Tag: Cloud cryptocurrency mining

Cloud cryptocurrency mining – What is it and how does it work?

In 2017, due to the hype around virtual assets, the traditional method of mining digital currency gained popularity. This includes the use of computer hardware for cryptographic computing. But technology is expensive, not everyone can afford it. Therefore, it is important to understand what cloud mining is. This is how the rental of computing power is used for cryptocurrency mining. This means that adopting this approach does not require you to purchase mining equipment. Intermediaries hire a Hashrate.

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