Personal investment users can participate in mining mainly through two ways, including cloud hashrate and hosting.

1. Cloud hashrate

As one of the simplest ways to get started with mining, a cloud hashrate platform operates a certain scale of hashrate, break it down into smaller parts, and sell it to users. The users can choose different hashrate and time periods. For example, the users can choose to purchase a cloud hashrate product with a hashrate of 50 T and a cycle of 360 days, and after payment, you can earn revenues after the time limit has expired.

Advantages of cloud hashrate:

1) Low user threshold

2) Almost no intermediate links

3) Simple and easy to understand

Disadvantages of cloud hashrate:

1) Regarding the reliability and reputation of the cloud hashrate platform, it is advisable to choose those with strong capabilities and clear backgrounds. Some small cloud hashrate platforms have weak risk tolerance and may face the risk of bankruptcy or running away.

2) The unit hashrate cost of cloud hashrate is relatively high.

3) The users cannot own miners, which means that funds you invest only buy the right to use them. When the time expires, the miners are not related to you. And you also have no right to dispose of miners. For ordinary novices, the cloud hashrate that cannot be touched or seen is often easily fooled by others.

4) The property rights of miners are not in the hands of users, so they cannot enjoy the bonus of miner appreciation (during bull market, miners can also continuously increase in value, and reselling second-hand miners for profit is also a means of profit).

5) The situation of oversold hashrate is not uncommon.

2. Hosting

The reasons for choosing hosting are as follows.

Firstly, it is not practical for miners to operate at home or in other livelihood occasions. The energy consumption of miners is very high, and the high electricity prices for civilian use also increase the cost of mining, resulting in low profits. Moreover, the noise generated by multiple miners operating 24 hours a day is also a significant obstacle for civilian use.

Secondly, operation and maintenance of miners is also very complex. The occurrence of abnormal situations such as disconnections can lead to downtime, thereby interrupting mining and reducing profits. This requires professional operation and maintenance personnel to be on standby 24 hours a day, which ordinary users do not have the energy and ability to do.

Compared to purchasing and manually managing a large number of miners, hosting is a simpler solution. It is a service that entrusts miners to certain service providers for management and maintenance. In general, the service providers will provide locations in the data center and offer suitable conditions to ensure that miners are in optimal working condition. And the users pay electricity and operation and management fees to the service providers without having to personally manage and operate these miners on the front line.

Here are some advantages of hosting:

1) A large amount of electricity generally needs to be consumed, and data centers get cheaper electricity than households.

2) The noise of air-cooling miners can be very loud, up to 90 decibels. The data centers are usually located in sparsely populated areas.

3) To use miners for mining, it is necessary to connect to a pool, and one must have some professional operational knowledge, which can be difficult for most people to learn.

4) The operation status of the miners needs to be monitored 24 hours a day, and the service providers can help users to save time costs.

5) The miners generate a large amount of heat during operation and require cooling. It is not cost-effective to use air conditioning at home. The data center has professional equipment for heat dissipation and cooling.

6) Cluster mining can increase the output of a single miner.

7) Some hosting companies are able to directly cash in revenues mined by investors' miners, which also eliminates some investors' concerns about not being able to cash in revenues.

Hidden dangers of hosting:

1. Because the data center may be located in remote areas, there are certain security risks to the miner assets.

2. Miners and related auxiliary equipment need to operate in a constant temperature and humidity working environment, coupled with large-scale power ratio, resulting in high requirements for the configuration of the data center. Some specialized data center requires hardware equipment such as electricity, air conditioning, ventilation, as well as resident operation and maintenance personnel, and soft power such as response time for problem feedback. Therefore, a stable operation and maintenance team is crucial for hosting service providers.