Binance Pool launches a cloud mining service. Users without access to mining equipment can now receive mining rewards from Binance Pool. Starting November 22, users can sign up for cloud mining products to buy hashrate and mine BTC in the cloud.
Is cloud mining profitable? Yes, it is quite possible. But, don’t forget about the mandatory payments – the rent of these miners, as well as the fact that the mining pools can get a portion of your profits.
