Ethereum (ETH) fluctuates, cloud mining becomes the focus of investors
Ethereum (ETH) has fluctuated between $4,200 and $4,500 for the past two weeks. Weakened institutional and spot demand has led some traders to turn bearish, predicting a price drop to $3,500. Amidst increasing price volatility and uncertainty, more investors are seeking more sustainable income streams. Cloud mining, with its convenience and low barriers to entry, has re-entered the market.
While individual mining offered lucrative returns in its early days, soaring equipment costs, energy consumption, and stricter regulations have made this approach unsustainable. In contrast, cloud mining, through computing power leasing, allows investors to participate directly without purchasing hardware, offering an alternative. However, transparency and returns vary significantly between platforms, making choosing a reliable partner cruci al.
