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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...


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Joined 14th March 2019