Over cryptobvjaa

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With cloud mining, the customer normally buys a contractual claim on hashrate rather than ownership of a specific ASIC. The provider controls the equipment, power source, pool connection, repairs, uptime reporting, and customer accounting. That convenience is the product, but dependence on the provider is the trade-off. This explanation of how Bitcoin cloud mining works helps readers understand why they may have no machine to recover or resell if the service fails. The contract, not the hardware, defines what the customer actually owns.