# bitcoin mining cloud computing

Two crypto miners charged with hacking a Missouri tech firm’s cloud-computing account --- and racking up $760K in server charges » Mining crypto requires large amounts of computing power to drive the complicated algorithms used to generate the currency. Marketwatch.com

Fake crypto-mining Android apps net fraudsters $350k » Apps – many still available on third-party stores – ‘collect money for services that don’t exist’ Portswigger.net

r/Scams on Reddit: Scam explanation: e-mail says you have a valuable “cloud Bitcoin mining” account that's about to be deleted » Posted by u/teratical - 64 votes and 85 comments Reddit.com

Crypto Miner Hive Blockchain Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin » The Canadian miner is launching its high-performance computing cloud business, which is 25 times more profitable than mining. Coindesk.com

Crypto and Bitcoin Miners Rebrand and Diversify to Survive: A Look at Their New Strategies » Some of these new business lines are more profitable than bitcoin mining – but not all. Coindesk.com

How to mine bitcoins using an AWS EC2 instance… » With all the talk about the Segwit2x fork (that has now been postponed), I decided to get my feet wet in mining cryptocurrencies. Codeamt.medium.com

What Is Cloud Mining of Cryptocurrency, and How Does It Work? » Cloud mining enables mining of cryptocurrencies, such as bitcoin, without installation of expensive mining hardware. Investopedia.com