What Is Cloud Mining In Crypto?

Adekunle Joshua

Cloud mining lets you mine cryptocurrencies like Bitcoin without the hassle of owning hardware

There is no need for hardware installation or direct management; users just have to join a cloud mining platform

Cloud mining companies allow anyone to mine cryptos at a basic cost

This type of mining reduces barriers and welcomes a global pool of participants.

In cloud mining, earnings are proportional to the rented hashing power

Cloud mining combines the power of cloud computing with the backbone of cryptocurrencies.