# Cloud mining platforms expansion > Live situation record from CLSTR: https://clstr.news/situations/cloud-mining-platforms-expansion > Updated: 2026-08-26T09:57:24.000Z. Sources: 18. Developments: 7. Since late July 2026, cloud-mining services have rapidly expanded their offerings, including fractional ASIC ownership, miner-hosting, and various contract lengths across Europe, Asia, and North America. Major providers such as Bitdeer, NiceHash, BitFuFu, and BeMine operate facilities globally, offering diverse hash-rate options to remove the need for personal hardware or high electricity costs. UK-based SHRMiner has emerged as a prominent provider in the sector. Established in 2018, the company operates over 150 renewable-energy-powered mining farms with more than 600,000 mining units across locations including the United States, United Kingdom, Russia, Switzerland, Iceland, and Canada. SHRMiner has scaled its AI-driven platform to serve over 5.5 million registered members, aiming to provide stable, daily-settled passive income and help users navigate market volatility. As part of its expansion, SHRMiner introduced a free cloud-mining service for holders of major cryptocurrencies such as Bitcoin, Ethereum, Ripple (XRP), Dogecoin, and Litecoin. Managed via a mobile app, this service claims potential daily earnings exceeding $10,700. While companies like LONG DeFi and EX DeFi promote AI-optimized or alternative engagement platforms, industry experts continue to caution that high-yield promises carry the typical risks associated with cloud-mining schemes. Broader market trends show investors increasingly exploring cloud mining, such as FTmining, to generate returns amidst volatility. This interest coincides with shifting political landscapes in the United States, where Donald Trump has proposed that the U.S. become a ‘global cryptocurrency capital.’ ## Timeline ### 2026-08-26: Cloud mining platforms emerge as investment options amid crypto volatility Investors are turning to cloud mining platforms like FTmining and EX DeFi to generate returns amid cryptocurrency volatility and a supply-demand imbalance in the XRP ETF market. 2 sources. https://clstr.news/cluster/cloud-mining-platforms-emerge-as-investment-options-amid-crypto-volatility ### 2026-08-09: SHRMiner expands AI-based cloud mining platform Cloud mining platform SHRMiner has expanded its AI-driven services, offering passive income opportunities for cryptocurrency holders through rentable computing power and a new free mining service. 3 sources. https://clstr.news/cluster/shrminer-expands-ai-based-cloud-mining-platform ### 2026-08-06: SHR Miner expands AI cloud mining platform and launches free service for crypto holders SHR Miner expands its AI cloud‑mining platform and rolls out a free service for BTC, XRP and ETH holders, promising daily earnings up to $10,700 and targeting over 5.5 million users. 5 sources. https://clstr.news/cluster/shr-miner-expands-ai-cloud-mining-platform-and-launches-free-service-for-crypto-holders ### 2026-08-03: SHRMiner launches free cloud mining service for Bitcoin, Ethereum and XRP SHRMiner, a UK crypto platform, introduced a free cloud‑mining service for BTC, ETH and XRP, promising daily returns up to $10,700 and a mobile app for management, though experts advise caution. 4 sources. https://clstr.news/cluster/shrminer-launches-free-cloud-mining-service-for-bitcoin-ethereum-and-xrp ### 2026-07-30: SHRMiner Leads 2026 Cloud Mining Platform Rankings A 2026 guide ranks SHRMiner, BitFuFu, IQMining, Binance Cloud Mining and CCG Mining as top cloud‑mining platforms, noting SHRMiner’s UK base, renewable‑energy farms and beginner‑friendly contracts. 2 sources. https://clstr.news/cluster/shrminer-leads-2026-cloud-mining-platform-rankings ### 2026-07-29: Cloud Mining Platforms Expand Services and Offer High Returns in 2026 Cloud mining services like Bitdeer, NiceHash, BitFuFu and BeMine expand, while UK‑based SHR Miner offers a free service for BTC, XRP and ETH holders promising up to $4,700 daily earnings. 2 sources. https://clstr.news/cluster/cloud-mining-platforms-expand-services-and-offer-high-returns-in-2026 ### 2026-07-27: Cloud Mining Platforms SHRMiner and LONG DeFi Promote Accessible Crypto Yields in 2026 SHRMiner and LONG DeFi market cloud‑mining platforms that let investors mine Bitcoin and other coins without hardware, using renewable farms and AI‑driven tools. 3 sources. https://clstr.news/cluster/cloud-mining-platforms-shrminer-and-long-defi-promote-accessible-crypto-yields-in-2026 --- Cite as: Cloud mining platforms expansion. CLSTR, https://clstr.news/situations/cloud-mining-platforms-expansion