How to get started in 3 easy steps:
1. Register an account here: http://go.beincrypto.com/cloud_mining
2. Make a small deposit
3. Start Cloud Mining for free!
Bitcoin mining today requires a lot of powerful, expensive hardware and even more electricity to be profitable. But what if somebody could do this for you? Welcome to cloud mining 2021. This is where companies such as Stormgain cloud mining and others will purchase hardware and mine cryptocurrency on your behalf. So how does cloud mining actually work and what are the best cloud mining sites in 2021?.
In this video, we will give you the most thorough cloud mining review out there!
Crypto and bitcoin cloud mining 2021 works when you lease or purchase mining equipment from a third-party cloud provider, who is responsible for maintaining the equipment. The current popular models of cloud mining include hosted mining and leased hash power. Hosted mining is when you choose which piece of hardware you will rent to mine cryptocurrency, different miners will yield different payouts. Leased hash power is a similar premise in cloud mining, however this is where instead of renting the hardware itself, you rent a fixed hash power which will pay you accordingly.
This cloud mining model is very attractive because users are able to be involved in crypto and make a profit without setting up the hardware and taking on the costs. So what’s the catch? Is cloud mining free legit? Well, many of the companies currently offering these services are scams, they are elaborate ponzi schemes which unfortunately many have fallen victim to. This is why it’s important to do your research, but luckily we have already done the hard work for you in this cloud mining review video. It is also important to note that these companies will take a cut from your earnings, otherwise they would obviously just mine the crypto themselves right?
Okay great, so you want to get started with cloud mining 2021? There are many cloud mining providers such as bitcoin.com, ViaBTC, NiceHash, Hashflare, Genesis mining, and more. We will explain what these providers offer and which one you should go within this video. So if you have any questions such as ‘Stormgain mining legit?’ or ‘Genesis mining legit?’, then you will get all your important questions answered!
Stick around till the end of this video to find out how you can get started with Stormgain cloud mining for free right now, with no need to enter into any contract. Use the following link to sign up and deposit $20 worth of crypto to also automatically get access to our trading signals group!
We hope you enjoyed our latest BeInCrypto ‘Cloud mining review’ video. If you would like to see more similar crypto content, make sure you like, subscribe, and comment down your thoughts below, we’d love to hear them!
00:59 What is Cloud Mining?
03:02 Pros and Cons
04:27 Different Providers
06:06 Stormgain’s Free Cloud Mining Offer
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Although BeInCrypto aims to inform and educate readers from all over the world, it is important to remember that investing in cryptocurrency is risky. Neither this video nor its authors should be held responsible for any investment decisions, and nothing published here should be considered financial advice. We always urge our readers/viewers to do their own research and never invest more than they can afford to lose.