Seven Things Everyone Should Know About Cryptocurrency Mining and HydroMiner

in #hydrominer7 years ago (edited)

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  1. As most of us know until now, virtual (also called digital) money is created through a complex process called mining. This operation is open source - in other words, anyone, from any part of the globe, can participate in this. In order to keep the exploitation of mining between certain limits and safe values, crypto currency can only be generated by hard-to-compute but easy to verify computational puzzles. This requires a tremendous computing power - moreover, each investment of this kind consists in proper equipment (often with very high costs involved), adequate cooling solutions and a high quantity of electricity.

  2. All of the aspects that we have briefly stated above can be often considered as impediments and can stop investors from starting such a project. So, in order to decrease costs, you may think a proper solution is to obtain energy at a lower price - this is where HydroMiner comes into discussion. Hydrominer uses the hydro power plants in the Alps region to obtain cheap energy, directly from the source - this offers electricity with 85% lower prices than the European average. More than this, it uses different types of cooling solutions - one of them being with the cold water from the mountain rivers.

  3. Because HydroMiner uses electricity obtained through the use of a renewable source of energy, it is one of the most environmentally friendly startups in the world (like all hydro power plants, it uses the energy of falling or fast running water).

  4. Also, Hydrominer designed and developed a new way of installing and operating crypto currency mining - it uses sea-freight containers that it equips, transports and installs right near the hydro power plant buildings. Now, one can understand that all these improvements will undoubtedly lead to increased profits and improved efficiency.

  5. This project is fully functionable and operating - there are already two Hydrominer power stations running, at the moment, financed by Hydrominer and a few local investors. These two generate an output of 60 Gigahertz mining power of Ethereum and other crypto currencies.

  6. A miner needs to function 24/7, at a high pace, under high load. Because of this intense rhythm, problems may occur quite often. And unfortunately, every downtime means a loss of money and profit. That is why it is very important to install a reliable monitoring system that can verify such breakdowns or failures. Hydrominer offers proprietary solutions for monitoring and gaining remote access to the miners.

  7. Now, being so close to the token sale, Hydrominer wants to give more investors the chance to be part of this profitable eco-friendly mining business. Until now, a lot of interest has been received from the crypto community so a limited presale will be done soon - all investors will receive a 25% discount.

Find out more about HydroMiner at https://www.hydrominer.org/ . Here you will find useful information and a very rich Frequently Asked Questions section. HydroMiner.org also provides various insights concerning the token sale, the crowdsale objectives and how this system is transforming the cyber currency mining industry.

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Thanks for informing these seven things.