produced by a cryptocurrency mining company. The mining online provider runs and manages all mining hardware rigs in specialized premises with automatic immersion cooling systems (or sometimes it can be a symbiosis of air and immersion systems). Consequently, the managing company sells its hashing capacities to a third party (for instance, a BTC mining cloud service provider) and the latter acts as an intermediary between a cloud miner and the contractor. A cloud BTC miner can choose either of these three models of mining site services:
- Hosted;
- Leased;
- Pooled.
Hashing24 as One of the Leaders in Bitcoin Mining via the Cloud
Believe it or not, there exist hundreds of mining Bitcoin website services offering best-in-class and 300% profitable mining via the cloud to BTC miner online. Unfortunately, you should stay away from overly juicy propositions to make incredible profits with pompous crypto mining platform sites because the lion’s share of these marketing offers are scams. You should always check the reputation of the Bitcoins mining website before you buy any contract for cloud based mining. One peculiar BTC cloud mining website that is worth analyzing as one of the most reliable providers is Hashing24 (H24).
The Bitcoin cloud mining service provider H24 has been in the crypto mining industry for more than a decade or so and managed to attract the attention of millions of crypto addicts from all over the world due to its transparency and fair pricing. The site offers flexible and affordable contracts for mining Bitcoins with the following duration plans: 1 year, 1.5 years, 2 years and 3 years accordingly. The lowest hashrate capacity available for purchasing is only one TH per second while the maximum volume a person can buy is 1000 TH per second. The minimal price for a 1 year contract is only 40 US dollars (at the date of writing) and the platform user can use versatile payment methods to obtain the preferred hash power, ranging from conventional fiat currencies like USD, EUR, to BTC, altcoins, SEPA, SOFORT, Asian local banking, bank transfers, etc.
To H24’s credit, its major popularity was influenced by successful collaboration with private owned Bitcoin mining conglomerate Bitfury. However, with the force of time, H24 has managed to attract other players on the Bitcoin mining market and proved to be a trustworthy Bitcoin cloud mining service provider with simple and intuitive navigation, daily payouts (no delays) of mined profits and regular promo campaigns with discount on mining contracts.
Key Benefits of Mining Bitcoins with Reliable H24 Service Provider
The prime reason why crypto miners select H24 as the BTC mining provider is reliability. The firm highly values its reputation and improves its service on a regular basis. The website could even launch its branded Trading Room for easy management of Bitcoin mining contracts. Now platform users can feel the real power of the advanced trading engine and trade Bitcoin mining contracts as exchange orders. It is absolutely possible to dissect and unite hashing capacities and speculate on wild price swings that are so characteristic of cryptocurrencies. In its turn, it adds more liquidity and boosts the crypto market audience to get more involved in the BTC mining sector.
For those website visitors and platform users who remain skeptical with regard to cloud based BTC mining, the Hashing24 website offers absolutely free demonstrative mining followed by real mining market circumstances. It does not require any investments from the customers and allows to anticipate the future BTC mining earnings on the H24 platform. Apart from this, the site contains a nifty Bitcoin mining profitability utility to project future mining profits with cloud based mining. It is truly a one-stop point to mine BTC online and forget about unnecessary fuss involving expensive mining rigs, cooling and overheat problems, sky-high utility bills and other nagging issues.
