Cloud Bitcoins is another way of saying cloud computing, where all the work gets done in a cloud. The cloud is a virtual server which hosts applications. It’s like if you’re trying to start up a new business without any hardware or software. You’ll need a virtual server with a large storage capacity and low bandwidth. The best way to start a business is still using a real physical office and staff to run the business for you, that way you’ll be able to focus on the business aspects of your business.
So what does this have to do with cloud mining? If you have an application which makes use of a hashrate, it will use up a large amount of space. There are two ways to deal with this – you can either use a low bandwidth and a low sha algorithm miner. The lower the algorithm miner will use less power to make the calculations and therefore won’t use as much space. But if you want the lowest hashrate possible then you need to use a bigger block size and your costumers will end up paying you for that. This is called an ‘attacker’ strategy and is not allowed by most cloud mining pools.
If you start mining at random, then no one can tell what you’re doing. Your hashrate could go up and down randomly every second. This is called volatility and can be very costly. Even the best hash rate calculator on the market can’t tell you what your hashrate will be at any given moment. But your app running in the background can!
So how do we make sure the miners we choose are following proper protocol and don’t attack the system? We use an application called BitDefender. Our preferred cloud mining calculator is the one listed below. It’s called the BitDefender Mobile Mining Calculator and it uses an updated version of the Hashimoto algorithm as its main key to determine our speed and profitability.
In order to use this free mining calculator, you must have access to a smartphone or tablet of computer with internet. As you might expect, the free software also determines the speed and profitability of the different strategies. Just like the standard btc calculator, it uses the latest and greatest parameters available. This gives it an edge over other calculators out there, because it includes a real-time prediction of a miner’s profitability.
Once you set the parameters of the BitDefender Mobile Mining Calculator, you can test it to see if it predicts profitable behavior. Just open a free trading account and set the parameters as shown. Once you see a profitable gain, you can enter your own parameters and the program will tell you if you’re going to earn more or less. If you’re on a winning streak, you can continue on with the profiting strategy. On the other hand, if you’re on a losing streak, you can adjust your settings so that you get more profits. It’s simple, straightforward, and effective.
You might want to try a cloud mining calculator that is not based on btc but instead based on litecoin. There are some great calculators out there based on both, and you may even find one that allows you to switch between the two as well. I recommend you test them all out and see which one earns you more profit. Some people will even switch to a new platform whenever they discover a new one that proves to be more profitable. Even if it’s not your ideal cloud mining platform, you’ll come to realize that it’s a lot better than having no platform at all.
The whole point of this article is to simply illustrate how useful it is to have the most up-to-date information. No matter what you’re trying to do, whether you’re investing in ethereal or litecoin, the most efficient approach is to use the most accurate information available. And this applies whether you’re looking to invest in ether or any other virtual asset. If you’re already an expert, by all means continue with your research. But for those just getting started or those who want a simple and easy-to-use calculator that takes into account all of the variables associated with both ether and litecoin, then be sure to check out the free mining calculator above.