CRYPTOMINING PLATFORM

AGU SOMTO
4 min readApr 24, 2020

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INTRODUCTION

Cryptocurrency mining is a way to get new coin. Of course, it is possible to buy them, but cloudmining creates new ones by making new parts of the blockchain. In defining cryptocurrency mining, it should be stated how it actually works. In order to mine, there must be a peer-to-peer computers network so that tasks can be performed with their combined computing power. The more computers and less centralized the system, the faster tasks will be operated. Each computer is called a host in the blockchain and the network works based on a cryptographic protocol. By recording and confirming new operations into a virtual, replicated, and distributed public database known as the blockchain, miners (those who do mining) create new parts of the chain and they receive reward for each new part as a reward. The new block can be made just once in 10 minutes so that to synchronize all operations, assure they are mathematically accurate and be able to spread it around all users.

many companies have so far engage in the services of mining new coin some does it for personnal purpose while some of the companies does it for commercial purpose

CRYPTOMINING PLATFORM OFFERS THE BEST MINING CONTRACT

Crypto Mining is a cloud mining company that has been serving since 2015. It aims to allow users to dig any coin they wish without any physical contact or additional costs and to make continuous profits. All activities such as security, infrastructure, insulation, energy efficiency, installation, device purchase-sale
and renewal are carried out by our company.Easy access, simple use and security are our value propositions. As one of the most established and leading company in this field, cryptomining continues their journey by growing with our facilities and investors around the world.

CryptoMining founders are lucky. Canada, where they took the first step of the company, offered the ideal conditions for crypto mining. North America and Canada are still one of the best places in the world for mining, thanks to low-cost electricity, cool temperatures, and high-speed internet. Authorities in the region show different approaches to cryptocurrencies. Many factors such as state-provided facilities, low costs and taxes, and ease of investment in crypto-friendly environments have affected our choice. For this reason, they concentrated their investments at the following points:

1) Canada

2) State of Georgia

3) Iceland

4) Russia

5) China

6) Norway

COUNTRY REGULATIONS

The legal status of cryptocurrency and it’s related activities varies substantially from state to state and is still undefined or changing in many of them. Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications.

While some states have explicitly allowed its use and trade, others have banned or restricted it. Likewise, various government agencies, departments, and courts have classified cryptocurrency differently. Cryptomining have made sure that they sited their operatios and mining farm where there is less restrictions from government.

CRYPTOMINING UNIQUE FEATURES

DAILY RETURN DISTRIBUTION; Coins earned are reflected in the wallet of the user at the end of each day. Follow what is earned and securely store the fund.

SUPERIOR MINING TECHNOLOGY; We supply the best and latest hardware for different coin algorithms, achieving maximum power with the best technology

MULTI-ALGORITHM & COINS; The platform supports many algorithms and coin types. The users are aimed to have plenty of option to choose from.

HASH POWER ALLOCATION; You can distribute the hash power you bought among multiple coins and create a portfolio for your investment

MAXIMUM SECURITY; High level of protection is provided against hacking and manipulation while only the mandatory information is asked

USER-FRIENDLY INTERFACE; Mining information, platform wallet, return calculator, reports and charts. Simple as it is with minimum effort and time

CRYPTO MINING CONTRACTS

Crypto Mining cloud services provide users with a secure infrastructure to dig their chosen coins for as long as they wish. Crypto Mining contracts are two years old. Users can track their daily return status from platform wallets during this period and withdraw their funds immediately after the commitment has been filled.

The platform offers coin and altcoin mining options working on 6 algorithms. Processors in mining facilities support all Bitcoin (SHA-256), Ethereum (Ethash), Dash (X11), Monero (CryptoNight) and Litecoin (Scrypt) algorithms. In the most basic terms, users subscribes to a package of their preference which includes hash power to dig coins encrypted with the selected algorithm, Bitcoin, Ethereum, Dash, ZCash, Monero and Litecoin, and their forked altcoins.

CONCLUSION

Crypto Mining has proven to be one of the oldest cloud mining providers in the world, offering cryptocurrency mining capacities in every scope — for beginners, enthusiastic home miners, as well as large scale investors. Also aims to make the right investments alongside its expert team with high technological knowledge. Contributing to the existence of crypto assets, expanding the ecosystem and obtaining many patents

For more information.

https://crypto-mining.biz/bounty

https://t.me/cryptominingbiz

https://twitter.com/Crypto__mining

https://www.facebook.com/Cryptomining-105301131092633/

eth wallet address; 0xAa6C938f1f1AE4F2cAf1251b94B9d166B0A1FfF2

referral link: https://crypto-mining.biz/?ref=Hugobro

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