How to choose a reliable cloud mining platform?-MVU Cloud Mining
Cloud computing power refers to a product in which the mining machine's computing power is distributed and leased by the mine operator. "T" is the basic unit of cloud computing power. According to the computing power of Bitcoin's entire network, the digital currency output per T computing power per day can be calculated. After the digital currency is converted into legal currency, the revenue of cloud computing power miners is deducted.
At present, the cloud computing power platforms that ordinary people are exposed to on the market are mixed. By grasping the following three points, you can basically judge whether this cloud computing platform is reliable.
1)First of all, it depends on the main body, mainly to judge whether the hash power platform actively discloses the operating subject behind the platform. You can also use enterprise background query software such as enterprise search to query the company background, and whether the cloud hash power platform has any black history, debt disputes, etc.
The MVU cloud mining (mvu.com) has a global deployment of mining farms around the world, and has invested in several large-scale mines and IDC computer rooms in Asia. The main hashrate is mainly distributed in power resources Sichuan/Yunnan/Xinjiang/Inner Mongolia in China, as well as Kazakhstan/Russia.
The goal of MVU is to make cloud mining not only to cryptocurrency enthusiasts, but also for ordinary users. MVU greatly reduces the input cost of cryptocurrency miners through the method of sharing miner hashrate. There is no need to purchase expensive equipment, and there is no need to waste time for setup and maintenance, so that everyone can participate in cryptocurrency mining.
The clear main body on the one hand means that the platform has a clear responsible person and a high degree of credibility. On the other hand, once a problem occurs, miners as a platform have at least the goal of protecting their rights.
Of course, if it is a domestic cloud computing power miner, it is recommended to choose a platform with a domestic entity, and the entity registered overseas does not have domestic legal effects. For example, although MVU (cloud computing power) platform is registered in HK, there are domestic listed companies as general agents, and the business reputation is very high.
2) Carefully read the terms of service of the platform: The terms of service are the cooperation agreement between the cloud computing power miner and the platform, and it is a contract with legal effect, so users should read the terms carefully, especially the rights and obligations of both parties. The terms must be understood thoroughly.
It should be noted here that there are currently some platforms in the market, such as the Bit Deer platform, whose terms of service clearly state that they do not serve users in mainland China and Hong Kong. This means that users in mainland China and Hong Kong will not be able to purchase products on this platform. As far as legal protection is concerned, this is something that users should be fully vigilant about.
Investigate whether there is a mining farm behind the cloud computing power platform: judging whether a cloud computing power platform is supported by a mining farm is the most critical link. Normal cloud computing power miners can inspect the business structure of the platform. Platforms supported by mining farms should also concurrently engage in mining machine leasing and mining machine hosting related businesses. A single platform that only has cloud computing power business requires users Very vigilant.
Formal cloud computing power platforms are generally willing to proactively disclose their mining conditions to users. On regular cloud computing power platforms, text, images, videos, news reports, etc. are usually provided as auxiliary proofs, which are relatively intuitive.
There is some laws about MVU Cloud Mining.As the operator (MVU Limited) of the MVU cloud mining platform (mvu.vom), our company respects the privacy of service users and website visitors (collectively referred to as "you") and promises to protect your online privacy. According to the user privacy data protection regulations DPA1998 and the core regulations of the EU GDRP, it is necessary to transparently inform users how to use their user personal data.
This proprietary policy covers a large number of rights practices of MVU Limited (hereinafter collectively referred to as "MVU" or "us") regarding the collection, transfer, use, storage and disclosure of your personal information collected or stored through this website, or your participation in Our activities and the exclusive rights and practices of the personal information provided during the activities. This ownership policy applies to information collected when you visit or use our products and services (such as our website, devices, mobile applications, and online services), or when you interact with us.
We may update the privacy policy from time to time. We will post a new privacy policy on this page to notify you of any changes. It is recommended that you review this privacy policy regularly to learn about changes. The changes to the privacy policy will take effect when they are posted on this page.
Please read the following carefully to understand our views and practices regarding your personal information and how we will handle it. By visiting this website, you accept and agree to the practices described in this policy.
Our website may from time to time contain links to the websites of our partner networks, advertisers and affiliates. If you visit any of these sites’ links, please note that these sites have their own privacy policies, and we are not responsible for these policies. Please check these policies before submitting any personal data to these sites.
1. Information Collection
We use your personal data to provide and improve our hosted blockchain and mining services ("Services") and to improve your experience on this website. "Personal data" refers to any information related to an identified or identifiable person. When you create an account for the service, we collect the information you provide to us. We also use various technologies to collect and store information, including cookies, pixel tags, local storage (such as browser web storage or application data caching, databases, and server logs).
By using the service or accepting the terms of our website, you agree to our collection and use of information in accordance with this privacy policy. Unless otherwise specified in this privacy policy, the terms used in this privacy policy have the same meaning as our terms and conditions (posted on mvu.com).
1.1. Account creation information
When you register or create an account for the service on the website, we will collect and use the personal data you provide to us, such as your name, email address, billing information, credit card information, cryptocurrency wallet address, IP address, or others Data that can be reasonably linked to this type of information by MVU, such as information that we link to your MVU account and the services we provide to you. In addition, you also need to choose a unique username and password to register. This information will only be used to access your account. After registering, you can choose to enable Google authentication on the settings page to protect your account. If you need to retrieve your account or password, you can enter the associated email address on the settings page.
If you open an account for your customer as a business user, you need to ensure that you have obtained their consent in advance when you provide information about them. You will provide us with their personal data and that you have informed them of their current privacy Policy and have obtained their consent.
1.2. Log information
MVU collects information sent by your browser ("log data") when you visit our website and log in to your account. This log data may include the following information: your computer’s Internet Protocol ("IP") address, browser type, browser version, pages of the service you visit, time and date of access, time spent on these pages, and other Statistical data. In addition, we may use third-party services such as Google Analytics to collect, monitor and analyze such information in order to improve the functionality of our services. These third-party service providers have their own privacy policies, which explain how they use this information. These third-party service providers can only view and use your personal data when necessary to perform tasks on our behalf, and have contractual obligations to protect this data and use it for disclosure purposes only.
1.3. Payment Information
Your financial account information will be directed to our third-party payment processor. We store your credit card information (blocked data), your encrypted wallet address. Although we can access and retain subscriber information through our third-party payment processors, we may retain this information.
