Cloud mining is a process that allows individuals to mine a crypto currency (Bitcoin as the most important one) without needing to own and maintain physical mining hardware. Instead of investing in expensive equipment and dealing with electricity costs, users rent computing power from a remote data center that is equipped with the necessary hardware. Crypto mining needs specialized computers, so-called ASICs (Application-Specific Integrated Circuit), which are usually optimized for single mining algorithms (example: the Bitcoin mining algorithm SHA-256).

Crypto-Hashpower.com provides this ASIC computing power for your mining.

If you purchase one of our offers, you can mine the cryptocurrencies of your choice with the desired hashrate (hashpower). Send us your mining pool information after the purchase, and for the period of time described in the offer you will be mininig your favourite cryptocurrency.

The advantage of cloud mining is that you don't have to invest in expensive ASICs, which can cost several thousand USD and only pay off slowly. You also don't have to worry about the high electricity costs which the ASICs consume. All these costs are already included in the price of Cloud Mining.  There are no hidden costs and no long contract terms. The mining automatically ends after the agreed mining duration.

Absolutely. Crypto-Hashpower.com is the English version of "Kanthashpower.com". For the latter (identifiable by the same logo of a coin with a big "K"), you can find lots of positive reviews on ebay, where our services are to customers around the world. Click here to see for yourself !

Absolutely. Crypto-Hashpower.com is the English version of "Kanthashpower.com". For the latter (identifiable by the same logo of a coin with a big "K"), you can find lots of positive reviews on ebay, where our services are to customers around the world. Click here to see for yourself !

We will of course be notified of your purchase and will then ask you which data you would like to use for your mining pool. You can also send us this data yourself with your purchase. The faster we have your mining pool data, the faster your mining can begin. Sometimes within just a few minutes.

What mining-pool-data do you have to send to us ?

a) If you are using ViaBTC.com, you only have to send us the username and say which crypto-currency you want to mine with ViaBTC. We will sort out the rest for you.

b) If you want to solo-mine Bitcoin with solo ck pool, just tell us and name the Bitcoin wallet-adress you want to use and that you want to use ck pool. If you want a special worker-name, please add this workername, separated with a "." following the wallet-address. 

c) For any other mining pool, please send us an e-mail to [email protected] with the data of at least two mining pools in the following format (example for Fractal Bitcoin), which has the pool address in the first line, next line is your wallet-address for the coin you are mining, third line is the password (if required):

stratum+tcp://solo.solofractal.io:3333

bc1q7rujkfj00cd0fwdrnclt0jjc3j7h79n38hstyf

x

You can, but do not have to send the part "stratum+tcp://" which is often named in front of the pool-address. So in the above example, you could have also send the following pool address 

solo.solofractal.io:3333

One of the most reliable mining pools for most purposes and crypto-currencies is ViaBTC.com. You can use it for solo-mining or normal pool mining. You can even switch between solo-mining and normal poolmining with a mouse-click. If you need help during setup, just let us know. 

Another recommended pool for solo-mining Bitcoin is solo ckpool. For mining a variety of coins, f2pool.com offer various options as well.

Of course, we are happy to support you in your first steps in crypto mining to the best of our ability. We can help you select mining pools and research the necessary data to support you. As a rule, however, we need a wallet address for the cryptocurrency you want to mine. We can also help you with this if necessary. Please contact us by e-mail if you have any questions.

This is certainly an option. However in most cases a completely different approach to mining. You would have to invest in expensive ASIC-miners first, provide enough electricity at a cheap enough price and take care of them during day- and nighttime. They need constant monitoring and repairs from time to time. For every assistance from a third party, you would normally have to pay. This is why Cloud Mining may be an easier approach to get into Bitcoin mining.

In solo mining, an individual uses their own hardware to try to solve cryptographic puzzles on the Bitcoin network. This involves competing against all other miners to add new blocks to the blockchain. You are mining independently for your own then. Of course, solo mining can also be done if you are using cloud mining with our service. It is actually been done by most of our clients.

If you engage in solo mining, you try to find a so-called block using all of the the hash power available to you. As you know, ASIC miners solve a variety of computational tasks during crypto mining. With a bit of luck, you will solve the rare task that leads to a solution which is rewarded with a so-called block reward. The probability of finding such a block varies depending on the cryptocurrency you are mining. The lower the probability of finding a block, the greater the reward for the finder. For Bitcoin, the block reward is currently 3.125 BTC, i.e. worth around €165,000 (as at 22/09/2024). The disadvantage of solo mining is that a reward (a return) is only given if your miner actually finds a block. The advantage is that this reward can be very high and more than compensates financially for the effort expended.

Other coins interesting for solo mining are Bitcoin Cash (BCH), XEC, Litecoin and Dogecoin.

In “normal” pool mining, mining for the respective cryptocurrency takes place collectively with other miners. If one of the miners in this community ("pool") finds a block, the reward is divided according to the share that each miner has contributed in relation to their own computing power. There are different calculation methods for this distribution (“PPS”, “PPLNS”, “PROP”). The best way to find out about the details of the distribution is to contact the respective mining pool. The advantage of normal pool mining is that the miner earns regular income from mining. The disadvantage is that these earnings are usually low and often do not cover your own costs. 

Since you provide the pool data and your wallet-address, you as the purchaser are the only person who can access the mining rewards you are making with your Cloud Mining. You do not have to contact any third party for receiving the income that is generated in your mining pool. Crypto-Hashpower.com can in no case control or reach out for your miningprofits, as we are solely providing the hashpower for your mining, but cannot (and do not want to) access to your crypto wallet. This also means you always have to take the necessary precautions to save all your passwords in a safe place you can memorize and/or remember them. Otherwise, your mining proceeds may be lost if you should forget your passwords and can't recover them.

If you solve a puzzle that is rewarded with a block reward, it will be transferred by the mining pool to your wallet (with a small mining-pool fee deducted, normally 1-3 per cent depending on the mining pool).