Last Updated on March 31, 2024 by cryptocreed
Komodo is a built-in Proof of Work protocol which means you can mine this coin. In the world where most coins move towards Proof of stake, some coins like Komodo work on PoW.
The Komodo focuses on privacy and transparency. Komodo is trading on major crypto exchanges including Binance, Kucoin, Huobi, etc.
The article will cover how you can mine Komodo coins using Cloud mining platforms. Nowadays there are limited numbers of Komodo cloud mining platforms but they all are trusted and profitable at some moment.
Let’s check out the top 5 best Komodo cloud mining platforms.
5 Best Komodo Cloud Mining Platforms In 2024
Cloud mining is where you get hash power on rent from a third party. Hence it’s important to choose trusted third-party platforms as there are many scam platforms too. Hence we picked the top 5 platforms for you.
Ecos
Ecos was founded in 2017, it is one of the most trusted cloud mining service providers that is serving more than 100K users from all over the world. The platform focuses on mining coins and also offers other crypto-related products.
The website claims to have legal status to operate a cloud mining service. They have a data center with equipment like Antminer S19j Pro and 200 MW of electricity.
Ecos has a mobile app for iOS and Android, they have more than 100K downloads on the Play Store and 28K downloads on iOS.
Customer support is active 24/7 through live chat and it has Telegram change as well where you can find the latest information and help.
You can use their calculator to calculate how much profit you can generate with Ecost.
Kucoin
Kucoin is one of the largest cryptocurrency trading platforms. It launches a cloud mining pool frequently currently they are running the 9th round or stage of a cloud mining pool.
Kucoin has a telegram group where more than 30K members joined and the group is active so you can get proper help.
First, visit the Kucoin official website and then go to the Cloud Mining page where you can find a list of active mining pools. Choose the pool and enter the purchase details e.g. hash rate and submit the order.
Also Read: Kucoin Arbitrage Bot
Binance
Binance is a cryptocurrency exchange that was launched in the year 2017 and currently, it is the number one exchange as per market cap.
With Binance Cloud mining you will get more fund safety plus better return. You don’t need to worry much as the platform is also very simple to use and you can just start Komodo Cloud Mining within a few clicks.
But to start Komodo Cloud Mining you need to be fast as they run out of hash rate. You know the rush on the premium exchanges. There is a fee of 2.5% which is taken as a mining pool fee and 1.5% as a management fee.
Join using our referral link to save 30% of the mining fee.
BitDeer
With BitDeer you can cloud mine multiple cryptocurrencies including Bitcoin, Decred, ETC, Komodo, etc. It was founded by Jihan Wu, a person who is part of the BitMain team.
BitDeer was founded in the year 2018, they have hosted 5 mining farms across Africa and Europe.
The payout is done daily and minimum payouts of 0.002 BTC or equivalent in other coins. The number of users on the platform is more hence on average daily payout is more than 20 BTC daily.
BitDeer has its mobile apps for Android and iOS devices. But I do not suggest using their app as it has not been updated for a long time and reviews are not good as well.
Hashshiny
Hashshiny is the cloud mining platform that supports almost all major minable coins including Bitcoin, Ethereum Classic, Komodo, and all other major algorithms.
The platform was founded in the year 2018 whereas some sites claim that the platform was founded in 2016 which is wrong.
You can start your investment with a minimum of $10 only. Their mining farm is available in Kazakhstan which uses Hydropower and Wind power.
HashFrog
HashFrog is a new but trusted Bitcoin cloud mining platform that supports coins like Bitcoin, Kadena, Litecoin, Dogecoin, and a few others. To prove their trust they have partnered with companies like BitMain and AntPool.
If you are a newbie then you might be facing any issues or have questions related to their platform. Then the good thing is that they offer 24/7 chat support.
You can deposit or buy a cloud pool worth $5000 without KYC verification. There are withdrawal limits as well for non-KYC verified withdrawals. Minimum cloud mining starts at $10.98 for 3 days plan.
