Cloud Mining Awareness - Go for Own Hardware Mining

Hi All,
Glad that you took a second to have a look at my article, i assume its gonna be useful for you. As you might have seen or heard, most of the cloud mining are scams. This Article https://faucethub.io/forum/thread/804 clearly explains about the Cloud Mining Scams. They mostly involve buying hash rates or hash powers, buying servers for mining are totally fake. No one is gonna mine for you for free or at cheaper cost. Be aware and stay out of those scams.

1. So what can i do?
   You can buy hardwares or miners that are specially designed for bitcoin mining. Those are reliable devices you can use that for mining. There are wide variants of miners based on algorithms like SCRYPT, SHA256 etc.. Go for the one based on which cryptocurrency you are planning to mine. For example Bitcoin uses SHA256, whereas Ethereum uses Ethash, Monero uses SCRYPT etc. And convenience comes with the cost! These miners are quite costlier to afford and takes longer time to take back the invested amount. But going forward you can start seeing good returns in this. If you have some good money to invest, you can really go for this!

Some of the popular miner hardwares:

AntMiner Series
Avalon6
BPMC Red Fury USB
GekkoScience

1. What if i cant afford a dedicated miner?

      Well, you can go for something called "Webminers". As the name says, these are virtual miners that will mine cryptocurrencies with your devices. These web miners uses your device's hardware to compute and solve hashes and rewards you based on the hashes solved. Based on your laptop, desktop or mobile's power, the earnings may vary. The earnings would be minimal compared to those dedicated hardware miners, but you need not invest anything in this. You can start mining with the device you use. If you are a beginner and not really want to invest actual money, you can go for this.
   

Some of the available webminers:

Faucethub's own miner https://faucethub.io/dashboard/mining: FaucetHub's Miner (Mined amount goes into faucethub account)
Crypto Miner: Cryptominer (Mined amount directly goes into your wallet)

The best time to mine would be at night, just keep your phone on and leave this miners running, you will see a good earnings next day.

Will be adding some more if i found them, until then Safe and Happy Mining :)