BCH-MINING
Referral Mining Share
Total 600 BCH
| User-Id | Mine | Date |
|---|---|---|
| 1 | 100 BCH | 21-04-2024 11:44:29pm |
| 1 | 100 BCH | 14-04-2024 09:34:19am |
| 1 | 100 BCH | 11-04-2024 12:03:15pm |
| 1 | 100 BCH | 11-04-2024 07:32:52am |
| 1 | 100 BCH | 09-04-2024 01:00:34pm |
Last Mining Payout
Total BCH
| User Id | Mine | Date |
|---|
What Is Cloud Mining in Crypto ?
Cloud mining is a process where individuals participate in crypto mining without needing to own or manage the mining hardware themselves.
Cloud mining can offer several advantages, especially for individuals interested in crypto mining but may not have the resources or technical expertise to set up their own mining rigs.
The cloud mining space has been rife with scams and fraudulent operations. It's crucial to thoroughly research and verify the legitimacy of a cloud mining company before investing.
What Is Cloud Mining?
Cloud mining is a process where individuals participate in the mining of cryptocurrencies
, such as Bitcoin, without needing to own or manage the mining hardware themselves.
Instead, users pay a fee to rent mining capacities from a company that owns and manages the mining hardware and process. When the rented mining hardware mines a block, the rewards are shared among the users and the company.
The term "cloud mining" comes from the concept of cloud computing, which refers to the use of a network of remote servers hosted on the internet to store and process data, rather than a local server.
Similarly, cloud mining lets users rent a share of the mining capacities of cloud mining companies. The mining takes place "in the cloud," rather than your personal computer.
Useful Information
What is Bitcoin Cash ?
Bitcoin Cash () is a cryptocurrency, created from a hard fork from the Bitcoin blockchain in 2017. A hard fork is when a blockchain splits, with no compatibility between the two forks. This is a radical change to a network's protocol that makes previously invalid blocks and transactions valid, or vice versa. A hard fork requires all nodes or users to upgrade to the latest version of the protocol software.
Bitcoin Cash is designed to be used as a cheap payment system, much in the way Bitcoin was designed to be originally. Transactions fees are generally less than $.01, and transaction confirmation times are significantly less than Bitcoin's, generally within seconds.
Bitcoin Cash was created and is maintained by an active community of developers. These developers still see Bitcoin Cash as a necessary alternative to Bitcoin, because in their view, Bitcoin has become more of an investment instrument than a payment system. It was designed as a peer-to-peer payment system that removes regulatory authorities and other third parties from financial transactions.
BitcoinCash. "About."
Bitcoin Cash operates on Bitcoin Cash Node, which is an ecosystem that enables users to transact in Bitcoin Cash. Bitcoin Cash Node is the blockchain for Bitcoin Cash, and can be thought of as the virtual machine that runs the network, powering transactions.