CRYPTO-MINING
Referral Mining Share
Total 316 BTC
| User-Id | Mine | Date |
|---|---|---|
| 1 | 2 BTC | 07-10-2024 10:08:20pm |
| 97 | 2 BTC | 07-10-2024 09:46:09pm |
| 97 | 2 BTC | 07-10-2024 08:13:33pm |
| 1 | 2 BTC | 07-10-2024 07:07:18pm |
| 1 | 2 BTC | 07-10-2024 07:06:11pm |
Last Mining Payout
Total 164 BTC
| User Id | Mine | Date |
|---|---|---|
| 113 | 12 BTC | 07-10-2024 10:08:39pm |
| 130 | 12 BTC | 07-10-2024 10:03:57am |
| 110 | 18 BTC | 07-10-2024 08:55:42am |
| 110 | 12 BTC | 06-10-2024 08:37:14am |
| 113 | 12 BTC | 06-10-2024 08:22:04am |
What Is Cloud Mining in Crypto ?
Cloud mining is a process where individuals participate in crypto mining without needing to own or manage the mining hardware themselves.
Cloud mining can offer several advantages, especially for individuals interested in crypto mining but may not have the resources or technical expertise to set up their own mining rigs.
The cloud mining space has been rife with scams and fraudulent operations. It's crucial to thoroughly research and verify the legitimacy of a cloud mining company before investing.
What Is Cloud Mining?
Cloud mining is a process where individuals participate in the mining of cryptocurrencies
, such as Bitcoin, without needing to own or manage the mining hardware themselves.
Instead, users pay a fee to rent mining capacities from a company that owns and manages the mining hardware and process. When the rented mining hardware mines a block, the rewards are shared among the users and the company.
The term "cloud mining" comes from the concept of cloud computing, which refers to the use of a network of remote servers hosted on the internet to store and process data, rather than a local server.
Similarly, cloud mining lets users rent a share of the mining capacities of cloud mining companies. The mining takes place "in the cloud," rather than your personal computer.
Useful Information
What is Bitcoin ?
Bitcoin () is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.