Genesis is the oldest name in cloud mining. They offer Scrypt contracts specifically optimized for Litecoin/Dogecoin merged mining.
You don’t need to store or maintain equipment.
Here is the simplified workflow:
For the average investor, entering the world of Litecoin mining seems daunting—expensive hardware, high electricity costs, and noisy rigs. This is where services enter the picture.
If the price of Litecoin drops significantly, the value of your mined coins might not cover the maintenance fee. In "real" mining, you can shut off your machine to save electricity. In cloud mining, the contract often continues, sometimes resulting in zero payouts until the market recovers. ltc mining cloud
You cannot choose which mining pool to support or tweak the hardware for efficiency. Choosing a Provider
Genuine providers often show their facilities. Genesis is the oldest name in cloud mining
: You purchase a contract from a provider that defines your rented hashrate and contract duration. The Reward
As the provider’s hardware solves blocks, a portion of the rewards is credited to your account, minus service fees. Here is the simplified workflow: For the average