How to Earn Passive Income from Cloud Mining

Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they miss out on a huge opportunity to generate profit. Mining cryptocurrencies is one of the best ways to make money. However, the high investment threshold may discourage the average crypto enthusiast. Mining requires pricey equipment with a growing shortage of mining machinery as bitcoin’s price upsurge led to increased investor interest in cryptocurrencies.  According to Bitcontinental's…

Cloud Mining: Here’s How You Can Mine Bitcoin or Altcoins without the Mining Rigs

From pool mining to solo mining and cloud mining, there are pretty many ways of obtaining Bitcoin. Well, going on point, cloud mining is a form of bitcoin mining that employs a remote datacenter with shared processing power to allow users to mine bitcoins or alternative cryptocurrencies without actually owning or managing mining hardware. In such an arrangement, users need to register on the platform and purchase mining contracts or shares with the mining company running and maintaining mining rigs.…

Is Cloud Mining the Magic Bullet to Bitcoin’s Scalability and Decentralization Issues?

Bitcoin's scalability and decentralization issues may soon be a thing of the past. Thanks to a new initiative bringing together Bitcoin and its mining community, the network is set for a significant reinvention. In a recent episode of the Crypto Conversation podcast, Marco Streng the Genesis Mining’s CEO emphasized the mining community’s role in Bitcoin's development. Again he delved on the place of innovation, for example, cloud-based mining operations in attaining Bitcoin's decentralization. Breaking  Decentralization Mr Streng maintains that cloud…