It’s hard to recommend a specific cloud mining company since these companies are more often than not complete scams. However, there are some legit options out there. When I say legit, I don’t mean profitable or reputable, I’m only referring to the fact that they actually own hardware and mine Bitcoins.
What is cloud mining?
Cloud Mining is a process in which you take part in a mining pool and purchase a certain amount of “ Hash Power ”. An equal proportion of profit is distributed among all the participants who take part in the mining pool on the basis of allocated hash power. It allows you to mine cryptocurrency without installing any hardware.
What is cloud mining in 2023?
Cloud mining in 2023 is more simple than ever. With only a quick sign-up, even the most novice of investors can mine cryptocurrency without buying any expensive equipment. Based on our reviews of the best Bitcoin mining platforms, we think ECOS is the top choice for most investors.
Is trustmining a good rig hosting site?
TrustMining is a leading cloud mining operation and has earned a reputation as one of the best crypto mining sites for rig hosting. While Bitcoin mining is supported at TrustMining, this platform specializes in the ETASH algorithm for Ethereum mining.
