Cloud mining or cloud hashing allows users to purchase hardware mining capacity in remote data centers for an agreed pre-set time. Actually, it is a rental or lease of computing capacity that avoids the acquisition of mining hardware and software, power consumption and bandwidth, among other requirements of owning a mining center. The advantages of … Read moreWhat is Cloud mining
The mining process of Bitcoin and many other cryptocurrencies is called mining. This is one of the cornerstones of cryptocurrencies that distinguish them from fiat and other electronic currencies. Mining cannot be compared to the usual seal of money, because it has certain functions. And the most important thing is that mining can be done … Read moreWhat is mining with simple words?
Groups are a way in which miners, whether on the job test (mining group or mining pools) or participation (participation or staking group), work together to increase efficiency and convenience while dividing the rewards. In the case of proof of work, the miners pool their resources and share their computing power while distributing the reward … Read moreWhat is Mining pools
Simplified step-by-step instructions for beginners: Step 1: Define the budget; Step 2: Choose a currency for mining; Step 3: Equipment selection; Step 4: Pool selection. Before you “get involved” in mining at all, you need to think about your starting capital. Mining on a computer or laptop is only a way to get acquainted with … Read moreMining: Easy start for beginners
For two years, I had a cryptocurrency mining machine and I didn’t even know it. Currently, I have two of the most powerful graphics cards you can buy right now – the GTX 1080 and GTX 1080 Ti – which turn out to be the best graphics for cryptocurrency. Cryptocurrency is basically the process of … Read moreHow to earn money by mining bitcoins and other cryptocurrencies from scratch