Veröffentlicht: 25.01.2018

Cloud Mining

What does Cloud Mining mean?

Cloud mining was created when it became apparent that with the increasing difficulty of solving the mathematical task, mining became unprofitable for the individual. Expensive hardware and high energy costs play a decisive role in cloud mining.

The perfect way to mine

Cloud mining ensures that people get the fantastic opportunity to participate in the mining process without having to purchase high-performance computers, graphics cards and other equipment. The cloud connects remotely to mine cryptocurrencies such as Bitcoin, Ethereum and other digital currencies.

Technical skills or knowledge of the hardware is not necessary. The user only has to make the decision about the cryptocurrency to be mined and the amount of computing power.

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The supplier provides the hardware and technical knowledge to the cloud. People who want to participate in the mines buy a contract for the appropriate computing power.

This is declared in hashes, for example, mega, gig or terra hashes per second. Each miner decides the amount of computing power to buy, according to the ambition of each miner.

Additional fees may apply, depending on which provider is chosen.

Method and advantages in brief

Basically, the miner buys part of the mining power from a cloud provider and takes possession of that mining power. The cloud miner handles the provisioning and configuration of hardware, maintenance and the most efficient pools.

The benefits of cloud mining are obvious. After contract, the miner gets an immediate connection to the mine. System maintenance is done by the provider. The miner does not require any mining hardware or technical experience.

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Earn Bitcoin with master nodes from 0.015 BTC - For beginners

Recommendation for beginners: Der Masternode Pool Club PoolNode is the little brother of the company GetNode. PoolNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin in size. PoolNode achieves very good results through active management of the pool and continuous acquisition of new master nodes. With GetNode you can participate from 0.2 Bitcoin and with PoolNode from 0.015 BTC.

Earn Bitcoin with Masternodes

Editor's recommendation Der Masternode Pool Club GetNode is the only provider of its kind. GetNode enables its members to participate in a unique Masternode Pool which is already over 100 Bitcoin large. GetNode achieves very good results through active management of the pool and continuous acquisition of new master nodes.

The big comparison - Masternodes vs Mining

What's the best way to make Bitcoin?
In our detailed article on Bitcoin Mining vs. Masternodes, we have compared the different methods of Bitcoin extraction. Bitcoin Mining or Cloud Mining is only worthwhile in very specific market phases. Learn more about this in our article Bitcoin Mining - Masternodes the better alternative!