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Legitimate Cloud Mining




Cloud mining is a very shady beast. Unfortunately far too often people cut and run with investors/customers money and that's it, no recourse, nothing to do. This article will cover legitimate cloud mining, companies that I've personally done business with and a summary of their service. I won't be going into price comparison because in my opinion, you need to look through all the candidates before making any kind of purchase. You need to have the final decision on which company you trust the most.

Hashnest

Hashnest is my up-most trusted site. If you know bitcoin mining, you've heard of BITMAIN, a fantastically honest company that really strives to make great mining hardware. If you don't want to buy hardware and run it locally, you can purchase shares of their co-location units and start mining right away. Transactions are done on a P2P basis generally so the price of hashing power can vary a fair amount.

If you haven't already made an account, go head over, make an account to at least check it out, I think it will be worth your time.

Genisis Mining

These guys have been around for awhile, definitely worth checking out their information and pricing, all pricing is in a "lifetime contract". As with any contract please read through the specifics and make sure you truly agree to everything stated. If something seems off, don't do business with them, it's as simple as that. All purchasing is straight from the company,there is no marketplace like Hashnest in this one.

Bitcoin Cloud Mining Services


Unlike Genisis, this service allows you to buy custom amounts of hashrate. This has been around for quite a while as well, but just give their Company page a quick read, they have pictures of actual mining operations, and seem like a trustworthy bunch. As always read the fine print on user/customer agreements when making a purchase of any magnitude.
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