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| What is cloud mining and how you can mine cryptocurrency from your desktop | ||||||||||
| As cryptocurrencies like Bitcoin continue gaining mainstream adoption, mining has emerged as a lucrative way for tech-savvy investors to earn income from digital assets. However, the logistical challenges of shipping and setting up specialised rigs, coupled with the complexities of managing data centers, present unique hurdles. That's where cloud mining services come in. By "renting" remote mining equipment, ordinary users can join the mining process with just a computer. No purchasing or maintaining expensive gear required. | ||||||||||
| This emerging model removes barriers to entry while offering upside potential. Early pioneers in the cloud mining sector are streamlining the process to make digital currency mining more accessible than ever. | ||||||||||
| How Cloud Mining Works | ||||||||||
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| With cloud mining, you can participate in mining cryptocurrency from your computer without heavy lifting. Simply select a contract, and coins will begin depositing automatically. Of course, returns vary due to market forces outside individual companies' control. Do your research to understand risks before investing. Reputable services provide performance data to help evaluate potential. | ||||||||||
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| Phoenix Group PLC is listed on the Abu Dhabi Stock Exchange and is also the UAE’s biggest Bitcoin mining and blockchain company. | ||||||||||
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