Ethereum Cloud Mining Service Is Available on Bybit
A crypto exchange Bybit launched Ethereum cloud mining. The MaS project (mining-as-a-service) has been available since May 24th. It requires minimum investment, and its goals are to reduce the risks of crypto mining and improve its accessibility by making the entry easier and cheaper.
The main problems of crypto mining are the costs of electric energy, equipment and its maintenance. ByFi service is claimed to solve them by providing easy access to the connection with the computing powers. $100 is enough for the entry, and there is no need to have any special equipment.
All that Bybit cloud mining requires is to purchase the desired amount of hashrate. As soons as it’s done, Ethereum will be mined from the cloud for 7, 21 or 42 days depending on the custom plan chosen by the user. The connection is immediate, and there is also a service of short term mining available to minimize the risks related to volatility and market force majeure events.