Back by popular demand, we did some extra research on the internet and came up with this list of providers. We are not endorsing these companies, simply presenting them as alternate options for investors looking to purchase Bitcoin Mining Contracts. Most of these mines will provide some sort of Cloud Mining, with Bitcoin, Litecoin, or ETHER as options. EOBOT goes a little further with their selections, but we are not sure if they convert the coins from mined BTC or LTC, or if they actually mine those other coins. Many coins can be mined using Mining Rigs, and most of these cloud mining providers have mining farms where they partition out a percentage of the mining rewards to cloud fund investors to help cover the costs of startup, or in some cases, to increase ebitda and other capital projects.
Today we are picking up where we left off from our previous article, so you may want to read the other article first since it showcases companies that we have worked with.
Let’s take a look at some of these companies:
There are plenty of scam site out there, so buyers beware, but if you want try some of these sites with small investments and let us know how they are, we would love to hear your comments below.
Bitcoin mining is currently profitable, and miners are hoping that the price point begins to increase to help compensate for the upcoming dry patch when rewards are cut in half. That means that their may be some very good days for the miners as the price rises leading up to the event. This could drive the price of contracts up in the short term as higher rewards and payouts are re-invested into contracts which may leave the price inflated in July when getting a contract may be much more expensive, and less profitable. Going with mining companies that offer the opportunity to trade contracts on the market makes even greater potential for flexible trading options so investor’s can have more control over their investments. Some such mining companies that currently offer contract trading are hashnest.com and oxbtc.com — we would recommend these mining companies because of their track record, as well as flexibility to trade the GHS. However, we would love to hear feedback about other companies, and other leads in this area as we look to grow our mining operations in the short term.