#BTC #MN How To Earn Money With Crypto Mining
Mining validates blockchain transactions and adds new data blocks to the chain, So, miners are rewarded with tokens as a result of their efforts.
Mining can be done with either Specialized hardware or cloud mining services. let's explore more about crypto mining.
How Crypto Mining Works?
Mining large-cap cryptocurrencies like Bitcoin is no large feasible for the average user.
On the contrary, the process is dominated by large-cap mining rigs with vast resources. And access to the most specialist hardware technology in the market.
The good news is that it is possible to mine cryptocurrencies without actually buying any hardware or needing to consume sizable amount of energy. This is possible through cloud mining platforms that pool investor resources remotely. The process simply requires investors to deposit their chosen cryptocurrency and the rest is taken care of by the cloud mining provider
The tokens will then generate passive income, representing the share of mining rewards. The share will be proportionate to the amount deposited into the cloud mining site. Do note, however, that comprehensive research into the legitimacy of the provider is crucial.
