Bitsrapid - Just Another Scam

Bitsrapid has left the scene just a few days after Hashocean! Read more about Cloud Mining Scams in this article!

Here are a few tips to detect scams in this business :

1. Don´t trust to good return of investment promises! (Example, compare Genesis Mining with Hashocean ROI, and you know what i mean)
2. Check their business entry and postal address!
3. Where are their miningcenters located?

There are only two services looking real to me at this moment,  Genesis mining and Hashflare! Anyway, I won´t invest anything at this time till the BTC Block Halving is done!

Genesis Cloudmining Review

Genesis Cloudmining Mining service is a new and exciting Sha256, X11 and Etherium cloudmining provider which has been operating for a bit two years. The company behind this service is registered in Bermuda. Genesis Mining has attended some cryptocurrencies and bitcoins related conferences either as speakers or sponsors and are also actively developing their service. Genesis also offers

Etherium Cloudmining Service.

This cloud mining is one of the first in the Bitcoin market. Genesis is a reliable partner and has a client base of over 100,000 people. The company also actively cooperates with the biggest supplier of equipment for cryptocurrency mining, Zeus. Users need not worry about the stability of its farms. 

Click here to learn more about Genesis Mining!

Discountcode : im6S91

Genesis Cloudmining Sha256 Based Coins 

Genesis Mining offers users the ability to mine Bitcoin and Sha256 based crypto currencies in their sha256 mining plan. There is a payment option in Bitcoins and the service automatically mines the most profitable coins for users and exchanges them for BTC. Users receive earnings on a daily basis sent directly to their wallets, and this is an advantage over some other services which do not have daily payments.

Genesis Cloudmining X11 and Etherium (1 Year Contract)

Genesis mining also offers X11 and etherium cloud mining contracts for 1 year each with a much faster return of investment! Therefor is the sha256 contract not limited and will generate earnings as long as the service is profitable!

Another great thing is the absence of hidden fees to pay such as hardware maintenance which may be taken as a percentage of user’s and electricity bills (Except Sha256 contracts). All users pay a fixed price for the hashrate and the payment currently accepted are USD, Euro, as well as Bitcoinrent or Litecoin.

Presently, Genesis mining offers two types of packages, Lifetime contracts, and Annual contracts. The first provides a minimum purchase of is 0.05 TH/s, which costs 22.49 dollars. Essentially, a user is buying a piece of equipment in a remote data center and paying a daily fee of small value for maintenance.

The annual contracts transaction is for only one year and is quite attractive as an investment. In this type, users pick a piece of equipment and rent but do not pay service fees of any kind. Users make a profit at a faster rate.

Users can pay via Bank Wire, Credit Card, Bitcoin, Litecoin, Dash, and Dogecoin

Click here to Sign up to Genesis Minging and Use the Discount Code : im6S91  For a 3% Discount on Your Purchase!
 

Genesis Mining Advantages

• No hidden fees like a percentage for maintenance.

• Daily payments

• Stable payments

• Quick support service

• Credible farm for mining

Genesis Mining Disadvantages

• Its service has the most costly fees in the industry.

• No exchange for the sale of the hashrates.

Genesis Mining Conclusion

This Genesis mining review has shown how profitable genesis cloudmining can be whether the annual of lifetime contract is purchased. Acquiring the lifetime contract, gives a reliable annual income of about 60%, although this percentage much depends on the cost of the cryptocurrency and the different complexity of the mining so it may vary up or down. The same situation occurs with the annual contracts and the amount of profit is dependent on the rate of the Bitcoin. The cost of the Bitcoin is steadily increasing and the earnings on the contacts regularly increase as well.

The genesis cloudmining is great for users as it does not have hidden charges for maintenance. However, it can be quite costly to join. 

Click here to Sign up to Genesis Minging and Use the Discount Code : im6S91  For a 3% Discount on Your Purchase! 

Hashflare Cloudmining Review

Hashcoins initially offered hosted mining contracts, but toward the end of the year 2014, HashCoins launched HashFlare, which became their cloud mining service. HashFlare cloud mining service provides cloud mining for both altcoins and Bitcoins based on the script and sha256 algo (Etherium is comming soon).

This article is a Hashflare mining review and will highlight the advantages of this cloudmining services and its disadvantages. Hashflare is located in England and offers BTC, Scrypt, Eth, and Dash cloudmining at this moment! Beside the Genesis Mining company, its the only one Im using right now and the only one I will invest in in the future!

Click here to sign up to Hashflare and Save 10% on your First Order! 

Hashflare might have one of the more expensive cloud mining contracts in the industry, but they offer some interesting unique features no other service offers to its clients and hashflare is one of the  most transparent cloud mining services I came accros by now!

The system also has a solid mining interface. They do not offer so many features like some other cloud mining services, but they can be ranked in the top 1/3rd of cloudmining companies in terms of usability. Also, withdrawing payments is easy, with a two-factor authentication email which is sent before payment is sent. The user dashboard shows a series of graphs which show earnings, balance over time, revenue per day, and mining pool allocation. 

It is all nicely arranged and graphically intuitive. HashFlare’s added a mining pool allocation section which is good as many cloud mining companies do not offer a selectable mining pool or force users to select a single pool. Hashflare does not offer any sort of discount, and this can be a bit discouraging. However, their relatively low maintenance fees make their cloud mining contracts easily afforble.

Click here to sign up to Hashflare and Save 10% on your First Order! 

Payments to users are made on time, and the revenue is always as calculated after all deductions for maintenance and taken. Funds can be withdrawn from Hashflare to Bitcoin wallet in as little as 15 minutes.

HashFlare also offers a 10% referral bonus which is most likely the highest referral rates in the industry from any cloud mining company. They do not offer any signup bonus like most cloudmining companies, but they offer specials from subsequently after the signup. Overall, HashFlare receives a pass mark for their generous referral bonus.

Pros

• The choice of pools for the mining

• The availability of the data centers with equipment

• Stable charges and payments

• 10% referral bonus

• Quick support

• Extremely low maintenance fees

• Selectable mining pool

• Nice dashboard

• Only approx. 200 Days till ROI!

Cons

• Expensive contracts

Hashflare cloud mining service have prices which may be very competitive as others, but they have an edge as they offer the lowest maintenance fees in the industry, and also, a substantial referral bonus. If you to invest in cloud mining, and you want to experience the lowest maintenance rates in the business and excellent interface for easy use of the system. Even though the contracts can be quite expensive, they make up for it by offering low maintenance rates to users.

Click here to sign up to Hashflare and Save 10% on your First Order!