As of May 9, a renewed optimism has washed over the crypto market as cryptocurrencies turned green following a prolonged bearish trend.

XRP, for instance, has been on the rise, recording a 6.8% rise in the past day. Although XRP price increase follows the general market uptrend, it's also an impact of the impending SEC legal battle resolution and the engagement with Wellgistics, a global healthcare firm.

May 9, 2023

After a prolonged bearish trend, cryptocurrencies are now turning green as renewed optimism washes over the market. For instance, XRP is seen to be rising, now recording a 6.8% increase in the past day.

Although XRP price increase follows the general market uptrend, it’s also an impact of the impending SEC legal battle resolution and the engagement with Wellgistics, a global healthcare firm. Meanwhile, cloud mining is gaining momentum as companies find sustainable energy options, solving a crucial need in the energy-intensive crypto mining industry. Apart from promoting energy conservation, cloud mining provides investors with a lucrative passive income venture. One of these crypto mining companies, VNBTC, further provides a chance for all levels of investors to participate in free cloud mining and diverse money-making opportunities.

XRP Holders Transitioning To Cloud Mining; XRP Price Future Outlook

With the general positive sentiments in the crypto market, XRP bulls are preparing to take the price higher. A popular analyst predicts that XRP could soon hit $2.8, looking at the current momentum and price chart. Coincodex predictions share the same sentiments, expressing that the technical indicators are sending bullish signals. Also, the increasing institutional investors’ involvement and the anticipated XRP ETF could push the price further up.

However, some predictions see XRP entering a consolidation period with a support level at $1.5 before finally gaining momentum. As demonstrated by diverging predictions, the crypto landscape is marked by uncertainty. In contrast, cloud mining offers daily rewards, accumulating to between 100% and 500% monthly returns. As such, cloud mining sites have seen a significant number of XRP holders applying to acquire consistent daily profits.

Fundamentals of Cloud Mining: Renewable Energy

Cloud mining involves pooling funds together to lease mining devices remotely from data centers. As such, through cloud mining companies, users no longer need to purchase costly mining equipment and electricity to set up a physical crypto mining farm. Instead, they purchase mining contracts, starting from as low as $79. By lowering the entry barrier to making money with cloud mining, cloud mining has attracted billions of investors globally.

The allure of cloud mining is magnified by its use of renewable energy sources like solar and wind. It has minimized dependence on forms of energy that contribute to the global carbon footprint. Consequently, cloud mining is cheaper and more efficient, making it the best crypto mining solution.

Top 6 Cloud Mining Sites Offering Daily Payouts; Earn Crypto Remotely

1. VNBTC: Simplicity And Highest Daily Crypto Profits

Currently, VNBTC leads the cloud mining industry with the highest daily mining profits. One of its most popular contracts offers as much as 60% profit in 30 days. VNBTC facilitates mining of several cryptocurrencies, including Dogecoin, Litecoin, Ethereum, Cardano, Solana, Avalanche, and Polygon. Serving over 5 million users, VNBTC offers a stable passive income stream with a transparent process.

Why Do Most Investors Choose VNBTC?

* High daily mining profit: New users can get 100%-500% monthly return

* Simple operation: Even beginners can easily start cloud mining

* Minimum investment: As little as $79 to join

* Fast and efficient payout: Users can apply for withdrawal at any time

* Several cryptocurrencies to choose from: Mine BTC, ETH, LTC, DOGE, and more

* A secure and reliable platform with a long history

Binance, a global crypto exchange, also provides its users with cloud mining services. The platform’s wide user base and reputation make it one of the most trusted crypto service providers.

Key Highlights:

* Widely recognized crypto exchange

* High liquidity and efficient trading services

* Provides cloud mining for BTC, ETH, and other cryptocurrencies

* Structured investment plans with varied terms

* A trusted platform with excellent customer support

2. Bitdeer

Bitdeer cloud mining services include a wide selection of options and well-structured pricing. The platform is known for average high returns and absolute transparency.

Key Highlights:

* A subsidiary of Bitmain Technology, the world’s leading cryptocurrency miner

* Offers cloud mining services for BTC, ETH, and other cryptocurrencies

* A user-friendly platform with responsive customer support

* Structured investment plans with varying levels of risk and return

* Employs advanced technology for optimal energy efficiency

3. BeMine

BeMine cloud mining is popular for offering mining plans for several top cryptocurrencies. The platform has a user-friendly interface and emphasizes transparency.

Key Highlights:

* A comprehensive cloud mining platform with a variety of investment options

* Offers cloud mining services for BTC, ETH, and other cryptocurrencies

* High energy efficiency in its mining operations

* A secure and reliable platform with a long history of operation

* Knowledgeable customer support team available 24/7

4. Bitfufu

Bitfufu focuses on long-term cloud mining plans