Topic 5: Introduction to Cryptocurrency Mining - Part 2 | Steemit Crypto Academy by @besticofinder

jensys888 (62)Beginner[1,2]in SteemitCryptoAcademy • 4 years ago (edited)

What is Cloud Mining?

Introduccion.

Cloud mining has become so popular these days, mainly cloud mining is usually easier because I don't have to buy machinery and configure all the equipment to work in optimal conditions, companies do it by ticket

We have to take into account many risk factors and many advantages to invest or spend both time and money on these platforms, since both are essential to live day to day.

we tell a little about them something short but well explained so that everyone understands it thanks to the administrators @besticonfinder grandmaster and administrators @ steemcurator01,
@ steemcurator02 for this really important initiative for everyone.

What is cloud mining?

Source

Cloud mining is the purchase of contracts through a platform that allows you to establish connections to both your software and your information from servers or facilities that these companies may have.

This mining modality is born out of the need of many users who want to work in this way and already with all the relevant information are experienced in the subject and take the next step of hiring these platforms.

This mining works in such a way that the user chooses the package that suits him, since each one has different mining power and prices that are paid with BTC.

once they reach an agreement with the platform they proceed to connect to the equipment and mine the coin.

after paying for the package the platform gives access to the client to connect to its network platform on rent for the time that was already paid.
all this is relative since some platforms work by % together with the client and other platforms you can work with any device connected to the internet.

What are the best cloud mining platforms?

Source

I haven't really tried any mining platform but in my research these are the safest in my opinion

Genesis Mining

to mine Bitcoin and Ethereum. is working since 2014 with a high reputation are almost always updating its platform, websites, social networks, this creates security in the investor or customers, this strategy they use to put this company in one of the first places to mine in the cloud so I recommend it.

NiceHash

hire mining power or rent the computing power of your PC.
this company not only sells mining power but also hires mining power and has become one of the best places for many people to mine or sell their computing power.

CCG Mining

the advantage that this company offers is that it mines the following moendas Bitcoin, Ethereum, Zcash, Monero, Litecoin and Dash. and many companies only mine btc it is very interactive and secure.

OXBTC

is a Chinese company that allows very low contracts for beginners up to 1 h/s at very cheap prices is ideal for the beginner and go slowly training for the thicker investment.