What Is Cloud Mining of Cryptocurrency

Krutika Adani

Cloud Mining refers to using cloud servers for mining which lets you rent powerful CPUs and GPUs.

You only need to pay for the computing power being utilized by your mining software.

The cost of owning a cloud miner is a lot less than the cost of owning similar mining hardware.

Further, cloud miners have a high uptime and need no maintenance from the user.

The greatest benefit is that you can discontinue mining at any moment you want.