• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cloud Mining: A New Passive Income Strategy

user avatar

by Giorgi Kostiuk

a year ago


Cloud mining offers users the opportunity to mine cryptocurrencies without the need for hardware investment, allowing participation through leased computational power from providers.

What is Cloud Mining?

Cloud mining enables remote cryptocurrency mining by renting computational power. It primarily involves hosted mining and leased hash power.

How to Participate in Cloud Mining?

To participate in cloud mining, one must choose a company, select a mining package, pick a mining pool, pay for services, and start mining. Rewards are shared based on the leased computational power.

Is Sup Miner Trustworthy?

Several factors suggest Sup Miner might be unreliable. Their website promises high fixed returns, lacks detailed company information, and overemphasizes their affiliate program.

While cloud mining can be a passive income strategy, it's crucial to vet companies carefully and avoid potential scams. Reliable companies like BitDeer are more transparent and realistic in their promises.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Amazon Plans $200 Billion Investment in AI for 2026

chest

Amazon plans to invest approximately $200 billion in AI and infrastructure in 2026 to meet rising demand for its services.

user avatarMiguel Rodriguez

Amazon Becomes World's Largest Company by Revenue

chest

Amazon has officially surpassed Walmart in sales for the year ending January 31, 2025, with a total of $717 billion compared to Walmart's $713.2 billion.

user avatarLuis Flores

Walmart Narrows E-commerce Gap with Amazon

chest

Walmart has significantly closed the gap with Amazon in the e-commerce sector, leading to a nearly 30% growth in WMT stock over the past year.

user avatarArif Mukhtar

Latent Profits in Bitcoin Market Dwindle Amidst Correction

chest

Analysis by Darkfost reveals that Bitcoin's Net Unrealized Profit/Loss (NUPL) metric indicates a significant decline in latent profits, suggesting a bear phase.

user avatarMaria Gutierrez

Bitcoin Price Stabilization Signals Caution for Investors

chest

Market expert Joao Wedson suggests that now is not the ideal time to buy Bitcoin despite signs of stabilization in onchain metrics.

user avatarDavid Robinson

Future Projections for XRP's Price Movement

chest

Hov outlines potential future price targets for XRP, suggesting a bullish outlook if certain conditions are met.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.