In the initial times, Ethereum was easily mined on standard PC. At that time, there were only few steps that were required to mine Ethereum and now a comprehensive guide of Ethereum mining is available. Today, there are plenty of ways of mining Ethereum. Previously, CPUs and GPUs were used to mine the Ethereum. However, now it is mined on graphic cards and you can also join a mining pool. If you are among the one who is not a tech lover or not the one who loves to spend time in reading about the latest technology trends, then signing an Ethereum mining contract is an ideal option for you.
In cloud mining, you don’t need to own a mining hardware or equipment, you just have to make your account and start mining. It is advisable to thoroughly search for reliable mining partner and then compare cloud mining Ethereum contracts. Nowadays, there are numerous cloud mining service providers across the world. Since Bitcoin is launched, a horde of mining companies have come into existence and making money out of it. The list of renowned cloud mining providers include Hashgains, Genesis Mining, HashFlare, and more. In all of these mining companies, you just have to create your account and start Bitcoin and Ethereum cloud mining. There is no hassle of downloading any app, no investment in mining hardware, and most importantly no cost of electricity involved. All these things saves big time.
The foremost reason why people invest in Ethereum cloud mining is best deals. They have the chance to earn profits on the investment early. In cloud mining, lower transaction fees is charged globally. This method totally removes the cost of operations of mining Ethereum. You just have to put your money into the purchase plan. Post that, you will get the hash rate and you can start mining. There are one year, two year, or lifetime cloud mining contracts, you can choose the contract as per your budget. In addition, in cloud mining, there is a guarantee of 100% uptime and no risk of fraudulence.
As Ether price is on the rise, so the cryptocurrency is in high demand in the market. The current price of Ethereum is $293. Owing to this, every trader is already investing or planning to invest in this hyper-growth market. Cloud mining Ethereum companies offer people customized plans too so that everybody can easily invest in this cryptocurrency. The mining companies substitute large number of machines. In one year mining contract, no upfront payment is charged.
Apart from this, there are two reasons, due to which Ethereum cloud miners get the best deals. The first reason is that miners buy Ether in bulk in order to get discounts on graphic cards. And second reason is miners use the mining locations, like Iceland where electricity cost is low. Doing so, reduces the cost of operations majorly and that ultimately saves big amount of money. In fact, the leading Bitcoin and other cryptocurrency cloud mining company, Hashgains provides the best-in-class cloud mining platform that helps in mining altcoins in the simplest way.
Additionally, another advantage of signing an Ethereum cloud mining contract is you do not have to hear the mining equipment or hardware noise. Also, it is a pretty simple logic to get a mining contract if you don’t love to mine on your own or do not have enough budget. Though in the beginning, you will get less profits on mining on yourself, but if you try cloud mining Ethereum contract, there is a possibility of earning profits early.
Following are the Hashgains Ethereum one year mining plans. Take a look.
|Topaz Ethereum Mining Contract||5 MH/s||$129|
|Ruby Ethereum Mining Contract||25 MH/s||$629|
|Emerald Ethereum Mining Contract||50 MH/s||$1199|
|Sapphire Ethereum Mining Contract||100 MH/s||$2399|
You will get a discount on buying any of the above-listed Ethereum cloud mining contracts from Hashgains. Due to the high demand in the market, Ethereum has become the second most renowned cryptocurrency in the market. You can also receive daily payouts in your Ethereum wallet, available on the computer and phone too. Also, you can store or spend them as you wish.