Bitcoin News Today: Everyday Investors Get a Mining Passport: Cloud Tech Removes the Hardware Hurdle

IOTA Miner, a London-based cryptocurrency cloud mining service, has expanded its offerings to include cloud mining for XRP and BTC, following the recent launch of its mobile application. This move is part of the company’s strategy to make cryptocurrency mining more accessible to everyday users by eliminating the need for hardware ownership and maintenance. The platform now supports a variety of major digital assets, including Bitcoin, Ethereum, and Ripple, enabling users to manage their mining activities through a mobile interface [1].

The cloud mining model, which IOTA Miner promotes, allows users to rent computing power from remote data centers, as opposed to traditional mining that requires physical hardware. The company emphasizes that this approach lowers the technical barriers to entry and offers a more scalable and convenient solution for investors. The new mobile app features a user-friendly interface that allows real-time monitoring of contract performance, daily earnings, and account balances. It also supports a range of contract types, from short-term trials to long-term agreements with higher computational power [1].

IOTA Miner has introduced a range of diversified hashrate contracts designed to meet varying investment objectives and risk profiles. These contracts range in investment size and duration, providing users with flexibility. For example, a $100 contract on DOGE or LTC yields $5 in daily earnings over two days, while a $100,000 contract on BTC or BCH produces approximately $1,910 in daily returns over 30 days. Profits are automatically credited to user accounts, and users can either withdraw funds or reinvest to continue earning [1].

The platform offers a $15 sign-up bonus for new users, along with a $0.60 daily check-in reward. These incentives are designed to encourage new adoption and ongoing user engagement. Additionally, IOTA Miner employs advanced security measures, including McAfee® and Cloudflare® protection, to safeguard user assets and data [1].

Founded in 2018, IOTA Miner has grown to serve over 9 million registered users in more than 180 countries and regions. The company operates with a focus on high-performance hardware, intelligent algorithms, and cloud computing technology. As part of its expansion into mobile mining, the firm aims to further democratize access to blockchain technology and provide everyday investors with tools to participate in the digital asset ecosystem [1].

The company has emphasized that cryptocurrency mining and trading involve inherent risks and that individual results may vary. This press release is intended for informational purposes and does not constitute financial or investment advice. Users are encouraged to evaluate their own risk tolerance and investment goals before participating in cloud mining activities [1].

Source:

[1] IOTA Miner Launches Mobile App for Cloud Mining ... (https://www.mitrade.com/insights/news/live-news/article-3-1052788-20250820)