Shiba Inu token (ticker: SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as "Ryoshi".
It is named after the Shiba Inu (柴犬), a Japanese breed of dog originating in the Chūbu region,
the same breed that is depicted in Dogecoin's symbol, itself originally a satirical cryptocurrency based on the Doge meme.
Shiba Inu has been characterized as a "meme coin" and a pump and dump scheme.
There have also been concerns about the concentration of the coin with a single "whale" wallet controlling billions of dollars' worth of the token,
and frenzied buying by retail investors motivated by fear of missing out (FOMO).


Cloud mining is the process of cryptocurrency mining utilizing a remote datacenter with shared processing power.
This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.
The mining rigs are housed and maintained in a facility owned by mining company and the customer simply needs to register and purchase mining contracts or shares.
Since cloud mining is provided as a service, there is generally some cost and this can result in lower returns for the miner.