What is Crypto Mining?
Crypto mining was established in 2009 when Bitcoin was first discovered. Throughout the world people with little or no experience in trading the financial markets constructed these customised powerful computers, which had been configured to use algorithms to permit the activity of cryptocurrency to occur — these became known as ‘mining rigs’. The aim of these investors is to achieve a constant flow of income with limited or no daily input. This is a form of ‘passive income’ and the final goal is to earn money whilst you are sleeping.
Now technology continues to advance and such is the demand for mining rigs, we established Mineeezi. We wanted to pass on our knowledge for crypto currency mining and enable any person regardless of their trading experience or IT experience to be able to earn a ‘passive income’ via mining cryptocurrencies using our mining rigs with state of the art components.
BASICS OF CRYPTO MINING
Crypto mining is basically the action of new cryptocurrency coins entering into circulation, unlike traditional mining methods where you associate tools and machinery to extract elements from the ground. Investors and businesses utilise these customised powerful computers to enable complicated mathematical calculations to be solved thus resulting in transactions being verified to gain a financial benefit.
The purpose of crypto mining is not only to verify transactions within the blockchain system, but it also earns you coins in the form of crypto currency that you have mined. There are thousands of varieties of cryptocurrencies that can be mined, the most well known being Bitcoin (BTC). Mineeezi mining rigs have been customised to mine Ethereum (ETH) and Ravencoin (RVN) as these are at present the most profitable coins to mine.
TRANSACTIONS IN CRYPTO MINING
The process of transferring a coin from one individual to another is known as a transaction, now these transactions must be documented. Similar to a bank transfer you would have proof via a receipt or would appear on your bank statement. Crypto miners must document any transactions, as it is imperative the individuals involved in the transaction do not duplicate the coins to spend them multiple times.
Crypto miners will then group their transactions into blocks of data known as blockchain, these data blocks are then stored on nodes which can be a device like a PC, laptop or server. The nodes form the foundation of the blockchain and are linked to each other, their function is to continuously transfer the blockchain data so all the nodes are updated with the current data. Miners must resolve complicated mathematical calculations, before a certified block can be added to the blockchain. They also are required to construct a hash, also known as a 64 digit hexadecimal number. This number needs to be equal or close enough to the destination hash for that data block. Once the computer has predicted the correct solutions for the rate of hash per second (H/S), the person or company will then confirm the 1MB data block and whoever claims first the correct solution will gain the data block and also receive tokens.
Mineeezi mining rigs have been customised specifically to mine cryptocurrencies, you do not need to worry about if the nodes are connected to each other or solve complicated mathematical calculations, our trading and software experts have already done all the hard work for you. All you need to do is simple Plug ’n’ Earn which allows anyone to start mining cryptocurrency without all the hassle and technical know-how.
MINEEEZI’S 4 EASY STEPS TO BEGIN CRYPTOCURRENCY MINING:
- Choose and purchase your mining rig. We can help you pick which machine best suits your investment goals!
- We will hand build and vigorously test your rig to ensure optimal performance.
- Provide us with a Cryptocurrency wallet address. Don’t worry, we’ll help you with this if you don’t already have one.
- Take delivery of your rig — simply plug it in and start earning! It’s really as easy as that.
If you’d like to start earning a passive income with Mineeezi, please visit www.mineeezi.com for more information OR contact us via:
07834 600 991
Disclaimer: Investing in Cryptocurrency Mining Rigs, as with any investment, is not guaranteed to provide financial returns/profits. We are not financial advisers and we will not recommend any specific investment in any financial products/services to you. All examples used on this website are for illustrative purposes only. Cryptocurrency prices can fluctuate.
Investment is at your own risk.
