Latest news with #PAIRMiner
Coin Geek
6 days ago
- Business
- Coin Geek
Cloud Mining in 2025: Recent developments promises, pitfalls
Getting your Trinity Audio player ready... Cloud mining has surged in popularity as a seemingly accessible way for individuals to mine cryptocurrencies like BSV and BTC, without investing in expensive hardware or managing complex setups. Users can earn a share of mined coins with minimal effort by renting computational power from remote data centres. Recent developments in 2025, driven by a bullish crypto market and pro-crypto policies, have brought renewed attention to cloud mining platforms like Zaminer, HashFly, and PAIRMiner. However, alongside these advancements, warnings about scams, profitability challenges, and centralization risks highlight why cloud mining often fails to benefit users as promised, making on-site mining a more reliable alternative for those seeking control and long-term value. The cloud mining boom in 2025 The cryptocurrency market's recovery, with BTC breaking $94,000 in January 2025 and BSV climbing to $59.53, has fueled interest in cloud mining. Platforms have capitalized on this momentum, launching new services and promotions. On May 19, 2025, Zaminer, a U.K.-based cloud mining platform, announced its eco-friendly approach, using solar and wind energy across 100+ data centers in Europe, North America, and Asia. Zaminer emphasizes high-efficiency NVIDIA and AMD GPUs, requiring no user hardware management, positioning itself as a sustainable and accessible option. Similarly, HashFly launched 'cutting-edge' mining solutions on the same day, promising high hash rates and optimized energy use for Bitcoin and Ethereum mining. DNminer also debuted cloud mining services for Bitcoin and XRP, offering flexible plans to suit various budgets. These platforms highlight the allure of cloud mining: no need for costly ASIC miners (priced at $1,000-$10,000) or technical expertise. For BSV, with transaction fees under $0.0007 and unbounded block sizes (up to 2GB), cloud mining providers like PAIRMiner, which offered a $150 signup bonus on May 7, 2025, tout the potential for frequent small rewards, appealing to investors betting on price growth. Posts on X reflect this enthusiasm, with VN Bit Cloud's launch on May 20, 2025, promoting a 79% bonus to enhance accessibility. The Trump administration's pro-crypto policies, including designating Bitcoin and XRP as strategic reserves, have further boosted investor confidence, driving cloud mining's appeal. The dark side of cloud mining Despite the hype, recent warnings underscore cloud mining's pitfalls. On May 15, 2025, Brave New Coin reported that cloud mining scams, such as Tophash and GlobaleCrypto, continue to proliferate, defrauding users with false promises of high returns. These scams often mimic legitimate platforms, using fake testimonials and unrealistic profit projections. A 2024 CryptoCompare analysis found that many cloud mining contracts for BSV and BTC yielded negative returns after one year, with maintenance fees (e.g., $0.01 per GH/s daily) often exceeding earnings, especially at BSV's current ~$35 price; CoinGecko, 2025. Transparency remains a critical issue. Users have little visibility into hash power allocation or operational efficiency, relying entirely on providers. In 2023, a major cloud mining platform faced lawsuits for failing to deliver payouts, with users losing thousands. Centralization is another concern. Cloud mining concentrates hash power in third-party data centers, contradicting BTC's decentralized ethos, prioritizing data integrity and sovereignty. This centralization risks hacks or shutdowns, as seen in a 2022 case where a provider abruptly ceased operations, leaving users empty-handed. The case for on-site mining On-site mining, where users operate their own hardware, offers a compelling alternative. While requiring upfront investment—ASICs for BSV cost $1,000-$10,000—users gain full control, enabling optimization of hardware and pool selection (ASIC Miner Value, 2025). BSV's high-throughput model allows miners to process thousands of transactions per block, earning consistent fees despite diminishing block subsidies. A 2025 Association study estimated break-even within 18-24 months for on-site miners, far outperforming cloud mining's uncertain profitability. On-site mining also bolsters BSV's network security, critical given its low hash rate (BitInfoCharts, 2025). Miners contribute directly to decentralization, reducing the risks of attacks. Additionally, on-site miners can leverage BSV's enterprise applications, like timestamping or smart contracts, for extra revenue (BSV Blockchain Association, 2024). Renewable energy options, such as solar, further lower costs, with U.S. electricity averaging $0.12-$0.20 per kWh (EIA, 2025). Challenges and outlook On-site mining isn't without challenges. High initial costs and noise pollution, reported in rural U.S. communities in 2025, pose barriers. Technical expertise is also required, unlike cloud mining's simplicity. However, declining ASIC prices (under $2,000 for used models) and online tutorials make it more accessible (ASIC Miner Value, 2025; Reddit, 2025). Cloud mining's recent developments highlight its appeal but mask persistent issues: scams, high fees, and centralization. For BSV miners, on-site operations align better with the network's scalable, decentralized vision, offering control and profitability. As the crypto market matures, users must weigh cloud mining's convenience against its risks, opting for on-site mining to truly benefit from their efforts. Watch | Bitcoin mining in 2025: Is it still worth it? title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen="">
Business Upturn
31-05-2025
- Business
- Business Upturn
PAIRMiner Makes Bitcoin Mining More Accessible Amid Market Surge
Image by PAIRMiner STUTTGART, Germany, May 31, 2025 (GLOBE NEWSWIRE) — As Bitcoin prices rise past key resistance levels, investor interest in digital assets is once again on the upswing. PAIRMiner, a cloud-based cryptocurrency mining platform , is helping individuals tap into this renewed momentum by offering easy access to mining without the need for hardware, technical skills, or large upfront capital. With a free sign-up bonus of $150 in cloud computing power, PAIRMiner allows users to begin earning Bitcoin through rented hash power, bypassing the traditional barriers to entry associated with crypto mining. 'We created PAIRMiner to empower anyone from crypto enthusiasts to first-time investors to participate in digital asset mining safely and easily,' said a spokesperson for PAIRMiner. 'As the crypto market evolves, our goal is to democratize access to mining profits through compliant and scalable technology.' PAIRMiner offers a range of contract options tailored to various investment levels and mining goals. Users can monitor their earnings through a clear, visual dashboard, and receive daily payouts as long as their contracts remain active. Certification and Compliance As a leader in industry certification and compliance, PAIRMiner is regulated by the UK Financial Conduct Authority (FCA) and follows the highest international standards to ensure platform security and compliance, providing reliable protection for investors. Key features of PAIRMiner include: No hardware or technical knowledge required Instant access to cloud-based mining tools $150 sign-up bonus for new users Flexible contract terms for different budgets Real-time income visualization and daily earnings Ready to earn daily? Join PAIRMiner and start mining now! As retail interest in Bitcoin grows alongside institutional momentum, platforms like PAIRMiner offer retail investors a new avenue for portfolio diversification and passive income generation. About PAIRMiner Founded in 2009, PAIRMiner is a cloud mining service provider dedicated to simplifying cryptocurrency mining for everyday users. With a mission to make mining safe, transparent, and accessible, PAIRMiner provides a compliant platform backed by secure infrastructure and an intuitive user experience. The company is currently expanding its services globally to meet rising demand in the digital asset space. Media Contact:HeindrovaPAIRMiner [email protected]
Business Upturn
31-05-2025
- Business
- Business Upturn
PAIRMiner Launches $150 Cloud Mining Incentive as Institutional Bitcoin Holdings Reach Historic Levels
Amid a surge in institutional Bitcoin investments, PAIRMiner introduces a free cloud mining offer to make crypto access easier for everyday users . Image by PAIRMiner LOS ANGELES, May 31, 2025 (GLOBE NEWSWIRE) — Cloud mining platform PAIRMiner today announced the launch of a $150 cloud computing power incentive for new users , a move aimed at expanding access to cryptocurrency mining as Bitcoin adoption accelerates globally. The announcement comes as major institutional investors continue to increase their exposure to Bitcoin. Recent reports indicate that large-scale accumulations—such as the one attributed to MicroStrategy founder Michael Saylor's firm—have pushed institutional Bitcoin holdings to record highs, signaling strong confidence in the long-term value of the cryptocurrency. In this context, PAIRMiner's new user incentive seeks to lower the barriers to entry for everyday individuals looking to participate in crypto mining without the need for technical equipment or expertise. 'We believe the future of cryptocurrency should be inclusive,' said a spokesperson for PAIRMiner. 'By providing an accessible, hardware-free mining solution, we're helping more people benefit from the evolving digital asset economy.' New users who register on will receive $150 in free cloud computing power, allowing them to begin mining immediately. Users can earn cryptocurrency through daily automatic settlements and have the option to reinvest or withdraw once their cumulative profits reach $150. PAIRMiner is registered under FCA oversight and supports multiple leading cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform also features a referral program that rewards users for expanding the network, aligning with its community-focused growth model. Choose a suitable mining contract and start to get a stable daily income. With Bitcoin prices hitting new highs and global institutions expanding their crypto portfolios, PAIRMiner aims to bridge the gap between professional mining and everyday participation. About PAIRMiner Founded in 2009, PAIRMiner is a cloud-based cryptocurrency mining platform committed to making digital asset earning more accessible. The company leverages advanced infrastructure and user-friendly tools to provide secure, low-barrier mining services globally. PAIRMiner operates under financial regulatory supervision and supports multiple mainstream cryptocurrencies. Media Contact:HeindrovaPAIRMiner [email protected]
Associated Press
28-05-2025
- Business
- Associated Press
Bitcoin Whales Strike Again, PAIRMiner Reports Surge in User Registrations as Public Seeks Digital Asset Dividends
PAIRMiner Image LOS ANGELES, May 28, 2025 (GLOBE NEWSWIRE) -- PAIRMiner, a UK-registered cloud mining platform, today announced a 35% surge in user registrations over the past 30 days, citing growing public interest in digital assets spurred by renewed Bitcoin activity from major institutional investors. The uptick highlights how individuals are increasingly turning to accessible platforms like PAIRMiner to capitalize on rising crypto market momentum. This announcement comes on the heels of widespread speculation around institutional moves in the Bitcoin space. As key market players like Michael Saylor of MicroStrategy signal major investment plans, retail users are also flocking to platforms that offer safe and simple ways to participate. 'We've seen a clear uptick in activity from everyday users who want to take part in the crypto space without needing technical expertise,' said a spokesperson for PAIRMiner. 'This growth reflects a broader shift toward inclusive financial tools that enable users to benefit from the digital asset boom.' To meet this rising demand, PAIRMiner continues to enhance its platform features, offering new users $150 in complimentary cloud computing power at sign-up and supporting daily mining payouts. Users can mine major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all without needing to purchase or manage mining hardware. Key Features of PAIRMiner: About PAIRMiner PAIRMiner is a cloud-based cryptocurrency mining service registered in the United Kingdom. Designed for accessibility and transparency, the platform eliminates traditional entry barriers by offering users free initial mining power and simplified tools for generating digital assets. With added services like wallets and staking, PAIRMiner empowers individuals to build long-term crypto strategies. Media Contact: Heindrova PAIRMiner [email protected] Photos accompanying this announcement are available at
Business Upturn
23-05-2025
- Business
- Business Upturn
Bitcoin Hits All-Time High of $109,400; PAIRMiner Highlights Increased User Interest in Cloud Mining
PAIRMiner Image LOS ANGELES, May 23, 2025 (GLOBE NEWSWIRE) — Bitcoin has surged to a new all-time high of $109,400, marking renewed optimism across the cryptocurrency market. This growth comes amid easing global economic tensions and a temporary trade agreement between China and the United States, which has contributed to an improved investment climate. Over the past month, Bitcoin has increased more than 26%, with market analysts eyeing further gains toward the $114,000–$120,000 range. As interest in digital assets grows, PAIRMiner, a cloud mining service provider, reports a rise in user participation. The platform enables individuals to engage in mining without technical expertise or hardware ownership by offering simplified mining contracts. Key Features of PAIRMiner: New User Offer : Eligible users can receive $150 in complimentary cloud computing power upon registration. : Eligible users can receive $150 in complimentary cloud computing power upon registration. Mining Options : Users can mine supported cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). : Users can mine supported cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). Referral Program : Participants may earn rewards through PAIRMiner's two-tier referral structure. : Participants may earn rewards through PAIRMiner's two-tier referral structure. Operational Disclosure: PAIRMiner states that it is registered in the United Kingdom and operates in alignment with applicable financial guidelines. Illustrative potential earnings based on contract details. According to the PAIRMiner team, the platform is developed with a focus on accessibility and aims to broaden participation in blockchain-based financial tools. In addition to mining, users have access to wallet and staking features designed to support long-term engagement with digital assets. As Bitcoin continues to gain institutional and retail traction, PAIRMiner positions itself as a platform supporting broader participation in the crypto ecosystem. About PAIRMiner PAIRMiner is a UK-registered cloud mining platform that offers accessible, hardware-free crypto mining solutions. It supports BTC, ETH, LTC, and more, helping users participate in the digital asset space through simple, user-friendly tools and services. Media Contact:HeindrovaPAIRMiner [email protected]
