Bitcoin cloud mining
First services for renting bitcoin mining hardware was born in 2011 and provide only GPU mining farm.
When ASIC mining hardware going to the mass production several manufactures created mining pools, where you can mine on rented or our own mining hardware.
Cloud mining services usually offer mining contracts. But today's we have several cloud mining services where mining hardware owners can sell hashing power to potential buyers. Such mining services usually do not have mining hardware and offer you to buy or sell hashing power without contracts on pay-as-you-go basis.
Recommended cloud mining services:
- HashFlare - offers SHA-256 mining contracts for $1.60/10 GH/s
- MinerGate - offers bitcoin and altcoins mining pool
- NiceHash - crypto currency cloud mining, hash rental service and multipool