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In recent years, cloud mining has emerged as a revolutionary method for both seasoned miners and newcomers to participate in cryptocurrency mining without the need for hefty upfront investments in expensive hardware or dealing with the complexities of maintaining mining rigs.
After peaking at a whopping $3.91 trillion in December 2024, the crypto market has undergone a sharp correction in Q1 2025. This downturn brought the total market cap down to just above $2.5 trillion, rattling short-term investor confidence across digital assets.
Investors have found Ethereum's performance in Q1 2025 hard to take. The main smart contract platform saw its price drop more than 45% in that quarter, marking its very worst quarterly performance since 2018.