Cloud mining

Cloud mining lets users mine crypto without owning hardware—rent computing power, earn rewards. Learn the benefits, risks, and compliance tips with Scorechain.

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Cloud mining is a mining technique in which the miner is renting computing power from a provider.

With cloud mining, miners can mine different cryptocurrencies without having to rely on a lot of hardware materials. However, they have to pay for the service provided and get fewer profits from their mining rewards.

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