What is Crypto Cloud Mining?

Crypto-cloud mining is a process where individuals can purchase mining contracts for cryptocurrency mining without having to manage their hardware. Instead, this is done using the processing power of a remote data center owned and operated by a cloud mining company. These companies usually charge a fee for the use of their services. In return, they provide the necessary hardware, software, and maintenance to mine the cryptocurrency on behalf of the individual. The mined cryptocurrency is then distributed to the…