ENVIRONMENTAL RAMA MINING WITH MINEDBLOCK – Rindi ani –

ENVIRONMENTAL RAMA MINING WITH MINEDBLOCK – Rindi ani –

To obtain coins or cryptocurrency tokens, the procedure usually used is through purchase or mining transactions. Coins tend to be obtained through the mining process facilitated by the blockchain-based digital platform. The blockchain in this case acts as a driving agent for the mining system while upholding high level security for each block containing the coin or digital token. However, some platforms that make coins as a form of cryptocurrency assets also open opportunities to obtain coins through a purchase transaction. Usually this purchase period is limited by a certain time, around 1 month or more. However, mining can continue to be done at any time as long as the availability of coins in mining pools is still affordable.

This is different from tokens which are generally obtained through purchase transactions. Usually the cryptocurrency platform will open a purchase period such as ICO (Initial Coin Offering), ITO (Initial Token Offering), pre-sale, private sale, public sale, and so on. Tokens can also be obtained through the Airdrops and Bounty periods where in both of these periods, tokens or coins will be given without payment. However, there are several procedures that users must follow to be able to join in the airdrops and bounty periods. Airdrops do not want any requirements that must be met by users to obtain tokens. It’s just that the user must race to enter the list quickly. Whereas the Bounty requires users to carry out promotions or publications regarding the platforms that hold such bounties in various media such as the internet, social media, and other media that are considered possible.

What will be the main discussion here is about the mining process. This process involves the role of a number of technological components which usually also require large consumption costs. In addition, mining also requires a stable and adequate power supply to ensure the mining process can be completed properly. This is the effect of technological advancements in the world of cryptocurrency that manage mining activities. The more sophisticated the technology is created, the higher the criteria in the mining process. This is what causes users to have computer devices with super powers to be able to do mining perfectly. Higher power consumption is directly proportional to the cost of procurement of equipment that must be provided in large quantities as well.

MinedBlock offers a more realistic and practical mining solution for users who have been facing high process complexity. This platform provides digital token mining facilities for various types of digital currencies. By using the ASIC application for integrated circuit mining, this application will run a computer system to complete a task which in this case is completing the mining process. There is AndMinerS9i which is an ASIC miner supported by 189 individual chips specifically created to complete SHA-256 encryption. If the encryption is successfully solved, the block will be immediately solved as well so that the miner can open it and get the tokens stored in it.

Mining coins or tokens in the world of cryptocurrency has become a dynamic activity. This is one of the processes that turns on the system inside the MinedBlock platform. By facilitating mining for a number of types of tokens, MinedBlock indirectly has made every effort to increase mining activities in the blockchain network. This will cause the emergence of new miners in bulk which will make the mining area rich in competition. Not only referring to individuals, miners are also possible to come from companies. Companies will certainly have greater strength in mining so that individual users will not be able to compete with them.

The only solution that can balance this is with cost and power support. Power can be assured that a lot will be spent so that this will cause swelling of the user’s electricity costs. Users tend to not be able to generate more profits because the price of tokens that have been successfully mined is not in accordance with the expenditure costs to carry out these mining activities. MinedBlock can be trusted as an excellent medium for mining with a full focus on service delivery that can simplify procedures. By utilizing renewable energy, MinedBlock can make efficient use of power for mining on its platform. Minimization of expenditure costs from the mining process can be truly realized and users can get greater profits.

All components involved in developing the MinedBlock platform network system will ensure the provision of high-quality facilities for miners to obtain extraordinary experiences.

MORE INFO:

Website: https://www.minedblock.io/

Telegram: https://t.me/MinedBlockOfficial

Bounty 0x : diani

“This article was posted in exchange for a potential token reward through Bounty0x”

Published at Sat, 04 May 2019 03:01:31 +0000