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About the application:

Cloud (or remote) mining – is the process of using hardware power to mine cryptocurrency (such as Bitcoin or Litecoin) remotely. This mining model came to existence due to the fact that the increasing difficulty of mining has created it unprofitable for mining enthusiasts to mine Bitcoins and another cryptocurrency at home.Cloud mining gives people a special occasion to start mining cryptocurrency without the need for a really big initial investment in hardware or technical knowledge.Cloud mining is greatly suited for novice miners who would like to test out mining and earning cryptocurrency as well as seasoned miners who don’t wish the hassle or risks of hosted or home-based mining.