Latest news with #cloudmining
Associated Press
16 hours ago
- Business
- Associated Press
Crypto Market Boom Drives Growth for Mining Platforms Like Crypto Mining Firm
Bitcoin recently surged past $100,000, pushing the total cryptocurrency market capitalization above $3 trillion, following a wave of speculative momentum triggered by geopolitical headlines. Amid the market's meteoric rise, cloud mining platforms such as Crypto Mining Firm are seeing renewed interest from investors seeking passive income opportunities without the cost or complexity of traditional crypto mining. Crypto Mining Firm Offers Energy-Efficient Mining Founded in 2021 and headquartered in Preston, England, Crypto Mining Firm enables users to mine cryptocurrencies like Bitcoin and Ethereum through a cloud-based platform powered by renewable energy sources, including solar and wind. This approach helps reduce mining costs and carbon emissions while offering scalability for a global user base. 'Energy efficiency and user accessibility are central to our mission,' said a company spokesperson. 'We want to give everyday users the opportunity to earn through crypto with minimal effort or technical knowledge.' How Cloud Mining Works Cloud mining allows users to rent computing power from remote data centers to mine digital currencies. This eliminates the need to purchase and maintain expensive mining equipment. Crypto Mining Firm users can register quickly, select a mining contract suited to their investment level, and begin earning daily profits. Contracts range from $100 to $49,000, each offering a defined return on investment. Earnings begin accruing the day after purchase, with withdrawals available once the balance reaches $100. Example Contract Options Platform Features Crypto Mining Firm also offers a mobile app and a user-friendly interface that makes it accessible for beginners. The platform is built to provide a stable and secure passive income experience, emphasizing transparency, simplicity and green energy solutions. Affiliate Program Expands Earning Potential Users can also benefit from Crypto Mining Firm's affiliate program by referring others to the platform. Commissions can be earned even without an initial investment, with bonuses of up to $3,000 for active referrals. To learn more, visit Crypto Mining Firm's official website at About Crypto Mining Firm Crypto Mining Firm is a leading global cloud mining platform founded in June 2021 and headquartered in Preston, England. The company specializes in innovative, low-cost cryptocurrency mining solutions with a focus on technological advancement and environmental sustainability. By leveraging advanced hardware, intelligent algorithms and renewable energy sources, Crypto Mining Firm maximizes computing efficiency while minimizing carbon emissions. For more information, visit Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Media Contact Crypto Mining Firm [email protected] ### SOURCE: Crypto Mining Firm Copyright 2025 EZ Newswire
Associated Press
2 days ago
- Business
- Associated Press
Rich Miner Positioned to Capitalize on Market Momentum as Trump Signals Possible Bitcoin Shift
President Donald Trump's upcoming 100-day speech has drawn growing attention from the cryptocurrency world. Even without formal policy action, signaling support for crypto as part of an economic nationalist agenda could further embed Bitcoin into the national conversation—fueling renewed investor enthusiasm. As anticipation builds, Rich Miner, a global cloud mining platform, is emerging as a leading option for investors seeking to capitalize on market momentum and generate meaningful passive income. Why Rich Miner? Founded in 2022 and headquartered in the United Kingdom, Rich Miner is a compliant cryptocurrency investment company specializing in cloud mining. By sharing AI-powered computing resources, users can mine Bitcoin without purchasing costly equipment. The platform prioritizes transparency with real-time daily earnings and has earned the trust of over 5 million users worldwide. Key Features How to Get Started Sample Contracts Conclusion With Bitcoin's resurgence, Rich Miner offers a simple, secure way to tap into crypto earnings—no setup required. To learn more, visit or contact [email protected]. About Rich Miner Rich Miner provides users with a convenient cryptocurrency investment channel, making cloud mining simpler and more efficient. For more information, visit Media Contact Rich Miner [email protected] ### SOURCE: Rich Miner Copyright 2025 EZ Newswire
Coin Geek
2 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="">
Reuters
2 days ago
- Business
- Reuters
HAKA Mining Emerges as Top Free Cloud Mining Platform for Passive Bitcoin Income in 2025
LONDON, United Kingdom, June 3, 2025 (EZ Newswire) -- HAKA Mining, opens new tab, a leading crypto cloud mining platform, is quickly becoming one of the most trusted sources for passive Bitcoin income in 2025 — all without upfront investment. Why Passive Crypto Income Matters in 2025 With inflation remaining high and interest rates from traditional savings accounts at historic lows, earning passive income through cryptocurrency, particularly Bitcoin (BTC), is increasingly appealing. According to Statista, global cryptocurrency users are expected to exceed 800 million in 2024. Among the various crypto income methods, cloud mining stands out for its low barrier to entry and fully automated process, enabling users to mine crypto without hardware or technical expertise. Why HAKA Mining Leads the Pack Ranked the No. 1 free cloud mining service for 2025 by several independent blockchain review sites, HAKA Mining is recognized for its transparency, accessibility and reliable returns. Key Features of HAKA Mining Free to start Guaranteed daily returns Instant, free withdrawals Advanced security Trusted by Millions Worldwide HAKA Mining reports over 6 million users across more than 180 countries. The platform has maintained a reputation for stability, efficiency and transparency, with its user base growing rapidly. Real People, Real Results 'I was skeptical at first, but I made more than $2,400 in just 30 days on the free plan — no deposit, no gimmicks.'— James Carter, schoolteacher, U.K. 'I've tried other mining platforms, and this is the only one that actually delivers instant payouts.'— Maria Gonzalez, crypto investor, Mexico Upgraded Cloud Mining Packages Users can also select from premium packages for enhanced earnings: Visit HAKA Mining's official website for full contract details. How to Get Started Is HAKA Mining Safe? HAKA Mining uses multiple layers of security including: Final Thoughts In 2025, earning passive Bitcoin income with no upfront cost is no longer a fantasy. HAKA Mining offers an accessible, secure and potentially profitable way to grow crypto holdings. Whether you're new to digital assets or seeking to diversify, the platform provides a low-risk path to returns. Founded to democratize access to Bitcoin mining, HAKA Mining offers both free and premium cloud mining services, allowing users of all experience levels to earn cryptocurrency securely and efficiently. About HAKA Mining HAKA Mining is a global crypto asset management platform dedicated to helping users accumulate digital wealth safely and efficiently. We rely on advanced technology and are committed to clean energy to provide smart and sustainable solutions for global investors. For more information, visit The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Media Contact Bertha Tominfo@ ### SOURCE: HAKA Mining Copyright 2025 EZ Newswire See release on EZ Newswire
Reuters
2 days ago
- Business
- Reuters
Rich Miner Positioned to Capitalize on Market Momentum as Trump Signals Possible Bitcoin Shift
CHISLEHURST, United Kingdom, June 3, 2025 (EZ Newswire) -- President Donald Trump's upcoming 100-day speech has drawn growing attention from the cryptocurrency world. Even without formal policy action, signaling support for crypto as part of an economic nationalist agenda could further embed Bitcoin into the national conversation—fueling renewed investor enthusiasm. As anticipation builds, Rich Miner, opens new tab, a global cloud mining platform, is emerging as a leading option for investors seeking to capitalize on market momentum and generate meaningful passive income. Why Rich Miner? Founded in 2022 and headquartered in the United Kingdom, Rich Miner is a compliant cryptocurrency investment company specializing in cloud mining. By sharing AI-powered computing resources, users can mine Bitcoin without purchasing costly equipment. The platform prioritizes transparency with real-time daily earnings and has earned the trust of over 5 million users worldwide. Key Features How to Get Started Sample Contracts Conclusion With Bitcoin's resurgence, Rich Miner offers a simple, secure way to tap into crypto earnings—no setup required. To learn more, visit or contact info@ opens new tab, opens new tab. About Rich Miner Rich Miner provides users with a convenient cryptocurrency investment channel, making cloud mining simpler and more efficient. For more information, visit Media Contact Rich Minerinfo@ ### SOURCE: Rich Miner Copyright 2025 EZ Newswire See release on EZ Newswire
