I've been hearing a lot about cloud
Bitcoin mining recently and I'm curious to understand what it actually is. Could someone please explain the concept of cloud Bitcoin mining to me in simple terms?
6 answers
SumoStrength
Thu Dec 19 2024
These companies own and manage the mining hardware and processes, taking care of all the technical aspects.
StormGlider
Thu Dec 19 2024
Cloud mining offers individuals an alternative way to engage in the mining of cryptocurrencies.
Sofia
Thu Dec 19 2024
In return for using their services, users provide compensation to the mining company.
mia_harrison_painter
Thu Dec 19 2024
This process allows people to participate in mining without the need to own or manage mining hardware.
Isabella
Thu Dec 19 2024
BTCC is a prominent cryptocurrency exchange that also offers cloud mining services.