BTC

-0.02%

$23893.81
ETH

-0.40%

$1880.23
LTC

+0.67%

$61.65
DASH

-1.26%

$52.32
DCR

+0.59%

$32.5436
ZEC

+1.00%

$76.55
location Home > News > Details

What is cloud mining? How to choose the cloud mining platform that suits you?

2022-04-16 09:59

Anyone who knows about cryptocurrency mining may have heard of cloud mining. This mining mode can help everyman who does not understand blockchain mining, and can also join the ranks of blockchain mining. How should we choose the cloud mining platform that suits us?

How does LLGO mining work to mine Bitcoin?

The LLGO platform is a professional mining company. At present, there are cloud mining products in various currencies on the LLGO platform, which can be paid monthly or annually. Investors can flexibly choose the products they need according to their needs. Naturally, you can also choose to mine Bitcoin.

You only need to register an account on the LLGO platform, sign a mining contract with LLGO, and then wait for the mining rig to mine and get bitcoins. Income or expenses are sent to the account every day, you can check your balance, or you can sell your mined bitcoins for dollars.

Are there cloud mining apps that are free?

Of course, some cloud mining platforms are free in the initial stage, such as the LLGO mentioned above, newly registered users can obtain a small amount of hash rate resources for free for mining.

Another example, hashing24 cloud mining. Hashing24 cloud mining is headquartered in Ireland, hashing24 cloud mining does not have a recommendation reward mechanism, hashing24 cloud mining will directly return these savings to users as revenue. Unfortunately, at the moment, US residents cannot take advantage of the services of hashing24 cloud mining.

On the other hand, we can also find that hashing24 cloud mining is much more expensive than LLGO cloud mining. Therefore, for American miners, LLGO cloud mining may be a better choice than hashing24 cloud mining.

Is there such a thing as cloud mining? What is Bitcoin cloud mining?

Cloud mining refers to a product that packages the hashrate resources that run after the mining machine is hosted on the mining farm. In the cloud mining project, miners do not need to be exposed to the complicated matters in the operation and maintenance of mining machines, such as mining machines, mining farms, and electricity charges.

Cloud mining miners can obtain corresponding income by only purchasing the hash rate, which is a way for platform users to obtain benefits and win-win results. The advantage of cloud mining is that users can mine remotely without having to manage the mining machine, and do not need to bear the cost of wear and repair of the mining machine, which greatly reduces the risk of investment.

If you want to participate in cloud mining, you are welcome to contact llgo.

BTC
Shut Down
Issue amount 21000000
24 hours volume 1.44M
24 hours turnover $ 34.49B
Market Direction Short
Panic Index 41 (Panic)
Swap Rate 7.53%
Market Value Proportion 39.13%
market value $ 2,540.08 x 100 million
24 hour increase -0.02%
Computing power 201.09 EH/s
daily output 0.00000451 BTC / T
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+50.87%
ETH
Shut Down
Issue amount 121630728
24 hours volume 16.92M
24 hours turnover $ 31.86B
Market Direction Short
Swap Rate 13.87%
Market Value Proportion 19.64%
market value $ 1,161.50 x 100 million
24 hour increase -0.40%
Computing power 885.47 TH/s
daily output 0.00001438 ETH / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+388.99%
LTC
Shut Down
Issue amount 84000000
24 hours volume 7.24M
24 hours turnover $ 441.08M
Market Direction Unknown direction
Swap Rate 10.20%
Market Value Proportion 0.37%
market value $ 25.77 x 100 million
24 hour increase 0.67%
Computing power 427.30 TH/s
daily output 0.00001636 LTC / M
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-18.42%
DASH
Shut Down
Issue amount 18900000
24 hours volume 789.94K
24 hours turnover $ 41.77M
Market Direction Short
Swap Rate 7.53%
Market Value Proportion 0.04%
market value $ 5.02 x 100 million
24 hour increase -1.26%
Computing power 2.36 PH/s
daily output 0.00024276 DASH / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-58.60%
DCR
Shut Down
Issue amount 21000000
24 hours volume 41.75K
24 hours turnover $ 1.36M
Market Direction Short
Swap Rate 0.29%
Market Value Proportion 0.04%
market value $ 3.34 x 100 million
24 hour increase 0.59%
Computing power 53.10 PH/s
daily output 0.00000397 DCR / G
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

No halving expected
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

-92.27%
ZEC
Shut Down
Issue amount 21000000
24 hours volume 1.63M
24 hours turnover $ 122.13M
Market Direction Short
Swap Rate 10.83%
Market Value Proportion 0.09%
market value $ 7.69 x 100 million
24 hour increase 1.00%
Computing power 8.74 GH/s
daily output 0.00031661 ZEC / K
Halving time

The public chain will have a halving cycle to maintain the value of the currency, and the market will rise sharply after halving in history.

Completed
Earnings volatility

The computing power of the entire network is due to the increase and decrease of mining machines, which affects the average distribution of revenue. If the computing power decreases, the average revenue will increase, and if the computing power increases, the average revenue decreases.

+45.18%
hide
New payment password
Confirm the new password
Email verification code
Cannot receive a CAPTCHA?