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About the application:

Cloud mining is the easiest and most effective method to create cash from cryptocurrency mining without buying and maintaining your equipment. It is realized through the lease of the company equipment facilities. Such companies are called cloud mining providers. One of the main advantages of this investment kind is the ability to begin mining with literally two clicks. You just need to choose a contract and buy it. So receive stable passive income without unnecessary risk and difficulties of independent mining! This is when you buy mining facilities for rent for the desired period to earn bitcoin, and the miner company provides the physical availability of equipment, tool, electricity, placement and maintenance on a turnkey basis. You just have to keep the mined bitcoin in accordance with your rented capacity, without wasting time on equipment. ❓ What is cloud mining? Cloud mining is rent of mining equipment hash power. In this case, you do not need to buy expensive mining equipment and do not bear any risks associated with its breakdown. You do not incur extra costs for the hosting and maintenance of equipment, as well as for any malfunction. When you buy a cloud mining contract, you pay a fixed amount for the use of devices located in the bitdeer data center. The main advantage of cloud mining is the fast receipt of BTC to your wallet. You do not need to wait for a pre-order of the mining equipment for more than 6 months and pay for it amounts over $ 10,000. 🔨 How does cryptocurrency mining work? Globally, cloud mining of cryptocurrencies is no various from usual. It also uses computer technology (ASIC farms), which calculates fresh blocks of the crypto network, for which a reward is awarded. The key difference is that each player is not using their own hardware. Instead, he leases the power of a really big company whose equipment mines the crypt, and the tenant receives a commission for this. That is, the miner is only needed to buy power according to the tariff. The company providing cryptocurrency mining services is responsible for everything itself: purchases equipment, configures all equipment, maintains equipment, pays for electricity. The only thing that remains to be done for an ordinary player is selecting the optimal tariff plan for him.