Here are the top 3 cryptocurrency cloud mining services which I have personally used and worked for me.:
- Genesis Mining
- MVU Cloud Mining
Use this code 929b0f35 or this Affiliate link when registering MVU Cloud Mining.
Due to Hashflare not having more hashpower available right not to sell you, and Genisis mining only having limited options which are not currently profitable (at least by my calculations), I would recommend signing up MVU Cloud Mining.
Here is the complete guide to getting started MVU Cloud Mining.
It is very simple to sign up MVU Cloud Mining account. Just need your email and a referral code, which is far more easier than hashflare and Genisis mining. You will receive 7 days 10M ETH hashrate after registering successfully. And it seems that MVU Cloud Mining platform doesn’t have strict restrictions on sign-up multi accounts. Later I will talk about why you should sign up multi accounts.
Types of the Cloud Mining Contracts
There are three types of Cloud Hashrate Contracts: ETH cloud hashrate for new users, BTC cloud hashrate and ETH cloud hashrate.
MVU cloud mining makes Bitcoin mining & Ethereum mining accessible to the general population. Instead of building your own hardware ‘rig’ which would entail some very technical skills, a large initial investment, a cheap energy source and incessant updates (to the software and hardware) – you get to rent all those resources to mine coins from someone else.
When you start mining with MVU cloud mining, you are taking out a contract to rent their resources. You then have the option to contract as much hashrate as you would like to produce your desired amount of coins/USD.
How Profitable the MVU Cloud Mining Contracts are?
Let’s calculate how profitable each contract is.
$16 3-day 150MH/s ETH Cloud Hashrate Contract for New Users
This contract is only for new users and it supports post payment, which means that you can order the contract first but pay later. Since you confirm the order, you can see the ETH income in “my assets” every 24 Hours.
Here is my income list of the new user contract. In the 3 days, through 150M hashrate I totally got 0.01220274 ETH. The price of ETH is about $2000, so the return of the novice package is about $24.4. I invested the 16$ 3 days novice package of 150 MH/s. That $16 generated approximately $24.4 USD over the 3 days. Except for the cost of the package and handling fee, I earned about $8.
The calculation is: The profit of the contract = “The price of ETH” multiply
“The amout of ETH that 1MH/s hashrate can mine per day” multiply “150” MH/s hashrate multiply “3” days
It should be noted that earnings on the MVU cloud mining are made in ETH, so the total value of earnings in USD depends on ETH/USD exchange rates. If ETH goes up in value, so do earnings in USD, if it goes down, so do earnings in ETH.
The new user hashrate contract is highly cost effective compared the other two contract. As a mentioned before, it seems that MVU Cloud Mining platform doesn’t have strict restrictions on sign-up multi accounts. If you have a number of email, you can sign up multiple accounts to order the new user hashrate contract, which can be a good way to bulid small fortune. For example, now the ETH price is $2000, if you sign up 100 accounts using $1600, you can get $2440 and earn at least $800 in three days. If the ETH price goes up to $10000, you can earn $4000 in three days through 100 accounts.
$69 2-year 1 TH/s Bitcoin Cloud Hashrate Contract
The contract peroid is 2 year. In the two yeas, you can mining bitcoin thourh 1 TH/s hashrate every day. Below is how this $69 contract profitable. If bitcoin continue going up in value, so do earnings in USD. Use this code 929b0f35 or this Affiliate link if you deside to register MVU Cloud Mining.
$16 2-year 1MH/s ETH Cloud Hashrate Contract
The contract peroid is also 2 year. In the two yeas, you can mining ETH thourh 1 MH/s hashrate every day. Below is how this $16 contract profitable. If ETH continue going up in value, so do earnings in USD. Compared to this contract, the new user contratct is super favourable. So I advice you to sign up multiple accounts. Use this code 929b0f35 or this Affiliate link if you deside to register MVU Cloud Mining.
Pay new user contract first or later, which is better?
The new user contract support post payment, which is very benefial to users. You can place order first and watch out if it is mining enough for earnings. If it is not, you can cancell the order.
Is the payment complex?
No, the payment method is very simple. You can pay with BTC, ETH, BCH or USDC
What is the Minimum Threshold of Withdrawing Coin?
There is no threshold of withdrawing coin itself but MVU uses Binance to pay your withdrawal, whose minimum trading amount is 0.02 ETH. Once you reach the 0.02 ETH, you can withdraw the coin at any time . Before withdrawal, you should bind your wallet address and bind the Google Authenticator to ensure the safety of your account.
Where to Check Income?
In “my asset” dashboard, all the income will shows in the “income list” and the total income will cumulate above.
How to Invite Friends? Is MVU Cloud Mining Referral Program profitable?
MVU Cloud Mining launched a referral program that aims to reward you for inviting friends to register MVU Cloud Mining platform. Both you can know more about mining, experience and enjoy mining profits, get BTC and ETH commissions and free hashrate together.
For the inviter:
Invite a friend to register, you will get 10 MHS 7-day ETH Tester hashrate for free；If the friend places an order, you will get another 5% ETH Tester hashrate as reward.
For the invitee:
Successful registration: Get 10 MHS 7-day ETH Tester hashrate for free
Discounts for the first purchase: Enjoy Premium Plus ETH contract, support post payment.
Use this code 929b0f35 or this Affiliate link if you deside to register MVU Cloud Mining.
All the Invitation will list in “invitation”
If you have other questions about MVU Cloud Mining, please leave me a comment or contact MVU Cloud Mining official.