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5 Best Cloud Mining Sites for Newbie Miners in 2024

The recent approval of Bitcoin and Ethereum ETFs by the SEC has sparked a surge in interest in cryptocurrencies. Cloud mining offers an alternative way to participate in this exciting market and potentially generate passive income. Unlike traditional mining, which requires expensive equipment and technical knowledge, cloud mining allows you to rent processing power from an established platform. This guide explores 5 reputable cloud mining platforms, highlighting their features.

1 AST Mining

2 ECOS

3 Bitdeer

4 BeMine

5 Nicehash

1. AST Mining

Established in 2016, AST Mining has carved a niche as a prominent global platform for cryptocurrency cloud mining. They boast a vast customer base exceeding 970,000 individuals from over 150 countries. AST Mining prioritises performance, utilising a combination of cutting-edge ASIC miners and innovative energy solutions to deliver exceptional results. 

This industry leader stands out as one of the world’s leading hashrate providers. Hashrate refers to the processing power dedicated to mining cryptocurrency. AST Mining offers a diverse range of cloud mining plans that cater to a wide audience. Whether you’re a complete beginner, a curious home miner, or a large-scale investor, AST Mining has a plan that aligns with your needs. Their mission is clear: to simplify and expedite cryptocurrency cloud mining for everyone.

AST Mining leverages the latest technology to provide multi-algorithm, multi-currency cloud mining services. This means you can mine a variety of cryptocurrencies simultaneously, using different mining algorithms. Additionally, they eliminate the need for mining pools and maintenance fees, streamlining the process for users. Ultimately, AST Mining strives to make cryptocurrency mining an easy, intelligent, and rewarding experience for all participants. Their user-friendly platform allows you to mine popular cryptocurrencies like Bitcoin, Litecoin, and Dogecoin, among others.

Advantages of AST Mining

  • Sign up and get a $30 bonus instantly.
  • High profitability levels and daily payouts.
  • McAfee® and Cloudflare® Security Protection.
  • The company’s affiliate programme allows you to refer friends and earn up to $5,000 or 3% in referral bonuses.
  • There are no other services or administrative fees.
  • Backed by a 100% uptime guarantee and excellent 24/7 technical support.
  • Users can generate more than 6 other currencies like BTC, DOGE and LTC, using the platform.

AST Mining Contracts

Contract priceContract termsFixed returnDaily rate
$30 1 Days$30+$0.93%
$200 1 Days$200+$52.50%
$500 2 Days$500+$171.70%
$1,100 3 Days$1100+$61.051.85%
$3,000 5 Days$3000+$292.51.95%

Referral Programme

Beyond mining, AST Mining offers an enticing referral programme. For each user you introduce to the platform, you can earn a generous referral reward of up to 3%. This programme allows you to potentially generate additional income by simply sharing your experience with others.

For additional information on AST Mining, please visit their website at: astmining.com

2. ECOS

ECOS is a prominent cryptocurrency investment platform offering cloud mining services, simplifying Bitcoin mining for users. Users receive their initial rewards within 24 hours, with no technical expertise or expensive equipment required. Cloud mining contracts start at $149, with options to mine Bitcoin (BTC) and Ethereum (ETH). The company employs ASIC-based mining technology for maximum efficiency and provides a user-friendly app for managing cryptocurrency activities, including cloud mining, conveniently.

3. Bitdeer

Bitdeer offers cloud mining services for a range of cryptocurrencies, including Bitcoin, Dogecoin, Dash, Litecoin, Zcash, and Filecoin. Users can select from various cloud hash rate plans tailored to their needs. Leveraging ASIC-based mining technology, Bitdeer allows users to rent hashrate directly from popular ASICs for optimal mining efficiency. The platform features a user-friendly interface for managing mining activities, enabling users to monitor earnings and manage electricity fees effortlessly. With Bitdeer, users can initiate mining with ease, without requiring technical expertise or expensive equipment.

With 24/7 customer support, IQ Mining is a trusted cloud mining service provider with data centres located globally.

4. BeMine

BeMine offers cloud mining services for various cryptocurrencies, including Bitcoin, streamlining the mining process by connecting users with suitable machines for maximum profitability. Users can select from different ASIC models like Antminer S19 PRO and Antminer S19 XP, purchasing contracts lasting 48 months. Leveraging advanced algorithms and high-performance mining systems, BeMine ensures higher income compared to standard contracts. The platform features a user-friendly interface for managing mining activities, including earnings monitoring and electricity fee management. Additionally, BeMine offers a referral programme for users to earn extra income by inviting friends to join the platform.

5.Nicehash

NiceHash is a prominent cryptocurrency platform providing a unique marketplace for purchasing and selling hashing power. Differing from traditional cloud mining services, NiceHash directly connects buyers and sellers, enabling users to rent computing power for mining various cryptocurrencies like Bitcoin, Ethereum, and Monero. The platform supports diverse mining hardware, including GPUs and ASICs, and offers specialised mining software for optimised performance. NiceHash’s profit-switching algorithm automatically selects the most profitable coin to mine, ensuring maximum returns. With its user-friendly interface and flexible payment options, NiceHash simplifies cryptocurrency mining for users of all levels.