How Does Cloud Mining Bitcoin Work?
Put very simply, cloud mining means using (generally) shared processing power run from remote data centres. One only needs a home computer for communications, optional local bitcoin wallets and so on.Cex.ioIn contrast some of the other services on offer, clients can both trade GH/sec and mine using Cex.io. You can choose to generate income by cloud mining, or trade on the GH/sec price variation. Even if you have a sell order on your GH/sec, it continues to mine in the cloud until sold. Profits are shared using the PPLNS (pay per last N shares) scheme and all hash-rates are guaranteed. |
HASH PROFITYou can get your free 200 Kh/s right now! This is limited offer. While this offer is on, anyone can get 7 days of free 200 Kh/s. Mining efficiency is measured in Kh/s because we use Scrypt crypto-algorithm as a basis but as a matter of fact we mine crypto-currencies using different modern algorithms (Scrypt, Scrypt-N, X11, X13, Keccak etc.) that’s why actual mining efficiency of exact currency can differ from other currencies. |
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