Jul 25, 2016
What is Cloud mining
Cloud mining is a type of mining where all hard work is done by a remote data center. The power of a data center is shared between the users depending on the amount user invested. Cloud mining is the simplest way of mining since user doesn’t have to maintain it’s own hardware, pay the electricity and take care of the software.
One of the larges Cloud mining providers is Genesis Mining which was founded in 2013. Besides BitCoint they also offer many other crypto currency mining.