Cryptocurrencies such as Bitcoin and Ethereum are definitely expensive to buy. That is why there are people who spend time mining cryptocurrencies in different cloud mining sites.
Mining free cryptocurrency, especially Bitcoin, is absolutely great. Because you will earn without pulling a very large amount of money from your pocket. You can earn money with only a small amount of investment like $100 or $50 or lower than that. With this, I listed the top 5 best cloud mining sites that you can try in 2022. Happy mining!
1. Shamining
First on the list is this UK-based mining site called Shamining. Shamining was created last 2018 and even up to this date, it is considered one of the most user-friendly mining sites, especially for beginners. They are also considered the best in renewable energy mining since they use wind turbines and solar panels in their operation.
New users are encouraged to invest at least $100 before mining on this site. Take note that they offer a 37% bonus on your first transaction. Moreover, about 1.43 times is the return on investment (or if you invest $1000, $400 will be returned). A calculator was provided for users to estimate their potential earning. They also operate 24/7. Currently, they have three data centers found in London, California, and Cape Town.
2. Genesis Mining
Established in 2013, Genesis Mining is one of the largest providers of hash power for altcoins and bitcoins to this day. They are also known for their reputable record of giving bright and convenient solutions for their investors. In most cases, Genesis Mining is the top recommendation for beginners and professionals seeking opportunities through crypto mining.
With just a minimum of $16 investment, you can start mining on this site. However, they deduct daily maintenance fees from mined coins. Such mined coins can be easily withdrawn from Paypal, Mastercard, and debit cards. They also operate on a 24/7 basis. As of this writing, Genesis Mining has 10 servers located in the United Kingdom, Greenland, Iceland, Sweden, and Estonia.
3. IQ Cloud Mining
Since its launching in 2016, IQ Cloud Mining has proven that it takes the lead not just in crypto mining but also in being the best for forex, leverage crypto, and stock trading. Just like other crypto mining sites, IQ Cloud Mining allows you to mine not only Bitcoin but also Ethereum, Litecoin, Ripple, and other 150 altcoins.
The investment for this crypto mining site is slightly expensive for lower-middle wage earners. Because they require a minimum of at least $250 investment before proceeding to the mining process. However, they allow you to earn up to 180% in a year. They also offer a 35% discount on all of their mining contracts. Their data centers are currently based in different countries including China, Russia, Canada, Georgia, Iceland, and Algeria.
4. ECOS
Our fourth top crypto mining site on the list is ECOS. ECOS was founded in 2017 in Armenia. Since then, they have proven their credibility and the market which enables them to earn high positive ratings. ECOS is also the top recommendation for those index investors planning to venture into the world of crypto mining.
You can purchase a contract of ECOS at a minimum price of $149, with 12 to 50 months of validity. ECOS also offers a free one-month trial contract that new users can enjoy. Currently, they operate in the Free Economic Zone of Armenia.
5. ChickenFast
Last on our list is another beginner-friendly site called ChickenFast. This crypto-mining site was established in 2015 and since then, it has been one of the top choices of crypto miners because of its simplicity and convenience.
They offer five packages including Classic, Gold, Platinum, Boss, and Bronze. The price is also a bit expensive for lower-middle-class wage earners because the minimum is about $400. However, the profitable rate of all packages is 12%, allowing you to earn up to $50,000 in the long run. Lastly, ChickenFast promises you that there are no hidden fees, especially during payouts. As of this writing, they operate many data centers scattered across the globe including Hong Kong.
