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What is Crypto Cloud Mining?

Crypto Cloud Mining is somewhat similar to that of crypto mining with one basic difference. It is a relatively easier ask considering the example of Bitcoin’s mining process. It uses a data center, in a remote location and pooling in the electricity consumed by the processors at associated peripherals. In other words, instead of mining by a particular individual, the process is outsourced or contracted to a third-party, typically an organization who can bear the burden of the cost of electricity and central processing units (CPU), that does all the mining of Bitcoin on behalf of...


Joined 14th March 2019