MyCoinCloud Review

What is MyCoinCloud?

MyCoinCloud is different from the other miners we review here, in that it is a mining pool, rather than a cloud mining company. It is unique as offers merged mining This means that you can mine different coins without a decrease in hashrate. The website is in several languages too, making available to a wide audience.

The history of MyCoinCloud

MyCoinCloud was founded in March 2014 and created by a group of cryptocoin enthusiasts. They offer various currencies to mine and are growing each day.

Cryptocurrencies Offered

MyCoinCloud offers lots of currencies for their customers to mine, such as DigitalNote, QuazarCoin, Fantomcoin, MonetaVerde and Infinium-8 and all of the below:

Payouts

As soon as you start earning with MyCoinCloud, you can withdraw your earnings. You can withdraw to an external wallet or a crypto exchange, such as Changelly.

Pricing and Contracts

MyCoinCloud offers multiple contracts for you to make an investment in and begin mining, in several currencies. This is a good alternative to simply buying currency. There are many options, depending on your budget. However, MyCoinCloud differ from other miners as all of their contracts are lifetime. This means that there is no expiry date, no time limit, the contract is good for as long as it is profitable. This means that as long as your contract is making enough money to pay for itself, it will continue to run. If it doesn't make enough money to cover its running costs, it will be canceled after 14 days. If it becomes profitable again within the 14 days, the contract will continue to run.

Bitcoin Contracts

MyCoinCloud offer four lifetime bitcoin contracts. Each offers different hashrates and costs a different price. Click the tabs below to see each of them. Each of these contracts requires you to have a bitcoin wallet. Bitcoin contracts are currently sold out on MyCoinCloud, check back soon for updates on this.

Check out our bitcoin profitability calculator to see if you can start earning money mining bitcoin.

Ethereum Contracts

As with bitcoin, MyCoinCloud offers four different lifetime Ethereum contracts. Each with different hashrates and fees. Click through the tabs below to see the contracts. An Ethereum wallet is required for your mined funds to deposit into.

Please refer to our ethereum calculator to see if mining Ethereum is right for you.

Zcash Contracts

Like the other currencies on MyCoinCloud, there are four different lifetime Zcash contracts, each with different fees and hashrates. Click the tabs below to see each of the contracts. A Zcash wallet is required for each of these contracts, to deposit your funds into.

Check out our Zcash profitability calculator to see if you can start making money mining Zcash.

Bitcoin Cash Contracts

There are four bitcoin cash contracts, each with different fees and hashrates. Click through the tabs below to view the details of each of the contracts. A bitcoin cash wallet is required by each contract.

Ethereum Classic Contracts

As with the other currencies offered by MyCoinCloud, there are four Ethereum Classic contracts. Each has a different hashrate and different fees. Click the tabs below to see each of them. Each of these contracts requires you to have an Ethereum Classic wallet.

Monero Classic Contracts

As with the other currencies above, there are four contracts for Monero. Each with various fees and hashing power. A Monero wallet is required for your mined funds to be deposited into.

Is it a scam?

Is it a ponzi scheme? Is it legit? Can MyCoinCloud be trusted? They've been going since 2014 and have a massive customer database, with over 1 million people using the site.

Security

MyCoinCloud has an SSL certificate (https) on the website. This means all communications from your browser and the website servers are encrypted. MyCoinCloud offer users two step authentication on their website too, adding extra security when you're logging into the site. For more information on two-factor authentication, visit our frequently asked questions.

Data Centers

Screenshots from MyCoinCloud

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