Hello, everyone. Today, I will give you some common sense of Bitcoin cloud computing power mining.
[This article is organized and published by mkz888z, please feel free to communicate! 】
Ordinary mining is to buy a mining machine to mine by yourself. There are many requirements for this method of mining, such as the cost of the mining machine, water and electricity, maintenance, temperature and so on. Of course, many people feel the trouble of buying mining machines or managing hardware equipment by themselves, but want to invest in Bitcoin mining, then this may be able to use the so-called cloud computing or cloud server to realize cloud mining. Simply put , Cloud mining is the use of shared processing power from a remote data center, we only need to use a networked computer for remote management, and an optional local Bitcoin wallet and so on.
Basic characteristics of cloud computing
Avoid the noise of self-purchased mining equipment;
Save electricity costs;
No equipment cost. When mining stops making profits, there will be no useless equipment;
Reduce or avoid opportunities for mining equipment suppliers to run away.
Types of cloud computing mining
Custodian mining, leasing mining machines hosted by the supplier.
Virtual hosting mining, create a (general) virtual dedicated server and install your own mining software.
Hire the hash function without the need for a dedicated physical or virtual computer. (This is currently the most popular cloud mining method.)
What is cloud computing power?
Cloud computing power is a way to achieve win-win benefits for users. When individuals are mining, they generally do not have a lot of time to manage mining machines, and a small amount of mining machine computing power has not reached the demand, so you can join the cloud Computing power, so that users can earn bitcoins mined by computing power by purchasing computing power contracts.
Mining and cloud mining
(1) Severability, the threshold becomes lower.
For the high-cost purchase of mining machines for mining, physical mining, a minimum purchase of a mining machine. In other words, the unit computing power purchased by physical mining is the computing power of one mining machine (one Ant S9 mining machine 14T), ranging from six to seven thousand to tens of thousands. With cloud computing power mining, the initial unit computing power is not subject to physical restrictions, and you can only buy 1T at least. Small users and even Xiaobai can mine at a lower cost.
(2) Permanent.
The service life of a mining machine is generally only one or two years, or even a few months. The daily mining income of purchasing cloud computing power is greater than the electricity bill, and the computing power is permanently effective. This reduces the user's investment worries.
[This article is organized and published by mkz888z, please feel free to communicate! 】