Honestly, I would not advise you to start mining bitcoins as it is not as profitable now in 2018 as it used to be in past. It would lead you to loss unless you start mining on a very large scale like popular mining firms do. It would be hard for you to reimburse electricity bills and even if you do that you’ll make a little profit.But, you can do one thing. If you want to invest in Bitcoin mining without the hassle of managing your own hardware, there is an alternative. You can use the cloud to earn your coins.

CLOUD MINING

Put very simply, cloud mining means using (generally) shared processing power run from remote data centres. One only needs a home computer for communications, optional local bitcoin wallets and so on.However, there are certain risks associated with cloud mining that investors need to understand prior to purchase. Not all cloud mining sites are legitimate. There are several fraud cloud mining sites are coming up these days. So please search about the site and read its reviews first before investing.However, there are many trusted cloud mining sites. One of the best among them is Hashflare.

Hashflare has a very strong hardware background with the cloudminers supplied by HashCoin. They offer cloud mining for five different cryptocurrencies. The contracts last as long as the mining activity — after the maintenances fees charged — is profitable for both bitcoin and litecoin. Hashflare is a good cloud mining choice for those who want to try crypotcurrency mining but doesn’t want to invest too much money upfront as their minimum plan is starting from $1.20.Pros

1. immediate payouts if hashpower is purchased from bitcoin
2. unlimited contract length
3. partner program

Cons

1. maintenance fees for litecoin and bitcoin.
2. in case of wire transfers they charge a commission fee

Sign up with Hashflare today: Join HashflareThank you and have a nice day!