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

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.