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Mining is the act of extracting valuable materials from the earth. In cryptocurrency mining, computers are used to solve complex math problems, called hashes, in order to unlock digital coins stored inside blocks of data. These blocks are then added to secure the network and create a ledger of transactions known as a blockchain.

In order to mine cryptocurrencies, miners use specialized hardware to perform calculations that verify transactions and add them to the blockchain. Miners compete with each other using their computing power to win rewards, including newly created coins.

Hashflare is a cloud-based mining service that offers both CPU and GPU mining options. You can choose between two different plans, depending on how much hashrate you need. Their standard plan starts at $0.10 per kWh, while their premium plan starts at $0.05 per kWh. Both plans offer free transactions, no transaction fees, and 24/7 customer support.

Genesis Mining is a cloud-based miner that offers three different plans. Their standard plan starts off at $0.10 USD per kWh, while their mid-range plan starts at $0 USD per kWh. Their high-end plan starts at $0 per kWh. All three plans offer free transactions, zero transaction fees, and 24 hour customer support.

Nicehash is a cloud-based cryptocurrency mining service that offers both GPU and CPU mining options. You can either use their cloud mining option or purchase their ASIC miners. Cloud mining is only available for Bitcoin, Litecoin, Ethereum, Dash, ZCash, Monero, and Dogecoin. If you want to mine altcoins, you have to buy ASIC miners. Nicehash’s cloud mining contracts start at $25 USD per month.

MinerGate is a cloud-based bitcoin mining service that offers both ASIC and FPGA (Field Programmable Gate Array) mining options. You can select either cloud mining or purchasing individual ASICs. Cloud mining is only offered for Bitcoin, Litecoin and Ethereum. Individual ASICs start at $250 USD.

Genesis Mining Pool is a cloud-based pool that offers both CPU and ASIC mining options. You can join their network using their website or download their software. You can choose between four different plans, depending on what type of hashing power you require. Their standard plan starts out at $0.10USD per day, while their premium plan begins at $0.20USD per day. Their high-performance plan starts at $0USD per day. All four plans offer free transactions, 0% transaction fees, and 24 hours customer support.

Bitfury is a cloud-based blockchain technology company that provides hardware solutions for businesses interested in utilizing blockchain technology. They provide ASIC mining services, hosting, and professional services for companies looking to build their own custom mining rigs.

This is a cloud-based pooled mining service that offers both FPGA and ASIC mining options. They offer five different plans, depending on the amount of hashing power you want to mine. Their standard plan starts with $0.10 per day, while their high performance plan starts at $0 dollars per day. All five plans offer free transactions, free transaction fees, and 24-hour customer support.

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