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Would cloud mining save on resources and hardware?

  • Thread starter Thread starter Grant
  • Start date Start date

Grant

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With everything being through the cloud, would that then mean it saves on your hardware and resources? Does that then mean the servers running this will have to deal with the whole mining process?
 
Sure, cloud mining can reduce expenses for hardware and energy. Without having to buy and manage your personal mining equipment, cloud mining allows you to rent processing capability from a cloud service. This reduces the requirement to acquire and maintain pricey mining equipment.
 
It saves your resources because you sent mining hardware of the cloud mining program. However, the company dealing with cloud mining still have to use their resources to mine bitcoin.
 
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