Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Cloud Mining
Best Ways to Earn Passive Income With Crypto in 2024-Cloud Mining
Cloud mining is a method of cryptocurrency mining that utilizes remote data centers with shared processing capabilities. Users do not need to own or maintain their own mining hardware; instead, they can rent computational power from these data centers to mine cryptocurrencies. Cryptocurrencies have surged in popularity over the past few years. Anyone managing finances and portfolios wants to know how to make money with cryptocurrencies. Of course, much of the cryptocurrency boom has been driven by Bitcoin. So, if…
1 year ago
Experience the Future with Cloudnet AI: Elevating Web3 Infrastructure and API Services
Cloudnet AI plays a crucial role in bridging traditional cloud computing with the Web3 era's unique demands, employing AI and machine learning to enhance efficiency and security. Cloudnet democratizes access to powerful computing resources, enabling innovation across various sectors without the high costs of advanced infrastructure. In the Web3 domain, Cloudnet AI supports decentralized applications, blockchain networks, and smart contracts, providing essential infrastructure for a more secure, transparent internet. GPU Computing Empower your projects with unparalleled computational prowess through Cloudnet…
1 year ago
Cloud Mining: Here’s How You Can Mine Bitcoin or Altcoins without the Mining Rigs
From pool mining to solo mining and cloud mining, there are many ways of obtaining Bitcoin. Well, going on point, cloud mining is a form of bitcoin mining that employs a remote data center with shared processing power to allow users to mine bitcoins or alternative cryptocurrencies without owning or managing mining hardware. In such an arrangement, users must register on the platform and purchase mining contracts or shares with the mining company running and maintaining mining rigs. Crypto mining…
5 years ago
Is Cloud Mining the Magic Bullet to Bitcoin’s Scalability and Decentralization Issues?
Bitcoin's scalability and decentralization issues may soon be a thing of the past. Thanks to a new initiative bringing together Bitcoin and its mining community, the network is set for a significant reinvention. In a recent episode of the Crypto Conversation podcast, Marco Streng the Genesis Mining’s CEO emphasized the mining community’s role in Bitcoin's development. Again he delved on the place of innovation, for example, cloud-based mining operations in attaining Bitcoin's decentralization. Breaking Decentralization Mr Streng maintains that cloud…
5 years ago