Bybit to Launch Cloud Mining to Democratize Ethereum Mining
2021年5月4日 - 07:00PM
JCN Newswire
SINGAPORE, 2021年5月4日 - (Media OutReach) - Cryptocurrency
exchange Bybit will launch in May Bybit Cloud Mining, a
mining-as-a-service (MaaS) product that gives users instant access
to ether (ETH) mining from as little as $100.
Democratizing and de-risking crypto mining
The relentless growth of cryptocurrencies in recent months has
caught mainstream attention and fueled a surge in interest in
crypto mining - or receiving crypto tokens for verifying blocks of
transactions.
The profitability of this endeavor, however, is hampered by a
number of factors: the supply and price of the computer system,
operation and maintenance cost, and electricity fees that render
crypto mining costly and painstaking.
As the first entry to Bybit's ByFi product suite, Bybit Cloud
Mining aims to help users navigate the booming yet ever-changing
industry by lowering the barrier to entry and ensuring a
hassle-free approach to mining, thus opening the door to greater
profitability and fewer risks. Bybit Cloud Mining offers hashing
power, or hash rate, to a remote data center with shared computing
power to mine ether. Users can start from as low as $100 and
without ever having to run their own hardware.
Hop on, hop off: high visibility and profitability
Bybit Cloud Mining offers flexible 7-, 21-, and 42-day plans. Users
can customize a short-term investment plan for greater
profitability, while minimizing the risks of price fluctuations and
unforeseeable market activities in the long term. The service will
be instantly available upon purchase, come with 100% usability, and
have any downtime covered by Bybit, allowing users to mine with
greater confidence.
"We are really excited to introduce Bybit Cloud Mining, and think
it is an ideal solution for users who are interested in crypto
mining, but don't want to be bogged down by the hassle of
operations and hardware maintenance," said Bill Xing, head of
financial products at Bybit. "With Bybit Cloud Mining, all that
users have to do is to purchase the amount of hashrate they want
and sit back to see ETH harvested directly 'from the cloud'."
About Bybit
Bybit is a cryptocurrency exchange established in March 2018. The
company provides online trading and mining services, as well as API
support to retail and professional clients around the world. For
more information please visit: https://www.bybit.com/
For updates, follow Bybit's social platforms on Twitter and
Telegram.
Source: Bybit
Copyright 2021 JCN Newswire . All rights reserved. |