Cloud Mining | OWNR Wallet

Cloud mining enables individuals to utilize computing power from data processing centers for cryptocurrency mining without the need to purchase specialized equipment, software, or cover electricity expenses.

In the realm of Bitcoin, it is commonly referred to as cloud hashing. The process involves users acquiring computing power from machinery located in data centers through a cloud mining contract. This allows them to engage in cryptocurrency mining via the cloud.

Cloud mining is particularly advantageous for individuals with limited technical expertise who may find it challenging to assemble equipment and configure specialized software. Additionally, it provides an excellent opportunity for those residing in regions with prohibitively high electricity costs to establish their own mining operations.