What is cloud Mining? Do they pay you without Investment?
Hello Friends, This is Ocean Of Knowledge again. This is my 3rd blog in my Blogspot.
Today I am gonna share some details about cloud mining. Where you can mine BTC or other cryptocurrencies. But is it free? Well I will talk about now. I am using Grammarly to write the blog. Check it out. You will get used to it.
What is Cloud Mining?
Cloud mining is the same as every cloud service out there. Some people hosted some mining website. Actually that’s cloud mining. Cause you just can’t go out there hosted a site and started mining. Mining Required some tools. To know more click here. Those who hosted the mining site have a mining farm. Where the have lots of mining machines. With these machines they mine cryptocurrency for the user of there website User. Most of these websites tell me that you can mine BTC for free. But that’s not true. Cause they are not going to buy all those fancy toys to make you guys rich.
Do they pay you without Investment?
If you thought about cloud storage (which is very popular) you can access some cloud storage for free but when you wanna use a large amount of storage you have to pay for the service. Well you may get 15 GB or 30 GB storage for free. But you have to pay if you wanna use more storage. On the other hand, cloud mining is a whole another level. Well BTC isn’t free. You have to pay almost 7k USD now for 1 BTC.So it’s not even possible to think for free BTC mining. Cause they are not going to buy all those fancy toys to make you guys rich. Mining Required some tools. To know more click here. Well, then you might think why they tell people of free BTC mining if there is no such thing.
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