is the work performed when computing the consensus algorithms of a decentralized network. It is common to hear an expressions, “to mine bitcoins”. So what is needed to mine on the VenusEnergy platform?
The process of digital currencies on the VenusEnergy platform involves solving complex cryptographic puzzles. By doing this, miners are providing proof of work like the SHA256 and Scrypt which are in use today.
Due to the volatile and constantly changing market of the , it was decided to choose the most stable, most promising to mine on the VenusEnergy platform, such as (),BitcoinCach (BTH), — (ETH), and some others.
The user can choose a type of , where you can mine up to 24 coins as a base, and over time coins will be added or removed according to the demand of the users. In this type of , the generated yields will go to the that the user chooses. A small commission of 20% will be deducted when a block is found. This commission will be directed to maintenance expenses, equipment renewal, and taxes.
VENUS holders will be able to buy speed 20% cheaper on the VENUSENERGY platform than other users paying in another currency. VenusEnergy gives investors the opportunity to get the cheapest electricity, which is even 20% cheaper than the price for the ordinary consumer. This would be for a limited time because after the end of the ICO, new standard speed plans would be announced.
OTHER ALTERNATIVES
Depending on the inconsistent and always changing market we can offer both parties to agree on halting the of the , if becomes unprofitable. VENUSENERGY and the customer can agree to halt the and the customer will receive a lump sum for spelling energy back into the electricity grid instead for digital assets.
Electricity is consumed by the , selling to the power networks or other users, and after deduction of tax revenue, returning the money to the holder.
Published at Thu, 21 Mar 2019 14:18:44 +0000
