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It provides customized triggers and actions. These are free software, and they offer daily payouts. Key Takeaways Cloud mining allows participants to take part in cryptocurrency mining without owning or managing mining hardware Cloud miners pay a fee to rent mining capacity from a company that owns and manages the physical mining hardware and the process If the rented mining hardware processes a block through proof-of-work, say on the Bitcoin blockchain, the block reward is shared between the cloud miners and the cloud mining company This crypto sector has many scams and fraudulent projects. Is cloud mining legitimate or a scam? By Coingape Staff Updated February 7,
