Bitcoin cloud mining?


SUBMITTED BY: aslam85

DATE: May 15, 2016, 3:40 a.m.

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  1. Cloud mining is a service that allows anyone to participate
  2. in the mining of bitcoins by leasing mining hardware
  3. Cloud mining is powerful network of ASIC (Application-specific integrated circuit) powered computers specifically designed to mine bitcoins. The power those machines generate is used to solve blocks which in turn will reward you with bitcoins. The power generated to be able to mine bitcoins is called “Hashing Power”. We sell hashing power in the form of bitcoin mining contracts which are measured in Gigahashes per second(GH/s). The more GH/s you purchase the more bitcoins you will be able to mine.

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