Hashing24 Makes Bitcoin Mining Available to Everyone

Despite being involved in cloud mining since 2012, Bitcoin mining company Hashing24, has just recently launched its new system and has started selling hashpower to the public.
Bitcoin mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions or Blockchain. Bitcoin miners use special software to solve math problems and are issued a certain number of Bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine.
Hashing24′s main service provider is BitFury, a company known to posses modern data centres both in Iceland and Georgia.
The complexities of mining
Mining Bitcoin as an individual can be a very complex process. If anyone wants to mine Bitcoin, they would buy the mining equipment, provide adequate real estate for installation and acquire the necessary electricity requirements.

This post was published at Coin Telegraph on 2016-11-01.