TNS Coin is a decentralized, open-source blockchain-based operating system with smart contract functionality,
proof-of-stake principles as its consensus algorithm and a cryptocurrency native to the system, known as TNS (TRX).
It was established in March 2014 by Justin Sun and since 2017 has been overseen and supervised by the TNS Foundation,
a non-profit organization in Singapore, established in the same year. It was originally an Ethereum-based ERC-20 token,
which switched its protocol to its own blockchain in 2018.

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.