8 Best Free Cryptocurrency Cloud Mining Sites in 2024 – Side Hustle to Earn Passive Income
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Cloud mining of cryptocurrencies such as Bitcoin, Litecoin, Dashcoin, and Dogecoin has become an increasingly popular method of generating passive income. The team of analysts compiled a shortlist of the top eight reliable and profitable cloud mining sites for bitcoin mining. The sites were selected based on several factors, including reliability, reputation and profitability and believe these cloud mining services will add more passive income for you.
2. ECOS (9.6 points)
3. Nicehash (9.4 points)
4. Genesis Mining (9.1 points)
5. IQ Mining (8.8 points)
6. BeMine (8.6 points)
7. Bitdeer (8.4 points)
8. Hashgains (8.1 points)
Investment in cloud mining has numerous advantages, making it a popular choice for those who hope to earn passive income.
One does not have to worry about expensive electricity costs or hardware maintenance, as these tasks are handled by the mining provider. One does not have to deal with the noise or heat generated by mining equipment.
1. ARKMining (9.9 points)
ARKMining is one of the leading cloud mining companies and your trusted partner. Since 2017, ARKMining has offered trusted cloud mining services in over 195 countries/regions.650000+ individuals from all around the globe currently earn cryptocurrency on ARKMining.As one of the best global providers, ARKMining tries to make users’ experience with cloud mining safe and comfortable.
Features:
- Sign up and get a $50 bonus instantly.
- High profitability levels and daily payouts.
- There are no other services or administrative fees.
- You can generate more than 6 other currencies using the platform.
- The company’s affiliate program allows you to refer friends and earn up to $2,000 in referral bonuses.
- McAfee® security protection. Cloudflare® Security Protection.
- Backed by a 100% uptime guarantee and 24/7 excellent technical support.
As the crypto market is booming, the value of mining equipment is increased and it can give users an extra margin on profit. The interface of the website is quite user-friendly. There are a bunch of plans available with low investments and no hidden charges. There are numerous crypto affiliate programs available through which customers can earn.
Packages:
| Contract price | Contract terms | Fixed return | Daily rate |
| $50 | 1 Days | $50+$1 | 2% |
| $200 | 1 Days | $200+$5 | 2.5% |
| $600 | 3 Days | $600+$29.70 | 1.65% |
| $1200 | 5 Days | $1200+$108.00 | 1.8% |
| $3600 | 6 Days | $3600+$410.40 | 1.9% |
For more information visit https://www.arkmining.com
2.ECOS (9.6 points)
ECOS is used by more than 100,000 users worldwide. Additionally, in 2017 the Armenian Free Economic Zone was created.
You can make the best decision by calculating mining yields using an accessible calculator. For ECOS, there are web and mobile applications.
Along with offering mining contracts and equipment, the company also provides bitcoin indices for investment. Additional indices include the NFT Index, Top 10 Index, Elon Musk Index, Defi Protocols Index, and Metaverse Index. A multi-currency cryptocurrency that enables users to store and exchange 247 different coins is also included in the smartphone app.
3. Nicehash (9.4 points)
A mining hosting & computing marketplace is called NiceHash. You can use it to connect your miners, deposit money, purchase mining packs to mine other cryptocurrencies, or offer hash rates to other users of the peer-to-peer network. Install the NiceHash program on your computer, decide the GPU you want to utilize, and then sell hash rates using the GPU’s hash rate.
4. Genesis Mining (9.1 points)
Genesis Mining created the first mine in Eastern Europe from Hong Kong. It currently serves customers from more than 200,000 different countries. They offer a wide selection of cryptocurrency mining options for various miner types, including rookies, family miners, and large investors.
5.IQ Mining (8.8 points)
A group of knowledgeable blockchain and IT experts with cryptocurrency experience runs IQ Mining. The business runs data centers in China, Algeria, Georgia, Canada, and Iceland. Trading in cryptocurrencies and options margin are combined.
6. BeMine (8.6 points)
The company supports mining hash rates as well as buying and selling digital currency. Customers can also receive guidance on utilizing and investing in cryptocurrencies. They can also offer advice on e-commerce and ICO projects, business registration, and other services.
You can even request that the company set up your mining equipment remotely while you wait for earnings that can be transferred to the wallet of your choice.
$61 one-time payment. Depositing and withdrawing fee is commission based on the amount of crypto Up to 0.05 BTC — 3%; from 0.01 to 0.05 — 5%; and under 0.01 — 7%.
7. Bitdeer (8.4 points)
Currently, cloud hosting services, multi-brand hash rate marketplaces, and cloud mining contracts are available through the well-known cryptocurrency platform Bitdeer. Customers from more than 200 nations can now purchase cloud contracts from Bitdeer, a well-known international supplier of digital assets. The company’s main goal is to establish strategic partnerships with the biggest mining firms and equipment manufacturers on the planet. The service provider manages data centers throughout a wide range of countries, including the US, Norway, and many others. Due to its better mining capabilities, Bitdeer promises a 100% uptime rate for its users.
For the time being, Bitdeer offers dependable self-run cloud mining options for both novice and expert cryptocurrency investors. The term of each sort of contract is 180 days. The chosen plan type has a significant impact on the hash rate and profitability. On Bitdeer, a 50 TH/s cloud mining investment costs a minimum of $542. You can read all relevant information on Bitdeer’s website pages or by contacting their customer care.
8.Hashgains (8.1 points)
The company runs its mining data centers using renewable energy. Both China and India possess mines. Mining will begin between 24 and 72 hours after payment has been confirmed. The money will be issued to your wallet once you’ve satisfied the fundamental mining conditions. However, the process is not automated at this time.
