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Showing posts from January, 2018

Cloud Mining Comes of Age Making Bitcoin Mining Easier

Cloud mining has come of age. Today you can operate from the comfort of your home, without having to invest in a huge data center and still mine Bitcoin or other alternative currencies. Yet like traditional mining operations, there are investments to be made in order to reap rewards. So where is cloud mining headed? The Ins and Outs of Cloud Mining Cloud mining, sometimes called remote mining, is just the same as mining cryptocurrencies, but without needing to invest in hardware yourself. Think of it as piggybacking on professional-grade remote hardware provided by a cloud mining services provider. You could mine Bitcoin. Essentially, cloud mining is a service that you pay for and in return you get “hashing power” hosted in data centers and sold in Gigahash/seconds (GH/s). As a buyer, you will select the desired amount of GH/s and a period of contract you would like to mine for. No requirement for investment There are many reasons to consider cloud mining. The principle reas