Bybit, which is a derivative trading platform has decided to roll out a new cloud mining model. Bybit disclosed that the feature of the new cloud mining model is that it will not only saves time but also plays a very important role in improving the experience of the users. Bybit is currently endeavoring to fulfill the needs of the clients who want to get benefit from mining ETH.

The new product is mining-as-a-service (MaaS) of Bybit. It will allow users to get immediate access to ether (ETH) mining from as little as $100. They can launch their crypto-mining business without the necessity to have substantial computing knowledge and experience or purchase costly hardware.

Furthermore, the cloud mining contracts of Bybit are immediately accessible upon the acquisition. It has the feature of 100% secured running time and has any interruption covered in the Asian exchange. The low-cost, resilient, and simple-to-utilize service of Bybit comes during increasing mining revenues on Ethereum, which has already speed up demand on the activity that produces rewards for authenticating blocks of trades.

The firm disclosed: “The first entry of Bybit to ByFi product suite, Bybit Cloud Mining endeavors to assist users to direct the flourishing yet ever-changing industry by decreasing the blockages to entry and guaranteeing a simple methodology to mine, thus opening the door to greater effectiveness and fewer risks,”