Crypto Currency has been surging in popularity as a form of secured currency. This type of currency can be store online via a wallet or on your computers hard-drive. There mining companies out there that will help you mind for these crypto currencies for a fee. These online mining companies typically offer an annual service, a life time service, as well as ethash.

SHA-256 is the life timing mining service that is offered by both Genesis Mining and HashFlare. These two companies also offer X11 which is an annual service and Ethash. The one difference between these companies is that HashFlare offers a Script service. The biggest distinction between these two companies is that Hashflare will limit you to Bitcoin mining while Genesis Mining will give you more options on where to allocate your resources. We have created a chart that highlights the difference between each mining speed. 1 kH/s means it will mine 1,000 hashes per second.

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• 1 MH/s is 1,000,000 hashes per second. (mega)
• 1 GH/s is 1,000,000,000 hashes per second. (giga)
• 1 TH/s is 1,000,000,000,000 hashes per second. (tera)

Genesis Mining Plans

Life Time Mining Service (SHA-256)

$190 for 1 TH/s or $19 for 1 GH/s

The following currencies are mineable with this plan are BTC, UNO, BTCD, DASH, LTC, DOGE, and ZET.

X11 Mining Service (2 Years)

$8 for 1 MH/s

The following currencies are mineable with this plan are DASH, BTC, START, LTC, Doge, BTCD, PPC, NMC, Cure and XMR.

Use this code to receive 3% each order:

Life Time Mining Service (SHA-256)

$160 for 1 TH/s or $16 for 1 GH/s.

You are limited to bitcoin on HashFlare.

X11 Mining Service (1 Year)

$6 for 1 MH/s

We have been testing Genesis Mining with their SHA256 service and we were able to make $9 in the month of August with a $180 investment mining various coins. That is $108 dollars a year or a 60% return on our investment.

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If your looking for a different kind of investment with faster returns you can try Bitconnect.

Bitconnect uses a trading robot that trades crypto coins each day and generates between 0.75% and 3% per day. Yes per day. So your bank offers about 0.25% per year and some online banks offer 1% per year Bitconnect offers 0.75% each day. It works a bit like a CD where you have to keep the money with them for 299 days. Minimum investment is only $100 USD and from that you should generate about $0.75 per day which is about $22 per month. So you double your money at that rate in about 4 to 5 months compared to around 18 months with mining. There are many of these types of daily interest offers that are scams and we have tested a few which do not let you take your bitcoin back (bitmagnet is one of these scams) however bitconnect has about $35 million into it and we have tested it and found it to be legit.

Still no reason to dump your life savings in here but with a small $100 or $1000 investment you can make a nice return. The more you invest the less time they hold the investment. Plus you get 7% of the deposit of anyone you refer.

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If you have any questions please feel free to leave a comment on or use our contact page.