Cloud mining is a system where people rent cryptocurrency mining power called hash power. They do not need any equipment to install or use.
Once someone has paid the required amount he/she earns every minute depending on the hash power purchased. Apart from trading, this is the main way in which people earn online.
This is one of the most profitable mining company. The only problem you face is the minimum amount to deposit. You should buy a mining contract worth $300. You pay for the package using bitcoins.
Mining city has a very good built in function. Each time when you earn your bitcoins, a certain percentage goes directly to your wallet, while another one goes towards reinvestment. So you automatically repurchase some shares which increases your earning capacity
However, if you have the minimum required I recommend this site because you earn more in a short space of time.
To register click on: Mining City
Other cloud mining sites
There are different reputable cryptocurrency mining sites. However, I only talk of those I deal with because I know that they are genuine and profitable.
Ecos mining, based in Armenia is thought to be the best cryptocurrency mining company in the world. It is equally safe since it is backed by the government of Armenia.
So, for you to start you pay the required money. You can pay in bitcoin, ETH, XRP or any other cryptocurrency. The amount you pay depends on the period you select and the hash power. The cheapest package costs $49 per three months.
Your earnings go directly into your account wallet and you are free to withdraw it any minute you want.
This company has a referral system. This means that you earn from the pay-outs of the people you invite.
To register click on: ECOS
This is one of the most reliable company I have worked with for years now. However, you only mine a cryptocurrency called WEC, which belongs to Web Token Profit.
The returns are guaranteed. You accrue them every day and can withdraw them at any time you want, as long as the earnings are more than 1 WEC.
You do not get afraid about how to get the money. You can convert your WEC to any other cryptocurrency at exchanges such as Coin Galaxy and BTC-Alpha.
The reasons why I like Crypto Accelerator is because you can start mining with as little amount as $40.
Register now: Crypto Accelerator
All the above companies have referral systems. This means if you invite people to join, you will get a percentage of the amount they earn. I always work with organisations that have referral systems because you get additional income.
Like I said, the best way to earn cryptocurrencies is through Mining and trading.
For details on the top trading sites read this article: