Benefits & ways of mining
How it works!
What is Cryptocurrency Mining?
Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn’t have a central government. Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Essentially every blockchain requires computation power to run its algorithm. Those who provide the required computation power is rewarded by the algorithm with newly issued coins and transaction fees.
Why you should start mining?
6 Reasons to Start
Ways of mining
What Mining options you have
Source, ship, install, maintain & safeguard your miners yourself
Leasing computation power from miners already running
3rd Party Hosting
Hosting your miners with a professional service provider
Hosting with Blockbase
Hosting miners in our data center