What is Cloud Mining Defined?
Cloud Mining is the process of bitcoin mining utilizing a remote data center with shared processing power. This type of mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware.
Cloud mining has made it easier for people to mine coins online and not have the stress of building rigs and having to worry about costs of electricity and other means. All you need to do is join a cloud mining group. and Buy power and it mines for you. Some groups charge maintenance but that is good sign that they are legit. If they are Free or make money quick then my experience they end up shutting down. So be careful and dont out all your eggs in one basket. Start of slow and Build it up.
Cloud Mining Sites I use with great Success:
Bitsrapid has in the past had some problems and they closed down but they have now been running well and they have ironed out all the issues and security has been stepped up. I am getting a good return from them. They normally return in 80 days. Average. Which I think is good.
Hashflare I have been using for nearly a year and there returns are much slower but they have never let me down and you can mine multiple coins, so you can mine Sha256, Scrypt, Dash, Etheruem and Zcash. So you can choose what best suits your needs.
My Cloud Mining Business online Walk-through:
Have a great day if you interested in any other coins please leave comments i will investigate get back to you. Thanks