Cloud Mining is the process of renting mining power from a remote data center without purchasing the hardware and software required for cryptocurrency mining.
Cloud Mining allows individuals who want to mine cryptocurrencies to benefit from a cloud-based service to minimize their own hardware and software needs. This service involves users renting hardware in remote data centers that provide the high processing power required for cryptocurrency mining. Users perform the complex calculations required for cryptocurrency mining on the servers of these cloud-based service providers. In this way, users save on their hardware and energy costs and can carry out mining activities at lower costs. —
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