At the start of January 2018, I started a new experiment and joined the world of Crypto Mining. Since I lack the technical knowledge to build my own mining farm, I decided to give Cloud Mining a chance.
Currently, I have the following 4 cloud mining contracts:
Cloud Mining Nr. 1: BTC ProMiner
I started with the free version, but quickly changed to the cheapest paid version as the free version felt like watching paint dry. So now I have V1.1 and I paid 0.01 BTC = roughly $ 150 at the time of deposit. The contract states that I will receive 0.0012 BTC per day, which equals roughly $20/day at current BTC market price of $17.000. This sounds like too good to be true ($20/day on an investment of $150), and often when it sounds too good to be true, then it is. Today, January 6, 2018, I reached the minimum amount required to withdraw and skeptical as I am, I wanted to see if it was possible to withdraw the minimum amount. And I can tell you, it was, as you can see from the print screen below.
And here’s the print screen from my BTC wallet, to show you that (for now) it is not a scam and I received the first payout. To be fair, I was skeptical, and I still am, but for now it seems legit.
Below an overview of the paid versions you can choose from. If you’re interested, then please use this link to sign up as it allows me to make some money on referral fees and it will not cost you any extra. Thank you in advance!
Conclusion: for now it seems legit and an added value to my portfolio. I will keep you updated about the progress.
Cloud Mining Nr. 2: E&E Mining
– I invested $500 and in return I received 2257 GHs (+100 bonus GHs for 30 days).
E&E Mining provides the opportunity to mine the following cryptos. As you can see, I currently use this account to mine Litecoin.
Based on my investment of $500, I get the following expected payout which equals a 15% return per month based on network complexity and price of LTC.
Cloud Mining Nr. 3: HashFlare
I invested $110 in HashFlare…..
……..and the expected pay out equals $15/month, mining ETH.
Cloud Mining Nr. 4: MinerGate
I invested 0.0074 BTC and in return I get 767 GHs (hash power).