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I will not even speak about mining using your CPU, GPU etc. or buying your own hardware specifically for mining as these are all redundant techniques unless you are a millionaire. The maintenance and electricity costs for running your own farm for BitCoin mining in the current times will far far exceed the return.

Don’t be sad, there is still time to get on the bandwagon and start mining your very own shiny Bitcoins!. The answer is simple – Cloud Mining. Cloud Mining works kind of like web hosting. All you need to do is purchase some M Hashes / G Hashes / Peta.. Tera whatever your pocket allows and start mining instantly without worrying about the maintenance costs.

I am myself using two such services. CloudHashing and CEX.IO.

CloudHashing - This is a service wherein you will have to pay upfront as per the package purchased. You will start receiving the mined bitcoins as per your contract (computing power package) to your wallet from the next day.

CEX.IO¬†- With this website, you can start from as low as 0.0000001 BitCoins. This is the ultimate commodity trading website. You can trade bitcoins for computing power and vice-versa. I highly recommend this website as it will get you started in no time and with minimal cost.. or maybe free. If you are trying for the first time and are an absolute beginner, I would suggest you to get FREE BitCoins and use these to trade on CEX…as simple as that, no need to spend a single dime! To top it all, you will also mine DVC, IXC, NMC coins for free.

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