News # Cloud Mining Provider HashFlare is Offering Discounts on Bitcoin and Script Contracts
Cloud mining contracts are an easy way to earn Cryptocurrency through mining, as they don’t involve setting up hardware on your own. They do it by delegating the duty to a third party that mines for you and charges a small fee. Considering the risks and hassle associated with setting up one’s own mining facilities, it is a good idea and may end up being profitable, as we approach the hardcap for Bitcoin. If one wants to accumulate Cryptocurrency for the long-term, satoshi by satoshi, without getting their hands dirty, cloud mining is the way forward.
Now mining is done under different protocols set up for each system. There is the SHA-256 system used by Bitcoin, SCRYPT used by Litecoin and other forms like ETH and EQUIHASH mining contracts.
GLOBAL OUTREACH
Cloud mining contracts are available to users around the world with a working credit card and are perfectly legal. Bitcoin enthusiasts and people new to this world can start with beginner level contracts and see their wallets accumulate bitcoin on a regular basis in a fair and transparent manner.