My self yashpratap

hello @besticofinder ,I feel enthusiastic to write this my homework post, I am really enjoying a lesson as from day fun and hope to follow all your next lesson to come

what cloud mining

cloud mining is the process of Bitcoin mining utilizing even more data centre with shell processing power enables users to mine Bitcoins for iterative cryptocurrencies with managing the hardware cloud mining is provided as a service is generally some cost in the US can result in lower buttons for the minor you by mining contracts with them in that pay you the prophets there are many cloud mining scams and delivery of the Bitcoin sha256 mining contracts is very attractive you can get your money back into three months however this depends on the difficulty of mining and the Bitcoin price for mining reduces the profitability,

What are the best cloud mining platform

there are several cloud mining platform but the following include the best among them;

• Bitcoin pool

  Cryptocurrency mining pools are groups of miners who share their computational resources.

• Hashflare

• Hashnest

Hashnest is a cloudmining platform which provides remote mining services in the form of hashrates. And in case you are wondering, cloudmining means bitcoin mining without the miner.

• Eobot

• Hasing 24.

Hashing24 was made by professionals for individuals who want to get involved in cryptocurrency mining

Advantages of Cloud Mining

• resources are accessible anywhere any time,
• on-demand self-service
• reduce IT cost
• scalability
• collaboration
• offers security
• location and device independence
• No operating costs, no heat and no noise

Disadvantages of Cloud Mining

Some cloud mining functions tend to commit fraud when the miners or users also share information regarding their keys and digital wallet.
There is no control and suppleness in cloud mining

• network connection dependency
• Lack of support
• may not get all the features
• a large number of scams
  

Thanks

Cc
@gbenga
@steemcurator01
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