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Mining

In cryptocurrency networks, MINING  is a confirmation of transactions. Miners obtain new cryptocurrency as a reward. The reward decreases transaction fees by creating a complementary incentive to contribute to the processing power of the network. However, with more people venturing into the world of virtual currency, generating hashes for this validation has become far more complex over the years, with miners having to invest large sums of money on employing multiple high performance ASICs. Thus the value of the currency obtained for finding a hash often does not justify the amount of money spent on setting up the machines, the cooling facilities to overcome the enormous amount of heat they produce, and the electricity required to run them.

I have never mined myself, i use various companies listed and typically buy two-year contracts.

Various mining sites, depending on budget. Please email me for latest mining contracts available.

GENESIS-MINING.COM – 3% DISCOUNT CODE GhWHzK

(copy and paste the links below to chosen site(s) )