ETHRANSACTION, operational since 2017, has unveiled a new mobile cloud mining platform, simplifying access to cryptocurrency mining.
What is ETHRANSACTION?
ETHRANSACTION is a cloud platform that allows users to mine popular cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Ripple, using their smartphones. The platform offers the ability to start a mining contract without initial costs.
Ethereum Mining
Ethereum had long utilized the Proof of Work (PoW) protocol, requiring high computational power to solve complex problems. However, after its transition to Proof of Stake (PoS), energy consumption has significantly decreased. Nonetheless, some cloud platforms, like ETHRANSACTION, achieve earnings related to Ethereum by using off-chain infrastructure.
Bitcoin Mining
Bitcoin continues to rely on the Proof of Work system, which necessitates specialized hardware, making individual mining challenging. Many users have turned to cloud mining platforms, enabling them to rent hash power from remote data centers, thus eliminating the need for physical mining equipment.
ETHRANSACTION offers an innovative approach to cloud mining, making the process accessible to a broad audience, including beginners and experienced investors.
