Crypto investors frustrated by market volatility are turning to cloud mining. Quid Miner’s new mobile app claims to turn idle assets into daily income with no hardware, no trading, and minimal effort.
📕 What Happened:
Quid Miner, a UK-based cloud computing platform, launched a new mobile app on July 4 aimed at mainstream crypto users seeking passive income.
The app allows users to invest in predefined mining contracts for Bitcoin, Ethereum, Dogecoin, and other major cryptocurrencies. Mining operations are handled remotely via the cloud. Users receive daily payouts based on contract terms—ranging from $0.60 per day to over $1,800 depending on investment size.
The platform says it has already onboarded over 5 million users across 180+ countries, offering plans from as low as $100 to as high as $100,000. All operations run on clean energy, according to the company.
📊 Market or Technical Insight:
Cloud mining isn’t new, but investor interest in yield-generating crypto models has spiked amid low spot price action and high regulatory uncertainty. Traditional “hold and wait” strategies are proving less reliable in a volatile macro environment.
Quid Miner markets itself as a compliance-first, UK-regulated platform. It emphasizes:
- Full transparency (no hidden fees),
- McAfee® and Cloudflare® security protection, and
- Real-time tracking via mobile for both iOS and Android.
Here’s a snapshot of popular contract offerings:
| Contract Type | Investment | Term | Daily Income | Total Return |
|---|
| Free Trial | $0 | Ongoing | $0.60 | Free |
| BTC Basic | $100 | 2 Days | $4.00 | $108 |
| DOGE/LTC (LT6) | $500 | 7 Days | $6.00 | $542 |
| BTC (M60S) | $2,700 | 18 Days | $35.37 | $3,336.66 |
| BTC (HD5) | $100,000 | 50 Days | $1,820 | $191,000 |
Each contract has fixed daily returns. Profits are automatically credited to users’ accounts and can be monitored via the app.
💬 Quotes Section:
A Quid Miner user, identified only as Ali, shared his experience:
“It is too passive to keep the coins in the wallet and wait for the market.”
After investing, he claimed to earn over $5,000 in net daily income within 24 hours.
Note: This is a user-submitted statement and not independently verified.
📈 Investor Angle:
The platform appeals to both small retail investors and larger crypto holders seeking consistent yield. For risk-conscious traders, Quid Miner’s model offers a hands-off path to generate daily income from crypto assets, especially in sideways markets.
However, investors should always evaluate risk. While the platform claims regulatory standing, cloud mining historically carries trust issues. Platforms offering high returns with little oversight have failed or scammed users in the past.
Still, for users unwilling to trade or stake assets in DeFi, this app adds a new way to potentially monetize holdings—or at least test earning models without needing hardware or coding skills.
🔚 Conclusion:
Quid Miner’s mobile launch targets a growing demand: turning crypto into predictable income. With MiCA, SEC pressure, and spot market fatigue reshaping how investors view risk, passive mining apps like this could carve out a niche.
But with big promises come big questions—can Quid Miner deliver consistent returns at scale in a fully compliant way? That remains to be seen.
