Cloud mining is rent of mining equipment hash power. In this case, you do not need to buy expensive mining equipment and do not bear any risks associated with its breakdown. You do not incur additional costs for the hosting and maintenance of equipment, as well as for any malfunction. When you buy a cloud mining contract, you pay a fixed amount for the use of devices located in the MgM data center. The main advantage of cloud mining is the quick receipt of BTC to your wallet. You do not need to wait for a pre-order of the mining equipment for more than 6 months and pay for it amounts over $ 10,000.

Mining is the backbone of digital currency. It guarantees four main functions: confirmation of operations, protects the blockchain from incorrect data (false transactions, etc.), protects the network from attacks, supports a decentralized network system, an operation carried out by two network users must always be confirmed by participation in a data block. The miner accepts the operation and adds it to the block. Then the coins taken into account in the operation are used in the future. Fraudsters trying to forge blocks are sorted out at the initial stage of block-creation.

to start mining with literally two clicks. You just need to select a contract and purchase it. So get stable passive income without unnecessary risk and difficulties of independent mining!

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