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Cloud computing [1] is the on-demand availability of computer system resources, especially data storage ( cloud storage) and computing power, without direct active management by the user. [2] Large clouds often have functions distributed over multiple locations, each of which is a data center.
Cloud mining. Cloud mining is the process of cryptocurrency mining utilizing a remote data center with shared processing power. [1] Cloud mining has been used by ransomware groups and scammers to launder cryptocurrency. [2] This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.
Private cloud computing infrastructure is a category of cloud computing that provides comparable benefits to public cloud systems, such as self-service and scalability, but it does so via a proprietary framework. In contrast to public clouds, which cater to multiple entities, a private cloud is specifically designed for the requirements and ...
Cloud mining uses other people’s equipment to mine and — much like if you were to invest in a company — you will earn a portion of the profits. When you’re choosing a cloud mining ...
Managed private cloud (also known as " hosted private cloud " or " single-tenant SaaS ") refers to a principle in software architecture where a single instance of the software runs on a server, serves a single client organization (tenant), and is managed by a third party. The third-party provider is responsible for providing the hardware for ...
In 2014, mining pool Ghash.io reached 51% mining power, causing safety concerns, but later voluntarily capped its power at 39.99% for the benefit of the whole network. A few entities also dominate other parts of the ecosystem such as the client software, online wallets, and simplified payment verification (SPV) clients. Economics and usage
Cloud storage is a model of computer data storage in which data, said to be on " the cloud ", is stored remotely in logical pools and is accessible to users over a network, typically the Internet. The physical storage spans multiple servers (sometimes in multiple locations), and the physical environment is typically owned and managed by a cloud ...
A virtual private network (VPN) is a mechanism for creating a secure connection between a computing device and a computer network, or between two networks, using an insecure communication medium such as the public Internet.
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