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Decades ago, every major software computer company would maintain basements full of computers that crunched numbers day and night. Rooms the size of gymnasiums would be devoted to the servers that keep the lights on.
That all changed in the era of cloud computing. Instead of sacrificing precious underground real estate, software companies began to rent computing power from warehouses full of powerful machines hosted elsewhere.
Cloud mining brings this same principle – outsourcing computational work – to cryptocurrency mining, the process of running powerful computers that mine for coins like Bitcoin, TRX, and Ethereum. Instead of buying expensive computers to mine these coins yourself, you can rent the computing power of a specialized miner from a cloud mining company based anywhere in the world.
What’s more, when you pay for cloud mining services, you’re renting part of a pool of a great deal of computational power, meaning that you’re more likely to beat other, less powerful bitcoin miners that are racing to generate a winning hash that earns them TRX.
Launched in 2018, TRON is one of the most prominent cryptocurrency projects in the digital ecosystem. TRON was established to create a genuinely decentralized network for users, democratizing governance, providing robust utility, and enabling low-cost transactions globally.
To this date, TRON manages to keep its blockchain low-cost and currently features a market capitalization of over USD 6.4 billion. It’s one of the most popular
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