What is cloud mining?
In the crypto mining industry, there is a service called cloud mining. In this article, we’ll examine what cloud mining is, what the best options are, and what different forms of it look like.
In the crypto mining industry, there is a service called cloud mining. In this article, we’ll examine what cloud mining is, what the best options are, and what different forms of it look like.
Cryptocurrency mining is the process of finding new ‘blocks’ in the blockchain by using crypto mining hardware. When a new block is found, transactions made on the blockchain get recorded in that block. That is how a ledger of all previous transactions is created, and why blockchain is also called an immutable ledger. Cryptocurrencies are … Read more
Previously we looked more closely at the Bitcoin Difficulty and what it is. Now we will take a closer look at the ‘hash rate’, what it is and also what it means for the decentralization of Bitcoin.