Cloud mining what and what are the mining pools for cryptocurrency mining

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Cloud mining what and what are the mining pools for cryptocurrency mining

Cryptocurrency mining

Table of Contents

Mining is also divided into types depending on the number of participants.
There are three main ways:
Single Mining
Mining Pools
Cloud Mining
Technically, the world knows several types of mining that are distinguished according to the composition and cost of networked equipment:

CPU usage
Using graphics cards (GPU) or

Cloud Mining
Cloud Mining

Application Integrated Circuit (ASIC)
The use of the first type of mining, obsolete due to low efficiency compared to modern methods. CPU-assisted mining has not been profitable since 2010,

When it was replaced by mining with the help of a GPU. Mining with a GPU (graphics processing unit) is based on calculations performed by GPU cards. It gives high speed due to its ability to perform parallel calculations and solve several tasks at once. The transition to GPU mining was a real discovery compared to mining

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