Is bitcoin mining free?

For many, mining is a gamble – it’s risky. That risk coupled with the huge outlay turns many potential miners off. However, there is a way to start Bitcoin mining free. It’s thanks to a process called cloud mining. This post breaks down what cloud mining is and how you can find some free cloud mining services. Is Free Mining Legit?

Can you mine bitcoins on a cloud platform?

There are platforms like cryptocurrency exchange StormGain that offer cloud mining. With StormGain, you’re guaranteed to mine Bitcoins daily. It doesn’t require any mining hardware, neither does it drain your CPU or battery level. It works with the StormGain trading app. Once you register to use the platform, you can set up the mining feature.

Can I mine bitcoins without buying hardware?

But, it’s possible to mine smaller units of bitcoins without buying the hardware. There are platforms like cryptocurrency exchange StormGain that offer cloud mining. With StormGain, you’re guaranteed to mine Bitcoins daily. It doesn’t require any mining hardware, neither does it drain your CPU or battery level.

How does bitcoin mining work?

Faster Bitcoin mining hardware is able to attempt more tries per second to win this lottery while the Bitcoin network itself adjusts roughly every two weeks to keep the rate of finding a winning block hash to every ten minutes. In the big picture, Bitcoin mining secures transactions that are recorded in Bitcon’s public ledger, the blockchain.