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Cryptocurrency mining
Published On - February 21, 2019
No doubt, people who just want to make their first steps in the world of cryptocurrency mining are constantly thinking about the efficiency and profitability of this type of investment. Furthermore, there are such important questions as the overall equipment installation and setting time, the required maintenance works, and things to do when something happens with the equipment, and it requires serious and costly repairs. It’s worth noting that we mentioned just the basic things, while the overall list of questions of an aspiring miner is significantly longer.
There’s a high chance that you had been thinking about these important topics too, saving some money for mining because you know that a mining farm requires a lot of free space, as well as will create a lot of noise and heat, increasing your electricity bill.
As a result of serious problems with efficiency, cost-saving parameters and scalability of private (home) mining farms, companies all over the world started offering special services in the field of industrial mining, keeping all the expenses and costs in mind. Such companies can be divided into two groups: equipment hosting companies and cloud mining companies.
The first group provides hosting services and has to be chosen by people, who already own mining equipment, and want to use it with the highest efficiency without spending their own time and money and putting all the work on the shoulders of the real experts.
The second group provides cloud mining services
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