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a digital investor now Cloud Mining From King Mining Start earning now with the best cryptocurrency mining experts What is cloud mining? Cloud mining is the rental of mining power. In this case, you do not buy equipment for yourself, do not deal with the issue of its placement, do not incur additional expenses for electricity, but simply pay a fixed amount for using someone else's equipment. The mission of King Mining is to enable you to take advantage of cloud mining and access the latest technologies from your computer or mobile phone. The King Mining service was created by professionals. The company's specialists have extensive experience working with a variety of equipment for mining farms. Our team will help everyone to take part in bitcoin cloud mining and receive passive income today. Stable payments Uninterruptible power supply guarantee for new high-performance equipment Round-the-clock supervision of specialists How about in more detail? Cloud mining is the extraction of cryptocurrency at the power leased from a remote company. The essence of cloud mining is that the miner does not need to assemble an expensive mining farm, calculate power and profitability, and constantly take care of reducing energy consumption for operation and cooling of equipment. In this case, the user purchases only the power of the equipment from a remote data center and the mining process is carried out in the cloud, and all data is available in the personal account of the service. This method allows you to start mining popular cryptocurrencies without investing heavily in equipment to equip your own farm. In addition, it is suitable for beginners, since it does not require technical savvy in setting up equipment and analytical skills to develop a profitable mining strategy. Cloud mining companies often locate their data centers in regions with the best cost of electricity, and some also try to reduce the cost of cooling energy by placing servers in regions with a cool climate. In addition, mining in cloud mining services is carried out collectively, taking into account the full capacity of the center. That is, the cryptocurrency network sees all the leased capacities as one participant with high power, which can significantly speed up the production of cryptocoins. Types of services according to the principle of operation The principle of operation of such services is usually the same - providing a hash rate to the user, but there are still slight differences in the provision of this service: Hosting - you rent the capacity of the equipment that is installed on the territory of the company with which you sign the contract. Virtual hosting - the principle is about the same, only you get a virtual server for the time stipulated by the contract, for which you can install any software and, accordingly, extract the currency that is of interest to you. Power rental - You are provided with the speed of the equipment. You have no access to hardware or software, you just profit from the power of this equipment. Almost all major services use the "Capacity rental" model of operation. Among the advantages of this type of mining, one can note the possibility of earning even with a small investment, saving on electricity, as well as on the costs of maintaining and placing equipment, it is possible to get acquainted with the process in a trial mode before investing money, the ability to mine several coins at the same time without losing power. As many users note, the profitability of cloud mining is higher than that of physical mining. And also, some companies use a referral program, users are rewarded for attracting new customers. Advantages All worries about the selection, installation and maintenance of equipment are taken over by the company providing cloud mining services. High level of income. Due to the lower amount of the down payment, the investment pays off within a few months, and brings a profit of 200% to 400% per year. A farm in the cloud service has a much greater capacity than a self-assembled one, therefore it guarantees a high income. Uninterrupted operation of equipment, electrical network and Internet connection. Cloud mining users have access to a potential profit calculator that allows them to calculate the future income from the mining of each currency and choose the most profitable contract. Users can purchase the power to mine several cryptocurrencies, and protect themselves from the fall of one of the coins, minimizing the risks. It is best to invest in two or three cryptocurrencies at the same time. Many cloud mining services allow you to convert mined altcoins into Bitcoin. By cooperating with several companies at the same time, you can constantly find the most profitable offers and automine bitcoins. Multilevel referral programs. Inviting a new client to the service offers many bonuses - receiving a certain amount for each new user, or a percentage of his profits. An easy way to scale without taking a lot of time, effort and money. disadvantages The likely fall in the cryptocurrency exchange rate, due to which its mining may bring less income than expected. Less freedom of action - users are limited by contract. Investing in companies that are fraudulent. You should buy power only from trusted servers. Longer payback period. Withdrawal restrictions. On sites from cryptocurrency wallets and exchanges, hacker attacks are sometimes carried out, as a result of which the user may lose all mined coins. The way out is to store all mined assets on hardware crypto wallets.