Cloud mining – is the process of using hardware power to mine cryptocurrency (such as Bitcoin or Litecoin) remotely. This mining model came to existence due to the fact that the increasing difficulty of mining has made it unprofitable for mining enthusiasts to mine Bitcoins at home.And cloud Mining is a service that allows users to invest in cryptocurrency mining without the need to select, buy, and maintain cryptocurrency mining equipment, which requires a certain degree of technical knowledge.Hashflare.io mining doesn't go into rich detail about its mining rigs. It describes each miner as “a highly efficient piece of mining equipment specially designed for cryptocurrency mining.” They also claim that their datacenters “house hundreds of miners”.