How does cloud mining work?

Cloud computing Cloud computing is a fast growing trend. Because it offers all kinds of services, such as storage, databases, servers and software. Users can conveniently access these services at any time via the Internet without having to own the corresponding hardware. Basically, cloud mining works like this: Customers invest money in a company that… Continue reading How does cloud mining work?

What is cloud mining?

Mining in the past and today “Mining” describes the process of validating a proof-of-work blockchain. In principle, anyone can take part in this process. All you need is a computer, an internet connection and electricity. However, the industry is now highly competitive. That is why normal computers are usually no longer sufficient for mining. As… Continue reading What is cloud mining?