Ethereum cloud mining can either be free or paid. You hire the mining devices at a certain cost that can be billed once, monthly, or yearly in the paid plan. On the other hand, you don't have to pay any money to access the mining services in a free plan. However, the host can deduct some money from your earnings as a rental fee.
Most mining hosts that offer free cloud mining always have an option to upgrade to paid plans. So, it's common for beginners to start with free plans before upgrading to paid plans. It's worth knowing that the paid plans will pay more than the free plans, so you'll have to upgrade if you want to earn more.
Free Cloud Mining Free Hashrate Calculator Eth
ECOS is the most trusted cloud mining provider in the industry. It was established in 2017 in the Free Economic Zone. It is the first cloud mining service provider that is operating with legal status. ECOS has more than 100,000+ users from all over the world. It is first cryptocurrency investment platform with a complete suite of digital asset products and tools.
Hashing24 is another mining platform that supports the free mining of Ethereum. This company has several mining farms in Iceland, Georgia, Canada, and Norway. Other coins supported in the platform include Zcash, Dash, Bitcoin, and other crypto coins.
The right cloud mining services should be secure, offer excellent hash rates, and be free from scams. To find such a site, you can read online reviews and check their trust score from sites such as Trust Pilot. Check our list of the Best Cloud Mining Sites.
We recently discovered eight deceptive mobile apps that masquerade as cryptocurrency cloud mining applications (detected by Trend Micro as AndroidOS_FakeMinerPay and AndroidOS_FakeMinerAd), where users can earn cryptocurrency by investing money into a cloud-mining operation. However, upon analysis, we discovered that these malicious apps only trick victims into watching ads, paying for subscription services that have an average monthly fee of US$15, and paying for increased mining capabilities without getting anything in return. We have reported our findings to Google Play, and the apps have been promptly removed from the Play Store.
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