What is Bitcoin Cloud Mining?

     Bitcoin cloud mining enables people to earn Bitcoins without bitcoin mining hardware, bitcoin mining software, electricity, bandwidth or other offline issues. Bitcoin cloud mining, sometimes called cloud hashing, enables users to buy the output of Bitcoin mining power from Bitcoin mining hardware placed in remote data centres. Then all Bitcoin mining is done remotely in the cloud. This enables the owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.

Minergate.com
minergate-mining
Online Since Supported Coins Payment solutions Payout
March 2014 BTC, DASH, ETH Bitcoin, Emercoin, VISA, Master Card, Payeer, Webmoney , wire transfer Manual

Minergate makes cryptocurrency mining affordable and profitable for anyone. They provide a possibility to join their pool for a low fee and mine 14 different altcoins.

Genesis-Mining.com
genesis-mining
Online Since Supported Coins Payment solutions Payout
Febrary 2014 BTC, DASH, Doge, ETH, LTC, XMR wire transfer, Cryptocurrency Wallet, Bitcoin, Litecoin, Dogecoin, Dash, CB Automatic daily

The cloud mining activity has been started at the end of 2013 at Genesis Mining. The founders have been trading bitcoins on the same platform, this is how they got together. Nowadays the company has been incorporated in Hong Kong.

Hashflare.io
Oxbtc
Online Since Supported Coins Payment solutions Payout
December 2014 BTC, DASH, ETH Bitcoin, Emercoin, VISA, Master Card, Payeer, Webmoney , wire transfer Manual

Hashflare turns cryptocurrency mining accessible to everyone. There is no need to buy expensive and complex mining equipment, Hashflare wants to make mining accessible for all users around the globe no matter of age or background.