Cloud mining allows users to invest in cryptocurrency mining without needing to purchase and maintain mining equipment. Users can purchase mining contracts to rent mining equipment for a period of time. Hashflare is a cloud mining service that makes mining accessible for low entrance fees starting at $1.20. To buy a mining contract on Hashflare, users create an account, select a mining algorithm and hash power, choose a payment method like Bitcoin, and send funds to complete the purchase. Users can also earn revenue from referrals by getting an affiliate link to share.
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