Page cover

👨‍🏫Another Meaning of Cloud Mining

⛏️In other way, you can also call Cloud Mining as Staking. (0️⃣ FEE ➕ 🔟% Referral Bonus 🎁)

In simple words, you can call Cloud Mining as Staking as well. You can understand Cloud Mining just like "We Hold or Stake our crypto on any platform for a certain amount of time and receive from there a fixed or estimated income as yield that's how Cloud Mining works".

Example: I have 1 bitcoin in my wallet and it has been kept like this since last 1 year. I see that from last year to till date it is 1 of 1 else it has not increased or decreased. And then I came to know about Crypto Staking where you can get an annual fixed or estimated APY or APR as a yield on your staked crypto.

What was it then I decided to Stake my 1 Bitcoin because I was not getting anything while HOLDING in my wallet And on that particular platform on Staking, I was getting a return of up to 100% annually what we call APR or APY also.

Last updated