This delivers the work to the miners and receives the completed work from the miners and relays that information back to the blockchain and your mining pool.
These services enables owners to not deal with any of the hassles usually encountered when mining bitcoins such as electricity, hosting issues, heat, installation or upkeep trouble.
Scam mining companies are common and many have fallen prey to their schemes. Beware.
Bitcoin is an internet protocol that enables the transfer of value over a communications channel like the Internet or radio.
An easily understood application is decentralized digital currency; like being able to send a gold coin as easy as you send an email.
But blockchain technology enables many things like a fridge that can pay for and restock itself or self-driving taxis.