OXBTC was founded in 2014 by a group of Chinese cryptocurrency investors. OXBTC claim to have the best returns for cloud mining services in the industry. They currently have three main mining farms in Ordos, Mongolia, and Sichuan. Being situated in China provides the advantage of cheaper electricity fees.
They support mining contracts for Bitcoin, ZCash, Litecoin, and Ethereum. Users can pay for the contracts using Bitcoin, Litecoin, or Ethereum. The user can choose from a range of contracts and select the amount of hash power that suits them. Hash power can range from as low as 1THS to 59937THS.
The earnings from mining contracts will appear instantly on the client’s account. There is no holding period and users can withdraw their coins at any time. There is no limit for the withdrawals and they charge 0.0002 to 0.001 Bitcoin fee for each transaction. Bitcoin withdrawal amounts cannot be less than 0.001.
The fees at OXBTC depend on the amount of hashpower purchased by the user and they vary by contract. The fees for each cryptocurrency available to mine are as follows:
● Bitcoin 0.099$ per GH/s
● Litecoin 13$ per MH/s
● Ethereum 16$ per MH/s
● Zcash 1.6$ per H/s
On Top of this OXBTC have some of the lowest electricity fees on the market:
- Low fees for users.
- Good range of cryptocurrencies and contracts for users to choose from.
- Daily payouts of coins mined.
- Payments can only be made for contracts in cryptocurrencies.
- Design of the website is subpar and difficult to find information with