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Cloud Mining is a popular method of cryptocurrency mining that allows individuals to participate in the crypto market without the need for expensive hardware or technical know-how. It involves leasing or purchasing mining power from a remote data center, typically located in regions with low electricity costs. This process enables users to earn cryptocurrencies like Bitcoin or Ethereum without having to manage the complexities of mining rigs and software. Cloud Mining services are provided by specialized companies, offering various contract options to suit different investment capacities. However, potential investors should be cautious, as the sector has seen instances of fraudulent activity. It's crucial to research and select reputable cloud mining companies. This method is an accessible entry point into the crypto world, making it a significant aspect of the blockchain network and cryptocurrency exchange ecosystem.

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Ethereum Miners Revolt Over Fee Structure Overhaul
CoreWeave Raises $50M in New Funds From Magnetar Capital
The cloud service provider and Ethereum miner will use the funding to expand its cloud offerings.
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Dfinity Opens Platform to Outside Developers, Launches Decentralized TikTok Rival
Decentralized cloud computing startup Dfinity said its "Internet Computer" is now open to third-party developers.
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Following a seed funding round, AMD and Consensys-backed W3BCLOUD is tripling its GPU capacity for a range of new blockchain functions they don't want to discuss – yet.
A GPU card (Remitski Ivan/Shutterstock)

Google logo on the front of a building
Google Signs On as Network Validator for Blockchain Video Network Theta
Google is teaming up with Theta Labs in a move meant to help the video delivery network onboard users through Google Cloud.
Google logo on the front of a building

Tardigrade 3D illustration. Credit: Shutterstock/3Dstock
Storj's Decentralized Cloud Storage Service 'Tardigrade' Goes Live
The storage system splits files and stores them on multiple nodes to provide more security than centralized alternatives.
Tardigrade 3D illustration. Credit: Shutterstock/3Dstock

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Crypto Exchanges Are Benefiting from Algorithmic Trading: Here's How
Matthew Trudeau, chief strategy officer at crypto asset exchange ErisX, responds to a recent article on high-frequency trading by CoinDesk
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Malware
Desktop Crypto Mining Malware Is Disappearing but Cloud Computing Exploits Are Growing
A new report suggests that cloud containers are the next target for mining malware.
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Polychain Leads $7 Million Round in Crypto Trading Desk Altonomy
Altonomy, a trading desk and cloud mining company, has raised $7 million in equity investment.
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Azure Integration Opens Blockchain Firm Kaleido to 80% of Cloud Market
Kaleido's blockchain solution now works on Microsoft Azure as well as AWS, giving it access to most of the cloud infrastructure market.
Credit: Shutterstock

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Cloud Provider Xunlei Launches Blockchain File System
Xunlei Limited announced that it has launched a distributed file system called ThunderChain File System (TCFS) for its blockchain platform.
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