What is Mining as a Service (MaaS)?

Mining as a Service (MaaS) is a cloud product that allows you to purchase mining power (or hash rate) from a cloud mining provider, typically measured in megahashes per second (mh/s) and purchased in time intervals, which can vary from a week to several years. Also referred to as cloud mining, MaaS tends to refer to the selling of hash rate from the cloud mining provider's point of view — as a way to monetize their existing hash rate and mining hardware.