{"id":30960,"date":"2026-04-30T13:44:21","date_gmt":"2026-04-30T13:44:21","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=30960"},"modified":"2026-04-30T13:45:23","modified_gmt":"2026-04-30T13:45:23","slug":"cloud-mining-guide-on-cloud-mining-and-its-profitability","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability","title":{"rendered":"Cloud mining: guide on cloud mining and its profitability"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#how_cloud_mining_works\" >How cloud mining works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#cloud_mining_vs_traditional_mining\" >Cloud mining vs traditional mining<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#advantages_disadvantages_and_risks_of_cloud_mining\" >Advantages, disadvantages and risks of cloud mining<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#is_cloud_mining_really_profitable\" >Is cloud mining really profitable?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#cloud_mining_or_scam_signs_to_detect_it\" >Cloud mining or scam? Signs to detect it<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#what_to_check_before_contracting_a_cloud_mining_service\" >What to check before contracting a cloud mining service<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#what_cryptocurrencies_are_usually_mined_in_the_cloud\" >What cryptocurrencies are usually mined in the cloud<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#alternatives_to_cloud_mining\" >Alternatives to cloud mining<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/cloud-mining-guide-on-cloud-mining-and-its-profitability\/#frequently_asked_questions_about_cloud_mining\" >Frequently asked questions about cloud mining<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 8<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>Do you want to <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-cryptocurrency-mining-complete-guide\">mine cryptocurrencies<\/a> but don&#8217;t have space for a server farm in your living room?\u00a0<strong>Cloud mining is your solution<\/strong>: basically, you rent the power of someone else&#8217;s machines to generate crypto without buying a single cable. You don&#8217;t need to be a hardware expert, you just need to be the owner of your keys.<\/p>\n<p>It is important for you to know that\u00a0<strong>you do not mine from home<\/strong>. The hard work is done by a third party in industrial facilities, away from the noise and heat of your home. Even platforms like\u00a0<strong><a href=\"https:\/\/www.nicehash.com\/\">NiceHash<\/a><\/strong>\u00a0make a difference: while traditional cloud mining is renting from a company, they offer a marketplace where you buy power from thousands of individual miners.<\/p>\n<p>The process is straightforward: you choose a plan, contract the power, and\u00a0<strong>receive your share of the rewards automatically<\/strong>. No impossible electricity bills or crazy technical setups. As we always say:\u00a0<strong>the State prints, you safeguard, they mine, and you collect<\/strong>.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-30961 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/2-compressed-6-1.jpg\" alt=\"bitnovo_mining_profitability\" width=\"768\" height=\"526\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/2-compressed-6-1.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/2-compressed-6-1-300x205.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"how_cloud_mining_works\"><\/span><strong>How cloud mining works<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cloud mining works by allowing individuals to rent or purchase a portion of the computing power in a data center configured for cryptocurrency mining. Here is how it typically works:<\/p>\n<ul>\n<li><strong>Choose a reputable cloud mining company<\/strong>. It is important to carry out thorough research and due diligence because, unfortunately, there are many scams in the cloud mining space.<\/li>\n<li><strong>Select a mining package<\/strong>. Cloud mining providers usually offer various packages based on the amount of computing power you want to rent and for how long.<\/li>\n<li><strong>Choose a <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-mining-pool-and-how-does-it-work\">mining pool<\/a><\/strong>. Where the provider joins forces with others to have a better chance of finding blocks and sharing profits fairly.<\/li>\n<li><strong>Pay for the service<\/strong>. Once you have selected your package, you must pay for the service, which is normally done in cryptocurrencies, although some services may also accept fiat currencies.<\/li>\n<li>Once you have paid, the cloud mining service will <strong>set up and maintain the mining hardware<\/strong>, and start the mining process.<\/li>\n<li><strong>Receive mining rewards<\/strong>. The rewards from the mining operation are shared among users according to how much processing power they have. For this step, you will need to set up a wallet that is compatible with the cryptocurrency you want to mine.<\/li>\n<\/ul>\n<p>Forget hundred-page technical manuals.\u00a0<strong>The flow is simple and straightforward<\/strong>: you choose a provider, buy a power plan (<a href=\"https:\/\/www.nicehash.com\/support\/mining-help\/general-help\/what-is-hash-power-and-why-would-anyone-buy-it\">hashpower<\/a>), and they make sure the machines run 24\/7. In reality, three key pieces participate in this game that make everything work:\u00a0<strong>the provider, you, and the mining pool<\/strong>.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-30962 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/1-compressed-6-1.jpg\" alt=\"bitnovo_hashpower_rental\" width=\"768\" height=\"526\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/1-compressed-6-1.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/1-compressed-6-1-300x205.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"cloud_mining_vs_traditional_mining\"><\/span><strong>Cloud mining vs traditional mining<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Do you prefer total convenience or total control?\u00a0<strong>Traditional mining is for those who want to get their hands dirty<\/strong>, buy their own <a href=\"https:\/\/coinmarketcap.com\/academy\/article\/what-is-asic-mining\">ASICs<\/a>, and fight with the electricity bill so as not to depend on anyone. It is pure autonomy, but it requires capital and endurance.<\/p>\n<p>On the other hand,\u00a0<strong>cloud mining is for those who understand that if you can send a message, you can mine Bitcoin<\/strong>. In the cloud, you delegate the technical effort to a third party, gaining incredible convenience in exchange for trusting the honesty and solvency of your provider.<\/p>\n<table style=\"height: 244px;\" width=\"1114\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Feature<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>Cloud mining<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>Traditional mining<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Initial cost<\/td>\n<td><strong>Low<\/strong>. No expensive hardware purchases.<\/td>\n<td><strong>High<\/strong>. Requires buying ASIC or GPU.<\/td>\n<\/tr>\n<tr>\n<td>Technical skill<\/td>\n<td><strong>Beginner friendly<\/strong>. Zero setup.<\/td>\n<td><strong>Requires advanced technical experience<\/strong>.<\/td>\n<\/tr>\n<tr>\n<td>Maintenance<\/td>\n<td><strong>Managed externally by the provider<\/strong>.<\/td>\n<td><strong>You must manage cooling and breakdowns<\/strong>.<\/td>\n<\/tr>\n<tr>\n<td>Electricity usage<\/td>\n<td><strong>Covered and managed by the third party<\/strong>.<\/td>\n<td><strong>Paid directly by the miner<\/strong>.<\/td>\n<\/tr>\n<tr>\n<td>Control<\/td>\n<td><strong>Limited to contract terms<\/strong>.<\/td>\n<td><strong>Total control over equipment and processes<\/strong>.<\/td>\n<\/tr>\n<tr>\n<td>Scalability<\/td>\n<td><strong>Very easy<\/strong>\u00a0(buy more power online).<\/td>\n<td><strong>Difficult<\/strong>\u00a0(requires space and more machines).<\/td>\n<\/tr>\n<tr>\n<td>Risks<\/td>\n<td><strong>Scams, lack of transparency and trust<\/strong>.<\/td>\n<td><strong>Hardware failures and obsolescence<\/strong>.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>While local mining gives you the total freedom of a\u00a0<strong>\u00abhero with private keys,\u00bb<\/strong>\u00a0cloud mining offers you the shortcut to start today. Both seek the same goal:\u00a0<strong>earn rewards<\/strong>, but you decide whether you prefer to be the owner of the machine or the owner of the production.\u00a0<strong>Don&#8217;t let them tell you it&#8217;s complicated<\/strong>, just choose how you want to build your future.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-30963 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/3-compressed-6-1.jpg\" alt=\"bitnovo_cloud_contract\" width=\"1536\" height=\"1024\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/3-compressed-6-1.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/3-compressed-6-1-300x200.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/3-compressed-6-1-1024x683.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/3-compressed-6-1-768x512.jpg 768w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"advantages_disadvantages_and_risks_of_cloud_mining\"><\/span><strong>Advantages, disadvantages and risks of cloud mining<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Cloud mining removes the barriers<\/strong>: no noisy machines, no oven-like heat at home, and no unbearable electricity bills. It is the ideal option to manage everything from your mobile, but beware:\u00a0<strong>just because it&#8217;s easy doesn&#8217;t mean profit is guaranteed<\/strong>.<\/p>\n<p>Here,\u00a0<strong>trust is key<\/strong>. By not having the machine under your control, you depend entirely on a third party. As we always say:\u00a0<strong>\u00abDon&#8217;t let them tell you it&#8217;s complicated, but don&#8217;t let them sell you smoke.\u00bb<\/strong>\u00a0Your profitability depends on the network difficulty and the honesty of the company you rent from.<\/p>\n<table style=\"height: 164px;\" width=\"1119\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Advantages<\/strong><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><strong>Risks<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Low cost<\/strong>: You start without buying expensive hardware.<\/td>\n<td><strong>Danger of scams<\/strong>: Ponzi schemes abound.<\/td>\n<\/tr>\n<tr>\n<td><strong>Zero technical<\/strong>: The provider handles the cables.<\/td>\n<td><strong>Zero control<\/strong>: You depend on someone else&#8217;s decisions.<\/td>\n<\/tr>\n<tr>\n<td><strong>Convenience<\/strong>: No noise, heat, or maintenance.<\/td>\n<td><strong>Fees<\/strong>: Hidden costs that eat into your profit.<\/td>\n<\/tr>\n<tr>\n<td><strong>Scalable<\/strong>: Upgrade your plan with one click.<\/td>\n<td><strong>Contracts<\/strong>: They can be canceled if the market falls.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>The Rebel&#8217;s advice (<a href=\"https:\/\/www.bitnovo.com\/en\">Bitnovo<\/a>)<\/strong>:\u00a0<strong>Investigate before signing<\/strong>. Cloud mining is a great tool, but\u00a0<strong>due diligence is your only real shield<\/strong>. If something sounds too good to be true, it probably is.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"is_cloud_mining_really_profitable\"><\/span><strong>Is cloud mining really profitable?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Let&#8217;s be clear:\u00a0<strong>no one can guarantee you fixed profits in mining<\/strong>. If a platform promises you a daily \u00absalary\u00bb without risk, run in the opposite direction; it is the clearest sign of fraud. Regulators have already warned: in the crypto world, promises of high profitability with \u00ablittle risk\u00bb often end in scams.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30964 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/4-compressed-6-1.jpg\" alt=\"bitnovo_mining_pool\" width=\"1024\" height=\"678\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/4-compressed-6-1.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/4-compressed-6-1-300x199.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/4-compressed-6-1-768x509.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><strong>Real profitability is not magic<\/strong>, it is an equation with many pieces that you do not control. It depends entirely on the price of the crypto in the market, the network difficulty, and the fees charged by the provider. In a bull market everything seems easy, but when prices drop, those long-term contracts can become an obstacle.<\/p>\n<table style=\"height: 215px;\" width=\"1132\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Factor<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>The reality<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>What you should watch for<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Contract price<\/strong><\/td>\n<td>Paying more does not guarantee recovering your money faster.<\/td>\n<td>Sometimes, the rental cost is higher than the value of the crypto you will receive.<\/td>\n<\/tr>\n<tr>\n<td><strong>Hashrate<\/strong><\/td>\n<td>The more people mine worldwide, the smaller your \u00abpiece of the pie\u00bb becomes.<\/td>\n<td>If the network power rises sharply, your contracted plan will yield less than expected.<\/td>\n<\/tr>\n<tr>\n<td><strong>Market health<\/strong><\/td>\n<td>Bitcoin is volatile. It is not the same to receive rewards in a bull market as in a bear market.<\/td>\n<td>If the price crashes, your profits could be worth less than what you pay for the service.<\/td>\n<\/tr>\n<tr>\n<td><strong>The fine print<\/strong><\/td>\n<td>Contracts are not eternal nor guaranteed by law.<\/td>\n<td>Beware of termination clauses: if mining is not profitable for a few days, the provider can close your account.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"cloud_mining_or_scam_signs_to_detect_it\"><\/span><strong>Cloud mining or scam? Signs to detect it<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As more people seek to generate passive income with <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-bitcoin\">Bitcoin<\/a>, cloud mining appears as the easiest entry path. But beware:\u00a0<strong>low barriers often hide high risks<\/strong>. For the Bitnovo Rebel, the key is not just entering the crypto world, but doing so safely. If you don&#8217;t want your investment to end up being the \u00absalary\u00bb of a scammer,\u00a0<strong>open your eyes wide to these red flags<\/strong>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30965 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/5-compressed-5-1.jpg\" alt=\"bitnovo_cloud_risks\" width=\"1024\" height=\"683\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/5-compressed-5-1.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/5-compressed-5-1-300x200.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/5-compressed-5-1-768x512.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<table style=\"height: 345px;\" width=\"1118\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Warning Sign<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>What they tell you (The hook)<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>The reality (What it means)<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Guaranteed profitability<\/strong><\/td>\n<td>\u00abEarn a fixed 10% monthly with no risk whatsoever.\u00bb<\/td>\n<td><strong>Lie<\/strong>. Mining depends on electricity and BTC price. If it&#8217;s fixed, it&#8217;s a Ponzi scheme.<\/td>\n<\/tr>\n<tr>\n<td><strong>Opacity and lack of data<\/strong><\/td>\n<td>\u00abWe are a leading global company\u00bb (but no real names or photos).<\/td>\n<td><strong>No face, no business<\/strong>. If they operate from tax havens and don&#8217;t show their farms, your funds are in danger.<\/td>\n<\/tr>\n<tr>\n<td><strong>Pyramid marketing<\/strong><\/td>\n<td>\u00abEarn more money by inviting your friends than by mining.\u00bb<\/td>\n<td><strong>Run away<\/strong>. Serious companies sell computing power, not referral promises or multi-level structures.<\/td>\n<\/tr>\n<tr>\n<td><strong>Deposit pressure<\/strong><\/td>\n<td>\u00abLimited offer! Only for the next 2 hours.\u00bb<\/td>\n<td><strong>Manipulation<\/strong>. They want you to act on impulse so you don&#8217;t have time to investigate their licenses.<\/td>\n<\/tr>\n<tr>\n<td><strong>No KYC or identity<\/strong><\/td>\n<td>\u00abTotal privacy, we don&#8217;t ask for documents.\u00bb<\/td>\n<td><strong>Anonymity for them, risk for you<\/strong>. They evade the law so that if they disappear, you have no one to claim from.<\/td>\n<\/tr>\n<tr>\n<td><strong>Confusing prices<\/strong><\/td>\n<td>Contracts with vague terms and strange mathematical formulas.<\/td>\n<td><strong>Hidden fees<\/strong>. Models designed to make it impossible to calculate when you will recover your investment.<\/td>\n<\/tr>\n<tr>\n<td><strong>Lack of audits<\/strong><\/td>\n<td>\u00abTrust us, our data is internal.\u00bb<\/td>\n<td><strong>Lack of transparency<\/strong>. Real miners show their wallet addresses and their participation in public pools.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>The Rebel&#8217;s verdict<\/strong>: If you can&#8217;t verify the hardware or legal registration,\u00a0<strong>it&#8217;s not mining, it&#8217;s a trap<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"what_to_check_before_contracting_a_cloud_mining_service\"><\/span><strong>What to check before contracting a cloud mining service<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you decide cloud mining is for you,\u00a0<strong>treat this process like any other serious business<\/strong>. Don&#8217;t get carried away by emotion, use your head, and put each offer through this safety filter.<\/p>\n<ul>\n<li><strong>Verifiable reputation<\/strong>: Don&#8217;t settle for what their website says. Look for independent reviews and confirm if the company is legally registered in a serious jurisdiction.<\/li>\n<li><strong>Real and transparent costs<\/strong>: How much do you pay for maintenance? Are there hidden withdrawal fees? If the numbers aren&#8217;t clear from the start, be suspicious.<\/li>\n<li><strong>Contract fine print<\/strong>: Check the duration and, above all, the termination clauses. Many contracts are canceled if the crypto price falls and becomes unprofitable for the provider.<\/li>\n<li><strong>Payment and withdrawal methods<\/strong>: Always try withdrawing small amounts first. If they put obstacles in your way to get your money out,\u00a0<strong>that&#8217;s not the place<\/strong>.<\/li>\n<li><strong>Real technical support<\/strong>: Send a technical question before paying. If they take days to respond or answer with generic bot phrases, imagine what will happen when you have a real problem.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"what_cryptocurrencies_are_usually_mined_in_the_cloud\"><\/span><strong>What cryptocurrencies are usually mined in the cloud<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Although the market is huge,\u00a0<strong>cloud mining focuses exclusively on projects that require computing power to secure the network<\/strong>. Forget about mining Ethereum (ETH), since its transition to Proof of Stake in 2022, it is no longer mined, it is \u00abstaked.\u00bb These are the basic options you will find in most contracts:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.bitnovo.com\/en\/buy\/bitcoin\">Bitcoin (BTC)<\/a><\/strong>: Due to its extremely high difficulty, cloud mining is for many the only way to participate without investing thousands of dollars in ultra-specialized equipment.<\/li>\n<li><strong><a href=\"https:\/\/www.bitnovo.com\/en\/buy\/litecoin\">Litecoin (LTC)<\/a> and Dogecoin (DOGE)<\/strong>: They are often mined together (merged mining). Using an algorithm called Scrypt, they are very popular options because they are more accessible and faster than Bitcoin.<\/li>\n<li><strong>Ethereum Classic (<a href=\"https:\/\/www.bitnovo.com\/en\/buy\/ethereum-classic\">ETC<\/a>)<\/strong>: After Ethereum&#8217;s change, many miners moved here. It is the preferred option for those seeking the security of the original chain.<\/li>\n<li><strong><a href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-mine-monero-xmr-the-complete-guide-2020\">Monero (XMR)<\/a><\/strong>: The favorite of those seeking privacy. Its algorithm is designed so that almost any processor can participate, making it a low-cost option.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30966 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/6-compressed-4-1.jpg\" alt=\"bitnovo_cloud_scam\" width=\"1024\" height=\"724\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/6-compressed-4-1.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/6-compressed-4-1-300x212.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/6-compressed-4-1-768x543.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"alternatives_to_cloud_mining\"><\/span><strong>Alternatives to cloud mining<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It is important for us to know that\u00a0<strong>there is not just one path to financial freedom<\/strong>. If cloud mining doesn&#8217;t convince you, there are other ways to put your money to work. As we always say:\u00a0<strong>we don&#8217;t promise you everything, we give you the tools so you can do it yourself<\/strong>.<\/p>\n<table style=\"height: 171px;\" width=\"1115\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Alternative<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>How does it work?<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>Why choose it?<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>Direct purchase<\/strong><\/td>\n<td>You buy the crypto (on <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/guide-to-buying-cryptocurrencies-on-bitnovo\">Bitnovo<\/a>, for example) and store it in your wallet.<\/td>\n<td><strong>It&#8217;s the fastest way<\/strong>. No waiting for machines to mine.<\/td>\n<\/tr>\n<tr>\n<td><strong>Local mining<\/strong><\/td>\n<td>You buy your own equipment (ASIC) and connect it at home.<\/td>\n<td><strong>Total control<\/strong>. You are the owner of the hardware and the process.<\/td>\n<\/tr>\n<tr>\n<td><strong>Hashpower Marketplace<\/strong><\/td>\n<td>You buy computing power on open markets like NiceHash.<\/td>\n<td><strong>Total flexibility<\/strong>. You are not tied to a single fixed contract.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-30967 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/7-compressed-2-1.jpg\" alt=\"bitnovo_traditional_mining\" width=\"950\" height=\"634\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/7-compressed-2-1.jpg 950w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/7-compressed-2-1-300x200.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/04\/7-compressed-2-1-768x513.jpg 768w\" sizes=\"(max-width: 950px) 100vw, 950px\" \/><\/p>\n<p>It is vital to understand that:\u00a0<strong>NiceHash defines itself as a hashpower broker marketplace, not as a traditional cloud mining service<\/strong>.<\/p>\n<ul>\n<li>In\u00a0<strong>Cloud Mining<\/strong>, you lease machines from a single company in a closed arrangement.<\/li>\n<li>In the <strong>NiceHash Marketplace<\/strong>, you participate in an open market where you buy power from thousands of individual miners worldwide.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"frequently_asked_questions_about_cloud_mining\"><\/span><strong>Frequently asked questions about cloud mining<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>We know doubts always remain, you just need someone to explain it clearly. Here we summarize the most sought-after answers with the honesty that characterizes us.<\/p>\n<table style=\"height: 141px;\" width=\"1114\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Question<\/strong><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><strong>Rebel&#8217;s Answer<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>What exactly is it?<\/strong><\/td>\n<td>Renting the power of someone else&#8217;s machines to mine without having a single cable at home.<\/td>\n<\/tr>\n<tr>\n<td><strong>Can you really make money?<\/strong><\/td>\n<td>It&#8217;s not a money printer. It depends on the crypto price and network difficulty. It&#8217;s a tight-margin business.<\/td>\n<\/tr>\n<tr>\n<td><strong>Is it safe to contract?<\/strong><\/td>\n<td>Only if you choose companies with a track record and verifiable real farms. If you don&#8217;t control the keys, the risk is yours.<\/td>\n<\/tr>\n<tr>\n<td><strong>Cloud mining vs. NiceHash?<\/strong><\/td>\n<td>Cloud mining is a closed contract with a company. NiceHash is a marketplace where you buy power from thousands of free miners.<\/td>\n<\/tr>\n<tr>\n<td><strong>How do I detect a scam?<\/strong><\/td>\n<td>Distrust \u00abguaranteed\u00bb returns, websites with no real faces, and pressure to deposit quickly.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 8<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>Discover what cloud mining is, how it works, and whether it is really profitable for investing in cryptocurrencies.<\/p>\n","protected":false},"author":12,"featured_media":31175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185],"tags":[],"class_list":["post-30960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-en"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/30960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=30960"}],"version-history":[{"count":3,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/30960\/revisions"}],"predecessor-version":[{"id":31177,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/30960\/revisions\/31177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/31175"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=30960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=30960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=30960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}