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How can I differentiate the cloud mining and Bitcoin lending?
bitcoin lending is what the name suggest, lending your bitcoin to someone. Have no idea about cloud mining!
cloud mining is done when you don’t have mining resources/ machines and you trust the other person to do it for you and lastly provides you with what is yours.
the difference is that in cloud mining you get your part after mining while in bitcoin lending you lend bitcoin to someone and expect it to be returned in future.
cloud mining is done when you don't have enough resources for mining and you may lend bitcoins to your peer to help him or get a good pay back in future with some added terms and conditions etc.
in cloud mining you give your bitcoin to other to mine them for you while in bitcoin lending you give them to other as a loan.
these are different things, I don't find them to be compared.
the names are self-descriptive.
exactly the difference can be seen right in the names; one is mining and other is lending
not everyone can afford mining resources, so they go for cloud mining while bitcoins can be lend for different reasons.
they are totally different, cloud mining is one of the ways u can do mining while giving ur BTC as loan is bitcoin lending.
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