10 best free bitcoin mining sites to earn free BTC - The first knowledge sharing application in Vietnam

This Post Contains the list of the 10 best Bitcoin Mining Platforms to earn free BTC and is it profitable to mine crypto.

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What Is Bitcoin mining?

Bitcoin mining is the process of creating a new bitcoin by solving a computational puzzle. Bitcoin mining is necessary to maintain the ledger of transactions of the blockchain upon which Bitcoin is based. Miners have become very sophisticated over the past several years, using complex machinery to speed up mining operations.

Bitcoin mining is a lot like a giant lottery where you compete with your mining hardware with everyone on the network to earn bitcoins. Faster Bitcoin mining hardware is able to attempt more tries per second to win this lottery while the Bitcoin network itself adjusts roughly every two weeks to keep the rate of finding a winning block hash to every ten minutes.

Crypto Mining Process

In the big picture, Bitcoin mining secures transactions that are recorded in Bitcon’s public ledger, the blockchain. By conducting a random lottery where electricity and specialized equipment are the price of admission, the cost to disrupt the Bitcoin network scales with the amount of hashing power that is being spent by all mining participants.

Cloud Mining is the process of cryptocurrency mining that utilizes a remote data center with shared processing power. Cloud mining helps users mine Bitcoins or other cryptocurrencies without the need to manage the hardware. The mining rigs are housed in a facility owned by the mining company. The user needs to register and purchase mining contracts to run the mining process on the cloud.

Is mining crypto worth it?

As time goes on, mining Bitcoin becomes more difficult, as more miners compete for the next block reward. Today, Bitcoin mining as an individual is rarely profitable unless someone has access to extra low-cost electricity.

Also, Read El Salvador to Tame Volcanoes for Bitcoin Mining

Below is the list of the Top 10 Bitcoin Mining sites

These sites are picked on the basis of mining capacity and these use less power for the mining of cryptos. Here we will tell you about their Pros, cons, and a little brief introduction to these sites and apps. Some of these software or sites provide free mining while some may charge for mining.

Video on top 10 Bitcoin Mining Sites

Check below different sites and application that offers Bitcoin mining.

1. ECOS

ECOS is the only mining company that operates with legal status. It was established in 2017 in Armenia in the Free Economic Zone and is getting all the power for mining from Hrazdan TPP (Thermal Power Plant). Currently, the company is offering its services to over 200,000 users from all over the world. Besides, ECOS is more than cloud mining.

It is the first full-fledged investment platform with all digital asset products and tools in one ecosystem. It also includes a crypto wallet, exchange, investment portfolios with the most promising coins, and all infrastructure for building your own mining farm.

Features:

Sign up and get a free cloud mining contract for 1 month to test the platform
Convenient calculator on the website for choosing a mining contract with a profitability forecast
Daily payments and detailed transaction history in your account
Withdrawals from 0.001 BTC
ECOS has a convenient mobile app. It is available on App Store and Google Play
Multilingual interface and user support

Pros:

Convenient mobile app
The minimum investment is 25$
Free trial period

Cons:

Not detected

Available on:

Website
IOS
Android

2) Shamining

Shamining is a cloud mining platform that enables you to mine cryptocurrencies without any hardware or skills.

Features :

Currently the most promising investment platform
It enables you to control your miners from any device.
You can calculate your income.
Using this platform is very easy
Environmentally friendly infrastructure.
Mining farms use green energy from wind and solar power plants.

Pros :

Meager minimum investment at $ 500 and Withdrawals from 0.001 BTC
Regulated under FCA, ASIC, and CySEC rules.
Compatible with all computer systems.
It enables you to mine digital currency without using expensive equipment.
Good technical support is offered on a 24/7 basis.

Cons :

Unregulated.

Available on :

Web,
Android
iOS

3) IQ Mining

IQ Mining is a Bitcoin mining software that supports various payment methods, including credit cards, and Yandex money. This application automatically distributes funds using smart contracts.

Read about the Best Bitcoin exchange – Buy Bitcoin with a credit and debit card in 2022

SCRYPT brings $0.37 per day while SHA-256 gives $0.59 per day.

Features:

You can withdraw your money on a daily basis.
Enables you to purchase your contact with ease.
Allows you to trade for cryptocurrencies like Ethereum, Bitcoin, Litecoin, and more.
Provides 24/7 live support.

Pros:

It offers daily payouts with instant withdrawals.
It offers monthly giveaways with valuable prizes from Apple.

Cons:

Non-responsive customer care service.

Available on :

window

4) StromGain

StormGain is a Bitcoin mining software that enables you to invest in digital currency without any hassle. It contains a user-friendly dashboard that helps you to view assets rising and falling. This application contains charting tools to track trends and price movements.

You can read StormGain Review of 2022– Best UK-based Crypto trading platform

Features:

It protects your cryptocurrency in a secure wallet. Exodus crypto wallet review in 2022 – Is it secure?
You can choose the payment according to your desire.
StormGain is available in English, French, Spanish, Italian, etc.
It has an easy sign-up process.

Pros:

User-friendly interface.
It supports a range of cryptocurrency trading
It enables you to mine digital currency without using expensive equipment.

Cons :

Unregulated

Available on :

Website
Android
iOS

5) Genesis Mining

Genesis Mining is a tool that offers cryptocurrency mining functionality. This application provides a variety of mining-related solutions to large- and small-scale investors.

Features:

This software to mine Bitcoin has the fastest bitcoin mining hardware at data centers.
You can easily mine any cryptocurrency mentioned in the catalog.
It is one of the best Bitcoin mining sites that provide periodic mining output to your wallet.

Pros:

Ensures daily payouts for miners.
Does not include added electricity costs.
Easy setup process
You do not require much knowledge to get started.
Offers a user-friendly interface.
This altcoin mining software allows you to mine multiple cryptocurrencies, including Ethereum and bitcoin.

Cons:

There is a lack of customer support as reported by several users.

Available on :

Windows
macOS
Linux

7) Hive OS

HiveOS is a mining platform that enables you to set up mining and control processes more efficiently. It is one of the best mining applications that allows you to Monitor your trading from a single dashboard. The tool provides notifications via Telegram and Discord.

Features:

Monitor data in real-time.
Provides statistics on different algorithms and miners.
It has integrated VPN settings.
You can easily add crypto wallets.
Quickly switch between pools and pool servers.

Pros:

Allows users to set up multi-user access.
Prevents infection of the entire mining farm as common in other miners.
It can keep your GPU near the target temperature.
Offers secure remote access via SSH (Secure Shell).

Cons:

While on the pool, miners can only mine limited cryptocurrencies.

Available on:

Windows

6) NiceHash

NiceHash is an application that enables you to mine and trade with ease. It allows you to manage all your activities remotely. This Bitcoin miner app enables you to check your mining status with ease.

Features:

It provides options to deposit or withdraw cryptocurrency.
This altcoin mining software offers instant notification.
You can manage your profile with ease.
19.32 USD per day if you’re using the BITMAIN AntMiner S17e

Pros:

Mining on autopilot is available.
Very easy to understand the platform
It is intuitive and easy to use.
NiceHash offers a profitability calculator.

Cons:

BTC transfer fees is higher than competitors.

Available on :

Window

8) Minergate

Minergate is software that enables you to mine just with CPU or GPU. This platform allows you to trade various coins such as Bitcoin Gold, Litecoin, Ethereum, Zcash, and more.

Features:

It offers a user-friendly interface.
This cryptocurrency mining software enables you to mine without investing in hardware.
It provides good customer support.
Users can safely deposit coins in their wallets.

Pros:

Automatically finds the optimal currency to mine.
Easy initiation of mining.
You can earn 0.00007 ETH in 1 Hour.
It can determine a more profitable coin for you to mine.

Cons:

A limited list of coins to mine.

Available on

Windows

9) Freemining

Freemining is a Bitcoin mining platform that is accessible to everyone. This cloud mining service allows you to select the amount of withdrawal and receive it instantly.

Features:

This is one of the best mining tools that starts immediately after registration.
Offers instant withdrawal facility.
No hidden fees. Every single transaction is visible to you.
You can earn more by playing games.

Pros

Founded in 2014
Multiple Cryptocurrency supported
Bitcoin, Litecoin, Dogecoin, BCH, XMR, and TRX
Very low risk of fraud

Cons

Lack of supportive customer support

Available on :

Website

10) Ethermine

Ethermine is an easy-to-use crypto-mining software that provides real-time statistics. The tool supports anonymous mining. It also supports third-party apps like Discord.

Features:

It has real-time PPLNS (Pay Per Last N Shares) payout schemes.
This Bitcoin mining program provides accurate mining information.
It offers a professional helpdesk.
Ethermine supports the full stratum.

Pros:

Very user-friendly dashboard and interface.
The pool does not get overloaded with large miners.
It provides notifications in email.
This tool gives a warning upon invalid shares.
The software has an efficient mining engine.

Cons:

The profit calculator and actual profit earned may have large differences.

Available on :

Windows

Conclusion

While new Bitcoin mining software is being developed every year, only a handful grabbed our attention due to their reputation, features, and ease of use.

We chose them as they are open-source platforms that can be used on any computer and practically any mining rig.

Advanced users will like our choice for customization, because of their ability to detect and start idle threads and mine multiple cryptocurrencies, while novices will enjoy a friendly graphical user interface (GUI) and automated hardware detection and mining features, which make it our pick as the best for ease of use.

Bitcoin Mining can be long term and power-consuming process. Mining also depends upon various hardware and software compatibility.

Check the Best Legit Litecoin Faucets list

FAQ

Is Bitcoin/crypto mining legal?

Bitcoin mining is legal in most countries, but several jurisdictions have banned this practice. China, one of the world’s largest economies, has outlawed bitcoin mining. The nation’s government has also prohibited all cryptocurrency transactions.

Is Bitcoin mining profitable?

Despite the sharp pullback in the BTC spot price, the mining model remains highly profitable for most of the leading miners

Can I mine Bitcoin on my phone?

Crypto mobile mining can be performed on iOS and Android systems via solo or pool mining services. Cryptocurrencies like Bitcoin (BTC) are created using a distributed computing process called mining.

How much does it cost to start Bitcoin mining?

You’ll need a powerful computer that uses an enormous amount of electricity in order to successfully mine Bitcoin. It’s not uncommon for the hardware costs to run around $10,000 or more