10 Best Bitcoin Mining Sites — Compare Crypto Mining Platforms

The best Bitcoin mining sites offer opportunities to get involved in the backbone of the Bitcoin network — mining.

Bitcoin mining involves solving complex mathematical problems to validate transactions and create new bitcoins. Once you’ve successfully done this, you’ll be rewarded with a set amount of bitcoin.

After looking into Bitcoin mining more closely, the crypto team at Business2community listed and reviewed 8 crypto mining sites. They also included information on how Bitcoin mining works, its costs, and its potential for profit.

The Best Crypto Mining Sites Reviewed

When searching for the best crypto mining platforms, you first need to ensure that your chosen provider is legitimate — as many scam artists are operating in this space.

You then need to explore what coins the platform allows you to mine and what setup costs you will need to meet. Then, be sure to assess what fees apply and how much you can earn in terms of the ROI.

Taking the aforementioned metrics into account, below are reviews of the best Bitcoin mining sites to consider today.

1. CoinminingFarm — BTC Cloud Miner That Derives 90% of Its Mining Energy From Hydroelectric Dams and Wind Turbines

CoinminingFarm is probably the best Bitcoin cloud miner right now. This cloud mining platform stands out from the competition with its eco-friendly approach. Namely, CoinminingFarm derives 90% of its mining energy from hydroelectric dams and wind turbines. It also allows its users to rent the latest generation BTC miner with multiple contracts.

This platform is suitable for both beginners and advanced miners, as it offers multiple investment plans:

Each plan has different terms, varying from 7 days to 10 years. Keep in mind that this platform accepts only BTC as a payment option. CoinminingFarm is also partnered with Miner Gate, EoBot, NiceHASH, Genesis Mining, NiceHASH, Hashing24, and HashFlare.

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2. CryptoTab Farm — Build and manage your own mining farm

Next on our bitcoin mining sites list is CryptoTab Farm. CryptoTab Farm is a platform that enables its users to build their own mining farms. How? By installing its apps – CT Farm Pro and CryptoTab Farm. The apps come with a user-friendly dashboard through which users can track their performance, get real-time statistics, and control their funds. The apps are compatible with iOS and Android devices, as well as MAC.

The setup process is simple: install the app, set up a miner, and adjust the mining speed. Users can either connect their own miners to the app or use Pool Miners. There is also a Cloud Boost feature that increases mining speed by 15 times.

CryptoTab Farm is also available in demo mode, which includes the same features as its full version. The only limitation is that only 100 virtual miners can be added in demo mode.

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3. Hashmart — Open-ended and 12-month Bitcoin cloud mining contracts with integrated maintenance fees  

Hashmart is the best bitcoin cloud mining platform that offers both open-ended and 12-month Bitcoin mining contracts. The former costs $76.38 per month (for 500 Gh/s), while the latter costs $49.78. Its users will also be able to stake Ethereum 2.0.

What distinguishes Hashmart from other crypto mining sites are flexible terms, zero service fees, and the option of selling hashing power. Moreover, Hashmart uses advanced ASIC chips, which make the mining process more efficient. The uptime of its cloud mining service amounts to 99.97%. In addition to that, Hashmart is available as an Android app.

This platform is suitable for both beginners and professional miners. Its intuitive design is enhanced by customizable settings and flexible contract terms. On top of that, users will be able to ѕwіtсh tо dіffеrеnt mining рооlѕ. Hashmart offers daily payouts, and its users can purchase a minimum of 0.3 Th/s for any type of contract.

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4. CryptoTab Browser — The first browser with a built-in mining algorithm and 200K customizable extensions

What is the best website to mine bitcoin? CryptoTab Browser is the first browser that has built-in mining features. CryptoTab Browser has one of the fastest mining algorithms that includes the Cloud Boost option. This option allows its users to multiply their initial hashrate. The browser can also be personalized since it comes with 200K customizable extensions.

CryptoTab Browser is available for Android and iOS devices as well as Windows and Mac OS. At the time of writing, this platform allows its users to mine Monero and BTC. However, Monero will be converted into BTC. Users will have to earn a minimum of 0.00001 in order to cash out their earnings. CryptoTab Browser also offers a 10-level referral program that will boost your earnings by up to 15%.

The setup process is simple. Visit the official website to install the browser and sign in with your Gmail account.

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5. HashShiny — A versatile platform that enables its users to mine six different cryptocurrencies

HashShiny is a legit mining site that enables its users to mine six different cryptocurrencies: BTC, ETC, Zcash, Doge, Litecoin, and Dash. The BTC cloud mining contract comes with a minimum requirement of $0.55 per 10 GH/S. This is also a 2-year contract that uses Whatsminer M30 hardware. Moreover, all new users will get a 5TH/S SHA-256 (BTC) hash rate for free.

HashShiny uses ASIC miners and GPU rigs, and most of its funds are kept in cold wallets. The platform is compatible with Android and iOS devices. The app has a user-friendly interface and it comes with professional mining tools. There is also a Switch on/off option that will allow you to have full control over the mining process.

Compared to other BTC mining sites, HashShiny offers the highest ROI, up to 150%. You can also generate more hashrate by activating the Reinvest option for $2.

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6. Hashing24 — A platform created specifically for BTC mining with the lowest starting investment of 1 TH/s

Hashing24 is one of the best bitcoin mining sites that has over 200,000 users and 10+ years of experience. This platform has active mining farms in Canada, Norway, Iceland, and Georgia, and it’s exclusively tailored for BTC mining. It also has a low starting investment of 1 TH/s.

You can choose between three different contract durations – 12, 18, and 24 months. Larger contracts come with a 5% discount, while estimated returns will depend on the chosen contract. At the time of writing, a 12-month contract with 5 TH/s brings an estimated profit of $90.62.

This platform is suitable for beginners as it offers a demo account that will be active for 4 weeks. This will allow miners to try out all the features before making their final decision. Hashing24 offers a daily payout system. There are no maintenance fees, and withdrawals are instant.

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7. CryptoTab Pool — Allows you to mine 9 different cryptocurrencies using any device

CryptoTab Pool is a new feature of CryptoTab Browser. It uses Pool Mining technology to enable its users to mine 9 different cryptocurrencies: BTC, ETH, BNB, MATIC, CTC, USDT, SOL, TRX, and TON. 

To start the mining process, you’ll first have to select the format that suits you best. You can choose a web app, Android, or Telegram. Next, you’ll have to select the hashrate and the duration of the contract. Hashrates range from 75/kHs to 20 MH/s, while the contract duration ranges from 1 to 3, 6, 12, 18, and 24 months.

That said, CryptoTab Pool can be integrated with CryptoTab Farm, CryptoTab, and CT NFT mining. It’s also compatible with Windows, MAC, and Linux. CT Pool is the best mining site for people who want to mine bitcoin from any device. It provides daily payouts that come with zero fees, and it is suitable for both beginners and professional miners.

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8. ECOS — Great and Legit Crypto Mining Site for Custom Contracts

ECOS is home to an extensive crypto ecosystem that covers a variety of products and services. It is the only completely legit mining company. ECOS is located in a Free Economic Zone in Armenia and receives electricity directly from the Hrazdan TPP. In addition to cloud mining, ECOS also offers a secure wallet and a leading crypto exchange. You can get started with this platform online or via the iOS/Android app. We like ECOS for its customization tools, which allow you to create a Bitcoin mining contract that meets your requirements.

For instance, you can set parameters linked to the contract duration and price. You can even state what price you believe Bitcoin will be when your custom mining contract expires, which allows you to get a clearer idea of the potential ROI on offer. In terms of profitability yields, this will ultimately depend on the contract that you create.

As a prime example, let’s say that you opt for a 36-month contract and you believe that Bitcoin will be worth $60,000 when it expires. In this scenario, your RIO would amount to 99%. We also like that ECOS breaks down your profits on a daily, monthly, and annual basis.

Using the same parameters and based on an initial investment of $5,000 – this would yield $278 per month in passive income. In terms of supported markets, you can only engage in Bitcoin mining. Nonetheless, another benefit of using ECOS is that the platform offers real-time customer service via a live chat facility.

ECOS can also be considered as a free mining website since it provides all new users with a free trial contract for one month in order they can test the platform.

You can now try ECOS cloud mining with a complimentary test drive available on their website. All you need to do is register an account  and use the promo code “TryBeforeBuy” in the account settings to activate Cloud Mining.

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9. Kryptex — A BTC mining service that rents CPU and GPU power to miners

If you want to find a free mining website, Kryptex should be on your go-to list. Kryptex is a mining service and mining pool that uses CPU and GPU power from its users to mine BTC. To start the mining process, you’ll only have to download the Kryptex app. This versatile app will mine BTC even when the computer is in standby mode. It’s also compatible with Android and iOS devices.

Kryptex is suitable for all types of crypto miners. It offers two versions. The basic version, Kryptex Miner, is free to use, while the advanced version, Kryptex Pro, costs $264 per month. 

Kryptex provides access to multiple mining pools and supports a wide range of payment options, from debit/credit cards to crypto, Amazon, and Volet. By joining its referral program, you can also earn 2% of your income.

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10. BeMine — AI-powered mining site that offers ASIC rentals and hosting services

BeMine made it to our list because of its 13-day free mining trial, easy-to-use structure, and AI-powered cloud mining option. That said, BeMine uses AI to enable its users to boost their hash rates, cut operational costs, and maintain optimal performance. Its AI algorithm analyzes mining difficulty and real-time market data to locate the most profitable coins. This feature is currently available only for altcoins. However, the BTC ASICs AI Boost feature will come out soon. 

BeMine offers two products: Cloud Mining and Mining Hotel. The former enables miners to buy fractions or entire ASICs, while the latter enables its users to host their ASICs. You can also acquire ASIC miners. 

This platform offers a referral and review program. Both come with lucrative rewards — up to 12% in BTC and 3 days of free mining. BeMine is suitable for long-term miners since its contracts last 48 months.

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11. Binance Mining — A reliable cloud mining service provided by one of the best CEXs

Binance Mining is one of the most legit Bitcoin mining sites. This popular centralized exchange currently offers a Bitcoin cloud mining option that comes with a 360-day contract. To start the mining process, you’ll only have to create an account on Binance. Moreover, if you own a mining rig, you’ll be able to connect it to the Binance Mining Pool and create up to 100 accounts.

In addition to that, you can cash out your funds using multiple payment options, from debit/credit cards to crypto and P2P. Moreover, you can use the instant withdrawal and reinvestment option. I.e., you can cash out your funds on a daily basis or reinvest them into yield products.

Keep in mind that Binance requires its users to cover hashrate and electricity fees, which makes this platform one of the most expensive legit BTC mining sites. Another disadvantage is that the estimated outputs are displayed in BTC.

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12. AST Mining — Cloud Mining Service With Fixed Returns and a One-Click Mining Feature

If you’re looking for crypto mining services that allow users to mine BTC, ETH, and LTC for a fixed return, opt for AST Mining. AST Mining is a hash rate provider whose mission is to make the cloud mining process available to everyone. What makes this platform stand out is its advanced energy mining technology, which enables maximum returns. Miners can also use its one-click mining feature.

AST Mining is tailored for experienced miners and beginners. On that note, this platform offers different mining plans whose contracts vary from 1 to 20 days. The cheapest plan can be purchased for $30. This plan comes with a contract period of 1 day and a fixed daily return of $0.90. The most expensive plan costs $68,000. Its contract period is set to 20 days, while its daily return stands at $1,904. Moreover, anyone who creates an account on this platform will get $30 in trial funds.

Miners can also use its native app to access their portfolios on the go.

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How Does Crypto Mining Work?

In the above section, we briefly explained the fundamentals of Bitcoin mining. Now, we’ll dig a little bit deeper so that you have a firm understanding of how this passive investment space works before committing any funds.

Traditional Bitcoin Mining

As noted above, you likely won’t want to engage in a traditional Bitcoin mining strategy due to the high costs involved.

Nonetheless, even if you are keen to explore cloud mining, it’s still important to have a firm grasp of what goes on behind the scenes. After all, in order to make money from a Bitcoin mining site – you need to risk your hard-earned capital.

• So, every 10 minutes, the Bitcoin network mines a new block.
• Within each block is a tranch of transactions that were executed within 10 minutes prior to the block being validated.
• When the block is validated, all of the transactions within the respective block are confirmed as valid and will subsequently be posted to the Bitcoin ledger.

Now, before a block can be confirmed, miners are required to validate the tranch of transactions.

• This is achieved when a highly complex equation is solved, which typically takes 10 minutes.
• Only one miner can successfully solve a specific block, which is why only one reward of 6.25 BTC is distributed.

It goes without saying that for Bitcoin miners to make money in the traditional sense, the rewards that they receive must surpass the underlying electricity and maintenance costs.

Cloud Mining Bitcoin

All of the providers from our top Bitcoin mining sites offer a remote service facilitated via the cloud. This means that, in Layman’s Terms, you are not required to buy any specialist hardware devices.

Moreover, other than connecting to the internet, you will not consume any electricity when engaging in cloud mining. Instead, the cloud mining site that you sign up with will have the required hardware devices set up in their own rigging farm.

In turn, when you invest money in a cloud mining contract, you are essentially renting a percentage of the available hashing power that the farm generates.

As a simplistic example, if you invest the equivalent of 1% into a Bitcoin mining platform and the respective rig makes a $10,000 profit in a single day, you would earn $100.

In most cases, your mining rewards will be paid to you every 24 hours. This enables you to reinvest the tokens back into another mining contract, which can facilitate compound growth.

Moreover, we should note that most Bitcoin mining companies require you to purchase a contract lasting at least one year. Some, however, offer flexible terms, albeit at less favorable yields.

Is Bitcoin Mining Profitable?

Traditional Bitcoin mining is no longer profitable for the average person. Crucially, this space is now dominated by a small number of large-scale Bitcoin mining pools – many of which are located in China.

With that said, it is possible to make a profit when you invest in a Bitcoin cloud mining site. In most cases, the provider will let you know the anticipated yield on your investment in percentage terms.

Some providers go one step further by letting you know how much you will make in dollars on a daily, weekly, and monthly basis.

• However, it is imperative to remember that your ability to make a profit from mining is largely dependent on the market value of digital currencies.
• For example, when you are shown the ROI at a Bitcoin mining site, this is based on you receiving your rewards in crypto tokens.
• This means that a 1 BTC investment at a yield of 10% would amount to an additional 0.10 BTC in mining rewards.
• Now, if the value of the respective digital currency drops considerably, your mining endeavors can actually result in a loss.

For this reason, we would argue that there are much better ways to get “rich” with crypto investments than Bitcoin mining.

Costs of Crypto Mining

When investing money at a Bitcoin mining site, many costs are accumulated behind the scenes. This includes the cost of:

• Buying the many ASIC devices required to stand a chance of validating a block
• Huge electricity costs to keep the crypto mining rig operational 24/7
• Ongoing maintenance
• Internal costs related to facilitating accounts, deposits, and withdrawals

These costs will, of course, be passed on to you as a client of the website. The good news is that the best Bitcoin mining sites that we came across build these costs into the ROI of the respective contract.

As such, you know exactly how much you will make from your mining investment.

Another fee to bear in mind is the opportunity cost of having your digital currencies locked away in a mining contract. As noted earlier, you often need to sign up for a term of at least one year. During this period, you likely won’t be able to withdraw your tokens.

On June 3rd, 2022, New York passed a bill to ban Bitcoin mining operations that don’t use renewable energy sources. However, it may be vetoed, and other US states, like Texas, are very friendly toward Bitcoin miners.

Conclusion

Although appealing, Bitcoin mining is no longer as profitable as people think. Therefore, more and more investors are looking at cloud mining websites, which are perfect if you’re on a budget. Our 9 best bitcoin mining sites are suitable for investors and newbies who don’t want to go with the traditional route.

That said, Bitcoin Minetrix has taken cloud mining to a new level by offering the world’s first stake-to-mine crypto token, BTCMTX.

The project allows investors to gain cloud mining access by burning tokens in exchange for allocation and earning staking rewards.

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