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As more players enter the cryptocurrency space, mining becomes more complex and requires more computing power. As a result, many people who used to mine cryptocurrencies using their own hardware are now finding it unsustainable due to high electricity bills and hardware wear and tear. Therefore, cloud mining has become an attractive option.
What is cloud mining?
Cloud mining is a mechanism that uses rented cloud computing power to mine cryptocurrencies such as Bitcoin, without installing and directly running hardware and related software. Cloud mining companies allow people to open accounts at a basic cost and participate in the cryptocurrency mining process remotely, making mining accessible to more people around the world. Since this form of mining is done through the cloud, issues like equipment maintenance or direct energy costs are reduced. All in all, if you want a truly hands-free investing experience, then cloud mining is for you.
How to start cloud mining?
Keen to try cloud mining? Here are the basic steps you need to follow before getting started.
CGMD miner is a popular and powerful cryptocurrency mining platform and an excellent resource for earning passive cryptocurrency income. The platform is one of the world's leading mining companies and your trusted partner. To take it to the next level, CGMD miner introduces a free bitcoin mining program that lets you earn bitcoins passively. They promise to open Bitcoin mining to everyone, regardless of technical knowledge or financial resources, with no strings attached. Once you have mined 12 USDT worth of bitcoins, you can transfer them to your account and trade
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