Mining in the cloud or cloud mining is a process of mining Bitcoins that is done remotely, in a data center that has shared processing capacity. So that the user can manage their own mine, without having to manage practically anything.
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How does Bitcoin cloud mining work?
The operation of this type of Bitcoin mining is simple. The provider is paid for computing power KGS or GHS (that is, power is leased from the remote servers), which makes it possible to mine 24 hours a day through a remote computer system, depositing the profits in a portfolio of Bitcoins with the possibility of reinvesting them in more power.
Advantages of cloud mining
Well, they are many. The main advantage is that it is possible to mine 24 hours a day, 7 days a week, which considerably increases the profitability of the miner. In addition, it is very easy to use the service since it is practically automatic and the investment is low compared to the investment of a computer for mining.
Disadvantages of cloud mining
The main disadvantage is that many of the companies that provide this service are pyramid schemes or scams. Therefore, we must investigate each of these companies well before investing in them. Likewise, it is advisable to ask in forums other users who use or use the services of the companies in which we want to invest to perform mining in the cloud. Now that you know what Cloud Mining is, you can investigate a little more and start trying different options that will allow you to mine Bitcoins in the cloud with a minimum investment and high profitability.
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Normally you have to enter the wallet of your Bitcoin wallet of faucethub and solve a captcha or image code (to avoid the robots) and thus you get paid.