Top 10 cryptocurrency mining companies

Some of the most popular and reliable cryptocurrency and bitcoin mining companies throughout the world

As the invention of cryptocurrency has given rise to a number of domains,  cryptocurrency mining industry is one of them. Mining cost a lot of electricity to the miners where the miners solve complex mathematical problems in order to add a particular block to the blockchain and hence receive the block reward in the form of cryptocurrency. As the number of miners increases, trying to crack the code, the difficulty of the complex algorithm increases.

A number of miners join together in order to create a mining pool. This collaboration acts as an advantage to the miners as the total number of miners doesn’t increase with respect to the blockchain but a whole set of miners act as a single miner and hence the difficulty of the complex algorithms is not increased as the number of miners are increased in the mining pool. In other words, in a mining pool the set of miners share the work among themselves and also the block reward is shared among them.

 

Below are some of the top 10 cryptocurrency mining companies:

 

  1. Genesis Mining.

Founded in the year 2014, it is regarding as one of the top Bitcoin mining companies around the world. It is well known for its transparency and best customer service. The integrity and reliability which the company provides to its users are just unmatchable. Spondoolies tech, an Israel based company which is specialized in manufacturing all kinds of cryptocurrency mining equipment works in collaboration with this cloud mining company by providing it with mining rigs. All of their mining equipment is being placed in the locations which have geographically suitable for mining. Surplus and cheap electricity and low temperatures in a location are best suited for mining. They provide a wide range of offers from 50GH/s to 15,000GH/s.

 

  1. Hashix.

The Bitcoin and Ethereum cloud mining company are considered to be very simple and user-friendly. The new users, as well as the experts, can use this service easily in order to gain some profits. The company provides a very unique way of buying a hash power to the user without even really worrying about the hardware and software requirements required for the mining. The whole mining installation is done by a set of highly experienced experts in the cryptocurrency as well as financial sector and hence the company is highly reliable. Once the user registers for hash power in the company the withdrawal of the profits can be done periodically. The minimum payout is 0.002 for Bitcoin and 0.03 for Ethereum. In short, the Lithuania based company is the best place for investment.

 

  1. Bits2u Inversiones S.A.C.

it is one of the most legal cloud mining service providing company in Peru, with approvals as well as registrations from SUNAT and SUNARP. Along with registrations with the financial authorities of the country, the company even has RUC and a DUNS numbers. It is one of the first fully automated online systems which intends in providing a number of investment options to its users in order to increase the return on Investments. It even offers 10% referral bonus to its customers. They strictly make sure that their customers are satisfied with their service.

 

  1. Bitforx.

This particular cloud mining service is considered to be one of the safest around the world and is located in the industrial zone of Kutaisi, Georgia. A large spectrum of Bitcoin mining hash powers is available here with an aim of providing the cryptocurrency community, the accessibility to mine Bitcoins.

 

  1. NuVoo Mining.

The Canada based cloud mining services provide cloud mining, Dedicated miner, and Colocation Miner services. It even offers a live customer support in French and English languages.

 

  1. IQ Mining.

The mining company acquires its hash power from some of the large data centers spread throughout the world. This is intelligently done in order to reduce the cost of electricity that is required to mine cryptocurrencies.

 

  1. Hashing24.

The company aims at providing Bitcoin mining contracts to the new customers who are experiencing Bitcoin mining for the first time.

 

  1. IronVault.

This company can be considered as a one-stop shop for all the professional cryptocurrency mining solutions. It even provides its services to the customers who are very new to the blockchain technology as well as the cryptocurrencies.

 

  1. BitFury.

The company mainly deals with the manufacturing and development of the hardware equipment required for mining but recently opened up its own Bitcoin mining data center in Georgia.

 

  1. CoinMiner.

Covering cryptocurrency mining along with equipment required for it, the company helps individuals and businesses to set up mining sale e-commerce.

 

The cryptocurrency revolution has undoubtedly proven to be very useful as well as better than the traditional fiat currencies we had. If we look at the traditional Fiat currencies, the amount of energy spent in order to create the currency is very negligible, in other words it is same as the amount of energy required to manufacture a piece of paper but in the cryptocurrency domain the huge amount of electricity is consumed for the creation of cryptocurrencies and hence they have some intrinsic value and are inflation proof.

Many countries across the world have embraced this technology and are taking advantage out of it by fastening the whole Financial tedious process which took a lot of time. Many governments are even focused on the research and development in the field of Blockchain Technology, in order to further explore its potentials to solve other problems.

 

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8 comments

  1. I would allways share my positive experience with Genesis Mining. I have been mining in GM for quite some time now and all I can say is that I’m very satisfied with how things are going, my paymants and whole mining process in GM. For all wondering about their transparency an are they legit it is enough to google them and they will see themselves. I have allways felt like my investment payed off, even now in mining market crisis. So I hope everyone mining will be satisfied as I am mining in GM.

  2. Genesis Mining is definitely going places. It is not a biggest mining company with no reason, I feel like my investment is in a good place, and my payments are regular and on time

  3. I have been mining for quite some time now. It turned out to be very profitable investment. Of course, depends where are you mining. I am mining in Genesis Mining and would’t change that. Tey provide the best contracts and payment modules. I get my paymants every day and can’t complain about the service. As a client, I feel my money and investment is in good place with the best tehnology solutions. So, a good and legite mining company makes difference for your investment and profitability

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