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Mining is the process of spending computing power to process transactions, secure thenetwork, and keeps everyone in the system synchronized together. It can be perceived like the Bitcoin data center except that it has been designed to befully decentralized with miners operating in all countries and no individual having control over the network.
This process isr eferred to as "mining" as an analogy to gold mining because it isalso a temporary mechanism used to issue new bitcoins. Unlike gold mining,however, Bitcoin mining provides a reward in exchange for useful services required to operate a secure payment network. Mining will still be requiredafter the last bitcoin is issued.
Anybody can become a Bitcoin miner by running Bitcoin mining software and Bitcoin mining modules with specialized Bitcoin mining hardware. Mining software listens for transaction broadcasts through thepeer-to-peer network and performs appropriate tasks to process and confirmthese transactions. Bitcoin miners perform this work because they can earntransaction fees paid by users for faster transaction processing, and newlycreated bitcoins issued into existence according to a fixed formula.
GPU=Graphics Processing Unit It refers to mining with your video card. The processor on the video card(the GPU) can be used to calculate the hashing algorithm of the various types of cryptocurriencies. For most types of cryptocurrency a GPU is better than a CPU for this purpose.
In the early days of cryptocurrency, anyone could find a new block using their computer's CPU or GPU. As more and more people started mining, the difficulty of finding new blocks increased greatly to the point where the only cost-effective method of mining today is using specialized hardware. This is where our comprehensive machines come into play. We build our units on a plug and play basis leaving the headache out of the way.
Absolutely! Every step of the way. We’ll even go on stepfurther and help you with your business plan, projections and advised strategy dependenton your personal circumstances.
Of course we can ,every step of the way. Just book an appointment on our homepage, and we'll be able to take through the process of starting your own mining farm.
Our office is open Monday to Friday 10am to 5pm.Sadly we do not offer a walk-in service but we can always schedule a meeting for you. Just contact our customer service and we’ll make sure to have schedule an appointment for you.
Due to the nature of our equipment at this stage returns arenot possible. A 12 months warranty and phone support is always offered.
If your equipment has gone faulty our damaged, you can always send it back to us and we’ll make sure you’re up and running as quick as possible. We tend to offer a 14 day turn around to all of our customers.
Due to the high demand our company has seen through 2017-2020, maintenance packages are only offered to large enterprises at this time. As previously mentioned all merchandise or builds come with a 12 months warranty and phone support.