Best Cloud Mining
Genesis Mining and Hashflare contracts are compared. The numbers represent how many days it takes to break-even from initial investment. The calculations were done 2017-10-01 and all numbers can be found in the PDF at the front page.
Best Cloud Mining Company
Allcloudminers has isolated a few parameters to determine the best cloud mining company. Of course, no company is best for all parameters. We have identified which cloud mining company is the best on each of the relevant parameter. The parameters we present are:
- Return on investment (ROI)
- Stable payouts over time (reliability)
- Transparency (communication to customers)
Best Cloud Mining ROI
The best cloud mining ROI changes all the time. We follow this topic continuously and update this in our blog. Our latest blog posts about cloud mining calculation are:
- Different cloud mining contracts, 2017-04-10
- Best Cloud Mining Contract 2017, 2017-04-03
- Compare Genesis Mining And Hashflare, Feb 26 2017
- New Cloud Mining Calculation, Jan 11 2017
Bitcoin Cloud Mining Calculator 2017, Jan 04 2017
- Cloud Mining Calculation Dec 2016, Dec 03 2016
- Genesis Mining Calculator Nov 2016 Nov 2016
- Bitcoin cloud mining calculator July 2016 August 17, 2016
Cloud Mining ROI
The cloud mining ROI is an obvious parameter when to compare and select the best cloud miner. The ROI can be hard to compare since you need to do it over a long time. In addition, it can change dramatically in short time periods because of the volatile markets. We have logged the payouts from all cloud miners presented on the main page. Of all these cloud miners Genesis Mining has performed best over 3 years. It´s hard to calculate an exact ROI since we have bought several contracts during the period. Some contracts have also run out of profitability. However, Genesis mining has told us their estimated yearly ROI is 15 % for their contracts. But if the Bitcoin price rises the ROI can be higher. The numbers well correlate with our contracts. Hashflare has worked hard to reduce their electricity fees and their contracts are now good as well. ViaBTC was the best Bitcoin cloud mining contract in our latest Bitcoin cloud mining calculation.
Cloud Mining Stable Payouts
We want to know how much the payouts could fluctuate and how stable the payouts are. We have seen that Genesis Mining´s payouts rely heavily on the Bitcoin price and the mining difficulty. However, we have not experienced the same fluctuations from BW cloud mining and HalleyBTC if you are looking for more stable payouts. They all have an alternative product which is more like an interest wallet or investment program. This product differs from the general cloud mining contract in that way that your investment is possible to withdraw. A simple explanation is that you take less risk and receive less ROI.
Cloud mining transparency
Cloud mining transparency is very important since this market is full of scams and Ponzi schemes. Also, many users like transparency and communication because it gives you information about what you have invested in. We would say Genesis Mining is the best operator in transparency and communication with the customers. They have a blog they continuously update with news, webinars and live videos from their mining farms. Also, Hashflare has improved their communication to their customers via social media and email.
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