Frequently Asked Questions

What is Cloud Mining?

Cloud Mining is the blockchain process of transaction validation utilizing a remote data-center with shared processing power. The blockchain mining rigs are housed and maintained in a facility owned by mining company and the customer simply needs to register and purchase mining contracts or shares.

What is Smart Contract?

Smart Contract is a blockchain protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.

What is SHA?

The Secure Hash Algorithms are a family of cryptographic hash functions widely used for security of blockchain applications, published by the National Institute of Standards and Technology (NIST) as a U.S. Federal Information Processing Standard (FIPS).