is cloud mining?
crypto industry exists through mining, but regular
mining is associated with a decent financial investment.
A compromise option would be cloud mining. It allows
you to earn on cryptocurrencies without spending on
expensive equipment. The basic principle is to get
remote access to the technical bases. In recent years,
the service has become highly in demand, it has many
advantages. Read more about the best
are the benefits of cloud mining
The concept can be described in different words, we
offer you the simplest and most straightforward option.
It is about the process of mining cryptocurrency in
order to earn money. The complexity of mining is constantly
increasing due to the increasing complexity of the
blockchain software code. That doesn't mean you can't
enter the market, just that the process will become
noticeably more complicated.
market for miners has now moved to an oligopoly stage.
Several large pools are vying for production. The
search for blocks has become more complicated, there
is active construction of huge factories with powerful
computing systems. But you can look at the question
from another angle - if bitcoin mining already requires
factories, this cryptocurrency really is the future.
every miner can afford to open his or her own factory.
For this reason, relatively small companies are created,
which are constantly increasing their capacity by
attracting external investment. People work without
impressive investments in cards, asics and earn income.
Businesses buy iron and rent it out. They get a stable
profit for these services, and the miner can earn
without a huge investment. Everyone stays in the black.
Let's say at once - you will not get golden mountains
on cloud mining, but for the start, additional earnings
option will be interesting. Remote cooperation has
the following advantages:
process of mining is organized by the equipment lessor;
threshold of participation is modest - from 10 dollars,
depending on the policy of a particular company;
requests to provide real information about the tenant;
need to sell the house to buy the farm;
stays with the miner after the contract is completed;
investor does not suffer from regular electricity
costs, software setup, low iron power is not his problem
just need to choose a proven cloud mining service
and start working with it. With the initial investment,
things will go faster.