The world is characterised by the presence of some of the most developed economies of the world. The economies of the world are developed for a reason because they have understood the demand and supply concepts of basic economics really very well to judge and form a developed nation of their own. Being dynamic is one of the most important element and characteristic feature of those developed nations. The dynamism of economic nations has been the most important concept because what is the current demand in the world must be addressed and supplied for at the earliest in order to receive the first mover advantage.
Hence the world economies have understood another opportunity in the world that happens to be related with the cryptocurrency world. The world of cryptocurrency is highly advanced for the simple reason that leaving behind the monetary economies, the digital revolution for the monetary systems there has been absolute benefit for the world economies. The use of nodes to validate the transactions taking place between any two persons, has to be recorded into the block chain. To validate the block chain, there is a concept of mining that surely provides the proof of work being done by the persons involving in the transaction process.
The cloud mining has been the present trend, and similarly ethereum cloud mining, bitcoin cloudmining and z cash cloud mining are being performed by all the nodes who want to profit themselves. The process of cloud mining is just another advancement in to the process of mining, where record keeping service is of immense importance, except for the addition that mining is done online. Therefore, the developed countries have understood the concepts really very well and now they are reaping the benefits of cryptocurrency world.