It is essentially the process of performing certain tasks to create small amounts of cryptocurrencies over and over again. Though one may think they have to do the tasks themselves to create crypto, it is actually the mining hardware that does all the work in mining.

By participating in a cloud mining service, one can purchase a certain amount of hash power to mine cryptocurrencies from the service. This gives them access to a mining farm full of cryptocurrency miners and gives them a piece of the crypto pie as you could say.

Though they do not have the highest amount of hash power which is the power used to mine the different cryptocurrencies, they are a popular way for new miners to get into the mining game

By getting your hands on a crypto miner, it can be much more profitable. Because these mining rigs are built using multiple graphics cards with the power to mine cryptocurrencies much faster, one can start seeing profits a lot quicker.