The token has a total supply of 1B. You can use any wallet that supports the Ethereum blockchain to store your Copium Coin holdings. Each Investor Pass gives you a wide range of perks and privileges in the Copium Protocol ecosystem in exchange for your early support of the project.

The Investor Pass, too, can be staked to earn rewards. These are some of the compelling benefits that each Copium Investor Pass comes with: Exclusive one-off airdrop of 10, Copium Coins via a gas-only transaction Exclusive rates when staking Copium Coin holdings Eligibility for the draw to win 1 of 2 Bitcoin giveaways Automatic entry into monthly Copium giveaways Spotlight Wire Copium Protocol will use the funds collected from the sale of the Copium Protocol Investor Pass to buy wholesale quantities of the latest and most power-efficient mining equipment.

Additionally, the funds will go towards upgrading infrastructure and capacity at the existing Copium Mining facility. The project returns the benefits of the new infrastructure to investors through different mechanisms. Copium Coin Burn Protocol The platform uses a share of the daily revenue generated from the crypto mining facility to buy Copium Coins from the open market. The purchased tokens are then burned to reduce their total supply.

The value of the token is expected to increase as its supply in the market gradually declines. The deflationary mechanism also goes a long way in supporting the token price during crypto winters. It empowers users to confidently invest in the ecosystem without worrying about the steep ups and downs the crypto market is notorious for.

It will be a noncustodial platform where you retain ownership of your staked tokens. They are locked within your wallet during the staking period. Before staking, you can estimate the potential earnings by selecting and adjusting interest rates and time period sliders on the platform. There is no penalty for premature unstaking. However, you will be required to forfeit the interest accrued in your time-locked staking contracts if you exit early. Spotlight Wire The staking rates for Investor Pass holders will be substantially higher than the public.

They can also stake their Investor Pass for daily Copium Coin earnings. The protocol distributes ten Copium Coins per staked Investor Pass for a guaranteed period of 24 months. The launch will be via a Dutch auction at a starting price of 3. If you are among the first people to register for the event using the pre-mint link available on the Copium Protocol website, you can get the NFTs for a lower fixed price of 3 ETH.

You can even track your mining performance while away from your main computer. The Awesome Miner interface manages all your mining activity in one program, allowing you to manage multiple mining engines and control mining pools in the same place. In addition, it can manage several different types of mining hardware rigs. Through the dashboard, you can track information like your mining hash rate, fan speeds, the temperature of your devices and earnings.

Awesome Miner runs on Windows and Linux, and it also offers a cloud-based web version that can be accessed via a browser on any internet-connected device. The EasyMiner dashboard provides graphical representations of your crypto mining workflows, making it simple to switch mining pools, change your network settings and check your crypto wallets.

EasyMiner makes all your mining activity private while protecting your mined Bitcoins from being stolen. When you set up the software, it immediately begins mining cryptocurrency for you. The tradeoff for this ease of use is that this program is mainly for less powerful central processing unit CPU and GPU mining capabilities. You can also mine for Litecoin and other cryptocurrencies.

Kryptex Miner, a Windows app, pays users for their computer powers. The program is meant to run in the background and automatically switch your equipment to mine the coins that will earn you the highest profit. Be warned, payment comes with a few strings attached.

Instead, you pay upfront for a mining contract, and through that, you lease Bitcoin mining equipment and electricity through ECOS. At the start of the contract, you pick what you forecast the price of Bitcoin will be over time, the duration of the mining contract, and the total hash power from your mining, based on how much you want to spend. The site will then estimate a profit, but the actual results will depend on the price of Bitcoin as you mine. When you buy a cloud mining contract, you pay a fixed amount of money to use ECOS devices for mining.

What Is Bitcoin Mining? Bitcoin mining is the proof of work consensus mechanism that creates new Bitcoins. Like many other cryptocurrencies, Bitcoin is based on blockchain technology. To record transactions and encode them on the blockchain, Bitcoin miners use their computers to solve complex math equations in order to earn the right to add new blocks to the blockchain.

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Our service was founded by the end of and with now over 2. How does mining with blazemine works? As soon as we receive your payment your contract will be added to your profile, and you can immediately start mining. Depending on the blockchain algorithm you select and the associated mining service agreement you enter into, you can either mine native cryptocurrencies directly or allocate your hashpower to other cryptocurrencies marked with AUTO , and even choose a specific allocation for them.

The first mining output is released after 48 hours, and then a daily mining output will follow. What is mining performance, why are you not mining yourself? Besides the fact that we ourselves mine with the very same hardware that we offer to our clients, our capital is limited. Where is your mining farm located?

For security reasons, we do not disclose the exact location of our mining farms. As of April , we are operating several mining farms that are located in Europe, America and Asia. Electricity cost and availability of cooling are important, but not the only criteria. See our Datac e nters page for more information. Today, the methods of earning them, and this is only possible with the help of mining, have expanded, and the creation of farms is gradually giving way to a more progressive and convenient way - cloud mining.

Let's try to understand what it is, how it works, and how it differs from standard mining. Cloud mining, how it works In English, the word mining means mining. The name is reserved for the activity of maintaining a distributed platform created to conduct transactions and create new blocks in order to receive rewards in the form of commissions or emitted Bitcoins. Individual cryptocurrency mining requires a large financial investment and is becoming less and less justified, with the emergence of large data centers built on the use of specialized ASIC devices.

Cloud mining began to gain popularity about two to three years ago. The method is quite simple: instead of buying equipment and creating your own farms, you buy the power at a cloud mining service. The company creating the service buys equipment, installs and configures it as a rule, these are very large computing capacities ; A website is created, where all the information about the company, its technical capabilities, prices for services, and terms of contracts is posted; A user wishing to purchase part of the capacity registers on the site, chooses the terms suitable for him and rents this capacity for a certain fee; As a result of the deal, the lessee receives a portion of the company's profit in accordance with the investment made.

Today there are several of the largest, most reliable and proven services for cloud mining. The most reliable of them is minery mining hosting service. Advantages of cloud mining Unlike individual standard mining, working with a cloud service has a lot of undeniable advantages: No large initial investments are required because ASIC devices are not cheap at all, but they are purchased by the company itself; There is no load on the home power grid and no electricity bill; No responsibility for the operation and maintenance of equipment, these worries are assumed by the company, and the user gets a passive income; High, predictable profitability, which makes it possible to double the investment in a year; Opportunity to earn various types of cryptocurrencies; Additional earnings from referral programs.

Is cloud-based cryptocurrency mining legal? Cryptocurrency mining is legal in most countries and the process is fully covered by the law. Note, when we say "legal," we don't mean reliable, reputable or profitable. We only mean the fact that the cloud mining provider actually owns and operates the bitcoin mining equipment itself.

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