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Bybit to Launch Cloud Mining to Democratize Ethereum Mining

SINGAPORE – 4 May 2021 -/African Media Agency(AMA)/- Crypto currency exchange Bybit will launch in May Bybit Cloud Mining, a mining-as-a-service (MaaS) product that gives users instant access to ether (ETH) mining from as little as $100.

Democratizing and de-risking crypto mining
The relentless growth of crypto currencies in recent months has caught mainstream attention and fueled a surge in interest in crypto mining or receiving crypto tokens for verifying blocks of transactions.

The profitability of this endeavor, however, is hampered by a number of factors: the supply and price of the computer system, operation and maintenance cost, and electricity fees that render crypto mining costly and painstaking. ....

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DGAP-News: Bybit to Launch Cloud Mining to Democratize Ethereum Mining

DGAP-News: Bybit / Key word(s): Market launch Bybit to Launch Cloud Mining to Democratize Ethereum Mining 04.05.2021 / 14:45 The issuer is solely responsible for the content of ....

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