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Cloud Mining
Cloud Mining is a popular method of cryptocurrency mining that allows individuals to participate in the crypto market without the need for expensive hardware or technical know-how. It involves leasing or purchasing mining power from a remote data center, typically located in regions with low electricity costs. This process enables users to earn cryptocurrencies like Bitcoin or Ethereum without having to manage the complexities of mining rigs and software. Cloud Mining services are provided by specialized companies, offering various contract options to suit different investment capacities. However, potential investors should be cautious, as the sector has seen instances of fraudulent activity. It's crucial to research and select reputable cloud mining companies. This method is an accessible entry point into the crypto world, making it a significant aspect of the blockchain network and cryptocurrency exchange ecosystem.
The Rise of Illegal Crypto Mining Hijackers – And Big Tech’s Response
Cloud vendors are fighting back against cryptojacking, but the hijackers are getting more sophisticated.
Asus Allows Gamers to Mine Crypto With Their Idle Graphics Cards
Taiwan-based tech giant Asus is now letting gamers use their graphics cards to earn a share of profits from cryptocurrency mining.
Genesis Mining to End Unprofitable Crypto Contracts
Cloud mining service Genesis Mining is forcing some clients to upgrade to a five-year subscription or else lose services, it announced Thursday.
Cloud Mining Contracts Are Securities, Says Philippines SEC
The Philippines securities watchdog has warned that it will regulate cryptocurrency cloud mining contracts under existing securities rules.
GMO Internet Eyes August Launch for Crypto Cloud Mining
August is when GMO Internet says it could formally kick off its cloud mining service.
ViaBTC Increases Cloud Mining Fee Citing China's Mining Resource Scarcity
China's crypto mining pool ViaBTC increases its maintenance fee ratio for AntMiner S9 cloud mining contract, citing mining resource scarcity in China.
Bitcoin Cloud Mining Service Collapse Exposes Customer Data
A bitcoin mining service called Cloudminr.io has collapsed, resulting in the loss of bitcoins and the broadcasting of personal user information.
HashRabbit Raises $500k for its Bitcoin Mining Software Solution
HashRabbit, which supplies enterprise-focused software to facilitate the management and security of bitcoin miners, has raised $500,000.
Spondoolies-Tech and Genesis Team Up for Cloud Mining Service
Mining hardware provider Spondoolies-Tech and cloud hashing service Genesis Mining are teaming up on a new bitcoin project.
