2 Highly Effective Cloud Mining Sites to Gain Steady Profits

Hi Welcome to Cryptocurrency Australia, today we will be discussing 2 cloud mining platforms. The reason for only two cloud mining websites in this article are because, we have tried them all with at least $100 USD down on each platform to test its service. What we have found is shocking, out of the few we tried, most of them are fake, scams, ponzi schemes and others are blocking transfer outs (since day one).

What is cloud mining?

Cloud Mining Contracts

Cloud Mining is the process of bitcoin mining utilizing a remote
data center with shared processing power. This type of mining allows
users to mine bitcoins or alternative cryptocurrencies without having to
manage their own hardware. One only needs a home computer for
communications, optional local bitcoin wallets.

Genesis Mining Platform, What is it and how does it work?

Genesis mining cloud contractsGenesis Mining is an online company which sells bitcoin & cryptocurrency mining contracts and is currently one of the largest cloud mining companies in the world. The company is active in the bitcoin community. Their services allow customers to purchase mining contracts, which allow them to mine Bitcoin and Altcoin through a cloud-based computer network. Their mining farms are based in Iceland, Canada and Bosnia due to the cheap electricity prices these countries provide along with the safety of storing the operations HQ.

 

All the client needs to do to get started is:

  • Sign up
  • Choose Bitcoin, Dash, Ethereum, Litecoin, Monero & Zcash Contracts
  • Make payment with either direct bank transfer, credit card or even with BTC

Advantages to clients:

  • #1 trusted cloud mining website and service in the world
  • Worldwide Service (Anybody in any country can use the service)
  • Over 200,000 active users
  • Client protection and security
  • 2FA enabled (2 Factor Authentication)

Join here: https://www.genesis-mining.com

 

Hashflare Mining Platform, What is it and how does it work?

 

 

hashflare cloud miningHashFlare Cloud mining offers a unique option for mining with a low cost of entry as well as minimal risk and expense, which is opposite to traditional models of mining that involve procurement, maintenance and configuration of highly specialized hardware.

One of the goals of HashFlare team is to make mining simple and affordable to everyone.

 

All the client needs to do to get started is:

  • Sign up
  • Choose SHA-256 or Scrypt contracts
  • Make payment with either direct bank transfer, credit card or even with BTC

Advantages to clients:

  • Affordable price
  • Low maintenance fees
  • All payments are made on time
  • ROI of 130% per year

Join here – https://hashflare.io/

 

So which one do I choose? Genesis Mining or Hashflare Mining?

Cloud mining contractsThe answer is not either of them, the actual answer is both, the reasoning behind this is as follows, they run out of stock pretty fast, meaning last year having 100,000 users, to this year having near 200-250,000 users, this means that mining contracts are selling rather fast, the best way to go about it is buying both, this will ensure you get an even spread, and sometimes one platform will outperform the other platform, this is natural and in order to minimize risk is one of them were to be shut down.

 

How do I sign up to cloud mining contracts?

Join here – https://hashflare.io/

Join here: https://www.genesis-mining.com

 

About Cryptocurrency Australia

Cryptocurrency Australia is a completely independent Australian publication which covers
cryptocurrency, the blockchain, decentralized applications, the internet
of finance and the next gen technology on the web. We offer the latest news, prices,
breakthroughs and analysis with emphasis on expert opinion and commentary from the digital currency community.

 


Important Links:

Coinspot: How to open an Australian Cryptocurrency Multi Wallet

Cryptocurrency Trading Course

Digital Currency & Tax Laws Australia