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What is cloud mining?
Cloud mining is a method by which people can join cryptocurrency mining, such as Bitcoin. Individuals pay a fee to select the mining capabilities of a company that has and manages the hardware and the mining procedure. When the rented mining hardware mines a block, the rewards are shared among the users and the company. This method negates the process of individually setting up physical mining hardware, getting a high-speed internet connection, sourcing electricity, and maintaining the hardware.
How Does Cloud Mining Work?
Cloud mining works on the principle of pooled mining. Users acquire a certain amount of “hash power” from a mining farm, which is a remote server facility specialized in crypto mining. The provider gives them access to payouts in return that are based on the hashing power the miners have opted for. This enables individuals in remote regions with little to no physical infrastructure and limited technical skills to
We współpracy z: https://en.cryptonomist.ch/2025/02/17/get-started-beginners-guide-5-best-bitcoin-cloud-mining-platforms/
