Contest Alert | The Tech Quiz - Season 30

Greetings steemians and welcome to the tech quiz contest organise by @malikusman1 here in the Steem4Bloggers community.

In my today's entry I will be sharing with you all about crypto mining apps, my experience in the field and lastly pros/cons of crypto mining, and I sincerely hope that you all will get to learn something from my article.

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Crypto mining apps are the special modified program apps that is capable of generating and mint new crypto tokens through the process called mining

And thus various applications make use of cloud mining which enables a miner to mine with a little to no service charge a certain amount of tokens pertaining to their hash rate (mining speed).

Yes over the years even before I became a steemian I have been mining tokens and at first I started with btc cloud mining and the platform that I made use of to mine this coins was crypto tap farm.

And in the process of mining this token at first it was fun because you get to see your tokens loading and increasing, but the bad news was that it wasn't free and sometimes I always encountered loss.

Loss in a sense that the amount you pay in other to mine at the end of the month after your subscription have expired you hardly mint a total of your investments

E.g, you invest 10 dollars and start mining but at the end of the month you get to generate a total of 11 or 8 dollars which both compared to the range of 30 days is still loss.

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Some of the various pros and cons of crypto mining are;

• You get to earn minted tokens without risks
• Miners who make use of external miners only make a one time investment
• As long as you keep mining the income keeps coming
• It is the savest way to earn from cryptocurrency

• The fluctuation of price cam affect earnings
• Cloud mining is a waste of time as it isn't profitable as claimed
• Cloud miners tends to make slow to no progress in earnings

^{This will be the end of my entry and I hope that you all learnt something about crypto mining, and I will like to invite
@kyrie1234
@shahariar1
@alfazmalek}